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Fidelity to Offer Exposure to Metaverse, Digital Payments With New ETFs
12.4.2022
Trading in the two funds is likely to start around April 21, Fidelity said. Both will be passively managed
Study: 54% of UAE and Saudi Arabia Survey Respondents Said Crypto Should Be Used for Payments
12.4.2022
An average of 54% of survey respondents from Saudi Arabia and the United Arab Emirates (UAE) said they believe cryptocurrency should be used as currency. Still, a significant proportion of the respective countries’ respondents believe certain obstacles are stopping cryptocurrencies from...
Philippines' fintech achieves unicorn status after embracing crypto payments
12.4.2022
Voyager reportedly plans to integrate cryptocurrencies, micro investments and insurance products into PayMaya, which already includes a digital wallet
Indian crypto exchanges' volume plunges down as 30% tax goes into effect
12.4.2022
Payment services providers have also cut ties with major crypto exchanges even when the same is available for gambling and fantasy sports platforms
Ghana Central Bank Reiterates Warning Against Practice of Pricing Goods in Forex
12.4.2022
The Bank of Ghana has warned businesses and the public against the practice of demanding or making payments in foreign currency without its authorization. The central bank’s warning comes just over a month after Ghana’s currency was rated the worst performing among Africa’s...
Iran Will Not Allow Crypto Payments, Prepares to Pilot Digital Rial
12.4.2022
Iran will not recognize cryptocurrencies as a means of payment, a high-ranking government official has indicated. His statement came as the Central Bank of Iran announced rules for the issuance of digital coins in the country. These are meant, however, for its own “crypto rial,”...
Latin American Delivery Unicorn Rappi Launches Crypto Payments Pilot
11.4.2022
The Colombia-based company has partnered with BitPay and Bitso to convert crypto into credits for purchases within its platform
Mastercard files 15 metaverse and NFT related trademarks
11.4.2022
Mastercard joins Visa and American Express with moves into the Metaverse as it seeks to increase revenue streams and remain competitive in the virtual economy
Crypto seen as the ‘future of money’ in inflation-mired countries
11.4.2022
Citizens in countries with heavily devalued currencies “need to have crypto.” In the developed world, it’s often just “nice to have.”
Musk Not Joining Twitter’s Board But Wants 'Significant Improvements', Teases DOGE Payments Integration
11.4.2022
Shortly after purchasing a 9.2% stake in Twitter, Tesla’s CEO Elon Musk has announced that he is hoping to pave the way for “significant improvements” to the social media platform “in the coming months,” and possibly for the integration of dogecoin (DOGE) payments for premium services.
This...
Coinbase Halts India's UPI Support After Regulatory Uncertainty
11.4.2022
Major crypto exchange Coinbase has halted support for the Unified Payments Interface (UPI), India's payment system, following a statement by the country watchdog that claimed it was not aware of "any crypto exchange using UPI."
"Purchases with this payment method are temporarily unavailable,"...
Elon Musk Suggests Making Dogecoin a Payment Option for Twitter Blue Service
11.4.2022
Tesla and Spacex CEO Elon Musk has suggested making the meme cryptocurrency dogecoin (DOGE) a payment option for the Twitter Blue subscription service. Musk is now Twitter’s biggest shareholder. He recently joined the social media giant’s board of directors and promised to bring...
‘I’ve never paid with crypto before’: How digital assets make a difference amid a war
9.4.2022
For many Ukrainians and Russians, digital assets have become the means to support themselves and their loved ones during the crisis
60 Minutes feature on El Salvador's Bitcoin Beach will air Sunday
8.4.2022
Sharyn Alfonsi, a journalist and 60 Minutes correspondent, interviewed Mike Peterson, one of the people who funded the Bitcoin Beach project and encouraged crypto adoption
Bitcoin Lags Behind Ethereum & Altcoins Despite Strike, Robinhood, and Legal Tender News
8.4.2022
The bitcoin (BTC) price lagged behind ethereum (ETH) and other major altcoins today, despite a series of bullish news announcements coming from the Bitcoin 2022 conference in Miami, USA.
At 09:50 UTC on Friday, BTC stood at USD 43,644, up just 0.6% for the past 24 hours and down 4% for the past...
Shopify Bitcoin payments integration triggers legal questions from the community
8.4.2022
Attorney Kevin Thompson thinks that the event will make regulators frustrated, leading to the creation of reporting requirements for Shopify
Surging Consumer Interest in Crypto is Accelerating eCommerce Adoption - Survey
8.4.2022
The global adoption of cryptoassets for eCommerce is gaining speed -- as 40% of 18-35-year-olds plan to pay for goods and/or services with crypto in 2022, according to a recent report released by global payments provider Checkout.com.
This figure is up from less than 30% recorded last year. ...
Crypto-Powered Ukrainian Charity Launches Debit Card for War Victims
8.4.2022
The crypto community-backed charitable venture that earlier received a USD 2.5m fund boost from the Ethereum (ETH) co-founder Vitalik Buterin has announced it has launched a charity crypto debit card that will allow Ukrainian users to access funds and humanitarian aid....
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Crypto Exchange Coinbase Launches in India — Quickly Runs Into Trouble With UPI Payment System
8.4.2022
Cryptocurrency exchange Coinbase has announced that it is launching full-scale crypto trading in India with Unified Payments Interface (UPI) support. However, moments later, the National Payments Corporation of India (NPCI), which developed UPI, stated that no crypto exchange is using the...
WeChat Pay to Offer Digital Yuan Payment Options as China’s CBDC Pilot Expands
8.4.2022
The Chinese e-pay platform WeChat Pay has unveiled a digital yuan interoperability solution that will allow users of the service to make payments in the central bank-issued token.
As reported, the central People’s Bank of China (PBoC) has recently expanded the number of cities included in...