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Treasury Says Crypto Reduces Efficacy of US Sanctions, Seeks More Funding


The U.S. Department of the Treasury says that the growing use of crypto assets challenges the efficacy of American sanctions. “We are mindful of the risk that, if left unchecked, these digital assets and payments systems could harm the efficacy of our sanctions,” the Treasury...

Facebook’s Novi Launches Pilot Program in Guatemala and US Using Pax Dollar


Novi, Facebook’s digital wallet, will launch a pilot program to test the functionality of the service in two countries: Guatemala and the U.S. The test will allow Novi to test all of its main functions and to evaluate what things need to be improved before launch. Novi will use pax dollars...

Survey: 14% of Americans Want Crypto Rewards for Using Their Credit Cards


During the last few years, prepaid cards that offer cryptocurrency rewards have grown popular and a number of digital asset payment cards offer these types of rewards. This means instead of accruing frequent flyer miles or points, consumers get rewarded in crypto assets every time they make...

Payments Giant Visa Launches NFT Program to Support Digital Artists 


Visa, one of the leading credit and payments companies, has announced the creation of a program that will allow artists to understand how they can use new technologies like NFTs. According to Visa, NFTs have the potential of evening out the field for artists, allowing them to close the gap between...

Almost 1 in 2 Respondents Plan Use Crypto For Payments In 2 Years - Survey


Cryptocurrency payments represent one out of four important emerging payment methods, and 45% of surveyed customers plan to use it when making non-cash transactions within the next 2 years, a new report from the IT consulting firm Capgemini showed.... Read More: Almost 1 in 2 Respondents Plan...

Moscow Not Planning to Ban Russians From Buying Crypto Abroad


Russia is not going to follow China’s course and does not plan to ban its citizens from purchasing cryptocurrency on foreign exchanges, a high-ranking government official has indicated. Russians will not be able to pay with digital coins in their own country but are free to use crypto...

Millions of Wix Merchants Can Now Accept 12 Different Cryptocurrencies


On Tuesday, the Atlanta-based cryptocurrency payments company Bitpay announced the Israeli software company Wix has enabled its Software as a service (SaaS) e-commerce product to accept crypto-asset payments. The integration will allow Wix merchants to accept 12 different cryptocurrencies such...

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