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Japan Pushes Cashless Agenda by Rewarding Non-Cash Payments After Tax Hike


Japan’s recent October sales tax increase took the rate from 8% to 10%, the previous such hike occurring in April of 2014, when the rate was raised from 5%. The increase is accompanied this time around by new government policy which rewards cashless payments by allowing merchants to provide...

Pornhub Suggests Crypto Payments After Paypal Censors Model Payouts


On November 14, the leading adult video sharing site on the internet, Pornhub, revealed that payment processor Paypal has blocked the company’s live performer payouts. In a blog post written on Thursday, Pornhub recommended alternative payments like writing a check or using the digital...

Ohio Crypto Program Hits a Snag, Attorney General Finds It Illegal


The Attorney General of the U.S. state of Ohio has assessed the state’s crypto program and concluded that it is a legal violation of state law. The state’s former treasurer skirted the law to launch a website that allowed 23 types of tax payments in cryptocurrency ahead of other states....

Developer Demos Smart Card That Produces Bitcoin Cash Signatures


Software engineer Tobias Ruck has revealed a project he’s been working on that allows a smart card to produce valid BCH signatures. Ruck tweeted about his experiment to the crypto community and Bitcoin Cash proponents showed their excitement about the future of offline payments. Also read:...

Ingenico Teams Up With Pundi X to Enable Crypto Payments Worldwide


Ingenico Group, which provides seamless solutions for in-store, online, and mobile commercial transactions, will run blockchain-based Fintech Pundi X’s software XPOS on its POS (Point of Sale) APOS A8 devices; to enable payments in cryptocurrency. Following these partnership merchants across...

Singapore & JPMorgan Create Forex Payments Blockchain Solution


The Singaporean central bank says it has developed a blockchain-powered prototype for foreign exchange payments – and wants other central banks to follow suit. The Monetary Authority of Singapore (MAS) stated, in a press release, that its new solution was developed in conjunction with JPMorgan...

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