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PlayStation Has To Pay Back Some Loot Boxes After Court Ruling
17.5.2023
Over the past few years EA’s FIFA series has been the target of multiple investigations and government hearings across Europe, with some countries concerned that the game’s flagship Ultimate Team mode is basically gambling, and others convinced that it is and taking action.Read more
Visa Card holders at Crypto.com can now use Google Pay in Brazil
12.5.2023
Google Pay assists users in seeking a convenient way to execute a financial transaction. While its advanced mechanism is based on the country of operation, the basic functionality is more or less the same. Meaning, no matter the region, customers using Google Pay can make payments using the mobile...
Argentine Coffee Shop Reveals x10 Rise in Crypto Pay in Past Year – Is Adoption on the Rise?
11.5.2023
An Argentinian coffee shop has announced a x10 rise in crypto-paying customers in the past year – and says it plans to open a branch in Chile.
Per Criptonoticias, the shop is named CrypStation, and has two branches in the capital, Buenos Aires.
In the past 12 months, the shop stated, over 10%...
President Raisi Calls on Central Bank of Iran to Ditch US Dollar in Trade, Shift to National Currencies
9.5.2023
Iranian president Ebrahim Raisi has called on the Central Bank of Iran to lay the groundwork necessary to ditch the U.S. dollar for bilateral trade settlements and to make the switch to use the Iranian real whenever possible. The Central Bank of Iran has already started implementing this policy...
Stranger Things, Marvel Movie Halted Because Hollywood Won't Pay Its Writers
8.5.2023
As the writer’s strike enters its second week, the effects of not having some of most important people on set around are already starting to show: two of the biggest projects currently in production—Marvel’s Blade reboot and the fifth season of Stranger Things—have been put on ice (along with loads...
Texas House Advances Gold-Backed Digital Currency Bill
6.5.2023
Texas has taken its first steps in order to approve a bill that would issue a 100% gold-backed digital currency. If enacted as law, the bill, which is being discussed by a Texas House committee, would create an electronic system for users to transact and pay with this digital currency and would...
Fed Chair Warns of ‘Uncertain and Adverse’ Consequences of US Debt Default — ‘We’d Be in Uncharted Territory’
6.5.2023
Federal Reserve Chairman Jerome Powell has warned of “highly uncertain and adverse” economic consequences if the U.S. defaults on its debt obligations. “No one should assume that the Fed can protect the economy from the potential short and long-term effects of a failure to pay our bills...
Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector
6.5.2023
The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in the country. The news comes amid growing regulatory pressure that is limiting the industry’s access to low-cost energy while increasing its tax burden. Miners Face Higher...
White House Pushes DAME Tax Proposal to Address Alleged Environmental Costs of Crypto Mining
3.5.2023
On May 2, 2023, the Biden administration unveiled a blog post outlining the Digital Asset Mining Energy (DAME) tax, featured in the president’s comprehensive 182-page budget proposal for the fiscal year 2024. The DAME tax targets “making crypto miners pay for the costs they impose...
Iran Sets Up Platform to Facilitate Crypto Payments for Imports
3.5.2023
Authorities in Iran are taking steps to make crypto payments easier for companies importing goods in the sanctioned country. A dedicated platform has been established to allow local businesses to transfer cryptocurrency for the purpose of cross-border settlements. Iran to Use Cryptocurrencies...
Russia Monitoring US Economy Amid Possible Default, Says Official
3.5.2023
Russia is closely monitoring the U.S. economy amid discussions of the U.S. government defaulting on its debt obligations. Treasury Secretary Janet Yellen said the Treasury will be unable to pay the government’s bills if Congress does not act by June 1. Russia Monitoring US Economy in Case of Debt...
Today in Crypto: Poloniex to Pay $7.6M in Settlement with US Authority, Complaint Alleges Coinbase Violated Illinois' Biometric Information Privacy Act, 3AC-founders’ OPNX Reprimanded by Dubai Regulator
2.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Poloniex to Pay $7.6M in Settlement with US Authority, Complaint Alleges Coinbase Violated Illinois'...
Treasury Secretary Yellen Warns US Could Default on Its Debt by June 1
2.5.2023
U.S. Treasury Secretary Janet Yellen has warned that the Treasury will not be able to pay all of the government’s debt “as early as June 1, if Congress does not raise or suspend the debt limit before that time.” Yellen also cautioned that the U.S. defaulting on its debt obligations...
US Court Orders Operator of South African Bitcoin Ponzi Scheme to Pay Over $3.4 Billion
2.5.2023
Johann Steynberg, the founder and CEO of Mirror Trading International, has been ordered to pay over $1.73 billion in restitution to victims of his bitcoin ponzi scheme. The court has also ordered Steynberg to pay a civil monetary penalty of a similar amount. The Commodity Futures Trading Commission...
Poloniex will pay $7.6M settlement to US authorities for 'apparent violations' of sanctions
1.5.2023
OFAC said Poloniex allowed users in Crimea, Cuba, Iran, Sudan, and Syria to conduct digital asset trades, deposits, and withdrawals between January 2014 and November 2019
Alchemy Pay: Bridging the Global Economies of Fiat and Cryptocurrencies
26.4.2023
On April 20th, The European Parliament approved the first comprehensive crypto regulation EU-wide, the Markets in Crypto-Assets (MiCA). In the same day, a separate law, the Transfer of Funds regulation, was passed, requiring crypto operators to confirm the identity of their customers in order...
China Pushes Digital Yuan for Wage Payments in Changshu
25.4.2023
Changshu, a city in China with more than 1.5 million inhabitants, will pay public workers’ wages with the Chinese central bank digital currency (CBDC), the digital yuan. The move marks an acceleration of the adoption plans that Beijing has for the digital currency, which has been included...
Who on Crypto Twitter chose not to pay for a blue checkmark?
24.4.2023
Adam Back, Roger Ver, Brad Garlinghouse, and Andreas Antonopoulos were among those not showing a blue checkmark on their Twitter accounts after legacy verification was sunsetted
Today in Crypto: Standard Chartered Says BTC Could Hit $100K by 2025, Bank of Korea Allowed to Investigate Crypto Business Operators, US Judge Orders Hydrogen to Pay $2.8M in Penalties
24.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Standard Chartered Says BTC Could Hit $100K by 2025, Bank of Korea Allowed to Investigate Crypto Business...
China City to Pay Salaries ‘100%’ in Digital Yuan – Is CBDC Adoption Accelerating?
24.4.2023
A Chinese city wants to pull of a world’s first – by becoming the first city to pay its employees entirely in a central bank digital currency (CBDC).
The move would be a massive breakthrough for the central People’s Bank of China (PBoC) and its digital yuan token....
Read More: China City to...