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Dubai Court Recognizes Cryptocurrency for Salary Payments
17.8.2024
In a landmark decision, the Dubai Court of First Instance has recognized the payment of salaries in cryptocurrency under employment contracts, marking a significant shift in the United Arab Emirates (UAE)’s legal approach to digital currencies. The 2024 ruling, case number 1739 of 2024...
EU Merchants Accept Ripple Payments; Buy Gold & More With XRP
17.8.2024
It feels like we just pulled a shiny rabbit out of the hat; various merchants in Europe accept…
Digital Payments Platform Flexa Launches Crypto Point-of-Sale Tool
16.8.2024
Flexa Components will allow retailers to accept crypto payments like USDC at the point of sale
India and Russia to Enhance Trade With Rupee-Ruble Payments
16.8.2024
India and Russia are discussing ways to enhance bilateral trade by adopting payments in their national currencies and reducing non-tariff barriers. The talks aim to facilitate rupee-ruble trade and address trade imbalances, particularly as petroleum dominates current transactions. With...
Dubai court recognizes crypto as a valid salary payment
16.8.2024
UAE lawyer Irina Heaver said the ruling shows the growing acceptance of crypto in employment contracts, recognizing the evolving nature of Web3 financial transactions
China-Russia International Trade Payments Situation Worsens: Crypto and Barter Rise as Alternatives
15.8.2024
Chinese regional banks, which were once used as bridges to process payments from Russia to China, have begun rejecting these payments for fear of secondary sanctions. To facilitate these transactions, cryptocurrency and even barter schemes have emerged as options to continue trading outside...
USDC to embrace tap-and-go payments after Apple opens up NFC
15.8.2024
United States stablecoin giant Circle says tap to pay functionally for USDC will be coming “soon” to iPhones
MetaMask Launches pilot self-custody debit card with Mastercard
14.8.2024
More than one billion individuals remain unbanked or without adequate access to banking services, according to 2022 data from the World Bank
Metamask Partners With Mastercard to Launch Crypto-Backed Debit Card in Europe
14.8.2024
Metamask has teamed up with Mastercard and Baanx to launch a debit card that lets users spend their crypto assets directly from their self-custody wallets. Consensys, the firm behind the project, views this new card as a pivotal step in weaving digital currencies into everyday life. Mastercard...
Revolut and Ledger wallet enable new crypto rails in EEA
14.8.2024
Ledger, a major hardware wallet company, has partnered with Revolut to enable crypto trading on its self-custodial wallets in certain EEA countries
MetaMask Starts Rollout of Blockchain-Based Debit Card Developed With Mastercard, Baanx
14.8.2024
The new offering will allow MetaMask users to purchase directly from their self-custodial crypto wallet
DBS Bank launches blockchain-powered treasury tokens pilot
13.8.2024
The pilot introduces DBS Treasury Tokens on a permissioned, EVM-compatible blockchain, enhancing corporate liquidity management across multiple markets
DBS Bank launches blockchain-powered treasury tokens pilot
13.8.2024
The pilot introduces DBS Treasury Tokens on a permissioned, EVM-compatible blockchain, enhancing corporate liquidity management across multiple markets
Tether Partners With Crypto Firm to Boost Blockchain Education in South Africa
11.8.2024
Stablecoin issuer Tether Holdings Ltd. recently announced a partnership with a crypto payments provider to advance blockchain education in South Africa. The collaboration aims to both demonstrate the benefits of stablecoin payments and build trust in digital financial solutions. Building Trust...
Kyrgyz Republic proposes digital som legislation, CBDC launch by 2027
9.8.2024
The small Central Asian country is currently taking public comments on its framework legislation
Ripple Starts Beta Testing of USD-Pegged Stablecoin on XRP Ledger and Ethereum
9.8.2024
Ripple Labs has initiated beta testing for ripple usd (RLUSD), a stablecoin pegged to the U.S. dollar, on both the XRP Ledger and Ethereum mainnets. The stablecoin is currently not available for public trading as it awaits regulatory approval. Ripple’s USD-Backed Stablecoin Enters Beta Phase...
Bitrace warns of new crypto scam using QR codes
8.8.2024
The scam starts with a small payment of Tether (USDT) to the user
Bitrace warns of new crypto scam using QR codes
8.8.2024
The scam starts with a small payment of USDT to the user
US crypto firm BitGo wins payment license in Singapore
8.8.2024
Before receiving the license, BitGo served users in Singapore and APAC, but the offering included only custody services from the US South Dakota Trust and hot wallets
US crypto firm BitGo wins payment license in Singapore
8.8.2024
Before receiving the license, BitGo served users in Singapore and APAC, but the offering included only custody services from the US South Dakota Trust and hot wallets