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Maduro OKs Petro-to-Fiat Trades, Will Provide Stores with Crypto Pay Tech


Venezuelan president Nicolás Maduro has authorized Petro-to-fiat trading, and says his government will provide the necessary technology to all business holders in the country who want to start accepting crypto pay. Maduro stated that his move – effective as of October 23 – would allow the “three...

Belarusian Bank Gets the Go-Ahead to Service Crypto Investors


A bank in Belarus has effectively gotten the green light to process transfers related to digital assets. DFS, an affiliated company of Belveb Banking Holding’s member VEB Technologies, was recently registered as a resident of the High Technologies Park. The country’s special economic...

Ripple's Strategy: Push XRP by Investing in Crypto Wallet Tech


Brad Garlinghouse. Source: a video screenshot, Youtube, Bloomberg This October alone, Ripple, a California-based crypto startup focusing on payment technologies, made three crypto wallet related steps that might help its native token, XRP to reach a wider audience. The most recent announcement...

U.S. Warns Visa, Mastercard to ‘Proceed With Caution’ Regarding Libra


In the wake of Paypal’s very public exit from the Libra project, U.S. lawmakers are now pressuring Stripe, Visa and Mastercard to rethink their membership of the Libra Association as well. On October 8, three letters from two U.S. senators urged the tech and finance giants to “carefully...

Here’s How Belarus Pressures Russia to Legalize Cryptocurrencies


Relations between Belarus and Russia have always been quite complicated. The union the two close allies created has faced all kinds of challenges over its 20 plus years of existence. Now cryptocurrency is becoming a new apple of discord, as Minsk has taken a relatively friendly approach...

Paypal Exits Libra – Mastercard and Visa May Follow


Facebook’s ambitious financial inclusion project, Libra, continues marching forward in spite of mountainous regulatory obstacles, but key members of the Libra Association are having doubts and dropping out. Paypal has now reportedly left the group due to regulatory concerns. Libra...

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