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Crypto Payment Firm Simplex Acquired by Publicly-Listed Canadian Firm Nuvei for $250 Million
8.5.2021
The publicly-listed Canadian firm Nuvei Corporation announced the acquisition of the cryptocurrency company SimplexCC Ltd in an all-cash deal for $250 million. The deal is pending regulatory approval and Nuvei expects Simplex to “enhance” the firm’s portfolio of alternative...
40% intend to use crypto for payments in the next year: Mastercard survey
5.5.2021
Millennials are big on crypto with 77% wanting to learn more
Employer Wants Cryptocurrency Back From Employee After Price Soars 700%, Offers to Pay in US Dollars Instead
5.5.2021
A company paid an employee for his work done in cryptocurrency. However, after the price of the cryptocurrency skyrocketed 700%, the employer wants the coins back, offering to pay the employee in U.S. dollars instead. Employer Wants Crypto Back After It Rose 700% Marketwatch published a letter...
eBay Still Looking at Crypto Payments, Mulls NFTs
3.5.2021
E-commerce giant eBay is still considering crypto payments and is exploring ways to get into the business of non-fungible tokens (NFTs).
Chief Executive Officer Jamie Lannone said this in a CNBC interview on Monday, Reuters reported.
However, eBay was exploring "the opportunities...
Turkey Updates Cryptocurrency Regulation Amid Payments Ban and Collapsing Exchanges
2.5.2021
The Turkish government has updated the country’s cryptocurrency regulation following the banning of cryptocurrencies for payments and failing crypto exchanges. Published in the Official Gazette on Saturday, the new rule adds crypto trading platforms to the list of entities covered...
Mass adoption looms as South America's second-largest company accepts crypto payments
29.4.2021
Mercado Libre’s move to accept cryptocurrency payments for real estate could usher in a new way of crypto mass adoption in South America
Major Venezuelan Aviation Academy Enables Bitcoin Payments as Crypto Adoption Keeps Rising in the Country
28.4.2021
A leading Venezuelan aviation academy announced its inception into cryptocurrency adoption after enabling bitcoin payments. Caracas Air is now accepting crypto payments for those who want to take any of their courses. Academy Started Its Operations in 2015 According to the announcement made by...
Two Major Hotels in Touristic Spanish City to Accept Crypto Payments in the Wake of Covid-19 Crisis
24.4.2021
Sevilla is becoming a crypto-friendly city in Spain at a fast pace, with two prominent local hotels announcing they will start accepting crypto payments. Hotel Bécquer and Hotel Kivir have joined the crypto adoption bandwagon by allowing customers to book rooms with digital assets. Hotels Will...
Another UK bank serves anti-crypto notice to customers
22.4.2021
U.K. commercial bank NatWest says it does not want to do business with clients and customers who deal in crypto
What’s Preventing Crypto Payments from Entering the Mainstream?
20.4.2021
Pavel Matveev is the Co-founder and CEO of Wirex, a blockchain-based payments platform.
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In the past few years, interest in crypto has increased dramatically as businesses and individuals begin to recognize the benefits that blockchain technology can offer. Meanwhile, with bitcoin (BTC)...
WeWork to accept crypto payments and hold them on its balance sheet
20.4.2021
The coworking firm is the latest to see crypto as a suitable asset for its corporate treasury
Crypto payments banned in Turkey — Is this just the beginning?
20.4.2021
Turkey’s vibrant ecosystem took a hit from the new crypto payments ban, and industry participants speak out on potential implications
Time Magazine to accept crypto payments for digital subscriptions
19.4.2021
Crypto.com users can buy 18-month subscriptions of Time Magazine using CRO and other cryptocurrencies
Turkey Bans Crypto Payments
16.4.2021
Turkey’s central bank banned the use of cryptoassets in payments as they entailed significant risks due to volatile market values, irrevocable transactions and are used in illegal actions, Reuters reported.
Also, the bank said that these assets were “neither subject to any regulation...
Insurance Giant AXA Allows Swiss Clients to Pay for Services With Bitcoin
15.4.2021
The French multinational insurance firm AXA is now allowing clients in Switzerland to pay for services in bitcoin. The newly added support is part of the company’s “digital future” and stems from customer demand for crypto payments. AXA Supports Bitcoin Payments In Switzerland...
200-Year-Old American Wine Shop Now Accepts Cryptocurrencies
15.4.2021
Nearly every day now a new company is announcing the acceptance of cryptocurrencies in some form or another. Now one of the world’s largest fine wine auction houses and America’s oldest wine shop Acker has revealed digital currency acceptance to pay for auction payments and retail wine...
Revealed: Top 4 user complaints about Signal's new crypto payments beta
14.4.2021
Signal has published user feedback from its beta integration with Mobilecoin, which saw users complain about the volatility and transaction fees related to MOB
Romanian university plans to accept crypto payments for admission fees
11.4.2021
The academic institution with a student body of roughly 11,000 said the addition of crypto payments was part of a plan to support local businesses like Elrond
Leading Mortgage Brokerage Ready to Accept Crypto Payments
9.4.2021
Canada’s leading mortgage brokerage company Matrix Mortgage Global has announced that it will accept payments in the form of cryptocurrencies in its latest press release on April 8. Clients can now pay for goods and services along with the Mortgage Agent Registration fee via BitPay. Matrix Mortgage...
Scottish Music School Now Supports Crypto Payments for Tuition
31.3.2021
On March 28, the Scottish school in Edinburgh called the Morningside School of Music decided to accept cryptocurrency payments for tuition. Morningside’s director Linda Boyd said the school had noticed the trend of larger firms joining the crypto economy and it’s “just a matter...