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Dubai Police to Release Second Collection of NFTs — Nearly 23 Million Show Interest in First Collection
27.7.2022
Months after rolling out its first collection of non-fungible tokens (NFTs), the Dubai Police has said it will launch the next collection at the 2022 edition of The Gulf Information Technology Expo (GITEX). People from outside the country will also get a chance to own the next Dubai Police...
Metaverse Domains Are Trending as Minting Goes Live on Quik․com
5.7.2022
Quik.com, a portal to the web3-optimized metaverse, is bringing firsthand knowledge of the .metaverse, .vr, .web3, and many other top-level domains to the web3 race. These domains on Quik.com are minted on blockchain technology and are featured to be stored as an asset in the user’s digital...
Meta Ending Crypto Project Novi After Mark Zuckerberg Unveiled Metaverse Digital Wallet
3.7.2022
Meta Platforms, formerly Facebook, has announced the end of its crypto project Novi. Users are advised to withdraw funds as soon as possible. The announcement followed the introduction of a digital wallet for the metaverse, announced by Meta CEO Mark Zuckerberg. Crypto Project Novi Ending Facebook...
Argentinian Tax Agency Ramps Up Digital Wallet Seizures
1.7.2022
The Argentinian Tax Agency, the AFIP, has ramped up the seizures of digital wallets of taxpayers in the country. The institution managed to seize more than 1,200 digital wallets of taxpayers that had debts and didn’t have a bank account, or other properties available to be collected by...
Mercado Pago Extends Its Cryptocurrency Services in Brazil
29.6.2022
Mercado Pago, the digital payments company related to Mercadolibre, has recently announced the extension of the crypto services that it provides to users in Brazil. The company revealed it will now allow customers to deposit their own cryptocurrencies through third-party services and wallets into...
Meta Launches Meta Pay, a Metaverse Dedicated Digital Wallet
27.6.2022
Meta, the metaverse-based platform, has announced the launch of a new wallet directed to support value interaction in the metaverse. Meta Pay, a rebrand of the former Facebook Pay service, will keep fulfilling the same functions that Facebook Pay did in the past, but will be developed as...
eBay to Launch ‘Digital Wallet’, Teases 'Fractionalization'
11.3.2022
The e-commerce heavyweight eBay has claimed that it is exploring the option of adding “new forms of payment” and will launch a digital wallet in the second quarter of the financial year – but has stopped short of announcing any crypto pay-related developments. Meanwhile, the company also made...
eBay Teases 'Digital Wallet' in Investor Presentation as Crypto Rumors Swirl
10.3.2022
Company CEO Jamie Iannone recently said eBay is studying crypto as a form of payment
Argentinian Tax Authority Will Be Able to Confiscate Digital Wallets to Collect Tax Debts
12.2.2022
The Argentinian Tax Authority (AFIP) will now be able to confiscate the assets that taxpayers have in digital wallets if they have debts with the organization. The recommendation for attorneys of this institution to include these digital accounts was made last year, but the execution of debt...
Samsung Unveils New Digital Wallet with ‘Crypto’ and Digital Documentation Capabilities
10.2.2022
The electronics giant Samsung’s latest flagship smartphone will have a new wallet function that will allow users to store digital documents – and, reportedly, crypto.
The device, named the Galaxy S22 Ultra, will be able to store ID documentation, including student IDs, driver’s licenses,...
Crypto Asset Manager Wisdomtree Reveals ‘Direct-to-Retail’ Digital Wallet
1.2.2022
The crypto asset and exchange-traded fund (ETF) manager Wisdomtree has revealed the company is launching a new digital wallet called Wisdomtree Prime, which will allow users to hold crypto assets, blockchain-enabled funds, tokenized versions of commodities like gold, and access to stocks or bonds...
IMF Tells El Salvador: Costs of Making Bitcoin Legal Tender Exceed Potential Benefits
30.1.2022
The International Monetary Fund (IMF) has told El Salvador that the costs of implementing the country’s Bitcoin law, which makes the cryptocurrency legal tender, exceed the potential benefits. The IMF has also urged El Salvador to dissolve the “Fidebitcoin” trust fund and start...
Fighting for Web 3.0: Digital wallet wars are the new browser wars
23.12.2021
The same way the browser became the window into the early internet, digital wallets are becoming the interface for the decentralized internet, or Web 3.0
China’s Digital Currency Used in Transactions Worth $10 Billion, 140 Million People Have Digital Yuan Wallets
7.11.2021
China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10 billion, according to an official with the Chinese central bank, the People’s Bank of China (PBOC). In addition, the government digital wallet has been downloaded by about...
Facebook’s Novi Launches Pilot Program in Guatemala and US Using Pax Dollar
20.10.2021
Novi, Facebook’s digital wallet, will launch a pilot program to test the functionality of the service in two countries: Guatemala and the U.S. The test will allow Novi to test all of its main functions and to evaluate what things need to be improved before launch. Novi will use pax dollars...
‘Buy now pay later’ firm Zip plans to offer crypto trading in Australia and the US
23.7.2021
“We know our younger generation of customers seek additional products and services that are relevant to them,” said Zip co-founder Peter Gray
Major Auction House Christie’s Accepts Bitcoin for Painting Worth Estimated $6 Million
26.6.2021
British auction house Christie’s will accept bitcoin and ether for a painting worth an estimated $6 million. The digital wallet used to pay for the painting must be held at one of the approved custodians, such as Coinbase, Fidelity, Gemini, or Paxos. Paying for Paintings With Bitcoin...
European Union to Release Digital Wallet for Payments Next Year
3.6.2021
The European Union (EU) will launch a digital wallet allowing citizens of any country in the bloc to make payments and access services provided by each state, also allowing for the storage of digital ID information. The wallet, which will reportedly be launched next year, could be tied in with...
Starbucks Customers Can Now Pay With Bitcoin via Bakkt’s Digital Wallet App
5.4.2021
Starbucks customers can now pay for items with bitcoin by leveraging the Bakkt digital wallet application. Bakkt’s CEO, Gavin Michael explained that 500,000 users participated in testing before the launch, as the company says it looks forward to expanding crypto assets to everyone. You...
Skrill Continues Its American Crypto Market Expansion by Partnering Up With Coinbase
26.3.2021
By embedding Coinbase-powered solutions in its platform, Skrill adds 11 more American states to its service list, enabling more users to buy and sell cryptocurrencies easily. Integration Opens Doors for Paysafe’s Skrill Users to Instantly Buy and Sell Cryptocurrencies In another strategic...