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IMF eyes tens of billions in crypto asset taxes, has few suggestions for collecting them
5.7.2023
Income tax, property tax, VAT, corrective taxation — there is a tax goldmine out there for governments, but they will have to think hard about accessing it
Elon, You Don’t Need Crypto to Do Twitter Payments
5.7.2023
If Musk wants to build an instant cross-border network, he'll find central bank real-time systems have moved on quite a bit since his days at PayPal, says J.P. Koning
Today in Crypto: NFT Royalties Reach Lowest Point in Two Years, Two Teens Arrested for BTC and ETH Scam, India and 18 Central Banks Discuss Using Digital Rupee for Cross-Border Payments
5.7.2023
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: NFT Royalties Reach Lowest Point in Two Years, Two Teens Arrested for BTC and ETH Scam, India and...
India Fosters Global Cross-Border Payments For The Digital Rupee
5.7.2023
The Reserve Bank of India (RBI) is on course to expand the frontiers of its Central Bank Digital Currency (CBDC), the “digital rupee” as it negotiates with foreign countries to adopt cross-border payment systems.
The bank is currently in talks with its counterpart in at least 18 countries on ways...
Payments Platform Nuggets Working With Bank of England on Privacy Layer for Digital Pound
5.7.2023
The BofE said in February that a digital pound was likely needed, but that it will not make a decision on issuing one until at least 2025
Crypto-friendly DBS Bank launches digital yuan payment tool
5.7.2023
Crypto-friendly bank DBS has conducted the first e-CNY transaction for corporate clients, involving a catering company in Shenzhen
India negotiates cross-border CBDC payments with global central banks
5.7.2023
The CBDC should enhance the country's potential for foreign trade with nations that lack U.S. dollar reserves
Chinese City of Jinan Implements Digital Yuan Payments for Public Transportation Fares
5.7.2023
Jinan, the capital of the Chinese province of Shandong, has recently included the digital yuan as a means of payment for its public transportation system. According to local sources, digital yuan payments were implemented on July 1 in all city buses after being tested in just two bus lines. Jinan...
Researchers demonstrate ‘unconditionally secure’ quantum digital payments
4.7.2023
The research represents a possible breakthrough in quantum communications and, potentially, the onset of the era of quantum fintech
Chinese city of Jinan accepts CBDC payments for bus rides
4.7.2023
The Chinese city of Jinan is making a push for CBDC adoption by implementing digital yuan payments across its entire bus network
LBank Launches Global First Unlimited Crypto Credit Card, Breaking Boundaries in Cryptocurrency Payments
3.7.2023
PRESS RELEASE. LBank, the world-leading cryptocurrency exchange, is soon to launch the world’s first unlimited cryptocurrency credit card, aiming to break down the barriers of cryptocurrency payments. The card, available in both virtual and physical forms, allows users to make any consumer...
Latam Insights — Argentina Settles IMF Payment in Yuan; Brazilian CBDC to Be Launched in 2024
3.7.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Argentina settles part of its $44 billion debt with the International Monetary Fund (IMF) using the Chinese yuan, Central Bank of Brazil officials estimate...
Six Clovers Unveils Versal Network for Cross-Border Crypto Payments in Stablecoins and CBDCs
2.7.2023
On June 29, Six Clovers, a company founded by former PayPal business and technology leaders Jim Nguyen and Nas Kavian, introduced the Versal Network on Sui blockchain.
This decentralized global payments network aims to streamline cross-border transactions for businesses worldwide. By utilizing...
Is Fednow the First Step Towards a Central Bank Digital Currency? Speculations Rise Ahead of Launch
30.6.2023
In recent days, there has been a buzz surrounding the upcoming debut of the U.S. Federal Reserve’s Fednow project, slated for July 1, 2023. The discussions surrounding this topic have sparked speculation about whether this marks the central bank’s inaugural foray into a central bank...
Crypto mass adoption is coming, but how fast?
30.6.2023
The latest Cointelegraph Report assesses the current growth rate of global cryptocurrency usage and tries to predict when crypto will reach mass adoption
Today in Crypto: Mastercard to Start Testing Its Multi-Token Network This Summer, OKX's Liquid Marketplace Exceeds $3BN in Trading Volume, Binance’s Institutional Clients Remain Optimistic on Crypto
30.6.2023
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: Mastercard to Start Testing Its Multi-Token Network This Summer, OKX's Liquid Marketplace Exceeds $3BN...
Binance to Lose Euro Transfers as Paysafe Drops Support
30.6.2023
Paysafe will discontinue support for bank transfers of euros to and from Binance, the payments provider announced. The news comes when the world’s largest cryptocurrency exchange finds itself under pressure from regulators and banking partners in Europe and elsewhere. Paysafe to Stop Euro Deposits...
FTX Files Lawsuit Against Ex-Compliance Chief Friedberg Over Alleged 'Hush Money' Payments
29.6.2023
Defunct crypto exchange FTX’s lawyers are suing the company’s former compliance chief officer Daniel Friedberg for paying off insiders who threatened to reveal the exchange's illegal activities.
The lawsuit alleges that the former compliance chief served as a "fixer," paying "exorbitant hush...
Developer Six Clovers Rolls Out Cross-Border Crypto Payments on Sui
29.6.2023
Versal Network will allow companies to transact in stablecoins and central bank digital currencies
Bitcoin salary: Employees choose crypto paychecks amid economic instability
29.6.2023
Volatility among some fiat currencies has made stablecoins like USDC a more attractive option for payroll, according to HR executives