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Today in Crypto: Xapo Integrates USDT Payment Rails, Police Reportedly Detains Trust Reserve Core Team, Reserve Bank of India Deputy Governor Recommends All Banks Adopt Blockchain & AI
31.5.2023
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: Xapo Integrates USDT Payment Rails, Police Reportedly Detains Trust Reserve Core Team, Reserve Bank...
Russia Actively Shifting to Settlements in National Currencies, US Dollar Share Declining, Says Foreign Minister
31.5.2023
Russia is actively shifting to settlements in national currencies with its partners, Foreign Minister Sergey Lavrov has affirmed. He expects the transition away from the U.S. dollar to only gain momentum. “This is true not only for Africa, but also for Latin America, our Asian friends, as well...
Web3 Payments Firm Transak Raises $20M
30.5.2023
The startup offers on- and off-ramps that could make it easier for new users to interact with Web3 projects
Binance Australia Users Selling Bitcoin at Discount Ahead of AUD Withdrawals Halt
30.5.2023
Customers of Binance Australia were trading bitcoin and other cryptocurrencies at lower prices than those on other platforms on Tuesday. The discount is apparently due to a popular Australian payment service preparing to cut off the crypto exchange from withdrawals in local currency. Bitcoin...
Today in Crypto: Key App Reveals Bridge Connecting Solana & Ethereum, ECB Publishes Two Reports on Digital Euro, Russia Abandons National Crypto Exchange Plans, CoinEx Launches BitHK
30.5.2023
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: Key App Reveals Bridge Connecting Solana & Ethereum, ECB Publishes Two Reports on Digital Euro, Russia...
Bali Government Cracks Down on Crypto Payments by Foreign Tourists
30.5.2023
The government of Bali, Indonesia, is cracking down on the use of cryptocurrency as a means of payment by foreign tourists. “Strict actions range from deportation, administrative sanctions, criminal penalties, closure of business premises, and other tough sanctions,” said the governor...
Russia to Enact Laws to Regulate Crypto Exchange Action; Profiles Use of Cryptocurrency to Bypass Sanctions
30.5.2023
The government of Russia is preparing to regulate the establishment and action of crypto exchanges, abandoning its earlier proposal of the creation of a unique national platform. Anatoly Aksakov, head of the Russian State Duma Financial Markets Committee, stated that crypto exchanges could help...
Ethereum Transaction Volume Rivals Visa As Blockchain Transactions Soar
29.5.2023
Ethereum may be far younger than the traditional payments giants, such as Visa, but it has shown (yet again) that blockchain, in a single decade, developed into a force to be reckoned with. ...
Read More: Ethereum Transaction Volume Rivals Visa As Blockchain Transactions Soar
Tourists are unhappy with crypto payments ban in Bali
29.5.2023
The community expressed a range of opinions, with some individuals stating that the ban is reasonable, while others went as far as reconsidering their vacation plans
‘Dealt with firmly’ — Bali governor issues warning to tourists using crypto
29.5.2023
Cryptocurrency trading is legal in Indonesia, but the use of crypto in payments carries hefty penalties including jail time
EAEU Official Urges BRICS and SCO for Joint Use of Digital Currencies, New Payment Card
27.5.2023
Three integration unions with Russian participation, BRICS, SCO, and the EAEU, should adopt joint policies on the use of digital currencies, according to a top representative of one of them. He also believes the international organizations should develop a new payment system with its own bank...
Mastercard's Chief Says Blockchain Can Bring Much More Value to Financial Services
25.5.2023
Payment giant Mastercard finds that crypto and blockchain are useful and can bring much more value to financial industries as a whole, but only when they tackle the security and ease of use issues in order to build trust.
Raj Dhamodharan, Mastercard’s EVP and head of crypto and blockchain, spoke...
Russia and China Carry Out Most Settlements in Yuan and Ruble, Russian PM Mikhail Mishustin Says
24.5.2023
The larger portion of payments between Russia and China are now processed using the currencies of the two countries, Prime Minister Mikhail Mishustin revealed. Moscow and Beijing intend to increase mutual trade beyond the $200-billion target this year, added the head of the Russian government....
Bitcoin Payments Firm Strike’s Headquarters to Stay in U.S., Despite New El Salvador Office
24.5.2023
The company established a headquarters in El Salvador for its global entity as it expanded its app to more than 65 countries last week
Bitcoin Payments Firm Strike’s Headquarters to Stay in U.S., Despite New El Salvador Office
24.5.2023
The company established a headquarters in El Salvador for its global entity as it expanded its app to more than 65 countries last week
Chinese Companies Selling Fentanyl Received More Than $27 Million In Crypto Payments: Report
24.5.2023
Chinese chemical producers selling fentanyl ingredients have received more than $27 million in crypto payments.
According to a new report by blockchain analytics firm Elliptic, approximately 90% of Chinese pharmaceutical chemical companies supplying fentanyl precursors accept cryptocurrencies like...
Putin Wants Limit on Currency Purchases for Russians Dealing With Foreigners
24.5.2023
Russian citizens and firms doing business abroad may soon be restricted in the amount of foreign currency they are allowed to acquire, on order from Vladimir Putin. Russia’s head of state now wants his government to cap such purchases on the domestic forex market. President Putin Orders Russian...
Payments Innovation Summit 2023 defines the PayTech future in India
23.5.2023
The COVID Impact redefined how we conducted business worldwide, and more so in a nation of 1.4 billion people, India. With unprecedented disruption across industries, Fintech, especially Payment technologies, hasn’t been far behind. This being said, India is positioned for further growth in...
GoCrypto’s Cutting-Edge NFT Store: Smart Contracts and Decentralized Payments
23.5.2023
PRESS RELEASE. [Ljubljana, May 23rd, 2023] – GoCrypto, the trailblazer in blockchain technology, is proud to unveil its groundbreaking GoCrypto NFT Store, a revolutionary platform that harnesses the power of smart contracts to redefine ownership, creativity, and real-world rewards. Powered...
Today in Crypto: STEPN Reveals Apple Pay Integration, Huobi Ordered to Stop Operations in Malaysia, Hotbit Closes Shop, DCG Missed a $630M Payment, BXB Capital Raising Capital Exclusively in BTC
22.5.2023
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: STEPN Reveals Apple Pay Integration, Huobi Ordered to Stop Operations in Malaysia, Hotbit Closes Shop,...