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Report: Colonial Pipeline Paid $5M Worth in Crypto to Ransomware Gang, Restarts Services
14.5.2021
The global oil market was shaken by news from the United States as a ransomware attack hit the largest oil infrastructure operation in the country. A recent report claims hackers asked Colonial Pipeline to pay for an undisclosed amount in ransom to unlock the firm’s system – a demand...
IRS will seize your crypto if you can't pay back taxes
12.5.2021
If you’re a cryptocurrency holder with past-due tax debts, your provable holdings may be confiscated by the IRS if you don’t pay back what you owe
South Korea to Impose a 20% Tax on Crypto Mining Activities
8.5.2021
The cryptocurrency industry in South Korea keeps facing regulatory challenges, and it seems that dust is far from settling. Now, crypto miners will be required to pay taxes, following the same path as digital assets traders. Ruling to Take Place Starting 2022 According to a report published...
Mercado Libre Embraces Bitcoin Pay – Which its CEO Wrote Off Last Year
6.5.2021
Mercado Libre, an Argentinian, Nasdaq-listed e-commerce giant, became the latest firm to embrace crypto pay last week. But its CEO appears to have had a rather dramatic change of heart on the matter – as he was publicly bashing bitcoin (BTC)’s payment credentials less than 12 months ago.
To call...
CS:GO Players Can Now Pay A Buck A Month To Access Better Statistics
5.5.2021
Why use free Counter-Strike: Global Offensive stat tracking websites like csgostats.gg or Leetify when you can now pay a $.99 monthly subscription fee for Valve’s official and less comprehensive CS:GO 360 Stats service? Because they’re free and more comprehensive? Ah. Read 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...
Spanish Healthcare Group to Accept Cryptocurrency Payments, Citing Interest in ‘Bitcoin Revolution’
4.5.2021
Cryptocurrency regulation is still an ongoing topic for the Spanish government and regulators, with some not too friendly measures against crypto ads or enhancing tax rules. However, adoption is on the rise in different industries, and the healthcare sector is joining the frenzy. Patients Could...
Fed’s Vice Chair for Supervision Calls on Bank Regulators to Pay More Attention to Cryptocurrency
4.5.2021
The Federal Reserve’s top supervisory official has called on bank regulators to pay more attention to cryptocurrencies and stablecoins. His comments followed a number of major banks announcing that they will be offering products based on cryptocurrencies, particularly bitcoin, to their...
Jobchain Optimizes Job Search and Salary Payment With Cryptocurrency
29.4.2021
Famous Spain-based project Jobchain has developed an intuitive blockchain solution that allows employers to search for talents and pay employees with cryptocurrency, thus saving valuable time. And some of the major enterprises have already experienced the practice’s benefits in real-world...
Activision Blizzard CEO Bobby Kotick Halves Pay, Still Rich
29.4.2021
Activision Blizzard CEO Bobby Kotick is voluntarily halving his salary, as well as his target annual bonus. But in case you were worried, he’s still making a ton of money.Read more
[článek] Digitální Yuan ukazuje první zoubky. Míří i proti službám jako Alipay či WeChat Pay
28.4.2021
[7 minut čtení] V Šanghaji, centru čínského obchodu, tento měsíc šest velkých státních bank v rámci obřího nákupního Festivalu 5. května v tichosti spustilo velkou kampaň za používání digitálního jüanu. Začněme pro pořádek rychlou rekapitulací. Čínská lidová banka, která v zemi plní roli centrální...
Iran's central bank says officially mined crypto can be used to pay for imports
27.4.2021
A developing strategy to mitigate the crippling effect of economic sanctions could see cryptocurrencies being used by Iranian firms to pay for imports such as raw materials and electronics
Iran Authorizes Banks and Currency Exchangers to Use Cryptocurrencies to Pay for Imports
27.4.2021
The Central Bank of Iran has authorized banks and currency exchangers to use cryptocurrencies mined by licensed crypto miners in the country to pay for imports. Meanwhile, a bill is being drafted to provide regulatory clarity regarding crypto-related activities. Using Cryptocurrencies to Pay...
Gemini users can now buy Bitcoin with Apple Pay and Google Pay
23.4.2021
Gemini crypto exchange has integrated deposits via Apple Pay and Google Pay to simplify crypto purchases
Gemini Added Support for Apple Pay and Google Pay
23.4.2021
In a promising development that will help crypto-assets extend their reach among the masses, Gemini has announced that its users across the globe can now buy cryptocurrencies using Apple Pay and Google Pay. Both payment methods are now live on the Gemini app, which means users of the app can...
Coinbase hires former Google Pay exec to lead India operations
22.4.2021
Coinbase has started hiring in India despite rumors of an impending ban on crypto in the country
Softbank-Backed Wework Adopts Crypto as Form of Payment and Holds in Balance Sheet
21.4.2021
Global space provider Wework has announced that it will now accept payment in select cryptocurrencies. The company has partnered with Bitpay and Coinbase for inbound and outbound transactions. In addition, the Softbank-backed company says it will also hold the currency on its balance sheet. Wework...
Kenyan Fintech Startup to Use Stablecoins to Transfer Universal Basic Income Payments to African Refugees
17.4.2021
Kotani Pay, a Kenya based digital currency on and off-ramp service provider, has entered into an agreement wherein it will enable the transfer of universal basic income (UBI) payments to African refugees. Working in conjunction with the Refugee Integration Organisation (RIO) and Impact Market,...
Miami-Dade Officials Hope to Launch a Crypto Task Force, Residents Could Pay Taxes in Bitcoin Soon
17.4.2021
Back in mid-February, Bitcoin.com News reported on Miami’s Mayor Francis Suarez supporting the idea of the city holding bitcoin in the treasury and allowing tax payments in bitcoin as well. On April 15, 2021, reports show that the city may introduce the tax payments concept soon, as...
Miami-Dade Residents Might Be Able Pay Taxes With Crypto
16.4.2021
A new proposal by Danielle Cohen Higgins, County Commissioner of District 8 from the Miami-Dade county in Florida, US, calls for the establishment of a task force to look into the possibility of enabling residents to pay their taxes in cryptocurrency.
Should the proposal go through, local...