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Why Banks and Payment Processors Shun Perfectly Legal Businesses
25.4.2022
Porn, gambling and even furniture sales are deemed “high-risk” merchant categories. Sometimes the risk is financial; other times it’s just bad publicity
The History of Cash-Like Digital Payment Instruments
25.4.2022
How and why those original digital payments projects are no longer with us today can give us an idea of what needs to be done to do it right
GoCrypto Celebrates as Ljubljana Ranked Most Crypto-Friendly City in Europe
24.4.2022
The adoption of crypto assets among individuals and businesses has been rapidly spreading over the last few years. It is no longer uncommon to treat yourself to a delicious meal or buy yourself a new pair of sneakers and pay for it in crypto. The blockchain-based payment technology has come...
Russian tax authority proposes using crypto as a foreign trade payment tool
20.4.2022
The Ministry of Finance “partially supported” the proposition, adding that it needs further consideration
'There are already digital means of payment:' EU Commission gets 11,000 public comments on CBDC project
19.4.2022
Less than two weeks after the consultation process' start, the prevalent mood in the comments section appears quite negative
Interest in Real Estate Investments in Spain Grew 400%, With Some Using Crypto and Stocks as Payment Method
19.4.2022
Real estate investments are booming in Spain and Europe, as investors are exiting riskier investment avenues in favor of safer options. According to sources from the real estate world, the interest in these instruments has grown 400% since November, with people purchasing homes without even having...
Amazon CEO: We’re Likely Not Close to Adding Crypto as Payment in Retail Business
14.4.2022
Andy Jassy did say it was possible, however, that Amazon would sell NFTs in the future
Some Indian Payment Processors Cut Off Local Crypto Exchanges
14.4.2022
Indian Crypto Exchanges Disable UPI, Other Payment Options
14.4.2022
A number of cryptocurrency exchanges in India are disabling rupee deposits, particularly payments using the Unified Payments Interface (UPI) system. This followed a statement issued by the National Payments Corporation of India (NPCI) regarding the usage of the UPI system by crypto exchanges....
Cash App and Chivo help drive Lightning payment volume up 400%
14.4.2022
Bitcoin’s layer 2 scaling solution, the Lightning Network, has seen payment volume increase by over 400% as real adoption grows
Dozens of VIP backers invest $87M into crypto payment startup MoonPay
13.4.2022
Ashton Kutcher, Gwyneth Paltrow, Justin Bieber and Snoop Dogg are among MoonPay's strategic investors that have brought the company's valuation to $3.4 billion
Nexo Unveils Payment Card Where Users Get to Keep Their Crypto
13.4.2022
Nexo has unveiled a crypto-backed card that allows users to spend without having to sell their digital assets
Delivery App Rappi Launches Pilot Project to Accept Crypto Payments in Mexico
13.4.2022
Rappi, one of the biggest delivery companies in Latam, has launched a pilot project with the objective of accepting cryptocurrencies as a payment method. Users will be able to buy Rappi credits with cryptocurrency to spend later on various services offered by the app. This functionality will only...
Study: 54% of UAE and Saudi Arabia Survey Respondents Said Crypto Should Be Used for Payments
12.4.2022
An average of 54% of survey respondents from Saudi Arabia and the United Arab Emirates (UAE) said they believe cryptocurrency should be used as currency. Still, a significant proportion of the respective countries’ respondents believe certain obstacles are stopping cryptocurrencies from...
India’s Crypto Trading Volume Plunges Further as Mobikwik Stops Payment Service
12.4.2022
Cryptocurrency trading volumes in India have plunged further across exchanges as traders mull over the 30% crypto taxation. In addition, popular payment service provider Mobikwik has stopped service to exchanges. Crypto Trading Volume in India Plunges Further Cryptocurrency trading volume in India...
Iran Will Not Allow Crypto Payments, Prepares to Pilot Digital Rial
12.4.2022
Iran will not recognize cryptocurrencies as a means of payment, a high-ranking government official has indicated. His statement came as the Central Bank of Iran announced rules for the issuance of digital coins in the country. These are meant, however, for its own “crypto rial,”...
Coinbase suspends crypto payment services days after India launch
11.4.2022
America’s largest exchange suspended some payment services on its newly launched Indian exchange due to pressure from the local payment regulators
Elon Musk Suggests Making Dogecoin a Payment Option for Twitter Blue Service
11.4.2022
Tesla and Spacex CEO Elon Musk has suggested making the meme cryptocurrency dogecoin (DOGE) a payment option for the Twitter Blue subscription service. Musk is now Twitter’s biggest shareholder. He recently joined the social media giant’s board of directors and promised to bring...
Namibian Central Bank Announces Plan to Launch CBDC
9.4.2022
Johannes Gawaxab, the governor of the Bank of Namibia (BON), has said his organization is planning to launch a central bank digital currency (CBDC). The governor, however, warns the launch might have implications for financial stability. BON Researching CBDCs The BON governor, Johannes Gawaxab...
Shopify Bitcoin payments integration triggers legal questions from the community
8.4.2022
Attorney Kevin Thompson thinks that the event will make regulators frustrated, leading to the creation of reporting requirements for Shopify