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Venezuelans Now Can Pay for Petrol in Fiat or (State-issued) Crypto

2.6.2020
The Venezuelan government has announced that drivers can now fill their gas tanks with fuel – and pay using foreign currencies or the state-issued cryptoasset the petro (PTR). Caracas made its announcement over the weekend, and the measure became effective as of June 1, per a tweet from state-owned...

Digital Yuan Will ‘Co-exist’ with Alipay, WeChat Pay – China Telecom

29.5.2020
A China Telecom executive has hinted that the digital yuan and third-party payment apps will likely co-exist in the same financial ecosystem – although he stopped short of saying whether or not the forthcoming central bank-issued token would be interoperable with apps such as WeChat Pay...

JPMorgan to Pay $2.5 Million to Settle Lawsuit for Overcharging Crypto Fees

28.5.2020
JPMorgan Chase has reportedly agreed to pay $2.5 million to settle a crypto class-action lawsuit. Originally filed in 2018, the suit alleges that the bank overcharged customers for buying cryptocurrencies using Chase credit cards, classifying the purchases as cash advances. JPMorgan Settles...

Irish Firms Pay Blockchain Devs More than US Counterparts – Report

28.5.2020
The highest-paid blockchain developers in the world are not based in Silicon Valley, but on the Emerald Isle, per a new report – with the United States placing third, behind Northern neighbor Canada on a list of countries with the highest average hourly rates for blockchain developers. The report...

Sberbank to Roll out 5,000 Apple&Google Pay-compatible Blockchain ATMs

26.5.2020
Major banks in Russia are looking to do away with plastic card-powered personal finance – and are turning to blockchain to boost contactless transactions in the wake of the coronavirus pandemic. The banks are being led by blockchain-keen Sberbank, which has just bought around 5,000 contactless ATMs...

Gox Rising Offers $800 per Bitcoin Claim to Buy out Mt Gox Creditors

22.5.2020
Gox Rising has offered to buy out creditor claims from the collapsed cryptocurrency exchange Mt. Gox. The Brock Pierce-led outfit will pay $800 per bitcoin claim, either in BTC or cash, to creditors who are unwilling to wait for the finalization of the ongoing civil litigation. “Our payment...

Digital Yuan ‘Highly Likely’ to Be Comaptible with Alipay, WeChat Pay

20.5.2020
Experts in China and South Korea believe that China’s digital yuan will likely be interoperable with e-pay solutions like WeChat Pay and the Alibaba-operated AliPay, as well as a number of digital platforms used by major banks. The People’s Bank of China (PBoC), the Middle Kingdom’s central bank...

Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Terminals

19.5.2020
Venezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling South American country. This follows a deal between Panamanian crypto exchange Cryptobuyer and local payments processor Mega Soft to connect some...

Crypto.com Launches Pay Checkout Plugin For Over 1 Million Ecwid Users

11.5.2020
Serving the community as a robust cryptocurrency firm, Crypto.com has broadcasted the news about its latest achievement stating the launch of its highly anticipated Crypto.com Pay Checkout Plugin. The plugin has been designed to cater to the requirements of the leading e-commerce platform, Ecwid...

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