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Britain Announces Plans for ‘Robust’ Crypto Rules, Launches Consultation


The U.K. has unveiled “ambitious plans” to “robustly regulate” various crypto activities, while seeking to protect customers and grow its economy. In the next three months, British authorities will accept public feedback on the new regulatory proposals designed to govern digital assets like...

Changsha, China: 300,000 of Our Merchants Accept Digital Yuan


Over 300,000 stores and vendors in Changsha, China, now accept digital yuan payment – as the central bank digital currency continues to break new ground in the country.... Read More: Changsha, China: 300,000 of Our Merchants Accept Digital Yuan

Spanish Airline Vueling to Accept Cryptocurrency as Means of Payment


Vueling, a low-cost Spanish airline, has announced it is exploring the functionality of blockchain and NFT (non-fungible token) technology to accept cryptocurrency as a means of payment for its services. The company enlisted the aid of Criptan, a registered Spanish cryptocurrency exchange, and aims...

Bahrain Telecom Operator Starts Accepting Crypto Payments


Stc Bahrain, a subsidiary of the Bahrain telecoms operator Stc Group, recently said its partnership arrangement with payment service provider Eazy Financial Services has created an opening that allows clients to pay bills using crypto. According to a statement, the telecom operator’s move...

Russian IT Firms Lobby for Crypto Payments in Software Exports


Companies developing software solutions for foreign customers are urging Russian authorities to allow them to accept crypto payments. The proposal is part of a package of measures aimed at supporting IT exports suggested by an industry organization to the executive power in Moscow. IT Businesses...

South Africa Retailer Pick n Pay Now Accepts Payment in Bitcoin at 39 Outlets


Pick n Pay, the South African retailer, has revealed that some of its grocery stores are now accepting bitcoin payments. To ensure payments are affordable, Pick n Pay reportedly uses the Bitcoin Lightning Network which is said to be suitable for “high volume, low-value transactions.”...

Brazilian City of Curitiba Mulls Crypto Acceptance for Tax Payments


The city of Curitiba, in Brazil, is now studying the possibility of accepting cryptocurrency payments for taxes. Noemia Rocha, a city councilor for Curitiba, presented this project to the executive to study the method by which the municipality could accept cryptocurrencies for these payments using...

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