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Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions
5.5.2022
Bankoff, a platform offering virtual cards that could be topped up with cryptocurrency, has told customers its cards are no longer supported by payment systems Visa and Stripe. They allowed Russians to pay abroad after major processors restricted their services in the country. Visa and Stripe Halt...
Fintech Study Estimates 4.4 Billion Global Users Will Adopt Mobile Wallets by 2024
3.5.2022
According to a recently published study by Merchant Machine, mobile wallets are predicted to have 4.4 billion users by 2024. Merchant Machine’s findings show the global pandemic propelled the popularity of digital wallets and researchers expect the numbers to grow from 44.50% of...
Evropská komise poslala stížnost Applu. Chce otevřít iPhone pro alternativní platební služby
2.5.2022
Warren Buffett Won’t Pay $25 for All Bitcoin in the World — Charlie Munger Calls BTC ‘Stupid and Evil’
2.5.2022
Berkshire Hathaway CEO Warren Buffett says he won’t buy all the bitcoin in the world for $25. Meanwhile, his longtime business partner and right-hand man, Charlie Munger, says bitcoin is stupid and evil, noting that the cryptocurrency makes him look bad. Warren Buffett Explains Why...
Digital Yuan Now Being Used to Pay Taxes in Chinese Pilot Zones
29.4.2022
Some Chinese citizens now appear to be paying their taxes in the digital yuan, with the pilot gathering pace in the nation’s fast-growing pilot area.
Per Hangzhou.com, a number of government organs in Zhejiang province are trialing solutions that involve “the online transfer of digital yuan”...
Streamers Aren't Liking Twitch's Potential Moneymaking Idea
28.4.2022
Twitch is reportedly considering major changes to the monetization practices that streamers are upset about because the potentially lopsided percentages work out to pad Twitch’s bottom line.Read more
Dragon Age 4 QA Devs Say They're Unionizing Over Bad Pay And Covid Safety
27.4.2022
The video game industry is currently undergoing a small but unprecedented wave of developer organizing. Last week it even reached the halls of famed RPG maker BioWare, where a group of QA contractors working on Dragon Age 4 revealed their intention to unionize. The two biggest reasons why? Bad...
Buenos Aires Confirms It Plans to Allow Citizens to Pay Taxes With Cryptocurrency
26.4.2022
Horacio Larreta, the head of the government of Buenos Aires, the capital of Argentina, confirmed that the city will allow its citizens to pay some taxes with cryptocurrencies. This is part of a digitization plan that the city has named “Buenos Aires+” that seeks to simplify...
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 Body Suggests Allowing Crypto Pay in Trade Deals, Digital Ruble May Be Ready by 2023
22.4.2022
The Russian tax agency reportedly wants to allow companies involved in cross-border trade to accept crypto as a form of payment – and pay foreign exporters in cryptoassets. And the Central Bank has claimed that its digital ruble could be ready as soon as next year....
Read More: Russian Tax Body...
Chinese Man Uses Digital Yuan to Pay Court-issued Fine in Legal First
22.4.2022
Chinese media outlets have been reporting on a new first for the digital yuan – with the central bank-issued token used to pay a court-issued fine for the first time.
Per Chinaqw, on April 19, a man surnamed Wei, the plaintiff in a motor vehicle traffic accident liability dispute case, had been...
The Bahamian government hopes to allow residents to pay taxes with digital assets in 2022
21.4.2022
“We have a vision to transform The Bahamas into the leading digital assets hub in the Caribbean,” said Philip Davis, prime minister of the Bahamas
Bahamas to Allow Citizens to Pay Taxes With Digital Assets
21.4.2022
The government of Bahamas released a white paper detailing the future of its digital-asset sector and saying it will let citizens pay taxes with crypto
BitLicensed Crypto Firms Ordered to Pay Annual Assessment Fees in New York
19.4.2022
The fees will bring virtual currency companies on par with those paid by banking and insurance institutions as a way for the state to recoup operating expense costs and “best support” the industry
Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals
18.4.2022
A bitcoin ATM operator has been indicted in New York for running an illegal business “marketed towards individuals engaged in criminal activity.” The district attorney in charge described: “Robert Taylor allegedly went to great lengths to keep his bitcoin kiosk business...
NumisMe: Crypto’s First Cash Protocol – Pay With Cash and Receive Change Back Electronically
15.4.2022
PRESS RELEASE. Eugene, Oregon April 15th, 2022: If there was ever a universal truth to which we could all agree, it would be change. An unequivocal reality of the cosmos, change is constant. Despite emotions, thoughts, or actions, change is an unstoppable force for which there is no immovable...
Kazakhstan to Increase Tax for Miners, Considers Tying Levy to Crypto Prices
15.4.2022
The government of Kazakhstan is preparing to increase the tax burden for cryptocurrency miners and intends to tie the new rate to the value of the minted cryptocurrency. The authorities in Nur-Sultan believe that such an approach would have a positive effect on the state budget. Miners...
New crypto card by Nexo allows users to pay without selling Bitcoin
13.4.2022
Nexo has officially launched its cryptocurrency credit card in collaboration with Mastercard after announcing the project back in 2019
Advertising Agency Launches Campaign to Free Jailed Egyptian Women With NFT Sales
13.4.2022
An advertising agency from the United Arab Emirates (UAE) and a non-governmental organization have launched a campaign that seeks to raise funds for jailed Egyptian women via the sale of non-fungible tokens (NFTs). The funds raised are already being used to pay off their debts, allowing...
ACH Is the Token Driving Global Crypto Payments
13.4.2022
ACH is the cryptocurrency token driving the adoption of Alchemy Pay’s crypto payments around the world. Alchemy Pay enables real-world crypto payments and mainstream-friendly access to crypto services. It has had an incredible rise over the past year, partnering with the likes of Binance...