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Lufthansa, Eurowings, other travel industry players push forward with Web3
12.5.2023
After a new travel-focused blockchain hit the scene, major players in the industry are beginning to pivot to integrate Web3 technology
Do Kwon's Attorneys Propose $437K Bail, Deny Falsified Travel Documents Charges in Montenegro
11.5.2023
Montenegrin authorities arrested the Terra founder in March for allegedly attempting to travel with fake documents
Mastercard Launches Crypto Credential Service for Cross-Border Transfers
28.4.2023
The set of verification standards uses technology from the CipherTrace, the well-known blockchain analytics platform Mastercard agreed to acquired in late 2021
EU Parliament Greenlights Markets in Crypto Assets Law, Tracing Rules
21.4.2023
Members of the European Parliament gave their final approval to a package of EU-wide regulations for crypto assets. The legislators also backed the introduction of mechanisms allowing the tracing of cryptocurrency transactions which will also apply to private crypto wallets above a certain...
US Treasury to Attempt Coercing European Countries Into Implementing Sanctions Against Russia
12.4.2023
Officials of the U.S. Treasury Department will travel to Europe this month with the objective of getting more countries to apply punitive actions against Russia. The tour, which includes visits to Switzerland, Italy, and Germany, aims to stop the material support companies in these states provide...
Argentinian Airline Issues Every Ticket as an NFT
30.3.2023
The low-cost carrier has expanded its partnership with NFT ticketing company TravelX to offer all tickets as NFTs on the Algorand blockchain
Terraform Labs CEO Do Kwon Faces Extradition to South Korea
24.3.2023
According to a report published by AFP, Do Kwon, CEO of Terraform Labs, has been charged with document forgery in Montenegro. Kwon was arrested at the Podgorica airport while traveling with fake documentation. South Korean prosecutors have said the Terra co-founder faces extradition to South Korea....
Latin American Travel Agency Despegar Begins Accepting Crypto Payments
7.3.2023
Teaming with Binance Pay, the travel company will initially accept crypto in Argentina, with plans to roll this option out to additional countries
Over 200 Jurisdictions Agree on Timely Implementation of FATF Crypto Standards
26.2.2023
The Financial Action Task Force (FATF) says delegates from over 200 jurisdictions have agreed on “an action plan to drive timely global implementation of FATF standards” on crypto assets. The standard-setting body said many countries have failed to implement its previous requirements...
FATF agrees on roadmap for implementation of crypto standards
24.2.2023
Part of the FATF's ‘Travel Rule’ includes recommendations that financial institutions obtain information on the originators and beneficiaries of certain crypto transactions
FATF Agrees on Action Plan to Drive Implementation of Global Crypto Norms
24.2.2023
The global financial crime watchdog's plenary, made up of 206 members of observer organizations like the IMF and the UN, will also take stock of what jurisdictions have been doing so far
Star Wars Jedi: Fallen Order Sequel Will Fix One Of Its Biggest Problems
6.2.2023
Did you nearly lose your mind over all of the tedious backtracking in Star Wars Jedi: Fallen Order? Well there’s good news: its sequel, Jedi: Survivor, will include fast travel and mounts to streamline that aspect of the game.Read more
Caroline Ellison Plea Agreement: $250,000 Bail, Surrender of Travel Documents, Forfeiture of Assets
22.12.2022
Plea agreement would waive Ellison of any charges, except criminal tax violations, provided she fully cooperates with U.S. Attorney's office
Metaverse experience to sway real-world travel choices in 2023: Survey
17.12.2022
A survey participated by 24,179 respondents across 32 countries reveal that nearly half, or 43% of the respondents, intend to use virtual reality to inspire their choices
Bitcoin, space travel and TikTok debut in Guinness World Records
18.10.2022
The latest edition has included a host of achievements from “Cryptomania” including the record CryptoPunk NFT sale and El Salvador becoming the first country to adopt BTC as legal Tender
Report: Withdrawal Limits for Egyptian Travelers Lowered as Banks Seek to Conserve Scarce Forex
13.10.2022
According to a report, some Egyptian banks recently informed clients who plan to travel abroad that they can now only withdraw $2,000 or less. The banks have also lowered the amount of foreign exchange that clients can withdraw when abroad. Egypt’s ongoing shortage of foreign exchange...
Japan preparing amendment to enforce FATF travel rules on crypto by May 2023: Report
27.9.2022
Meeting international Anti-Money Laundering standards is the latest in a series of measures Japan has taken in recent months to improve its cryptocurrency regulation
Web3 technologies could be a game changer for the travel industry
23.9.2022
NFTickets could potentially allow airlines and events to increase their revenue through resales on the secondary market
Paypal adds to list of crypto heavy hitters on the TRUST network
23.8.2022
Paypal has stepped up its regulatory compliance by joining TRUST to streamline its reporting requirements relating to the digital assets “travel rule.”
Tourists flock to El Salvador despite Bitcoin bear market
4.8.2022
El Salvador, the first country to adopt Bitcoin as legal tender, has seen explosive growth in tourism numbers in the first half of 2022