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Mastercard Views Crypto More as Asset Class Than Form of Payment
4.8.2022
Mastercard sees cryptocurrency as more of an asset class than a means of payment, according to the payments giant’s chief financial officer. Mastercard’s crypto strategy “has been fairly successful ever since crypto environments came up,” he added. Mastercard’s...
B2B Payments Startup Paystand Acquires Mexican Peer Yaydoo
3.8.2022
While the companies will operate independently, there is hope for cross-selling opportunities
Gucci becomes first major brand to accept ApeCoin payments
3.8.2022
Gucci has ramped up its Web3 initiatives by allowing crypto nerds to purchase its products with ApeCoin in its stores, adding to a list of 12 other digital assets it accepts for payment
Bitpay Adds APE and EUROC Support — Luxury Retail Giant Gucci Accepts Apecoin Payments
2.8.2022
On August 2, the Atlanta-based crypto payment services provider Bitpay announced that it has expanded its crypto asset support with two different crypto assets. Bitpay revealed the company has integrated apecoin and euro coin into the firm’s platform and the luxury retailer and designer...
European Central Bank bets on CBDCs over BTC for cross-border payments
2.8.2022
ECB’s interest in identifying the best cross-border payment solution stems from the fact that it serves as the central bank of the 19 European Union countries which have adopted the euro
Crypto lender Vauld granted three-month protection from creditors
2.8.2022
Vauld's parent company Defi Payments Ltd says the moratorium granted on Monday will give it the necessary breathing room to form a restructuring plan
‘Bitcoin Valley’ Launches in Honduras — 60 Businesses Accept BTC to Boost Crypto-Tourism
2.8.2022
Bitcoin Valley, the first bitcoin city in Honduras, has launched in Santa Lucia. Businesses in the area will accept bitcoin for payments. “In Santa Lucia, we are all going to participate in this project … Accepting bitcoin will open us to another market and win more customers,”...
Bitwage Partners With Edge Wallet and Casa to Streamline Bitcoin Payroll Services to Mainstream Audiences
1.8.2022
The cryptocurrency payroll service Bitwage announced on Monday that the company has partnered with the digital currency wallets Casa and Edge Wallet in order to “bring bitcoin payroll to mainstream audiences.” Now Edge Wallet and Casa users can connect to the Bitwage platform’s...
Croatian retail giant sees rise in crypto payments despite the bear market
1.8.2022
Croatia has been enjoying the growing cryptocurrency adoption despite the ongoing crypto winter, Konzum's director of business applications Ines Barbir said
Israel puts the brakes on cash to spur digital payments
1.8.2022
It's believed that Israel will neither be the first nor last country to impose such measures
Israel Prohibits Cash Deals for Amounts Starting as Low as $1,700
30.7.2022
New legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday. The goal, as stated by the country’s tax authority, is to improve the fight against organized crime, money laundering, and tax evasion. Critics doubt the law will...
'I have Bitcoin for the benefit of my kids,' says Gibraltar MP
28.7.2022
In an interview with Cointelegraph, MP Isola detailed Gibraltar’s crypto regulatory landscape and his interest in Bitcoin
Strawweight Luana Pinheiro Becomes First Female UFC Fighter to Be Paid in Bitcoin
27.7.2022
On Wednesday, the cryptocurrency payments service company Bitwage announced that the Ultimate Fighting Championship (UFC) strawweight Luana Pinheiro will be the first female UFC fighter to be paid in bitcoin. Pinheiro’s boyfriend, a UFC flyweight fighter, started getting paid in bitcoin last...
Education in crypto payments will spark mass adoption, says Checkout.com exec
27.7.2022
Jess Houlgrave mentioned that traditional companies are hesitant to integrate crypto because of misinformation and regulatory concerns
The Costa’ Bitcoin on the rise: major chains give Gibraltar a BTC boost
26.7.2022
Major franchises in Gibraltar including Costa Coffee, the Card Factor and Hotel Chocolat now accept Bitcoin over the Lightning Network or on-chain
Zebedee Inks Deal With Mobile Game Studio Viker to Add BTC Rewards to Solitaire, Sudoku, Missing Letters
26.7.2022
Seven days after the financial technology and bitcoin payments firm Zebedee announced it secured a $35 million capital raise, the company has revealed a new partnership deal with the mobile game studio Viker. The two companies have enhanced three classic video games with Zebedee’s bitcoin...
FTX CEO Sam Bankman-Fried Believes Crypto Will Thrive in Latam
26.7.2022
Sam Bankman-Fried, CEO of FTX, believes that the future of crypto is bright in Latam. In a recent interview, Bankman-Fried recognized the rising adoption and demand that cryptocurrencies are experiencing in Latam, stating that use is expected to grow for remittances and payments in the future....
Credit Cards Should Not Be Used for Crypto Transactions, Taiwan’s Financial Watchdog Says
24.7.2022
The financial regulator of Taiwan has asked local banks not to allow the use of cards for payments in transactions involving cryptocurrencies, local media revealed. The authority says these assets are risky while associated cash flows are hard to monitor. Taiwanese Regulator Urges Banks Not...
Tron is Eating into Ethereum’s Share of the Tether Market, But It Will Have to Do More to Become a Serious Rival
24.7.2022
Tron (TRX) has long been the butt of jokes and insults from much of the crypto sector, stretching back to 2019 (and even earlier) and continuing to the present day.
Yet in the past year or so, it has become an increasingly hard-to-ignore Ethereum (ETH) rival, exemplified by the fact that...
Bank Indonesia Prepares to Issue Digital Rupiah as Legal Tender for Digital Payments
23.7.2022
The central bank of Indonesia is working to issue a wholesale digital rupiah. The new currency is meant to be the only legal tender for digital transactions in the country while the regulator also wants to ensure that it will be exchangeable across borders. Digital Rupiah Concept Expected by Year...