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Russia’s Finance Ministry, Central Bank Agree To Legalize Cross-Border Crypto Payments
6.9.2022
Ending a long-term dispute, Russia’s Ministry of Finance has announced it has reached an understanding with the Bank of Russia, the country’s central bank, over the legalization of cross-border payments in cryptocurrencies....
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Bank of Russia agrees to legalize crypto for cross-border payments: Report
5.9.2022
Historically opposed to the idea of using crypto as a payment method, the Bank of Russia has reportedly agreed to allow cross-border payments in crypto due to geopolitical changes
Ripple to Participate in the Digital Dollar Project’s CBDC Sandbox Program
2.9.2022
The non-profit organization promoting the creation of the digital dollar, the Digital Dollar Project, has announced the launch of a sandbox program to kickstart the probe of the technical implementations of the envisaged digital currency. The fintech firm Ripple is among the four participants that...
Hardware wallet Trezor enables direct crypto purchases with MoonPay
31.8.2022
The new integration with MoonPay and SatoshiLabs-founded Invity platform provides buy, sell and exchange features directly in the Trezor wallet
Russian PM Says Digital Assets Are ‘Safe Alternative’ in Foreign Trade, Urges for Ruble Payments
31.8.2022
Russian Prime Minister Mikhail Mishustin has praised digital assets as a payment instrument that could strengthen Russia’s financial independence. The top government official also called for increasing the use of the ruble for international settlements. Head of Russian Government Sees...
An NFT Marketplace Is Letting Buyers Avoid Royalty Payments. Creators Aren’t Pleased
31.8.2022
The popular NFT marketplace X2Y2 announced that it will no longer make buyers pay royalties on certain NFT purchases, sparking debate on the importance of such payments to the industry
Crypto Exchange CEO Arrested, Ethereum Scaling, Nexo's Buyback Initiative + More News
30.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Crypto Exchange CEO Arrested, Ethereum Scaling, Nexo's Buyback Initiative + More News
Russian PM takes cue from Iran’s crypto payment permit for imports
30.8.2022
The adoption of digital assets provides a good opportunity to ensure uninterrupted payments for imports and exports, Russia's prime minister said
Iran Passes Bill to Authorize Use of Crypto for Imports
30.8.2022
Iran has passed a bill authorizing trade transactions with cryptocurrencies, officially approving the use of digital assets for imports.
The bill redefines regulations on cryptocurrencies, the authorization to use cryptocurrencies for imports, and the supply of fuel and electricity for mining...
Dubai-Based Virtuzone to Accept Crypto Payments via Binance Pay
29.8.2022
Virtuzone is joining a number of other UAE companies using Binance Pay for crypto payments
Argentina's Mendoza Province Now Accepts Cryptocurrencies for Tax Payments
29.8.2022
Crypto payments to the province’s government would be immediately converted to Argentine pesos
Shopify Not Allowed to Pause Crypto-related Lawsuit, UAE Company Parners with Binance to Accept Crypto + More News
29.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: Shopify Not Allowed to Pause Crypto-related Lawsuit, UAE Company Parners with Binance to Accept Crypto + More News
Argentinian Province Mendoza Starts Accepting Tax Payments in Crypto
29.8.2022
Mendoza, an Argentinian province, has implemented a system that allows taxpayers to pay their taxes fully with cryptocurrencies. The system, which was launched this week, is part of a strategic push for the modernization and digitalization of payments carried by the tax authority of Mendoza...
Singapore Seeks Detailed Information From Crypto Firms Ahead of New Regulations, Report Unveils
27.8.2022
Financial authorities in Singapore are taking steps toward increased oversight in the crypto space with the city-state’s central bank reportedly asking companies to provide additional information about their activities and assets. Ahead of a possible broadening of the applicable rules,...
US Crypto ATM Provider Bitcoin Depot to Go Public as Part of Merger Deal
26.8.2022
Major US crypto ATM provider Bitcoin Depot has signed a deal with GSR II Meteora Acquisition Corp, paving the way for the two companies’ merger and listing on the NASDAQ exchange.
Per the press release,...
Read More: US Crypto ATM Provider Bitcoin Depot to Go Public as Part of Merger Deal
178 South Korean Darkweb Users Arrested on Suspicion of Crypto-powered Drug Trading
26.8.2022
Police in Seoul, South Korea, have arrested 178 people on suspicion of buying and selling drugs online using cryptoassets as a means of payment.
According to JTBC, Seoul Metropolitan Police officers said they had arrested 12 suspected drug dealers and 166 of their alleged customers, stating that...
NearPay Launches Virtual Crypto Cards, Wallet for iOS and Android; Physical Cards to be Launched 'Soon'
26.8.2022
Seeking to bring what the company describes as "the modern digital banking experience" to the cryptosphere, crypto finance protocol NearPay has launched virtual crypto cards and its wallet for iOS and Android.
The service is currently available to residents of the European Economic Area (EEA)...
Ripio Launches Visa Bitcoin Cashback Crypto Card in Brazil
26.8.2022
The Argentinian crypto firm Ripio has unveiled a Visa card in Brazil that lets its users pay in crypto – and receive bitcoin (BTC) cashback rewards. The card is a prepaid debit card that can be used with any merchant who accepts Visa payments.
The card will be compatible with all 28 of the tokens...
China Introduces Digital Yuan Payments in Ningbo Subway, Guangzhou Buses
26.8.2022
Authorities in two Chinese cities are promoting the digital yuan as a payment method in the public transportation system. Commuters on the subway of Ningbo and those taking the bus in Guangzhou will be able to purchase their tickets using the state-issued digital currency. Residents and Visitors...
Vitalik: People still 'underrate' the superiority of crypto payments
25.8.2022
The Ethereum co-founder suggests that cryptocurrency payments are a "big boost" to international business, charity, and even payments within countries