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Altcoins Gain Bigger Share in Payments, Crypto Spending on Luxury Goods Jumped in 2021 - BitPay
17.1.2022
Crypto payments processor BitPay says that the bitcoin (BTC) payments at merchants who use the company’s services dropped to 65% of all processed payments last year -- a decline from 92% in 2020. ...
Read More: Altcoins Gain Bigger Share in Payments, Crypto Spending on Luxury Goods Jumped...
Bitcoin payments decline as other cryptocurrencies grow
17.1.2022
In 2021, Bitcoin's usage by merchants that use BitPay fell to about 65%, down from 92% in 2020
Jack Dorsey’s Payments Company Is ‘Officially Building an Open Bitcoin Mining System’
16.1.2022
In mid-October 2021, Twitter founder Jack Dorsey revealed the payments firm Block Inc. (formally Square) was considering joining the bitcoin mining industry. Three months later, Dorsey tweeted that his firm was “officially building an open bitcoin mining system.” The Block’s...
Visa: One in Four Businesses Surveyed Plan to Accept Cryptocurrency Payments This Year
15.1.2022
Payments giant Visa has conducted a survey of small businesses and found that almost a quarter of those who responded plan to accept cryptocurrency payments this year. “I think more people are feeling more confident with crypto,” said a Visa executive. Small Businesses in 9 Countries...
Altcoin Roundup: 3 ways blockchain technology could further mainstream in 2022
15.1.2022
The trend of blockchain adoption is set to continue in 2022. Here are three sectors that are likely to pivot toward DLT solutions
British Lawmakers Say a CBDC Is Likely to Hurt Financial Stability — Digital Pound Benefits Overstated
14.1.2022
According to British lawmakers, a central bank digital currency (CBDC) is likely to raise the cost of borrowing while hurting financial stability. They insist the touted potential advantages of a digital pound are being overstated. Erosion of Privacy British lawmakers have said the use of a central...
Dogecoin leaps 25% after Musk announces DOGE payments for Tesla merch
14.1.2022
The bullish news comes months after the billionaire entrepreneur said DOGE was a better token to transact with than Bitcoin
Bukele’s Bitcoin trade raises El Salvador’s sovereign credit risk: Moody’s
14.1.2022
The credit rating agency believes El Salvador’s Bitcoin experiment has elevated the country’s risk profile and could limit its access to foreign debt markets
Rio’s Treasury Reserves to Be Made up of 1% Crypto, City May Enable BTC Tax Payments
14.1.2022
Brazil’s former capital city, Rio de Janeiro, might start holding crypto in its treasury, its Mayor has revealed.
According to the newspaper O Globo, Mayor Eduardo Paes made the announcement during an event also attended by another pro-crypto mayor, Miami’s Francis Suarez. The duo were speaking...
Tesla Begins Accepting Dogecoin Payments — Some Merchandise Can Only Be Purchased With DOGE
14.1.2022
Tesla now accepts dogecoin for some merchandise on its website. CEO Elon Musk delivered on the promise he made in December that his electric car company will accept DOGE. Meanwhile, Tesla still has not resumed accepting bitcoin. Dogecoin Now Accepted for Select Tesla Merchandise Elon Musk’s...
Tesla launches Dogecoin payments for merch but there is a catch
14.1.2022
Tesla starts accepting Dogecoin payments for company merchandise. However, the firm states that they will not issue refunds for DOGE purchases
Tesla Accepts Dogecoin Payments for its Merch, DOGE Rallies
14.1.2022
Electric vehicle maker Tesla is experimenting with dogecoin (DOGE) payments, opening up a range of products to the cryptocurrency’s users....
Read More: Tesla Accepts Dogecoin Payments for its Merch, DOGE Rallies
BBTV launches crypto payment solution for media monetization
13.1.2022
Media monetization company BBTV recently launched a solution that lets creators get paid in crypto
Digital, Crypto Payments Key to Small Business Growth in 2022 - Visa
13.1.2022
As much as 73% of surveyed small businesses said accepting new forms of digital payments is a fundamental factor to their growth in 2022, with 24% eyeing enabling cryptocurrency payments, according to a survey by US payments giant Visa.
With this in mind, 59% of small businesses (SMBs) surveyed...
Visa survey shows that 24% of SMBs plan to accept crypto payments
13.1.2022
Crypto holders want to use their assets to shop and stores around the globe are starting to take heed
Checkout.com raises $1B in Series D, bringing valuation to $40B
12.1.2022
The British payment platform said it will use funds to further crypto payment processing
Northwest Arkansas offering $10K in Bitcoin to attract remote workers
12.1.2022
“Next-generation talent is essential to further transform our region into a hub for up-and-coming tech innovators and businesses,” said Blockchain Center of Excellence director Mary Lacity
Retail is pushing the Bitcoin price up, says Ledger CEO
12.1.2022
Cryptocurrency hardware wallet provider Ledger CEO reckons it’s more people trusting Bitcoin that is pushing the price up; Glassnode confirms his suspicion
Digital Yuan Wallet Ranks Among Most Downloaded Apps in China
12.1.2022
The new wallet of China’s state-issued digital currency has quickly become one of the most downloaded applications in the country, within days of its launch. Its use and integration with other apps have contributed to an increase of digital yuan payments, media reports unveil. Wallet Launch...
Ramp expands presence in US with FinCEN regulation
11.1.2022
Last August, Ramp became one of only eight crypto firms to secure approval from U.K.'s Financial Conduct Authority