crypto recognized as means of payment- The Cryptonomist

In Russia, crypto has been recognized as a means of payment by the St. Petersburg court. For the office of the city prosecutor, the ruling is marked as a precedent.  Russia: St. Petersburg court recog...

Brazil Real Estate Developer Stalwart Gafisa Starts Accepting Bitcoin as Payment

Stalwart Gafisa, a major property development company based in Brazil, is making a long-term bet in the growing cryptocurrency market. The firm has announced that it has added Bitcoin as a form of a r...

Bank of England’s Andrew Bailey Warns Bitcoin Has No Intrinsic Value, Not a Practical Means of Payment – Regulation Bitcoin News

The governor of the Bank of England, the British central bank, says bitcoin has no intrinsic value and the cryptocurrency is not suitable as a practical means of payment. His warning came after the cr...

Russian Court Recognizes Cryptocurrency as Means of Payment, Prosecutors See Precedent – Regulation Bitcoin News

The City Court of St. Petersburg has recognized a large amount of cryptocurrency handed over by the victim in an extortion case as a means of payment, Russian media reported. The prosecutor’s office i...

Brazilian Real Estate Giant ‘Gafisa’ Can Now Engage Shiba Inu As Payment Method, Here’s How

– Advertisement – You Might Be Able To Use Shiba Inu (SHIB) to Purchase Real Estate Properties From Brazilian Home Builder Gafisa. Shiba Inu’s utility can be increased once again as people...

Luxury Brand Balenciaga To Accept Crypto as Payment in the U.S

Editors News The luxury brand is still debating which payment mechanism will be utilized. The initial currency accepted will be Bitcoin and Ethereum. Since last year, the number of people using crypto...

French Luxury Giant Balenciaga Rolls Out Crypto Payment Options

Following Gucci’s footsteps, French luxury fashion house Balenciaga has announced plans to accept crypto payments in selected U.S. stores and its online platform balenciaga.com. The flagship stores in...

Bank of England Governor Claims Bitcoin Will Fail as Payment Method

Alex Dovbnya Bank of England Governor Andrew Bailey insists Bitcoin has no intrinsic value Bank of England Governor Andrew Bailey has joined the choir of central bankers who have criticized cryptocurr...

Finland Loses Main Gas Supply After Refusing Payment in Rubles

(Bloomberg) — Russia has cut Finland off from its natural gas supplies as relations between the two neighbors sour over the Nordic nation’s decision to join defense alliance NATO. Most Read from...

TAG Heuer adopts crypto payment option 1

TAG Heuer has announced that it has enabled a crypto payment option for customers who prefer to pay for goods on its platform. The company is a powerhouse that creates, designs, and sells wristwatches...

Cryptocurrencies to be Accepted as Payment at Thousands of Restaurants

SHIB Inu Price at the time of writing – $0.00001184 Verifone is set to allow thousands of restaurants in 65 countries to accept several cryptos Dogecoin Price at the time of writing – $0.08491 Another...

Match Group withdraws restraining order against Google over alternative payment methods

Match Group Inc. (NASDAQ: MTCH) has announced that Alphabet Inc.’s (NASDAQ: GOOGL) Google will allow the Tinder parent to give users a choice in payment, doing away with Google’s control regarding use...

B2Broker announced annual payment plan for B2Core, MarksMan, and B2Trader

B2Broker is pleased to announce that our three main products, B2Core, MarksMan, and B2Trader, now have an annual subscription option. This adjustment, we feel, will benefit both the organization and o...

Premium Watchmaker Tag Heuer Now Accepts Crypto as Mode of Payment

5 hours ago | 2 mins read News There is a 15-minute guarantee on exchange rates when using BitPay at TAG. Many stable currencies are accepted, such as USDP, BUSD, and GUSD. TAG Heuer, a premium timepi...

Swiss Luxury Watchmaker, TAG Heuer Now Accepts Shiba Inu (SHIB) as a Payment

– Advertisement – If you are a resident of the United States then you can now grab your TAG Heuer with Shiba Inu (SHIB) right from the brand’s own e-commerce platform. Swiss luxury watchma...

Meta files five trademark applications for ‘Meta Pay’ teasing crypto and digital payment platform

Meta, formerly Facebook, has submitted five trademark applications in the United States for what appears to be new digital platform dubbed Meta Pay. The trademark applications, filed on May 13, descri...

Why does FTX CEO Sam Bankman Fried think Bitcoin is not a payment network?

Since it’s quite evident that the bitcoin network, in comparison with other networks, is slow, less scalable, and quite expensive CEO Sam Bankman-Fried of the fast-paced, growing crypto exchange...

Russian minister says crypto to become means of payment ‘soon’

Russia’s minister of industry and trade, Dennis Manturov, believes it’s only a matter of time before crypto becomes a means of payment in the country, Reuters reported. Manturov made the statement at ...

Russia To Legalize Cryptocurrency As Form Of Payment, Minister Says

Since January 1 of last year, cryptocurrencies have been legal in Russia, however they cannot be used to purchase goods or services. Russia recently enacted a new cryptocurrency law that, although fal...

A Bitcoin contactless payment story

The Lightning Network (LN) just got a bit faster, as the suitably named Bolt Card now enables Bitcoin (BTC) enthusiasts to pay for goods and services using contactless technology.  A data analyst at t...

Primer payment infrastructure now accepts Bitcoin

The payments infrastructure provider Primer has started offering its users the possibility of using Bitcoin to carry out transactions. “JUST IN: Payment infrastructure provider Primer now allows merch...

Mastercard Adds Biometric Payment Method in Brazil

Mastercard biometric payment feature will first launch this week as a pilot in five St Marche supermarkets in São Paulo, Brazil. Later, the company will expand the program. On Tuesday, payment giant M...

Digital Payment Platform Wirex Expands Wallet Offerings with NFT Functionality

Wirex, a cryptocurrency platform based in London, announced on Tuesday that it has expanded some features and functionalities of its non-custodial wallet, allowing users to add NFTs, purchase crypto c...

Primer Integrates One-Click Bitcoin Payment Method

Primer now enables a one-click bitcoin payment method globally. Have partnered with OpenNode to implement a secure and simple way to checkout. Primer is accessible across 30 counties while OpenNode is...

Canada-based Payment Gateway FCFPAY To Burn Shiba Inu

– Advertisement –   Canada-based Payment Gateway FCFPay To Incorporate “SHIB Burning Mechanism” Into Their Payment Gateway. Canada-based Payment Gateway, FCFPay plans to contribute towards...

Sam Bankman-Fried: Bitcoin Isn’t A Viable Payment Network

Sam Bankman-Fried, the Billionaire founder and CEO of crypto exchange FTX, believes that Bitcoin has no future as a payment network. Sam Bankman-Fried Thinks Bitcoin Isn’t A Payment Network He attacke...

Commentary: Bitfinex Market Analysts On Bitcoin As A Means Of Payment

El Salvador created headlines when it declared Bitcoin a legal tender in September 2021.   Now, the country is in the nascent stage of forming its own financial identity. There is no doubt that El Sal...

Bitcoin Has No Future as Payment Network

According to Bankman-Fried, Bitcoin is very inefficient and has a high environmental cost which undermines its status as a payment network. The argument against Bitcoin with regards to its carbon emis...

Jack Dorsey’s Square May Provide Liquidity for Lightning Network Payment Channels in Near Future

Yuri Molchan Twitter co-founder believes that PoW is “Holy Grail” for Bitcoin, says Square might ensure liquidity for Lightning Network payment channels In a discussion under a tweet by FT...

Bitcoin Has No Future As A Payment Network — FTX CEO ⋆ ZyCrypto

Advertisement &nbsp &nbsp Sam Bankman-Fried, founder and CEO of crypto-exchange FTX believes that Bitcoin has no future as a payment network. According to a Monday report by t...

SBF does not see Bitcoin becoming a payment network, lampoons its energy consumption

Sam Bankman-Fried (SBF), the CEO and founder of leading crypto exchange FTX,  said in a recent interview with the Financial Times that he does not think Bitcoin has a future as a payment network.  SBF...

FTX Founder Downplays BTC’s Chances as an Efficient Payment Network

The founder of FTX has taken a swipe at Bitcoin (BTC) over its inefficiency in settling transactions and has thrown his weight behind the proof-of-stake (PoS) consensus mechanism. Sam Bankman-Fried, C...