According to a report published by Izvestia, Russia’s Federal Tax Service (FTS) gave its feedback on the draft of a crypto bill submitted by the Finance Ministry. The tax agency proposed allowing comp...
Tag: Payment
Crypto used as a payment method to buy homes in Spain
Crypto as an installment technique is used in Spain to buy real estate Financial backers are leaving less secure speculation roads for more secure choices The interest in these instruments has becom...
US Porsche dealer accepts crypto as payment
Porsche Towson, a Porsche dealer operating in Baltimore, Maryland, has started accepting crypto as a method of payment for car sales. Porsche Towson adds crypto to its payment system Thanks to the co...
Marqeta Introduces New Solution for Card Issuers to Combat Payment Card Fraud
Nasdaq-listed card issuing platform, Marqeta today introduced the RiskControl solution, the company’s new product suite to facilitate its customers in better optimization of their card programs. RiskC...
Porsche Dealer in Maryland Now Accepts Crypto as a Form of Payment
BitPay also tries to protect its customers from fluctuations in bitcoin’s price. Porsche Towson has dealerships in Maryland and Pennsylvania. An American Bitcoin payment service provider, BitPay, has ...
Shiba Inu Accepted as Means of Payment by Swiss Consulting Firm
The Switzerland-based multinational consultancy company – Fidinam – embraced the popular memecoin Shiba Inu as a payment method. In accordance with the news, Baltimore’s only exclusive Porsche center ...
Russia reaps reward of domestic payment system after Visa and Mastercard withdraw
In 2014 Gennady Timchenko, a billionaire businessman and an ally of Russia president Vladimir Putin, sang the praises of a new UnionPay card he obtained after sanctions rendered his Visa and Mastercar...
Shiba Inu Now Accepted as Payment by Switzerland-Based Multinational Company
Tomiwabold Olajide Fidinam group, a multinational located in Switzerland, is now accepting Shiba Inu as a payment method As reported by @ShibaXanders, an admin of the Shiba Inu Venezuela community, Fi...
EU Approves Crypto License & Payment Gateway for Ukraine’s QMALL: Now Globally Connected, A World of Opportunity Awaits
While the country of Ukraine hasn’t yet received approval for its long-held dream to join the European Union just yet, QMALL, the country’s best-known crypto exchange, was recently given the all-clear...
Interest in Real Estate Investments in Spain Grew 400%, With Some Using Crypto and Stocks as Payment Method – Bitcoin News
Real estate investments are booming in Spain and Europe, as investors are exiting riskier investment avenues in favor of safer options. According to sources from the real estate world, the interest in...
Bitcoin is Superior to All Other Payment Networks: Strike CEO
The CEO of the digital payments platform Strike – Jack Mallers – argued that employing bitcoin as a payment network is “superior” to card or bank processing systems. Additionally, the executive compar...
Societe Generale Introduces Payment & Transaction Banking Accelerator
Societe Generale, a French multinational investment bank and one of the leading financial services companies in the region, has recently launched a new acceleration program for emerging companies to i...
Dogecoin and Shiba Inu Added To AMC’s Mobile App As Payment Option
AMC Theaters has announced its mobile app now supports Dogecoin (DOGE), Shiba Inu (SHIB), and other crypto tokens for online payments. AMC Theater has earlier promised that it will soon start acceptin...
Amazon CEO: Not Close To Adding Crypto As Payment
On Thursday, Amazon CEO and Chief Executive Officer Andy Jessy added in an interview with CNBC that the world’s biggest e-commerce platform does not plan to add cryptocurrencies as a payment medium ve...
Indian Crypto Exchanges Go P2P to Skirt Payment Channel Restrictions
India’s crypto industry is constantly seeking ways to circumvent government and banking restrictions to serve the increasing demand for digital assets in the country. A number of Indian cryptocurrency...
Nexo offers payment card allowing users to retain their crypto
Crypto lender Nexo said it is working with Mastercard to offer a crypto-backed payment card, Reuters reported last week. The card is linked to a crypto-backed credit line, allowing investors to spend ...
These 9 S&P 500 Companies Accept Bitcoin for Payment in 2022
Over the week, several major news outlets ran stories covering the basics of cryptocurrencies like Bitcoin. One by CBS news claimed, “Crypto is not easy to spend.” That might have been true just five ...
Cash App and Chivo help drive Lightning payment volume up
Lightning Network, has seen payment volume increase by over 400% The network aims to provide faster and cheaper BTC transactions Over 80 million people had the ability to access payments on the Lightn...
Russia to legalize crypto as means of payment
The Russian Ministry of Finance is close to finalizing the draft bill on cryptocurrency regulations and intends to legalize crypto as a means of payment, Russian newspaper Kommersant reported on April...
Amazon Could Sell NFTs in Future but Not Close to Adding Crypto Payment
In the interview, Jassy said crypto will “become bigger,” and Amazon may sell NFTs sometime in the future. Amazon (NASDAQ: AMZN) CEO Andy Jassy recently spoke about crypto growth and the possibility o...
Central banks in emerging economies look to CBDCs for payment efficiency, BIS report says
A volume of papers from the Bank for International Settlements (BIS) points out that payment system efficiency is the top motivation for central banks in emerging market economies experimenting with c...
Cash App and Chivo help drive Lightning payment volume up 400%
A new report highlights how the Lightning Network has grown in popularity as a way of transferring digital assets quickly and efficiently around the globe. On Thursday, CNBC told the story of Alena V...
Shiba Inu Now Accepted as Payment by Delivery App Rappi Mexico
Mexico-based cryptocurrency exchange Bitso has announced the positive news that users of Rappi Mexico, a delivery company, will now be able to make payments with cryptocurrencies, which includes Shiba...
Dozens of VIP backers invest $87M into crypto payment startup MoonPay
In November 2021, MoonPay announced a $555 million Series A financing round that brought the crypto payment platform’s valuation to $3.4 billion. On Wednesday, the fintech company revealed that ...
Some Indian Payment Processors Cut Off Local Crypto Exchanges
In April 2018, the Reserve Bank of India (RBI) effectively banned banks through a notification from supporting or engaging in crypto transactions until the Supreme Court overturned the restriction two...
US Federal Reserve Officially Considering CBDC to ‘Improve Existing Payment Systems’
The U.S. Federal Reserve announced that it is considering a central bank digital currency (CBDC). The bank said that it was the right time to consider a CBDC because technological advancements had com...
First Crypto-Backed Credit Line Payment Card to Make Debut Under Nexo, Mastercard, DiPocket Partnership
In the wake of increasing crypto interest, another credit card is ready to hit the market. Crypto lender Nexo has partnered with Mastercard and DiPocket to launch the first crypto-backed payment card,...
‘There are already digital means of payment:’ EU Commission gets 11,000 public comments on CBDC project
In less than two weeks that passed since the European Commission opened its “Digital euro for the EU” initiative up to public consultation, more than 11,000 individuals and organizations l...