Charday Penn | E+ | Getty Images If you’ve accepted payments via apps such as Venmo or PayPal in 2022, you may receive Form 1099-K, which reports income from third-party networks, in early 2023....
Tag: payments
EU Sets Cap on Cash Transactions Along With Crypto Payments
Bitcoin News On November 6th, the bloc agreed to allow cash transfers of up to €10,000 ($10,557). All forms of payment, not just cash, will be subject to the new regulations. EU member states have iss...
UK Plans to Establish Regulation for Stablecoin Payments
The United Kingdom HM treasury is committed to establishing a safe framework for the use of stablecoins. The FSM Bill plans to regulate crypto assets. This Friday, the HM treasury of the United Kingdo...
European Union to Put a 10,000-Euro Limit on Cash Payments; Transactions Over €1,000 in Crypto Will Be Scrutinized – Regulation Bitcoin News
The states of the European Union have convened to establish a new limit on cash purchases and to strengthen the controls on cryptocurrency transactions. On Nov. 6 the bloc agreed to put a limit of €10...
Bitcoin’s Case for Payments Builds With New Strike Development
Whether bitcoin can serve as an effective medium of exchange has been debated since the world’s first cryptocurrency launched, but a recent uptick in demand from non-US markets demonstrates the use ca...
Ex-FTX Exec Lands at Payments Tech Company Nuvei
FTX’s former global head of payments has resurfaced as an executive at payments technology company Nuvei weeks after the crash of his ex-employer. Adam Jacobs, who began working at crypto exchange FTX...
Strike Brings Lightning-Based Remittance Payments to Africa
Bitcoin payments platform Strike has now expanded to Africa, enabling instant and low-cost remittances to the continent by leveraging its new “Send Globally” feature. The tool, available to all Americ...
Indonesia Payments digitalisation among 2023 economic growth plans
A new report by the Bank of Indonesia highlights the country’s 2023 economic growth plan which will include the digitalization of payment systems and the creation of a Digital Rupee. This will compris...
Strike partners with Bitnob to facilitate cross-border payments into Africa
The Lightning Network has struck Ghana, Kenya and Nigeria. During a conference in Ghana, Strike CEO Jack Mallers announced that the Bitcoin (BTC) payments company has partnered with the mobile app Bit...
South African Digital-Only Bank Launches Crypto Payments Gateway – Fintech Bitcoin News
A South African digital-only bank (also known as a “neo bank”), Be Mobile Africa, has reportedly launched a crypto payment gateway that allows merchants to convert digital currency payments to fiat cu...
Bitcoin Lightning company Strike enables payments to 3 African countries
Strike, a payments platform built on Bitcoin’s Lightning network, enabled instant and low-cost payments to Nigeria, Kenya and Ghana for U.S. users through its “Send Globally” feature...
Payments Giant Stripe Launches Cash To Crypto Web3 Service
Stripe, an Irish-American financial services company, recently announced it is launching a project that would make fiat-to-crypto payments easier for Web3 businesses in many countries. Dubbed as “fiat...
AMG Says “Yes” to Crypto Payments
American Marketing Group (AMG) has announced it’s now allowing all the travel companies it does business with to accept cryptocurrency payments through its booking platform Trip Xpress. AMG Is Opening...
Stripe Payments Firm Announces Fiat-to-Crypto On-Ramp
Payments giants such as Stripe are still keen on crypto despite this year’s brutal bear market. The company has just announced services to allow companies to turn cash into crypto. On Dec. 1, payments...
Brazil’s Congress Passes Bill Legalizing Bitcoin, Ether Payments ⋆ ZyCrypto
Advertisement     Brazil’s lower house of Congress has finally passed the long-awaited crypto bill legalizing crypto payments in the country and enabling banks to star...
Brazil’s Congress Moves to Regulate Crypto Payments
Brazil’s Congress today passed a bill that would regulate the use of cryptocurrency as a means of payment throughout the country, potentially providing a boost toward the adoption of digital ass...
DOGE Rallies 30% On Twitter Payments Anticipation As Elon Musk Props Up Dogecoin ⋆ ZyCrypto
Advertisement     The meme token is leading large-cap tokens in weekly gains. A senior Dogecoin developer recently released proposed upgrades to improve Dogecoin. Doge...
Pick n Pay Opens Its Heart to Crypto Payments
Pick n Pay, a grocery retail outlet, has said “yes” to crypto payments and will now allow customers to pay for their items with assets like bitcoin and Ethereum. Pick n Pay Says “Yes” to Crypto Paymen...
FTX Resumes Post-Bankruptcy Payments to Employees
Defunct cryptocurrency company FTX announced today that it would resume “ordinary course payments” of salary and benefits to employees worldwide and certain non-U.S. contractors. The annou...
Dogecoin Jumps 22% in a Week Amid Twitter Payments Speculation
Dogecoin has shot up over 22.5% in the past week, jumping from $0.075 to $0.094, according to CoinGecko. The rapid price increase may follow speculation that the leading meme coin will be included in ...
FTX Resumes Payments to Employees And Contractors Pending Bankruptcy Hearings ⋆ ZyCrypto
Advertisement     FTX has resumed post-bankruptcy payments to employees worldwide days after they were halted following a chapter 11 bankruptcy filing in the US. Accor...
Collapsed Crypto Exchange FTX Resumes Normal Salary Payments to Employees Worldwide
Beleaguered crypto exchange FTX says most of its subsidiaries are resuming salary and benefit payments to employees after being interrupted during the company’s insolvency crisis. In a statement, FTX’...
Troubled FTX plans to resume payments to employees
The cryptocurrency exchange FTX and its partner companies, which have applied for bankruptcy court protection in the United States, announced that the majority of their subsidiaries would begin ...
Russian President Vladimir Putin Calls for International Blockchain-Based Payments System: Report
Russian President Vladimir Putin is reportedly calling for an international payments system based on distributed ledger technology. According to the Russian state-owned news agency TASS, Putin says th...
Russian President Putin Mulls Using Blockchain for Global Payments ⋆ ZyCrypto
Advertisement     The largest country by landmass is making pro-crypto steps amid crippling sanctions by the West. According to Putin, blockchain technology offers a p...
Zoksh Is Changing The Digital Payments System Game: Here’s How
If there is one name in the digital payments sector which should be on everyone’s radar right now, it’s Zoksh. This is because Zoksh is the only system based around providing effective payment service...
President of Bank of Brazil Shows ‘Open Finance’ Digital Real Concept Featuring Stablecoin Integration and Payments Functionality – Blockchain Bitcoin News
Roberto Campos Neto, president of the Bank of Brazil, explained the role that the Brazilian central bank digital currency (CBDC), the digital real, might play in the future of personal finance. At an ...
FTX Group Resumes Salary Payments But There’s a Catch: Report
It’s been nearly three weeks since FTX first froze withdrawals on the 11th of November and initiated bankruptcy proceedings. However, clients and creditors of the battered exchange have not been the o...
ACI Worldwide and Vendo Services Partner to Enable Merchants to Offer Cryptocurrency Payments Globally
Extension of partnership will enable Vendo Services to offer more than 127 cryptocurrencies, including Bitcoin, to its global merchant customer base Customers of ACI Secure eCommerce are able to offer...