Cryptocurrency Analysis and News Portal
The government of Bali, Indonesia, recently cracked down on crypto payments for goods and services and reminded tourists that the Indonesian Rupiah is the only legal tender. Some tourists were dissatisfied with the decision, saying that they will not visit again. On May 28, the Indonesian government affirmed that tourists who
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Etonec’s partnership with decentralized exchange Lumina DEX will use zero-knowledge technology to create a sort of permissioned pool, a liquidity pool market that is compliant with AML regulations. This will hopefully allow the DeFi community to attract more institutional investors to the space and grow, Jonathan Knoll, co-Founder and head
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The company established a headquarters in El Salvador for its global entity as it expanded its app to more than 65 countries last week. Original Source
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Strike will be hoping to leverage Tether’s stability as a reliable store of value to appeal to more clients globally. Strike, a global payments platform built on Bitcoin‘s Lightning Network, has added support for Tether (USDT). By integrating the world’s largest stablecoin, users of the Strike app may now carry out
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Strike, a platform led by Jack Mallers that supports bitcoin (BTC) payments, is expanding to 65 global markets and relocating its global headquarters to El Salvador. The company aims to provide a consumer-friendly money app that
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Tech giant Samsung Electronics has reportedly partnered with South Korea’s central bank to conduct research on central bank digital currency (CBDC) for offline payments.On May 15, the Bank of Korea (BOK) and Samsung signed a memorandum of understanding (MoU) for research on offline CBDCs, according to local media KBS World.
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Despite not being mainstream payment solutions yet, cryptocurrency-based payments (also known as Web3 payments) already bring benefits such as lower transaction fees, Robert Miller, the vice president of growth at Fuse, a layer 1, EVM-compatible blockchain for launching dapps, has asserted. For merchants, Web3 payments come with the added benefit
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The Bank for International Settlements (BIS) is actively exploring opportunities for offline payments involving a central bank digital currency, or CBDC.On May 11, the BIS Innovation Hub Nordic Centre published a comprehensive handbook exploring how CBDCs could work for offline payments.The guide is written in collaboration with technical consultancy Consult
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The stringent measures that appear to have been established against crypto in New York, the acceptance of stablecoins for bail bonds is a win. The city of New York is currently planning to add stablecoin payments as a form of bail. According to a May 10 bill, the city is proposing
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To send and receive payments on the Lightning Network, users must first set up a Lightning wallet and fund it with Bitcoin. From there, they can create payment channels and start transacting. This article will guide users through the process, from setting up their Lightning wallet to making their first
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