Cryptocurrency Analysis and News Portal
Crypto exchange Binance is about to reinstate payments from the European Union's Single Euro Payments Area (SEPA), according to a Bloomberg report, citing a person familiar with the matter.Payments through the network will resume "in the coming hours," Bloomberg said.The rollout will be phased, starting in Belgium and Bulgaria, and
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The Bank of Thailand (BOT), the Securities and Exchange Commission (SEC) and the Ministry of Finance (MOF) have come together to review and issue guidelines on the use of digital; assets as a payment tool.In a joint press release on Tuesday, Thailand’s top regulatory bodies said that it has become
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The round was co-led by Foundation Capital with participation from BACKED VC, PayU (the e-payments business of Prosus), Digital Currency Group, Nexo, Wintermute, Menai Financial Group, Circle, Tokentus Investment, Cowa, Profluent Ventures and LAUNCHub Ventures. Source
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Banks in Russia are preparing to dive into the pilot phase of the digital ruble project and some are already testing transactions with the currency. Trials have started with customer-to-customer (C2C) payments and Bank of Russia plans to expand the types of operations in the future. Digital Ruble Pilot Launches With
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Google has hired a former PayPal executive to help bolster Google Pay, with plans to expand into the crypto space. Arnold Goldberg has been given the task of running Google’s payments division as part of a company-wide push into financial services, including crypto. Google’s president of commerce Bill Ready told
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Bitcoin has dominated the digital payments space for the longest time and continues to do so. However, this dominance is on the decline as more altcoins are being chosen as the preferred digital currencies for payments. This has mainly been due to cheaper fees resulting from network congestion when the
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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 Hardware General Manager: ‘We See Bitcoin Mining as a Long-Term Need
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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 Plan to Accept Cryptocurrency This
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Dogecoin (DOGE) prices rose substantially on Jan. 14 as Elon Musk announced that Tesla would start accepting it as payment for merchandise. Tesla merch buyable with Dogecoin— Elon Musk (@elonmusk) January 14, 2022 After the announcement, DOGE price jumped nearly 13%, hitting a 30-day high of $0.2150. Its upside move came as a part
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MarketsUsers can purchase belt buckles, chargers, and other merchandise as of Friday.By Shaurya MalwaJan 14, 2022 at 5:46 a.m. UTCUpdated Jan 14, 2022 at 5:57 a.m. UTCPortrait of cute red Shiba Inu dog looking at camera (Federico Moreno via Getty Images) Original Source
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