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Category: Payments

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ECB lays out ‘anonymous’ digital euro as public opposes ‘slavecoins’

On May 13, 2022 By John Davidson In Anonymity, cbdc, Central Bank, digital currency, ecb, Europe, Payments, privacy

The ECB released another working paper on the digital euro, providing an extensive technical analysis of a potential European CBDC and its position in the existing financial system. Issued on May 13, the working paper …

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Russian tax authority proposes using crypto as a foreign trade payment tool

On April 20, 2022 By John Davidson In Bitcoin Payments, Bitcoin Regulation, Cryptocurrencies, Finance, Law, Payments, Russia, taxes

Russia’s Federal Tax Service (FTS) has joined the debate around crypto regulation in Russia with an unexpectedly blunt proposition — to let Russian companies use digital currencies as a payment method when transacting internationally. On …

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Top Latin America delivery app to accept crypto

On April 14, 2022 By John Davidson In Bitcoin Payments, Brazil, CoinPayments, Colombia, Delivery, Latin America, Payments

Rappi, the most popular delivery service in Latin America, is working with Bitso and Bitpay to accept Bitcoin (BTC) and other cryptocurrency payments. As reported by Cointelegraph Brazil, Rappi is integrating with Bitso and Bitpay …

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Gemini receives license to provide electronic money services in Ireland

On March 22, 2022 By John Davidson In Bitcoin Regulation, Cryptocurrency Exchange, Gemini, Ireland, Payments, Technology

Cryptocurrency exchange Gemini has received an electronic money license from the Central Bank of Ireland. It was the 18th organization to receive the license, and the first since October 2020. Gemini joined such license holders …

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Is it possible for Afghans to use crypto as a form of government support?

On February 22, 2022 By John Davidson In Afghanistan, Asia, Ban, Bitcoin Payments, P2P Payments, Payments, Regulation, Remittances, Trading

Numerous international non-governmental services and organizations stopped operations in Afghanistan following the August 2013 takeover by the Taliban. These included services that allow payment such as Western Union or Swift. Many Afghans subsequently began to …

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CA legislator introduces legislation that allows crypto to be used for payment of govt services

On February 21, 2022 By John Davidson In california, Cryptocurrencies, Government, Law, Payments, Regulation, united states

California State Senator Sydney Kamlager, representing the 30th Senate District including parts of downtown Los Angeles, has introduced a bill which would amend the state’s code to allow for the acceptance of cryptocurrencies for certain …

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Colorado governor says he expects state to just accept tax funds in crypto by summer season

On February 16, 2022 By John Davidson In colorado, Cryptocurrencies, Government, Payments, Regulation, taxes, united states

Jared Polis, the governor of Colorado, has introduced that the state authorities plans to permit residents to pay taxes in cryptocurrencies as early as summer season 2022. In a Tuesday CNBC interview, Polis stated crypto …

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Innovation and experimentation: Spain’s blockchain sector in 2021

On February 14, 2022 By John Davidson In Banks, Fintech, New Year's Special, Payments, Regulation, Spain, Technology

In Spain, firms throughout varied industries — not simply digital finance — have begun to use blockchain know-how to their operations. This disruptive know-how has promoted pioneering initiatives within the nation which can be anticipated …

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Report: Bulgarian finance minister says that they are investigating cryptocurrency payment options.

On January 21, 2022 By John Davidson In adoption, bulgaria, Cryptocurrencies, european union, Payments, Regulation

Assen Vassilev, Bulgaria’s Deputy Prime Minister for EU Funds and Minister of Finance, said the EU member nation is exploring options for rolling out a crypto payment mechanism. According to a Friday Bloomberg report, Vassilev …

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