Search results for crypto payments
Ripple Partners With Travelex Bank To Enable Crypto Payments
Travelex Bank will be the first in Latin America to use the Ripple payment service. There is no need for
Checkout.com eyes new crypto payments products despite bear market
Checkout.com, the London-based payments outfit that was valued at $40 billion in January, is exploring the launch of two new crypto products — doubling down on the sector even as it languishes in a bear market. The post Checkout.com eyes new crypto payments products despite bear market appeared first on The Block.
UAE’s Day To Day Hypermarket Accepts Crypto Payments
Almost 60% of US retailers accept crypto as payment. Now Dubai Day To Day hypermarket is taking the first step
Visa Crypto Payments Vs Crypto Payment Processor Remuno: Which Is Best For You?
Using cryptocurrency as payment for goods and services is becoming more common in digital marketplaces. As of the first quarter ...Read More...
This Week in Coins: Ethereum Bounces Back, Bitcoin Slides, Russia Bans Crypto Payments
In another mostly down week for top cryptocurrencies, Ethereum showed signs of life as The Merge draws near.
Report: President Vladimir Putin Signs Bill Banning Crypto Payments In Russia
According to Russian business media outlet RBC, Russian President Vladimir Putin signed a law on Friday that expressly forbids the use of digital financial assets (DFA) and digital utility rights (DPR) as a form of payment in Russia. The regulation will take effect in 10 days after official publication in the government's gazette. The now approved law was initially submitted on June 7 to the State Duma (the lower house of the Federal Assembly of Russia) by the chairman of the financial market committee Anatoly Aksakov and adopted a month later. The document reads: “It is prohibited to transfer or accept digital financial assets as a consideration for transferred goods, performed works, rendered services, as well as in any other way that allows one to assume payment for goods (works, services) by a digital financial asset, except as otherwise provided by federal laws.” The law restricts using DFA as payment for goods and services and requires DFA exchange operators to reject transactions where it is conceivable to use such assets as a substitute for the ruble. According to the RBC story, Russian legal experts have already called attention to some issues with the document's exemption provision. Efim Kazantsev, an attorney and teacher at Moscow Digital School, challenged the legislation when it was originally introduced in June, saying, “For the mass user, the regulatory risks embodied in the draft law will make Russian CFAs and utility tokens an unattractive asset,” effectively making the ruble the only form of currency in Russia. At the end of May, the prior revisions to the proposed law "On Digital Currency" were made available for review. While the average Russian citizen may not use DFAs as a form of digital payment, amendments made by the Ministry of Finance now permit the usage of virtual currencies to fund international trade. Photo: pudiq via Shutterstock © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Benzinga•
Brazil’s PicPay to launch crypto payments and real-pegged stablecoin
Brazilian mobile payment app PicPay will start supporting cryptocurrencies, launch an exchange and introduce a stablecoin pegged to the real. The post Brazil’s PicPay to launch crypto payments and real-pegged stablecoin appeared first on The Block.
BitPay Now Makes Food Delivery Services Possible With Crypto Payments
The firm has teamed up with multiple fiat and cryptocurrency payment providers. BitPay has said that SHIB holders may pay
Meta to close down Novi crypto payments wallet in September
Meta urged users to withdraw any remaining balances from their Novi accounts before September 1. The post Meta to close down Novi crypto payments wallet in September appeared first on The Block.
Crypto Resto Owner Decries Fake News About Halting Crypto Payments
Andy Nguyen, owner of Bored & Hungry, responded to the accusations. All reports about Bored & Hungry not accepting crypto ...Read More...