Crypto Payments – Page 5

BTC Institutional Investor Forecast for 2023, Musk Makes McDonald’s Promise Again, Kiyosaki Says ‘We Are in Global Recession’ and More — Week in Review

February 5, 2023

As the first month of the new year is behind us, things continue to heat up on the world stage in regard to crypto price predictions, social media hype surrounding meme coins like dogecoin, warnings of macroeconomic peril, and more and more political powers attempting to control permissionless cryptocurrencies via regulations and policy. For an…
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Elon Musk wants Twitter payments system built with crypto in mind

January 31, 2023

Twitter’s upcoming payments tool will initially support only fiat currencies, but Elon Musk wants it built to potentially support crypto in the future. Twitter chief Elon Musk has reportedly instructed his developers to build the platform’s payments system in such a way that crypto functionality can be added in the future. According to a Jan.…
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US Senator Ted Cruz pushes for crypto in Congress … using snacks

January 27, 2023

A newly introduced resolution could potentially see lawmakers buying sodas and chips using crypto-supporting vending machines. Texas Republican Senator Ted Cruz is pushing the United States Congress to adopt cryptocurrency within its halls using an incentive both sides might agree on — food. Cruz introduced a concurrent resolution dated Jan. 25 that would only allow…
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Iran and Russia Consider Issuing Gold-Backed Stablecoin, Officials Unveil

January 18, 2023

Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order to mint the gold-backed currency, however, authorities would need to first regulate crypto assets, a lawmaker noted. Russian, Iranian Representatives Talk Using Gold-Backed Stablecoin in Foreign Trade Iran’s central bank is considering the possibility of…
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Bank of Russia Outlines Payment Models With Digital Ruble, Other CBDCs

January 11, 2023

The Central Bank of Russia has detailed two methods for implementing the digital ruble and other state-backed coins in international settlements. The monetary authority also plans to start testing consumer-to-business (C2B) operations in the first quarter of the year. Russia’s Central Bank to Propose Platforms for Digital Currency Payments in Foreign Trade Moving forward with…
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Ukrainian Pharmacy Chain Introduces Cryptocurrency Payments

January 5, 2023

A major Ukrainian chain of pharmacies has started accepting cryptocurrency through Binance Pay. The new payment method will be available online, according to the company, which operates hundreds of drugstores across the war-torn Eastern European nation. Pharmacy Offers Ukrainians Option to Pay With Crypto Using Binance Pay Customers of the Ukrainian pharmacy chain ANC can…
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Putin Calls for International Settlements Based on Blockchain and Digital Currencies

November 27, 2022

Russian President Vladimir Putin believes a new system for international money transfers is needed to reduce dependence on big banks and third parties. He is convinced that cross-border payments relying on digital currency and distributed ledger technology will be “much more convenient.” Russia’s Head of State Urges for Blockchain-Powered International Payments President of Russia Vladimir…
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Russian IT Firms Lobby for Crypto Payments in Software Exports

November 12, 2022

Companies developing software solutions for foreign customers are urging Russian authorities to allow them to accept crypto payments. The proposal is part of a package of measures aimed at supporting IT exports suggested by an industry organization to the executive power in Moscow. IT Businesses Call on Russian Government to Permit Cross-Border Crypto Settlements Russian…
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Lebanese Mint, Keep, Spend Crypto Amid Crisis, Report Unveils

November 7, 2022

Living in the chaos of a deep crisis, people in Lebanon have been turning to cryptocurrency, a new media report has confirmed. From earning much needed income through mining and work, to storing wealth and paying in stores, bitcoin, tether and other cryptos have started to push aside the hyperinflated Lebanese pound and the hard-to-get-hold-of…
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Programmer spends 69 nights in ‘Bitcoin Cash City’ using only BCH: Here’s how it went

November 3, 2022

Silverblood says using Bitcoin Cash as payment method “makes sense” because it’s part of his income and “it’s less effort than some of the other forms of payment I use.” When programmer Jonathan Silverblood flew to Townsville, Australia from his Finland home for a two-and-a-half-month holiday in August, he had one main task — pay…
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Category: Crypto Payments