Reports: Crypto Is at the Forefront of the Side Job Economy for Argentines

Reports: Crypto Is at the Forefront of the Side Job Economy for ArgentinesArgentines are increasingly turning to online side jobs to have an additional crypto-based income. According to the local press, students who have lower incomes and are affected by the adverse conditions of the national economy, are the ones who are commonly getting into these jobs with foreign companies or platforms that pay in crypto. Argentines […]

Go to Source

Wealthy London Residents Reportedly Use Cryptocurrency for High-End Property Rent Payments

Some of London’s wealthy residents are reportedly using cryptocurrency to pay for luxury home rentals. High interest rates and a dampened real estate market have led the city’s affluent residents to opt against buying properties. The acceptance of payment in cryptocurrency demonstrates the real estate agency’s openness and its eagerness to become “a leader within […]

Go to Source

Reddit Embraces Crypto: IPO Filing Reveals Bitcoin, Ether Investments

Reddit Embraces Crypto: IPO Filing Reveals Bitcoin, Ether InvestmentsReddit Inc. has disclosed cryptocurrency investments in its initial public offering (IPO) filing with the U.S. Securities and Exchange Commission (SEC). The social media giant noted that as of the end of December last year, “we did not hold digital assets other than bitcoin and ether for treasury purposes, and our investment policy requires approval […]

Go to Source

Coinbase Commerce Ditches Support for Bitcoin Payments Using Self-Custody Wallets

Coinbase Commerce Ditches Support for Bitcoin Payments Using Self-Custody WalletsCoinbase Commerce, the cryptocurrency payments solution of U.S.-based exchange Coinbase, has removed support for bitcoin payments using self-custody wallets. Brian Armstrong, CEO of the exchange, clarified it maintains support for payments from UTXO-based chains from Coinbase accounts. However, Commerce will focus on supporting ERC-20 tokens on layer 2 protocols, like Base and Polygon. Coinbase Commerce […]

Go to Source

Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says

Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official SaysRussian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian companies are already using digital assets in cross-border settlements, the official noted. Russian Legislature to Vote on Crypto Laws by End of July The State Duma, the lower house of […]

Go to Source

Powered by WPeMatico

Iran Sets Up Platform to Facilitate Crypto Payments for Imports

Iran Sets Up Platform to Facilitate Crypto Payments for ImportsAuthorities in Iran are taking steps to make crypto payments easier for companies importing goods in the sanctioned country. A dedicated platform has been established to allow local businesses to transfer cryptocurrency for the purpose of cross-border settlements. Iran to Use Cryptocurrencies for Imports, Trade Organization Chief Vows Iranian companies will be able pay for […]

Go to Source

Powered by WPeMatico