e-commerce – Page 2

Report: Nigerian Finance Bill Has Provisions Allowing Govt to Tax Crypto Transactions

A Nigerian finance bill, which seeks to amend the country’s various tax statutes, contains provisions which allow the government to tax cryptocurrency and other digital asset transactions, a report has said. Nigeria is reportedly seeking to join six other countries, including two from Africa, which already levy taxes on digital asset transactions. Extracting More Revenue […]

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Chinese court says NFTs are virtual property protected by law

The court said NFTs are “unique digital assets” that “belong to the category of virtual property” in a case where it had to confirm the legal attributes of NFTs.

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Shopify users get their hands on Tezos NFTs with new partnership

Tezos NFT ecosystem gained a lot of traction over the past year due to its low cost of minting and energy efficiency.

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Shoppers in India can now order a sneaker in Metaverse for a week

Indian e-commerce giant Flipkart partnered with Polygon-incubated organization eDAO to launch a virtual shopping world in the metaverse.

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Indian Commerce Giant Flipkart Will Allow Customers to Purchase Items in the Metaverse

Flipkart, the Walmart-backed Indian e-commerce giant, has launched a pilot to allow its customers to experience making purchases in a metaverse environment. The company announced the launch of its own metaverse, called Flipverse, in which several brands will be able to offer their own shopping experiences. Flipkart to Launch Flipverse: A Metaverse of Purchases Flipkart, […]

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Shopify partners with Novel to deliver accessible Web3 for merchants

Novel can deploy smart contracts over the NFT collections and make them available to users for purchases on the Shopify storefront.

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Dubai Luxury Hotel Palazzo Versace Allows Guests to Pay in Crypto

Guests staying at Palazzo Versace Dubai have, since September 7, had an option to settle payment for services rendered via cryptocurrency. The hotel also plans to add the crypto payment option to its e-commerce platforms to enable guests to pay for gift vouchers using digital currencies. Cryptocurrency Infrastructure Provider A luxury hotel based in Dubai, […]

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Nigerian Central Bank Slashes CBDC Transaction Fees by 50%

The Central Bank of Nigeria has said it is slashing transaction fees for the e-naira platform by 50% — a move which the bank claims will increase the volume of transactions on the central bank digital currency (CBDC) platform. The central bank also believes that wider adoption of the CBDC will bolster Nigeria’s cross-border trade […]

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