PR Specialists in the Russian Crypto Space Paid 10x the Average Salary

PR Specialists in the Russian Crypto Space Paid 10x the Average SalaryAround 70,000 people are currently employed in the young and growing crypto industry in the Russian Federation. The average salary in the space has fallen by 40 percent this year, along with cryptocurrency prices. Nevertheless, the monthly remuneration for certain skills remains very high for Russian standards.   Also read Three Russian Universities Add Crypto […]

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Stripe Founders Discuss Decision to Drop BTC Payment Services

Stripe Founders Discuss Decision to Drop BTC Payment ServicesThe co-founders of Stripe, brothers Patrick and John Collison, recently discussed the company’s decision to no longer support bitcoin payments, and expressed a willingness to reverse this decision in future. Also Read: Bitcoin Ownership: Your Private Keys to Financial Sovereignty Declining Use of BTC as Means of Payment In a recent interview with Bloomberg, Stripe co-founders […]

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Survey: 89% of Visa, Mastercard, Unionpay Users Know Crypto – 53% Have Purchased

Survey: 89% of Visa, Mastercard, Unionpay Users Know Crypto - 53% Have PurchasedA global study of cryptocurrency purchases made by users of Visa, Mastercard, and Unionpay cards shows that 89% of respondents are knowledgeable about crypto and 53% have purchased some in the past 12 months. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space A Global Study Global payment service provider Worldcore reportedly conducted a study […]

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Russia Drafts Law to Criminalize the Use of Cryptocurrencies as Money

Russia Drafts Law to Criminalize the Use of Cryptocurrencies as MoneyThe Russian Ministry of Finance is drafting a law to criminalize the use of cryptocurrencies as money substitutes. The Bank of Russia and the finance ministry have previously opposed the use of cryptocurrency in this way, citing that only rubles can be used for payments of goods and services in Russia. Also read: Indians Look to […]

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Court Will Not Seize Crypto as Debt Payment from Bankrupt Citizen in Russia

Court Will Not Seize Crypto as Debt Payment from Bankrupt Citizen in RussiaThe Moscow bankruptcy court has ruled that cryptocurrencies of a bankrupt debtor will not be seized to pay his creditors. The trustee for the case has failed to convince the judge to include the debtor’s cryptocurrencies in the bankruptcy estate. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Court Rejects Crypto in Bankruptcy […]

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Amelie Arras Prepares to Defend Bitcoin’s Title at Money 20/20 Asia Race

Amelie Arras Prepares to Defend Bitcoin's Title at Money 20/20 Asia RaceIt has been announced that the Marketing Director of Adastra Marketing, Amelie Arras, will look to defend bitcoin’s crown in the upcoming Money20/20 Asia Payments Race. Mrs. Arras is hoping to repeat her performance from last year, where she defeated four other participants to claim victory for bitcoin in the Money20/20 USA Payments Race. Also […]

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Maduro Asks Venezuela’s Banks to Mine and Use Cryptocurrency – Unions Outraged

Maduro Asks Venezuela's Banks to Mine and Use Cryptocurrency - Unions OutragedVenezuela’s president Nicolas Maduro has authorized all savings banks in the country to mine and use the recently launched national cryptocurrency, the petro. Union leaders are outraged by the suggestion, calling the petro a scam, accusing Maduro of abusing his power, and declaring the idea unconstitutional. Also read: Indians Look to Buy Bitcoin Overseas as Regulations […]

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India’s Tax Department Issues Notices to 100,000 Crypto Investors

India's Tax Department Issues Notices to 100,000 Crypto InvestorsIndia’s Income Tax Department recently announced that it has issued notices to 100,000 cryptocurrency investors. The announcement came in light of government surveys into the operations of multiple leading Indian exchanges that have revealed widespread tax evasion on the part of India’s cryptocurrency traders. Also Read: India’s Finance Minister Confirms Crypto Not Recognized as Legal Tender, […]

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