Payments – Page 24

Crypto Payments Are Acceptable in Foreign Trade, Russia’s Financial Watchdog Says

Russian financial watchdog Rosfinmonitoring is ready to accept the use of cryptocurrencies in international settlements, the head of the agency, Yuri Chikhanchin, has indicated. The statement adds to growing support for the legalization of international crypto payments in Russia amid financial restrictions imposed over its invasion of Ukraine. Top Financial Regulator in Russia Welcomes International […]

Go to Source

VC Roundup: ‘Web5,’ Metaverse sports and Bitcoin monetization startups generate buzz

PolySign, Mash, Floor, Euler, Trinsic, KYVE and Atmos Labs headline the latest funding deals from the world of blockchain and cryptocurrency.

Go to Source

Russia’s Finance Ministry Supports Circulation of Stablecoins in Country

The Russian Ministry of Finance is ready to back the legalization of transactions with stablecoins in Russia, according to a high-ranking representative. While the ministry recognizes that cryptocurrencies could lay the ground for a new financial system, the department is unsure if it will be better than the current one. Russia’s Minfin Open to Legalizing […]

Go to Source

5 events that could put an end to the current crypto bear market

Crypto bear markets are rough, but there are five moonshot events that could turn the ship around.

Go to Source

EU-regulated firm Banking Circle adopts USDC stablecoin

Banking Circle was launched in 2016 with a mission to help payments businesses reach new global markets, avoiding the burdens of traditional banking.

Go to Source

Russian State Duma Adopts Law Banning Payments With Digital Financial Assets

The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the restriction, exchange operators have been obliged to reject transactions which make it possible to employ these assets as a means of payment. Russian Parliament Approves Legislation Preventing Digital Financial Asset Payments The majority […]

Go to Source

Satoshi milkshake experiment shows kids can HODL Bitcoin too

The famous Stanford Marshmallow Experiment takes the orange pill during a study of 25 school kids on the Isle of Man.

Go to Source

High-ranking crime fighter to join UK’s FCA as payments and digital assets director

The Financial Conduct Authority is introducing the post of digital assets director as part of a hiring spree that goes along with its new, more assertive strategy.

Go to Source

Mastercard Report: 51% of Survey Respondents Have Completed a Cryptocurrency Transaction in Latam

A new report issued by Mastercard, the payment processing giant, has found that most consumers in Latam have knowledge of what cryptocurrency is. The report states that more than half of the consumers in Latam have at least made a transaction involving cryptocurrency. Also, a third of the surveyed declared having used a stablecoin to […]

Go to Source

Reports Claim Russia Defaulted on Foreign Debt for the First Time in a Century, Kremlin Disagrees and Says It Paid

According to reports, the Russian Federation has defaulted on its foreign debt for the first time since 1918. Bondholders told the press that they had not received payments from the transcontinental country. However, Russia’s finance ministry denies the allegations and says the country made the payments via the Euroclear monetary system. Russia Is Accused of […]

Go to Source