Payments – Page 32

Fed Governor Says ‘Blockchain Is Totally Overrated,’ Claims Crypto Is ‘Just Electronic Gold’

The American economist and member of the Federal Reserve Board of Governors, Christopher Waller, believes blockchain technology is “totally overrated,” even though the U.S. central bank “put a lot of resources into understanding digital currencies and the blockchain.” On Friday, Waller spoke during a panel that discussed central bank digital currencies (CBDCs) and said that […]

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Colorado accepts tax payments in crypto: Was it just a matter of time?

Colorado is set to accept tax payments in crypto. To some experts, it’s only a matter of time before other U.S. states follow suit.

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Malaysian deputy finance minister responds to proposal to legalize Bitcoin

Similar to countries like Indonesia, Malaysia has not banned crypto trading but the government doesn’t want to adopt crypto for payments.

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Tax man: India’s new tax policies could prove fatal for crypto industry

India’s crypto tax policy is set to become law on March 24. However, stakeholders believe it could eradicate small-time traders and derail the thriving industry.

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Portsmouth embraces Bitcoin payments for city bills

The mayor reportedly said the City Hall had learned more about cryptocurrencies and blockchain and how to utilize them for improved city services.

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Thailand Adopts Rules Restricting Cryptocurrency Payments From April

Regulators in Thailand have decided to limit the use of cryptocurrencies as a means of payment. The authorities consider the country’s current payment system efficient and insist cryptos would only bring risks for the financial system, economy, people and businesses. Thailand SEC Issues Regulations Limiting Use of Digital Assets for Payments Financial regulators in Thailand […]