Payments – Page 35

Bank of Russia Reports First Successful Digital Ruble Transfers Between Users

Testing of the digital ruble has started in Russia with the country’s central bank announcing the first complete transactions between individual wallets. The monetary authority, a staunch opponent of cryptocurrencies, says its digital currency will create new opportunities for citizens, businesses, and the Russian state. Digital Ruble Transactions Carried Out by Commercial Banks and Bank […]

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Colorado governor says he expects state to accept tax payments in crypto by summer

The governor added that paying taxes in crypto was likely just the first step, with using digital asset payments for certain licenses to follow “within a few months.”

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Fireblocks acquires stablecoin payments platform First Digital

Fireblocks CEO Michael Shaulov said his company wants to “help every business become a crypto business,” referring to their ability to accept digital payments.

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Consumer-merchant mismatch slows down mainstream crypto adoption: Survey

A new Crypto.com survey reveals a huge gap between consumer demand and merchant acceptance for crypto payments.

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Here’s how much digital yuan used at Olympics, according to PBoC

Foreign users tend to use hardware e-CNY wallets more at the Olympics, while domestic users mainly go for software wallets.

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Innovation and experimentation: Spain’s blockchain sector in 2021

Development of the Spanish blockchain and cryptocurrency industries continued apace in 2021.

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Russian Regulators Find Common Ground — Bitcoin Can’t Be Used for Payments

Russian authorities are yet to reach full consensus on the future of cryptocurrencies but government institutions are on the same side of the fence in their intention to ban bitcoin payments. Other operations with digital assets are to be legalized and regulated, representatives of Russian business have revealed. Russian Central Bank, Finance Ministry Agree to […]