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Julio Velarde, the president of the Central Bank of Peru, attacked the value of cryptocurrencies and referred to negative effects they are said to have on the environment. In a recent interview with local media, Velarde said the Bank did not consider bitcoin a payment method. Instead, Velarde referred to it as a “highly volatile … Read more
If Bitcoin is used for fundraising, is it inevitably tarred by the cause to which it’s been linked, like anti-vax truckers? Go to Source Powered by WPeMatico
Users will still need to provide a full Ethereum address however as ENS domains have not yet been integrated. Go to Source Powered by WPeMatico
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 … Read more
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.” Go to Source Powered by WPeMatico
Fireblocks CEO Michael Shaulov said his company wants to “help every business become a crypto business,” referring to their ability to accept digital payments. Go to Source Powered by WPeMatico
A new Crypto.com survey reveals a huge gap between consumer demand and merchant acceptance for crypto payments. Go to Source Powered by WPeMatico
Foreign users tend to use hardware e-CNY wallets more at the Olympics, while domestic users mainly go for software wallets. Go to Source Powered by WPeMatico
Development of the Spanish blockchain and cryptocurrency industries continued apace in 2021. Go to Source Powered by WPeMatico
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 … Read more
