MUFG drops blockchain payment project to focus on stablecoins
Established in 2019, MUFG’s blockchain payments project GO-Net Japan is shutting down due to low expected profitability. Go to Source Powered by WPeMatico
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How are Afghans using crypto under the Taliban government?
Afghans have shown great interest in cryptocurrencies and some are using them to avoid U.S. sanctions and get paid from other countries. Go to Source Powered by WPeMatico
CA lawmaker introduces legislation to accept crypto as payment for govt services
Politicians seeking to represent California at the state or federal level have made proposals seemingly favorable to crypto adoption. Go to Source Powered by WPeMatico
President of Central Bank of Peru Criticizes Crypto, Citing Lack of Intrinsic Value and Climate Change
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
Bitcoin at the barricades: Ottawa, Ukraine and beyond
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
Twitter enables users to give and receive Ethereum tips natively
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
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 … Read more
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.” Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico