Bitcoin Lightning Network goes live on Cash App
Cash App mentions that the Lightning Network feature is not available to users located in New York. Go to Source Powered by WPeMatico
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Crypto payment card ‘top priority’ for Binance Ukraine in 2022
A Ukrainian official previously said that local laws do not prohibit people from paying in crypto if it’s converted into fiat. Go to Source Powered by WPeMatico
PayPal stablecoin: What it could mean for payments
PayPal has confirmed it is exploring a stablecoin. Here’s how experts see the potential impact of a PayPal Coin. Go to Source Powered by WPeMatico
SEC approves BSTX for blockchain settlements on traditional markets
BSTX’s SEC approval does not involve crypto trading or any other form of use of blockchain technology. Go to Source Powered by WPeMatico
Staying cool: Is crypto snowballing to 1 billion users this year?
Demographics rule: “Younger people are more likely to embrace crypto than older generations.” Meanwhile, the Great Transfer of Wealth is coming. Go to Source Powered by WPeMatico
Crypto firms ignore Africa at their peril as continent set for major adoption
Experts believe that Africa is primed to lead the next wave of global crypto adoption. Go to Source Powered by WPeMatico
Russian Banks Begin Testing Digital Ruble Payments
Banks in Russia are preparing to dive into the pilot phase of the digital ruble project and some are already testing transactions with the currency. Trials have started with customer-to-customer (C2C) payments and Bank of Russia plans to expand the types of operations in the future. Digital Ruble Pilot Launches With 12 Participating Banks The … Read more
Bulgaria’s finance minister says country is exploring crypto payment options: report
The government official added that he thought Bulgaria was unlikely to become a major hub for crypto miners, many of whom many are reportedly considering leaving Kazakhstan. Go to Source Powered by WPeMatico
Bank of Russia to Monitor Banks’ Dealings With Crypto Exchangers
The Central Bank of Russia has started to examine the operations of Russian banks with cryptocurrency exchangers, according to local media. Transactions between individuals through these platforms are of particular interest as the regulator believes these carry risks of financial losses and fraud. Central Bank Asks Russian Banks for Details on Crypto-Related Transactions In late … Read more
Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, Mining
True to its hardline stance on decentralized digital money, the Central Bank of Russia is now pushing for a wide-ranging ban on crypto-related activities such as issuance, exchange, and mining. A consultation paper published by the regulator cites threats to financial stability and citizens’ wellbeing among the main reasons for the proposed restrictions. Russia’s Central … Read more