Iran to reportedly pilot central bank digital currency soon
The Central Bank of Iran hinted at a possible CBDC pilot soon without elaborating on the time frame of the program. Go to Source Powered by WPeMatico
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Bitpay Statistics Show the Use of Bitcoin for Payments Is Dwindling
The use of bitcoin as a digital currency for payments has gone down significantly, according to the numbers stemming from Bitpay, one of the leading cryptocurrency payments processors. While most of the purchases were made with bitcoin back in 2020, this dominance has dwindled, opening the space for other tokens and currencies, such as ethereum … Read more
Altcoin Roundup: 3 ways blockchain technology could further mainstream in 2022
The trend of blockchain adoption is set to continue in 2022. Here are three sectors that are likely to pivot toward DLT solutions. Go to Source Powered by WPeMatico
Checkout.com raises $1B in Series D, bringing valuation to $40B
The British payment platform said it will use funds to further crypto payment processing. Go to Source Powered by WPeMatico
Retail is pushing the Bitcoin price up, says Ledger CEO
Cryptocurrency hardware wallet provider Ledger CEO reckons it’s more people trusting Bitcoin that is pushing the price up; Glassnode confirms his suspicion. Go to Source Powered by WPeMatico
Digital Yuan Wallet Ranks Among Most Downloaded Apps in China
The new wallet of China’s state-issued digital currency has quickly become one of the most downloaded applications in the country, within days of its launch. Its use and integration with other apps have contributed to an increase of digital yuan payments, media reports unveil. Wallet Launch Boosts Digital Yuan Ahead of Lunar New Year and … Read more
Ramp expands presence in US with FinCEN regulation
Last August, Ramp became one of only eight crypto firms to secure approval from U.K.’s Financial Conduct Authority. Go to Source Powered by WPeMatico
Iran to Permit Use of Cryptocurrencies in International Settlements, Reports Reveal
Authorities in Iran are preparing to allow the employment of cryptocurrencies for international settlements. According to local media, central bank and government officials have given the green light to adopt a mechanism using digital coins in the field of foreign trade. Businesses in Iran to Be Able to Pay Foreign Partners With Crypto Iranian companies … Read more
Iran to allow crypto payments for international trade: Report
Iran is reportedly looking to unlock opportunities for importers and exporters to use crypto in international deals. Go to Source Powered by WPeMatico
Central bank of Bahrain trials JPMorgan blockchain and token
Bahrain’s central bank initially announced the JPM Coin trial in May 2021. Go to Source Powered by WPeMatico