DBS wins regulatory approval in Singapore for crypto payment services
Starting next Monday, DBS Bank’s crypto exchange will start operating, allowing institutional investors to trade Bitcoin. Go to Source Powered by WPeMatico
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Digital insurer Metromile follows through with $1M Bitcoin purchase
In May, the company said it intended to allocate $10 million towards Bitcoin in the second quarter of 2021. Go to Source Powered by WPeMatico
Circle plans to become a full-reserve national digital currency bank
Circle is willing to operate under supervision of the Federal Reserve, the U.S. Treasury, the OCC, and the FDIC, CEO Jeremy Allaire said. Go to Source Powered by WPeMatico
Ukrainians to Trade and Spend Cryptocurrencies Legally, Digital Ministry Says
Residents of Ukraine will be able to legally keep, exchange, and spend cryptocurrencies once the new virtual assets law is adopted. The legislation will comprehensively regulate the crypto space, possibly lower taxes for Ukrainians and create conditions for new services, a government official revealed. New Regulations to Create Market for Crypto Services for Ukrainians Ukrainians … Read more
New bill in Ukraine to allow payments in cryptocurrency, says official
The deputy minister of Ukraine’s Ministry of Digital Transformation believes that crypto payments will be allowed in Ukraine similarly to payments deriving from the U.S. dollar. Go to Source Powered by WPeMatico
Cambodia explores cross-border transactions of CBDC-like Bakong
Launched in late 2020, Cambodia’s digital money project Bakong reached 200,000 users in June, doubling from three months earlier. Go to Source Powered by WPeMatico
Xiaomi retailer in Portugal now accepts Bitcoin payments
The official Portuguese shop of Chinese electronics giant Xiaomi has partnered with Utrust to unlock payments in five cryptocurrencies. Go to Source Powered by WPeMatico
Cryptocurrency Gaining Mainstream Interest as Payment Option: Report
Cryptocurrency is gaining mainstream traction among consumers who want to use it for purchases, according to a new report. Out of more than 8,000 U.S. consumers surveyed, 93% of crypto users would make purchases with cryptocurrency in the future. Growing Number of People Want to Pay With Cryptocurrencies A new report titled “The Cryptocurrency Payments … Read more
New Spanish bill aims to enable mortgage payments in crypto
The draft bill intends to allow property owners to pay mortgages with crypto and authorize the real estate sector to use their own crypto for mortgage purchases in Spain. Go to Source Powered by WPeMatico
Binance to bring Bitcoin payments to Shopify via new partnership
Binance Pay users will be able to pay across merchants of Alchemy Pay’s partners, including e-commerce giant Shopify and software technology firm Arcadier. Go to Source Powered by WPeMatico
