Category: Transactions

Auto Added by WPeMatico

Australia Crypto Merchant Trade Sets $74K Monthly Record With BCH Capturing 97%

Australia Crypto Merchant Trade Sets Monthly Record at $74K With BCH Capturing 97% of Spending, Report DetailsCryptocurrency payments in Australia, which have been growing in volume in the past few years, have recently scored another record. Crypto-based merchant trade across the country reached almost $74,000 in February according to a new report. Bitcoin cash has by far the largest share in retail crypto spending and transactions among coins accepted by Australian […]

The post Australia Crypto Merchant Trade Sets $74K Monthly Record With BCH Capturing 97% appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Shopify Joins Libra While Quitter Vodafone Advertises Bitcoin on Facebook

Shopify Joins Libra While Quitter Vodafone Advertises Bitcoin on FacebookFacebook’s coin project, Libra, continues to draw attention despite setbacks, including a shrinking pool of backers and a growing number of worried regulators. But now with JP Morgan seeing potential for the social network’s cryptocurrency and e-commerce giant Shopify joining the Libra Association, its chances might have improved. Although, assuring governments that Libra won’t undermine […]

The post Shopify Joins Libra While Quitter Vodafone Advertises Bitcoin on Facebook appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Tax Rules Hit Brazilian Crypto Exchanges, Forcing Trading Platforms Acesso Bitcoin and Latoex Out of Business

Tax Rules Hit Brazilian Crypto Exchanges, Forcing Trading Platforms Acesso Bitcoin and Latoex Out of BusinessTax regulations implemented even before dedicated legislation has been adopted have hit Brazilian cryptocurrency exchanges. Digital asset brokers failing to comply with the new reporting requirements face fines and the stricter rules are hurting smaller platforms, which are shutting down due to dwindling trading volumes. Also read: Tax Agents ‘Confiscate’ Bitcoin From Criminal but Keep […]

The post Tax Rules Hit Brazilian Crypto Exchanges, Forcing Trading Platforms Acesso Bitcoin and Latoex Out of Business appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Digital Remittances Reach Record High of $96 Billion, Fees Charged by Traditional Providers Open Door for Cryptocurrencies

Digital Remittances Reach Record High of $96 Billion, Fees Charged by Traditional Providers Open Door for CryptocurrenciesIn a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users. Traditional providers like banks and money transfer companies have been charging high fees for their services which creates opportunities for alternative digital platforms and decentralized cryptocurrencies. Also read: Russians Can Use Qiwi, Sberbank, Yandex Money […]

The post Digital Remittances Reach Record High of $96 Billion, Fees Charged by Traditional Providers Open Door for Cryptocurrencies appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico