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JPMorgan: Demand for Crypto as Payment Method Has Drastically Declined


Global investment bank JPMorgan is seeing little demand for crypto as a payment method. However, the bank noted that cryptocurrencies are becoming “larger and larger” in the gaming sector, including in the metaverse. JPMorgan Sees Little Demand for Crypto as a Payment Tool The global...

Merchant Crypto Payments: Clever Marketing or Signs of Real Adoption?


Andrey Diyakonov is the Chief Commercial Officer at Choise.com, a MetaFi (CeFi/DeFi) ecosystem based on Crypterium CeFi solutions and Charism DeFi protocol.__________ Earlier this year, all the news about digital assets was about the ongoing crypto winter, the bankruptcy of lenders and other...

Cryptocurrency Exchange Bitso Launches Interoperable QR Payments in Argentina


Bitso, a Mexico-based, Latam-focused cryptocurrency exchange, has launched an initiative that aims to allow Argentines to use crypto for their everyday purchases. The exchange is introducing QR payments directly in its app, which will be interoperable with other platforms already using this method...

Erdogan Suggests Turkish-Russian Payment System, Local Media Reports


Turkish President Recep Tayyip Erdogan is reportedly pushing for Turkey and Russia to establish a new payment system between them. The initiative comes amid U.S. pressure against the use of the Russian Mir cards in Turkey. Some Turkish banks have been working with them to facilitate payments...

Huobi Partners With Astropay to Facilitate Fiat Payments in Latam


Huobi Global, one of the biggest exchanges in volumes traded, has announced a partnership to make it easier for its Latam-based customers to acquire cryptocurrencies. The exchange has allied with Astropay, a payment services platform, to allow customers in Latam to purchase cryptocurrency with fiat...

Utopia Unlocks Anonymous eCommerce Payments at Over 1,800 Stores


Utopia Crypto continues to turn heads in eCommerce as over 1,800 online stores now accept this payment method. Both store owners and consumers will benefit from anonymity and lightning-fast settlement. Utopia is a fully decentralized blockchain-based payment network tackling problems faced...

Ethereum-Based ‘Cryptoruble’ Token Under Development in Russia


Developers are working on a “cryptoruble” that, as they say, can improve Russians’ access to global exchanges and be used for cross-border payments. Defi platform Indefibank, which is behind the project, says the token will be pegged to the national fiat but independent from...

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