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XRPayNet – the World’s Most Diverse Payment Network, Bringing ‘Buy Now, Pay Later’ to the Crypto Industry
10.1.2022
PRESS RELEASE. XRPayNet is a cryptocurrency built on the XRP Ledger, with an upcoming global team focused on one goal: a globally adopted interface and ecosystem for payment settlements that is suitable for stores, businesses, peer to peer transactions and those who sell products and services....
Social Media Giant Wechat to Support China’s CBDC, Platform Expected to Boost Adoption Rate
9.1.2022
China’s social media giant, Wechat has said it will support the digital yuan in a move that is expected to increase the of Chinese residents that use the central bank’s digital currency (CBDC). Wechat’s support of the digital yuan potentially avails the digital currency to...
Crypto Investors in Thailand to Pay 15% Capital Gains Tax, Report Unveils
7.1.2022
Crypto-related profits, such as those resulting from the trading of digital currencies, will be taxed at a rate of 15%, a finance ministry official has revealed to the local press in Thailand. After last year’s significant market growth, the department intends to improve surveillance...
Bividend: Nasdaq-Listed Company to Pay Dividends in Bitcoin at the Option of Shareholders
7.1.2022
A Nasdaq-listed company has announced that shareholders can receive dividends in bitcoin. The company claims to be the first one to pay dividends in the cryptocurrency. ‘First-Ever Dividend Payable in Bitcoin by a Nasdaq-Listed Company’ Blockchain company BTCS Inc. (Nasdaq: BTCS)...
AMC Theatres on Track to Accept Dogecoin and Shiba Inu Payments in Q1, CEO Confirms
7.1.2022
The CEO of the world’s largest movie exhibition company, AMC Entertainment, says his company is on track to accept meme cryptocurrencies dogecoin (DOGE) and shiba inu (SHIB) in the first quarter of this year. Dogecoin and Shiba Inu Coming to AMC Theatres Soon The CEO of AMC Theatres, Adam...
WeChat Pay Interoperability is Another Key Breakthrough for Digital Yuan Pilot
6.1.2022
Payment platform WeChat Pay began its own digital yuan journey, at the time when millions of Chinese citizens are getting their first taste of what life is like with a central bank digital currency (CBDC) – as citizens in some of the country's biggest cities began using a pilot version of a CBDC...
‘Faketoshi’ May Need to Pay More Damages – or Face a Retrial – in New Episode of Kleiman vs. Wright
5.1.2022
The Australian computer scientist Craig Wright – a man who is known to the crypto community as “Faketoshi” due to unproven claims that he's Satoshi Nakamoto – may have to return to court this year....
Read More: ‘Faketoshi’ May Need to Pay More Damages – or Face a Retrial – in New Episode...
CFTC Fines ‘Decentralized’ Prediction Market Platform Polymarket $1.4 Million, Shuts Down Noncompliant Markets
4.1.2022
The U.S. Commodity Futures Trading Commission (CFTC) has ordered a “decentralized” prediction market platform to shut down non-compliant markets and pay a fine of $1.4 million. “Polymarket had been operating an illegal unregistered or non-designated facility for event-based...
Riot Games Reaches $100 Million Settlement In Gender Discrimination Lawsuit
28.12.2021
Back in 2018, former Riot Games employees Melanie McCracken and Melanie McCracken and Jes Negrón filed a class action suit against the League of Legends publishe over endemic gender-based discrimination and fostering a “men-first” environment. A settlement has now been reached.Read more
UAE to Jail Promoters of Fraudulent Cryptocurrency Schemes for Five Years, Offenders to Pay Over $270K in Fines
26.12.2021
Fraudsters promoting online cryptocurrency scams in the United Arab Emirates (UAE) now face a possible five-year jail sentence plus a fine of up to $272,000, according to a report. The new measures, which are set to take effect on January 2, 2022, are part of the government’s effort...
Russian Provinces Free to Make Crypto Miners Pay Higher Electricity Rates, Says Gov’t
24.12.2021
Crypto miners in Russia could be set to pay higher electricity fees in 2022, but the development could allow miners to ply their trade without further scrutiny from energy providers – who may even assist them in setting up their operations in ways that place less strain on local grids....
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Avalanche Adding Fiat Payments via Alchemy Pay (ACH) Integration
24.12.2021
PRESS RELEASE. Avalanche has announced the integration of flexible fiat payment on-ramps on their network, thanks to a new integration with Alchemy Pay. Alchemy Pay is a payment solution that bridges fiat and crypto economies and it will now offer support for Avalanche’s public blockchain’s native...
Stratos Jet Charters Reveals Crypto Payment Acceptance for Flights via FTX Pay
22.12.2021
The Orlando, Florida-based Stratos Jet Charters Inc. has announced the company has partnered with FTX US and the collaboration will make it so Stratos Jet customers can pay for services with crypto payments via FTX Pay. The CEO of Stratos Jet says the company has been in search of a crypto partner...
Crypto Pay on the Rise in South Korea as Commercial Giants Ink Partnership Deals
22.12.2021
South Korean retail chains are embracing crypto- and blockchain-powered payment platforms – and so are their customers, according to new industry data.
Per the Kookmin Ilbo, there has been a 136.6% rise in the number of crypto- and blockchain-powered pay transactions over the course of the past...
CD Projekt Settles Cyberpunk 2077 Lawsuit, Will Pay $1.85 Million
17.12.2021
This time last year a group of investors filed a class-action lawsuit against CD Projekt Red over Cyberpunk 2077's disastrous launch, saying the game was “virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs”.Read more
Twitch's 'Pay-To-Win' Boost Feature Doesn't Actually Help People, Surprising No One
15.12.2021
It seems Twitch’s controversial “pay-to-win” Boost feature is a bust. There was no positive impact for streamers who took part in a test of the Boost feature, according to a data analyst who crunched the numbers. Read more
Thailand Doesn’t Prohibit Crypto Use for Payments but Warns of Price Fluctuation
12.12.2021
Bank of Thailand’s officials say that using cryptocurrency as a means of payment is not illegal. However, they added that users “must be able to accept the risks,” including price fluctuation. Using Crypto to Pay for Goods and Services Is Not Illegal in Thailand Sakkapop...
Florida Governor Ron DeSantis Proposes Creating a Cryptocurrency Payment System for State Fees
11.12.2021
The American politician and attorney serving as the 46th governor of Florida, Ron DeSantis, announced the state’s 2022-23 budget proposal last week and proposed an idea to let businesses pay state fees with crypto assets. The governor’s “Freedom First Budget” suggests...
Florida governor's budget proposal wants to let residents pay fees in crypto
10.12.2021
Florida Governor Ron DeSantis proposed to allocate $750 million to enable a “crypto-friendly Florida.”
Ripple chair's pay-off plan to convince BTC miners to adopt Proof of Stake
10.12.2021
Billionaire Chris Larsen said that miners should view the move away from PoW as “a net positive for their longevity.”