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BTC and Altcoin Pay is Growing Fast, Says Crypto Payment Firm BitPay
27.8.2020
Source: Adobe/Wit (edited by Cryptonews)
Atlanta-based crypto pay service provider BitPay says that bitcoin (BTC) and altcoin payments are on the rise – with the number of transactions on its platform growing by 4.6% in June.
Per data released by the firm, 107,000 crypto pay transactions were...
Voyager to Pay Interest on DeFi Tokens to Gain Brokerage Clients
27.8.2020
Chainlink, Kyber Network and Basic Attention Token bring Voyager's interest program to 17
IMF Publishes Cryptocurrency Explainer, Saying It ‘Could Be the Next Step in the Evolution of Money’
24.8.2020
The International Monetary Fund (IMF) has published a video explaining what cryptocurrency is. Besides suggesting that cryptocurrency could “completely change the way we sell, buy, save, invest, and pay our bills,” the video states that it “could be the next step in the evolution...
MetaMask Updates User License, Some Users Need to Pay Fee
23.8.2020
Nothing in life is free
Major EOS Block Explorer Bloks.io Acquired by Metal Pay
21.8.2020
EOSIO explorer Bloks.io now belongs to another firm
Uber Exec Allegedly Concealed 2016 Hack With $100K BTC ‘Bug Bounty’ Pay-Off
21.8.2020
A former CSO is accused of trying to conceal Uber’s involvement in a 2016 data breach by paying the hackers $100K in Bitcoin
Bulgarian Startup Will Pay You Bitcoin When Your Flight Is Delayed
19.8.2020
The Colibra app is providing a means for air travelers delayed for any reason to receive compensation in crypto
Russian Lawmaker: Crypto Pay Could ‘Destroy the Financial System’
15.8.2020
The chief architect of Russia’s crypto regulations has defended a new Russian law that outlaws payment in bitcoin (BTC) and altcoins – claiming that a failure to do so could have spelled the end for the ruble-powered Russian financial system.
The comments were made by the head of the parliamentary...
Craig Wright Won't Need to Pay Hodlnaut $60K Until Appeal Is Over, Says Counsel
14.8.2020
Craig Wright will not pay legal costs for a suit against Hodlonaut until a Supreme Court appeal is decided
Attorney Ordered to Pay Out $5.2M for Bitcoin Escrow Mishap
14.8.2020
The New York attorney released the funds without authorization and lost investment firm Benthos Master Fund $4.6 million intended for a bitcoin purchase deal
Attorney Ordered to Pay $5.2M for Releasing Bitcoin Funds From Escrow
14.8.2020
A NYC attorney has been ordered to pay a crypto investment firm more than $5M after prematurely releasing most of its funds set aside to buy Bitcoin
Why It’s Time to Pay Attention to Mexico’s Booming Crypto Market
13.8.2020
In a trend that is largely unnoticed outside of the country, Mexico is embracing cryptocurrency at a breakneck speed
Craig Wright Apparently in No Hurry to Pay $60K for Failed Suit
13.8.2020
According to the Norwegian Hodlnaut, it seems that Wright is ignoring his legal obligations following a failed legal battle
South Korean’s Silicon Valley Turns to Blockchain-powered Pay
11.8.2020
Seongnam, a major satellite city on the outskirts of the capital Seoul, South Korea, is set to expand its blockchain-powered payment program with a new digital gift certificate issuance project.
The new platform will make use of an app called Chak, and will be built by the Korea Minting...
Interactive Brokers to Pay $38M in Settlement Over AML Lapses
10.8.2020
Publicly traded brokerage firm Interactive Brokers has agreed to pay multi-million dollar penalties to the SEC, FINRA and CFTC for failure to flag suspicious transactions and lapses in AML compliance
South Korean Beachgoers Can Now Use Bitcoin to Pay for Services
9.8.2020
The Haeundae Beach System in Busan is part of a pilot project that aims to offer crypto payment solutions to beachgoers in the summertime
New Kenyan Digital Tax to Affect Crypto Platforms
8.8.2020
Kenya Revenue Authority (KRA) has announced new regulations that compel users of digital marketplaces to pay digital tax. At a rate of 1.5% on gross transaction value, the new tax is expected to take effect on Jan. 1, 2021. According to a report, the KRA will create a special tax unit to track...
Tourist Hotspot’s Bitcoin, Ether, Altcoin Pay Pilot in Full Swing
7.8.2020
Haeundae beach. The company behind a crypto pay pilot program at two of South Korea’s busiest beaches said that it believes token-powered payments could be set to change the way people in the country pay for goods and services.
As previously reported, the pilot project is being run by...
Blockchain-based Pay’s the Way for South Korean Highways
7.8.2020
Blockchain-powered payments are coming to South Korea’s highways – with the nation’s motorway operator sealing a deal that will see it use blockchain technology to power toll payments across the country before the end of the year.
Per D Daily, KEB Hana Bank, one of the nation’s biggest commercial...
Russian Lawyers Warn E-pay Laws May Have Knock-on Effects for Bitcoin
4.8.2020
A new Russian law banning anonymous fiat deposits in e-pay wallets like PayPal may have an effect on crypto users, legal experts in the country have warned.
A new law governing digital payment systems came into force in Russia on August 3. The law forces operators such as PayPal and domestic rivals...