Auto Added by WPeMatico

Crypto Trading, Investing Illegal in Iran, Central Bank Governor Reiterates

It is illegal to buy or sell cryptocurrency in Iran, the head of the country’s monetary authority has recently reminded citizens and businesses. The governor noted, however, that mining cryptocurrencies…

Continue ReadingCrypto Trading, Investing Illegal in Iran, Central Bank Governor Reiterates

Bitpay Reveals Prepaid Cardholders Can Get up to 15% Cash Back Rewards via Select Retailers

The Atlanta-based crypto payment services company Bitpay has announced that Bitpay’s prepaid cardholders are eligible for cash back rewards if they use their card with participating retailers. The rewards feature…

Continue ReadingBitpay Reveals Prepaid Cardholders Can Get up to 15% Cash Back Rewards via Select Retailers

Vitalik: Layer-2 scaling will make crypto payments ‘make sense’ again — KBW 2022

“It's a vision that has been, I think, forgotten a little bit and I think one of the reasons why it has been forgotten is basically because it got priced…

Continue ReadingVitalik: Layer-2 scaling will make crypto payments ‘make sense’ again — KBW 2022

Bitpay Adds APE and EUROC Support — Luxury Retail Giant Gucci Accepts Apecoin Payments

On August 2, the Atlanta-based crypto payment services provider Bitpay announced that it has expanded its crypto asset support with two different crypto assets. Bitpay revealed the company has integrated…

Continue ReadingBitpay Adds APE and EUROC Support — Luxury Retail Giant Gucci Accepts Apecoin Payments

Bitwage Partners With Edge Wallet and Casa to Streamline Bitcoin Payroll Services to Mainstream Audiences

The cryptocurrency payroll service Bitwage announced on Monday that the company has partnered with the digital currency wallets Casa and Edge Wallet in order to “bring bitcoin payroll to mainstream…

Continue ReadingBitwage Partners With Edge Wallet and Casa to Streamline Bitcoin Payroll Services to Mainstream Audiences

Putin Signs Law Prohibiting Payments With Digital Assets in Russia

President Vladimir Putin of Russia has signed into law a bill banning payments with digital financial assets. The legislation obliges exchange operators to refuse to process transactions facilitating the use…

Continue ReadingPutin Signs Law Prohibiting Payments With Digital Assets in Russia

Crypto Payments Are Acceptable in Foreign Trade, Russia’s Financial Watchdog Says

Russian financial watchdog Rosfinmonitoring is ready to accept the use of cryptocurrencies in international settlements, the head of the agency, Yuri Chikhanchin, has indicated. The statement adds to growing support…

Continue ReadingCrypto Payments Are Acceptable in Foreign Trade, Russia’s Financial Watchdog Says

Russia’s Finance Ministry Supports Circulation of Stablecoins in Country

The Russian Ministry of Finance is ready to back the legalization of transactions with stablecoins in Russia, according to a high-ranking representative. While the ministry recognizes that cryptocurrencies could lay…

Continue ReadingRussia’s Finance Ministry Supports Circulation of Stablecoins in Country

Russian State Duma Adopts Law Banning Payments With Digital Financial Assets

The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the restriction, exchange operators have been obliged to reject…

Continue ReadingRussian State Duma Adopts Law Banning Payments With Digital Financial Assets