Auto Added by WPeMatico

Provision Allowing Cryptocurrency Payments in Foreign Trade Added to Russian Bill

A proposal to permit companies to use cryptocurrency in cross-border settlements has made its way to a draft law designed to regulate Russia’s crypto space this year. According to a…

Continue ReadingProvision Allowing Cryptocurrency Payments in Foreign Trade Added to Russian Bill

Swiss Watchmaker TAG Heuer Now Accepts Cryptocurrency in US

Luxury watch manufacturer TAG Heuer announced it’s introducing online cryptocurrency payments for customers in the United States. The Swiss company provides the new payment option through a partnership with crypto…

Continue ReadingSwiss Watchmaker TAG Heuer Now Accepts Cryptocurrency in US

Moody’s: Cryptocurrencies Unlikely to Help Russia Evade Sanctions

Russia’s ability to employ cryptocurrencies to circumvent international sanctions is restricted by the limited size of the crypto market, according to Moody’s. Despite increased use in small transactions, low liquidity…

Continue ReadingMoody’s: Cryptocurrencies Unlikely to Help Russia Evade Sanctions

Gucci the latest luxury brand to accept crypto payments in store

Gucci’s past efforts into Web3 have culminated with the brand accepting 12 cryptocurrencies at a few select stores, with a wider rollout planned for the future.

Continue ReadingGucci the latest luxury brand to accept crypto payments in store

Finance School Bentley University Now Accepts Cryptocurrency Payments for Tuition

Bentley University, the private university located in Waltham, Massachusetts, has revealed it now accepts digital currencies for tuition payments. Bentley University’s president explained that the school has been “at the…

Continue ReadingFinance School Bentley University Now Accepts Cryptocurrency Payments for Tuition

Illegal Use of Cryptocurrency Largely a Myth, Russian Lawmaker Says

Only a small share of cryptocurrency transactions have illicit purposes and the use of digital coins in illegal activities is for the most part a myth, a high-ranking Russian lawmaker…

Continue ReadingIllegal Use of Cryptocurrency Largely a Myth, Russian Lawmaker Says

Colorful billionaire’s Dubai real estate firm now accepts BTC and ETH

“Offering yet another transactional mode is exciting, and we are glad to recognize the value this technology brings to our customers,” said DAMAC Properties’ general manager of operations Ali Sajwani

Continue ReadingColorful billionaire’s Dubai real estate firm now accepts BTC and ETH

Bill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments

Russia’s recently revised bill “On Digital Currency” limits crypto purchases for non-qualified investors while providing legal ground for some cryptocurrency payments, according to local media. The draft law, proposed by…

Continue ReadingBill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments