Auto Added by WPeMatico

Dubai Luxury Hotel Palazzo Versace Allows Guests to Pay in Crypto

Guests staying at Palazzo Versace Dubai have, since September 7, had an option to settle payment for services rendered via cryptocurrency. The hotel also plans to add the crypto payment…

Continue ReadingDubai Luxury Hotel Palazzo Versace Allows Guests to Pay in Crypto

Central Bank of China Calls for Increasing Use of Digital Yuan

The People’s Bank of China has urged for widening of the array of use-case scenarios for its central bank digital currency. The monetary authority believes that deeper interconnection with traditional…

Continue ReadingCentral Bank of China Calls for Increasing Use of Digital Yuan

Russia’s Tech Giant Rostec to Test Digital Asset Payments in International Trade

Russia’s leading technology company, Rostec, is working on a project to integrate digital assets into cross-border trade. The state-owned corporation says the market is interested in cryptocurrency payments which can…

Continue ReadingRussia’s Tech Giant Rostec to Test Digital Asset Payments in International Trade

Nigerian Blockchain Startup Bitmama Closes $2 Million Pre-Seed Round

After raising $1.65 million via a pre-seed extension, Bitmama, a Nigeria-based blockchain startup, has now closed its pre-seed funding round at $2 million, a report has said. Leading the funding…

Continue ReadingNigerian Blockchain Startup Bitmama Closes $2 Million Pre-Seed Round

Payments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre

California-based online payments company Bolt is pulling out of an agreement to buy crypto provider Wyre. The news of the scrapped deal, which was agreed to earlier this year, comes…

Continue ReadingPayments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of…

Continue ReadingChina to Crack Down on Copyright Infringement Through NFTs