New York Assembly introduces crypto payments bill for fines, taxes
The bill clarifies that state agencies can legally agree to accept cryptocurrency payments and that these agreements should be enforced by the courts.
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Crypto-friendly Stripe weighs public offering: Report
In 2021, Stripe raised $600 million from a group of investors at a valuation of $95 billion, making it one of Silicon Valley's most valuable startups.
CBDCs not worth the costs and risks, says former BoE advisor
Tony Yates, the former senior advisor of the Bank of England, argues that CBDCs are not worth the headache.
Bank of Russia Outlines Payment Models With Digital Ruble, Other CBDCs
The Central Bank of Russia has detailed two methods for implementing the digital ruble and other state-backed coins in international settlements. The monetary authority also plans to start testing consumer-to-business…
Russia to begin work on CBDC settlement system in Q1 as sanctions endure: Report
The country’s central bank will begin studying two possible cross-border CBDC settlement models this quarter.
MetaMask removes Wyre from aggregators amid shutdown reports
Wyre was set to be acquired for $1.5 billion by San Francisco e-commerce startup Bolt last year, but the deal was eventually scrapped.
Tribulations and triumphs: The biggest surprises in crypto of 2022
2022 was a challenging year for many crypto companies, but some maintained exemplary performance.
Ukrainian pharmacies enable crypto payments via Binance Pay
Ukraine continues adopting cryptocurrency payments with the Binance crypto exchange amid the ongoing war with Russia.
Italy approves 26% capital gains tax on cryptocurrencies
The Italian Senate approved the new tax rate for crypto trading as part of the budget legislation for 2023.
Central Bank of Turkey Reports First Payment Transactions on Digital Lira Network
The Central Bank of the Republic of Turkey (CBRT) has conducted the first payment transactions on the test network of the digital lira. The monetary authority intends to proceed with…
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