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Turkey Updates Cryptocurrency Regulation Amid Payments Ban and Collapsing Exchanges

The Turkish government has updated the country’s cryptocurrency regulation following the banning of cryptocurrencies for payments and failing crypto exchanges. Published in the Official Gazette on Saturday, the new rule adds crypto trading platforms to the list of entities covered by anti-money laundering (AML) and Combating the Financing of Terrorism (CFT) regulations. The Official Gazette […] дальше »

2021-5-3 10:30


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JP Morgan, DBS, Temasek to Develop Blockchain Cross-Border Payment Platform

Sensing the upcoming tectonic shift in the architecture of global payments, DBS, JPMorgan, and Temasek have joined forces to develop a new blockchain-based interbank payments mechanism. Blockchain-Powered Mechanism the Need of the Hour In an official announcement made on April 27, major financial institutions such as DBS Bank, JPMorgan, and Temasek stated that they areRead More дальше »

2021-4-29 23:00


JPMorgan, DBS, and Singapore’s Temasek to Develop Blockchain Payment, Trade, & Settlement Platform

As part of a move to address the challenges with the current interbank settlement structure, JPMorgan Chase & Co. has joined forces with two Asian financial giants. The American giant is teaming up with Temasek Holdings and DBS Holdings to launch a blockchain-based platform to redefine value transmission for trade, payments, and foreign exchange settlement. дальше »

2021-4-28 17:53


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Paypal CEO Says Demand for Cryptocurrencies Is ‘Multiple-Fold’ of Initial Expectations

The CEO of payments giant Paypal, Dan Schulman, has revealed that the demand for cryptocurrencies has been “multiple-fold” of his company’s initial expectations. Paypal’s Venmo recently began rolling out cryptocurrency features to enable Venmo users to buy, sell and hold cryptocurrencies, including bitcoin. дальше »

2021-4-28 03:30


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Camping World Collaborates with BitPay to Accept Bitcoin (BTC) Payments

RV retailer Camping World Holdings has announced its plan to start accepting BTC payments for its products. The move follows the company’s decision to partner with crypto payment platform BitPay. Moreover, the RV product and services provider is now accepting other cryptocurrencies such as ETH and a select group of virtual currencies available in severalRead More дальше »

2021-4-27 11:30


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Leading American Wine Seller to Accept Payments in Bitcoin, Ether, Dogecoin, Others

Major U.S.-based wine seller opens itself up to cryptocurrencies. Acker to Receive Payments in Crypto In yet another development signifying the slow and steady adoption of digital currencies, New York-based wine seller Acker today announced it accepts cryptocurrencies for payment at wine auctions and at its New York retail store. According to the article byRead More дальше »

2021-4-26 17:00


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Google Searches for ‘Bitcoin’ Hits New High in Turkey Following Ban on Crypto Payments

The search for “Bitcoin” on Google has soared to a new all-time high in Turkey following the ban on cryptocurrency payments in the country. A few days ago, the government placed a blanket ban on all use of cryptocurrency for payment in the country, citing concerns over the security of users’ funds. However, the ban […] дальше »

2021-4-25 14:27


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NatWest Bank Refutes Reports of Barring Customers from Dealing in Cryptocurrencies

A commercial bank in the U.K., NatWest, will bar clients who accept crypto payments, the Guardian reported on Apr 21. No Crypto Payment without Background Checks During an online shareholder, Morten Friis—who heads the bank Risk Committee, said cryptocurrencies like Bitcoin were “high risk” and that they were taking a cautious approach. Accordingly, they hadRead More дальше »

2021-4-23 11:01


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Man Offers to Buy 111 Tesla Model 3s if Elon Musk’s Company Accepts Bitcoin Cash for Payments

On April 20, a video stemming from the Youtube channel called “1stmil.com” has the Bitcoin Cash community talking. The host of the channel sitting in a Tesla dealership parking lot explains in his recent video that if Elon Musk gets Tesla to accept bitcoin cash directly for cars, he plans to commit to purchasing 111 […] дальше »

2021-4-22 07:30