Push to Use National Currencies in SCO Cannot Be Stopped, Russia’s Lavrov Says
Efforts to transition to trade in national currencies in the Shanghai Cooperation Organization (SCO) can no longer be stopped, according to Russian Foreign Minister Sergey Lavrov. During a meeting with…
The Business Case For Implementing Bitcoin’s Lightning Network
While still a relatively-new technology, the Bitcoin Lightning Network offers distinct advantages for a wide range of business operations. This is an opinion editorial by Matt Maraia, a CPA focused…
Iran Sets Up Platform to Facilitate Crypto Payments for Imports
Authorities in Iran are taking steps to make crypto payments easier for companies importing goods in the sanctioned country. A dedicated platform has been established to allow local businesses to…
Paypal Upgrades Crypto Services to 60 Million Venmo Users, Allowing Transfers to External Wallets and Exchanges
After the American financial technology giant Paypal rolled out crypto payments last year, the company is now introducing cryptocurrency transfer services to Venmo users. The firm detailed that Venmo customers…
ECB’s Panetta Reinforces Digital Euro Focus on Payments
Fabio Panetta, a member of the executive board of the European Central Bank (ECB), announced the digital euro project was entering its final phase. Before the committee on economic and…
North Carolina House Introduces Bill That Would Prohibit Payment To The State In Bitcoin
House Bill 690, “No Cryptocurrency Payments to State,” would stop citizens of North Carolina from paying the state using bitcoin. The General Assembly of North Carolina has introduced a bill…
Russia Developing Payment Gateways With Partners Like Turkey, Mulling Crypto Settlements
Bank of Russia is building a system of gateways with foreign payment networks and is now working with Turkey in this field. Russia’s monetary authority would also allow the experimental…
Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils
Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to…
Ralph Lauren Partners With BitPay To Accept Bitcoin Payments At New Miami Store
American fashion giant Ralph Lauren will now accept sound money for clothing at a store in Florida. Famous American fashion brand Ralph Lauren has partnered with BitPay to accept bitcoin…