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BNY Mellon’s Asset Management Unit ‘Skeptical’ About Bitcoin’s Ability as a Means of Payment
Insight Investment, which manages about $1 trillion in assets, says the cryptocurrency may not be suitable for most institutional investors due to several issues. The post BNY Mellon’s Asset Management Unit ‘Skeptical’ About Bitcoin’s Ability as a Means of Payment first appeared on BitcoinExchangeGuide. дальше »
2021-7-1 16:20 | |
How To Get a Loan in Tether?
Introduction An increasing number of merchants online are beginning to accept cryptocurrencies as a means of digital payment. There’s plenty to love about it – these digital assets help facilitate efficient, fast, and borderless payments. дальше »
2021-6-30 15:39 | |
BNY Mellon’s Asset Management Unit Doubts Bitcoin (BTC) as Viable Payment Method
A recent Bloomberg report reveals that Insight Investment, a subsidiary of BNY Mellon, is wary about investing in bitcoin (BTC). The global asset manager says it isn’t sure about the long-term merits of the world’s leading cryptocurrency as a means of payment. дальше »
2021-6-30 15:00 | |
Professor Eswar Prasad: Bitcoin’s 3 flaws could spur demand for other cryptos
Apart from its damaging effect on the environment, Bitcoin (BTC/USD) is not as anonymous as generally assumed, and it is not effective as a means of payment, Cornell professor and author of the upcoming book The Future of Money: How the Digital Revolution is Transforming Currencies and Finance Eswar Prasad told CNBC in an interview. дальше »
2021-6-19 18:58 | |
Indonesia’s Central Bank Bans the Use of Crypto as Payment Method
The Bank of Indonesia (BI) has banned the use of cryptocurrency as a means of payment, stating that the payment method is not legitimate in the country. Crypto as Payment Tool Not Legitimate in Indonesia According to Tempo on Tuesday (June 15, 2021), Perry Warjiyo, the governor of the Bank of Indonesia, stated that financialRead More дальше »
2021-6-17 21:00 | |
New Forms Of Digital Money Should Be “Trusted As A Store Of Value & An Accepted Means Of Payment” Says BoE Governor
Amidst the growing digitization, Eurozone citizens have stocked up on banknotes as a safety buffer. Meanwhile, over half of German households are skeptical about a digital euro as “not convinced that it would deliver sufficient added value. дальше »
2021-6-16 18:32 | |
BIS Official Insists Bitcoin Fails Means of Payment Test, Calls El Salvador’s BTC Law ‘Interesting Experiment’
An official at the Bank for International Settlements (BIS) and former member of the executive board of the European Central Bank (ECB), Benoit Coeure, insists that bitcoin has not passed the test of being a means of payment. дальше »
2021-6-11 20:00 | |
Bank of England Proposes Regulation of Stablecoin Use As Payment Means
The Bank of England (BoE) stated that stablecoin payments should receive the same regulations as bank payments, if the former gains widespread adoption. BoE Says Stablecoin Regulatory Framework Necessary in the UK According to Reuters on Monday (June 7, 2021), the BoE in a Discussion Paper, said that it was important to establish regulatory policiesRead More дальше »
2021-6-8 13:00 | |
Teslafan Spearheads Next-Gen AI Marketplace and Partners with ProBit Global
Teslafan’s utility token, TESLF, listed on ProBit Global on May 25, 2021, plays a critical role within the Teslafan platform as the only accepted means of payment. Teslafan spans a sustainability-driven tokenized network, a next-generation artificial intelligence (AI) marketplace, and a diverse community of engineers and investors. дальше »
2021-6-4 10:42 | |
Time to Shake up Bitcoin with RSK-Based New World Utility
Bitcoin is in the middle of a nightmare, with regulatory news and a few of Elon’s words here and there dramatically moving the price of this volatile currency. Bitcoin in its current form cannot be used as a means of payment, the price swings are just too dramatic. дальше »
2021-5-27 16:36 | |
Good News For Bitcoin Bulls As Russian Lawmakers Consider Reversing Ban On Crypto Payments
Russians looking forward to incorporating digital assets like bitcoin into their lives have recently received spectacular news, as the country’s lawmakers are now apparently considering allowing cryptocurrencies to be used as a means of payment. дальше »
2021-5-24 17:34 | |
Russian Lawmakers Move to Allow Crypto Payments Under Contracts
Members of the State Duma are now working on amendments that will permit the use of cryptocurrency as a contractual means of payment. Digital financial assets are regarded as property under Russian law and the changes will legalize crypto payments between parties to a contract. дальше »
2021-5-24 09:00 | |
IOST Blockchain Integrates Japanese Yen Stablecoin JPYA
Decentralized, high-performance smart contract platform IOST is set to witness the launch of the JPYA, a stablecoin pegged to the value of the Japanese Yen. Japanese Yen Stablecoin to Be Issued on IOST Blockchain To foster the increasing application of Japanese Yen stablecoin as a prepaid means of payment, the Platinum Egg team – IOSTRead More дальше »
2021-5-19 19:01 | |
Norwegian Billionaire: Bitcoin Becoming Mainstream Is Inevitable — Elon Musk’s Comments ‘Haven’t Changed Anything’
Norwegian billionaire Kjell Inge Rokke says bitcoin becoming mainstream is inevitable. Unlike Tesla, which stopped accepting cryptocurrency, Rokke’s company is now considering accepting bitcoin as a means of payment, emphasizing that Elon Musk’s comments about the cryptocurrency’s environmental issues have not changed anything. дальше »
2021-5-16 19:00 | |
Software Giant Palantir Joins the Bitcoin Race, Hints At Gigantic BTC Buy
What do Tesla, Time magazine and WeWork have in common? All companies have, in the last three months, announced either a significant investment in cryptocurrency or a newfound acceptance of it as a means of payment from customers. дальше »
2021-5-12 23:26 | |
Visa Ready To Storm Crypto Space ‘In A Very Big Way’, But Is It Snubbing Bitcoin and Ethereum?
Top tier global payment platform, Visa, is set to make a grand entrance into the crypto space with the adoption of only the USD Coin (USDC) as a means of payment and transactions on its platform. The platform over a month ago, made the announcement opting to accept only the USDC as against high-value market-leading […] дальше »
2021-4-29 22:58 | |
Newegg Adds Support for Dogecoin Payment on its Platform
The U.S.-based tech online retailer Newegg is now accepting Dogecoin (DOGE) as payment means on its platform. The recent development comes amid DOGE’s ongoing bull rally. DOGE now on the Newegg Platform In a press release published on Monday (April 19, 2021), Newegg revealed that it was enabling support for DOGE on its platform. TheRead More дальше »
2021-4-21 15:01 | |
Turkey Bans Cryptocurrency Use for Payments as Local Currency Plunges
The Central bank of the Republic of Turkey has issued a cryptocurrency regulation prohibiting the use of cryptocurrencies for payments of goods and services. From the end of this month, crypto assets cannot be used directly or indirectly as a means of payment in the country and no service can be provided for this purpose. […] дальше »
2021-4-17 18:30 | |
Turkey Central Bank to Prohibit the Use of Crypto for Payments
The Central Bank of the Republic of Turkey (CBRT) stated that it would ban the use of cryptocurrency as a means of payment. The upcoming ban comes amid an ongoing inflation crisis in the country. Turkey Bans Crypto Payments The CBRT announced the new legislation via the Resmi Gazete, otherwise known as the Official Gazette,Read More дальше »
2021-4-17 17:00 | |
Bank of Korea Governor Says Crypto as a Payment Option is Limited
The Governor of the Bank of Korea (BOK) Lee Ju-yeol opined that adopting cryptocurrency as a means of payment came with limitations. The statement comes as company behemoths are including crypto as a payment option on their platforms. дальше »
2021-4-17 13:00 | |
Crypto Coin Exchanges And Merchants In 2021
The usability ratio of crypto is increasing by the day. Many institutions, companies, and merchants now accept crypto as means of payment. With the rate at which this increase is moving, it won't be long before crypto becomes the primary payment method. дальше »
2021-3-24 08:20 | |
Bitfinex launches Bitfinex Pay for merchants to accept payments in ETH, BTC
Crypto exchange Bitfinex launched a payment widget dubbed Bitfinex Pay that will aim to provide online merchants with a means of receiving “seamless” digital token payments. Merchants can integThe post Bitfinex launches Bitfinex Pay for merchants to accept payments in ETH, BTC appeared first on AMBCrypto. дальше »
2021-3-3 21:00 | |
Will Bitcoin become a global means of payment?
Citibank analysts are confident that the fate of bitcoin will soon become clear: either there will be a speculative boom, or bitcoin will become the world’s means of settlement. Recent news from Tesla, Mastercard, Square, and Microstrategy are driving widespread adoption of bitcoin, the company said. дальше »
2021-3-2 20:21 | |
“Good For Business”: Uber Opening its Doors to Bitcoin
As Bitcoin continues to see wider acceptance, Uber CEO Dara Khosrowshahi says the company will look into accepting Bitcoin and other cryptocurrencies as means of payment. Asked on CNBC Thursday if the company intends to buy Bitcoin, the CEO said the Uber team has dismissed the idea of buying Bitcoin but will look into the […] дальше »
2021-2-12 12:46 | |
Over 4,000 Merchants Will No Longer Be Able To Utilize Ripple’s XRP For Payments
The European crypto payment processing company CoinGate says it will suspend the use of XRP for payments due to the ongoing legal struggle facing Ripple. The action will bar over 4,000 merchants from accessing the cryptocurrency as a means of payment starting from 15 January 2021. дальше »
2021-1-14 13:35 | |
Miami’s Mayor Considers Putting Some of City’s Treasury Reserves in Bitcoin
Miami Mayor Francis Suarez is exploring putting a percentage of his city’s treasury reserves in bitcoin. Miami is currently working on accepting the cryptocurrency as a means of payment for city services and taxes. дальше »
2021-1-4 05:30 | |
Motorcycle Maker Soriano Motori Partners with Coinbase to Accept Crypto Payments
From flight tickets to real estate deals, cryptos are becoming more readily acceptable as payment means with companies looking to expand their revenue streams. Italian Bike Maker to Accept Bitcoin and Other Crypto “Coins” Soriano announced the acceptance of cryptocurrencies as a payment means for its motorbikes in a press release issued on Dec. дальше »
2020-12-15 20:41 | |
Fidelity Digital Assets Addresses Common Criticisms And Misconceptions On Bitcoin (BTC)
Cryptocurrency critics calling out about the market being in a bubble and oncoming failure for most of these tokens. As the top cryptocurrency, Bitcoin (BTC) has faced multiple criticisms, including its high volatility, environmental concerns, failure as a means of payment, and use in illicit activities. дальше »
2020-11-16 21:06 | |
Akoin Cryptocurrency Launches in Kenya as Pilot for $6 Billion Akon City
The akoin cryptocurrency, created by famous singer and philanthropist Akon, has started trading on a global crypto exchange. It is also being launched as a means of payment in a tech city in Kenya as a pilot for Akon City, the $6 billion futuristic city that is being built in Senegal. дальше »
2020-11-15 00:15 | |
Coinbase enables Bitcoin Payments for U.S passport services
In the global world, digital currencies are gradually taking the center stage as a viable means f payment. And the last few months have seen more adoption of cryptocurrency payment by several merchants across the globe. дальше »
2020-11-14 11:52 | |
BitPay just rolled out a new platform for non-crypto businesses
BitPay, a crypto payment service provider, recently launched a new platform based on blockchain technology. The platform, known as BitPay Send, was meant as a means of sending mass payments for businesses’ employees willing to accept payments in crypto. дальше »
2020-11-14 16:50 | |
Digital Euro Named One of ECB’s Four Strategic Priorities
European Central Bank (ECB) executive board member Fabio Panetta has praised the proposed Digital Euro as “A simple, costless, risk-free, and trusted digital means of payment” that would be universally accepted across the Eurozone. дальше »
2020-10-23 12:17 | |
Bitcoin ‘May Have Extrinsic Value In The Sense That People Want It’ Says BoE Governor
Bank of England (BoE) Governor Andrew Bailey cautioned over the use of Bitcoin as a means of payment on Monday. He said he was “very nervous” about people using the leading digital currency for payments because it has uncertain value. дальше »
2020-10-14 23:07 | |
Cryptocurrency Penetration: Digital Assets Can Be Used by Anyone Anywhere in the World
Coinspeaker Cryptocurrency Penetration: Digital Assets Can Be Used by Anyone Anywhere in the WorldAs the number of businesses that accept digital assets increases, the popularity and usage of cryptocurrency as a valid means of payment will also increase. дальше »
2020-10-13 18:43 | |
Cardano (ADA) might become a way to pay at Shopify stores
Shopify is a very simple and efficient solution to open an online store, and easily integrate a number of payment methods. However, until now, was not really possible to use cryptocurrencies as a means of payment in Shopify stores, directly. дальше »
2020-10-3 13:46 | |
US Company Accepts Bitcoin Payments for Luxury Planes, as $40M Gulfstream Jet Goes on Sale
Aviatrade Inc. , a New Jersey-based aircraft sales company, is now accepting bitcoin as a means of payment for its range of multi-million dollar luxury jets. Philip Rushton, president of Aviatrade, told news. дальше »
2020-9-17 10:00 | |
Bank of England governor dismissed Bitcoin as a means of payment
Cryptocurrencies like Bitcoin don't quite convince Bailey, but he sees a lot of potential for stablecoins.
дальше »2020-9-3 18:27 | |
Russian Bitcoin Ban: Putin Outlaws Crypto as a Payment Means
Crypto as a payment means will become illegal in Russia as from 2021, following the signing of a bill into law by President Vladimir Putin. The move serves as a middle ground between the central bank’s clamor to make crypto transactions illegal and the more moderate wishes of crypto proponents in the country. дальше »
2020-8-1 21:56 | |
Russia Legalizes Cryptocurrencies for Savings and Speculation But Bans Use as Payment
Russian lawmakers passed a bill on Wednesday that gives cryptocurrencies legal status but, at the same time, banned them from being used as a means of payment. Duma, the lower house of parliament, approved the bill on digital financial assets in the third and final reading. дальше »
2020-7-24 18:39 | |
Atari Partners with Litecoin to Bolster Gaming and Cryptocurrency Industries
Gaming industry stalwart Atari has recently announced that it will be partnering with the Litecoin Foundation to use the cryptocurrency as a means of payment. The recent announcement by the Litecoin Foundation stated that it was entering into a multi-faceted partnership with Atari. дальше »
2020-5-20 14:24 | |
Why are Central Banks Interested in Digital Currency
A retail Central Bank Digital Currency (CBDC) would be a digital and universally accessible form of money issued by central banks. Objectives= anticipate the disappearance of cash, create efficient means of payment, and strengthen regulatory controls. дальше »
2020-5-7 14:00 | |
New Bitcoin all-time high coming in September – Morgan Creek co-founder opines
The world is finally cozying up to Bitcoin in a pretty serious way, and that has even been fueled by the current Coronavirus global pandemic that has many central banks encouraging the use of cashless means of payment. дальше »
2020-4-6 17:10 | |
Jack Dorsey’s Square Bank Will Open 2021
Bitcoin advocate and Twitter CEO Jack Dorsey just had his application to launch Square Financial Services Inc. approved by the FDIC. This means that the U. S. financial services and mobile payment company whose cash app allows for payments in bitcoin will soon be able to issue loans to commercial merchants. дальше »
2020-3-19 15:30 | |