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Cryptocurrencies could potentially be used by Russia in international settlements. Referring to the statement of the director of the fiscal policy department of the Ministry of Finance on this topic, Ivan Chebeskov
Most Americans see digital assets as an investment, not a means of payment. This is outlined in the Fed’s annual report on US household welfare. According to the document, 12% of adult
Kering-owned premium brand Balenciaga has announced the possibility of paying with cryptocurrencies at its flagship stores in the United States and on an online platform, WWD reported. Initially, the fashion house will
FTX CEO Sam Bankman-Fried has questioned Bitcoin’s ability to become a popular payment system due to the inefficiency and high environmental costs of blockchain. This is reported by the Financial Times. The
Emirates Airlines, one of the world’s largest airlines, has announced the acceptance of bitcoin payments and the launch of an NFT collection. This is reported by local media. At a press conference,
Crypto service-focused payments startup BVNK has closed its $40 million Series A funding round with a valuation of $340 million led by Tiger Global. A round led by Tiger Global Management raised
SBI Motor Japan, part of Japanese conglomerate SBI Holdings, has allowed African customers to pay for used car purchases with bitcoin and XRP tokens. Transactions with cryptocurrencies will be handled by the
Italian fashion house Gucci will launch a pilot project in May to accept payments in digital assets at five US stores. Reported by Vogue Business. In the summer, the experiment will be
Online business financial infrastructure provider Stripe has added support for USDC stablecoin payments on the Polygon blockchain. The first user of the solution will be Twitter. Meet crypto payments: https://t.co/xJnpLmsBKn. pic.twitter.com/PJQ2oTaU7J —
Improving the efficiency of payment systems is the main motivation for central banks in developing countries to explore implementation possibilities. CBDC. This conclusion is contained in a study by the Bank for
