payment

Survey: 89% of Visa, Mastercard, Unionpay Users Know Crypto – 53% Have Purchased

4 months ago admin2 Comments Off on Survey: 89% of Visa, Mastercard, Unionpay Users Know Crypto – 53% Have Purchased
News A global study of cryptocurrency purchases made by users of Visa, Mastercard, and Unionpay cards shows that 89% of respondents are knowledgeable about crypto and 53% have purchased some in the past 12 months. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space A Global Study Global payment service provider Worldcore reportedly conducted a Read More

Germany Won’t Tax Cryptocurrencies Used To Make Purchases

6 months ago admin2 Comments Off on Germany Won’t Tax Cryptocurrencies Used To Make Purchases
The German Federal Ministry of Finances considers Bitcoin as tax-exempt so long as it is used as a means of payment, Cointelegraph auf Deutsch reported Thursday, March 1. The German federal authority published its decision to not subject purchases with Bitcoin and other cryptocurrency to taxes on Feb. 27, citing the European Court’s 2015 decision, Read More

Azerbaijan Rejects Crypto as Means of Payment

8 months ago admin2 Comments Off on Azerbaijan Rejects Crypto as Means of Payment
Emerging Markets The chairman of Azerbaijan’s Central Bank (CBA), Elman Rustamov, has described the nation’s position regarding cryptocurrencies as ‘conservative’ according to local reports. Mr. Rustamov stated that the CBA does not recognize cryptocurrencies as a legitimate means of payment and that the central bank intends to develop a “legislative infrastructure” before “introducing technology.” Read More

The UN is using ethereum’s technology to fund food for thousands of refugees

9 months ago admin2 Comments Off on The UN is using ethereum’s technology to fund food for thousands of refugees
Cancún, Mexico The United Nations agency in charge of food aid—often billed as the largest aid organization in the world—is betting that an ethereum-based blockchain technology could be the key to delivering aid efficiently to refugees while slashing the costs of doing so. The agency, known as the World Food Programme (WFP), is the rare Read More