Tag Archives: crypto

ECB exclusive: Crypto payments ‘not currently cost effective,’ Amex exec says

The American Express executive said that their firm is bullish on crypto and is actively working to incorporate more crypto-related services in the future.Gonzalo Pérez del Arco, the director of government affairs in South Europe for card payment giant American Express, believes that making payments with crypto is not cost-effective at present. Pérez’s comments came […]

Coinbase, Robinhood Shares Plummet After Binance

robinhood

Binance.US has decided to eliminate any fees on spot trading of several popular crypto assets. The US branch of the major exchange decided that it will no longer charge any fees for the spot trade of BTC to US dollars and three major stable coins: Tether, USDC and Binance USD. In response, the shares of […]

The Best Way to Protect Crypto

The Best Way to Protect Crypto

Whether you’re just beginning to invest in digital assets, or you’ve spent the last decade building up a bitcoin (BTC) stash, the need to assess the security of your holdings is ever present. The surest way to protect your digital assets is to personally store your private keys on something that can’t easily be hacked […]

What Is Cryptocurrency Utility and Why It’s Important for the Development of Crypto Payments

Cryptocurrencies have come a long way in the recent decade, evolving from a marginalized payment method for questionable transactions to publicly traded instruments on the largest global exchanges. Nonetheless, these drastic changes remain insufficient for fulfilling the “currency” function of the crypto. Specifically, cryptocurrencies are far from competing with fiat currencies for becoming the medium […]

Ukrainian crypto and blockchain firms survive despite ongoing conflict

Executives at nonfungible token service provider Finch are planning to open an office in Miami, while many employees of blockchain firm NEAR have gathered in Lisbon. Many Ukraine-based businesses have had to shutter or suspend operations following the outbreak of the conflict with Russia on Feb. 24, but some in the cryptocurrency space have been […]

Russian tax authority proposes using crypto as a foreign trade payment tool

using crypto as a foreign trade payment tool

Russia’s Federal Tax Service (FTS) has joined the debate around crypto regulation in Russia with an unexpectedly blunt proposition — to let Russian companies use digital currencies as a payment method when transacting internationally. On April 20, local newspaper Izvestia reported that the FTS left its official feedback on the draft of the crypto bill […]