Tag: Payments
Russian businesses are trading in cryptocurrencies despite the absence of regulations, officials admit
Due to their limited access to international finance, Russian businesses have started transacting in cryptocurrencies with their international partners. Even though these are still...
Buenos Aires may use blockchain technology to process payments for social assistance
In order to make social aid payments more transparent, Buenos Aires lawmaker Dario Nieto has proposed a bill that would use blockchain technology to...
Russia’s Financial Watchdog Declares Crypto Payments Acceptable in International Trade
According to Yuri Chikhanchin, the agency's head, the Russian financial watchdog Rosfinmonitoring is prepared to accept the use of cryptocurrencies in cross-border transactions. The...
TokoBitcoin, BitBayar Shut Down Operations After Bank of Indonesia’s Bitcoin Ban
Indonesia-based Bitcoin payment platforms TokoBitcoin and BitBayar have reportedly shut down their operations following the announcement by the country’s central bank, Bank of Indonesia, that it will not...
Mastercard Expands Access to B2B Blockchain Payment Tools
Credit card giant Mastercard is pushing ahead with a set of blockchain payment tools first unveiled last year, opening them up to banks and...
Singapore’s Central Bank Hires Accenture for Blockchain Interbank Payments Prototype
Professional services and consultancy giant Accenture has been appointed by Singapore’s central bank to develop a prototype blockchain solution for interbank payments.
Earlier this month,...