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“# OLB Group enables crypto payments for thousands of US merchants ” OLB Group (OLB), a New York-based e-commerce merchant service provider, is making it easier for businesses to accept cryptocurrency payments. OLB’s more than 8,500 merchants are now able to accept Bitcoin (BTC), Ethereum (ETH), USDC and DAI at the point-of-sale through the company’s…
“# Many pieces of the Diem puzzle still missing as launch gets delayed ” Back in June 2019, social media giant Facebook released the details for a much-talked-about digital currency platform dubbed “Libra.” These days, Libra is known as Diem, with the project undergoing a significant rebranding in a bid to smoothen regulatory wrinkles. A…
“# British art icon Damien Hirst to accept BTC, ETH payments for print run ” Yet another fine art institution is jumping on the crypto bandwagon. British artist Damien Hirst and printmaker HENI Leviathan announced today the release of a print run of 8 Hirst paintings, which will be available for purchase with the cryptocurrencies…
“# MoneyGram suspends Ripple partnership, citing SEC lawsuit ” Global money transfer service MoneyGram says it has officially suspended its partnership with blockchain payments firm Ripple amid the latter’s litigation with the SEC. According to MoneyGram’s quarterly outlook, the company is “not planning for any benefit from Ripple market development fees” for Q1 2021. MoneyGram said…
“# Former BoE, BoC Governor Mark Carney joins Stripe board of directors ” After paving the way for digital currency innovation at the Bank of England, or BoE, Mark Carney has officially joined the board of directors at Stripe — a company that’s committed to building new commerce solutions for the internet. Stripe introduced Carney…
“# Ripple now registered as a Wyoming business ” Blockchain-based payments firm Ripple Labs has now registered a business in Wyoming. According to records from the Wyoming Secretary of State, Ripple Markets WY LLC’s status as a local business is listed as “active” after an initial filing in February 2020. As a limited liability company…
“# Firm in Portugal to accept Bitcoin for electricity bills ” Luzboa, a small energy trading company in Portugal, will soon start accepting Bitcoin (BTC) as payment for electricity. The company’s president Pedro Morais Leitão announced the news to Portuguese publication Expresso on Wednesday, stating that the new payment option should become available this month….
“# Akoin rolled out in $2B medical metropolis in Kenya ” Akoin (AKN), the crypto project developed by Senegalese-American singer Akon, has completed the pilot rollout stage of its deployment in the Mwale Medical and Technology City complex in Kenya. As previously reported by Cointelegraph, the trial phase was launched back in November 2020 at…
“# Swiss canton of Zug starts accepting tax payments in cryptocurrency ” The Swiss canton of Zug now allows its residents to pay taxes in cryptocurrencies like Bitcoin (BTC) and Ether (ETH). Bitcoin Suisse, a local crypto broker that enabled the new opportunity in partnership with the canton, announced Feb. 17 that the crypto payment…
“# Chinese bank tests biometric hardware wallet for digital yuan payments ” China’s large-scale digital yuan testing across several cities continues to gather pace with some financial institution leading the development of hardware wallets for the central bank digital currency. According to news agency Xinhua, the Postal Savings Bank of China has created a biometric…