Crypto Self-Regulation Deemed Likely in South Africa

A “self-regulatory approach” has been mentioned as a likely solution for the South African crypto sector. A non-government body could adopt rules and implement industry standards. The central bank in Pretoria is expected to formulate the policy framework. Also read: Steps towards Self-Regulation in Croatia and Slovenia Premature Regulation Throttles Growth The South African Reserve … Read more

The Challenges Bitcoin Must Overcome to Become a Global Currency

Bitcoin is a cryptocurrency that has become popular all over the world, but we can’t forget its early days. From the inception of Bitcoin, it’s been more like an experiment in a distributed currency and a target for online hackers. But right now, it has become a multi-billion dollar digital asset which is widely known, thus making … Read more

Russian Hotels to Surprise World Cup Fans with Bitcoin Payments

Football Fans will be able to pay with bitcoin for their accommodation when they visit Russia for this year’s World Cup. Hotels in Kaliningrad, expecting guests from eight countries, are partnering with a local payment provider to offer the service. Booking a room for the day when England plays Belgium will cost approx. $300 in … Read more

Germany’s Tourism Board Accepts Bitcoin Payments

The German National Tourism Board has announced that it accepts cryptocurrencies such as bitcoin for its services. The organization promotes German travel destinations with offices in 32 countries around the world. GNTB also intends to implement blockchain technologies in its finances. “We want to be a global innovation driver in the tourism industry,” its chairperson … Read more

Bitpay Bans Payments to Merchants of Explicit Content, Cloud-Mining and Gambling

Bitcoin was originally created to free people’s money from the control and censorship of regulators, banks and governments. Companies in the ecosystem are supposed to be infused with this ethos, but as they strive to become more mainstream some, like Bitpay apparently, adopt the more prevailing standards in the business world. Also Read: Nasdaq-Listed “Blockchain” … Read more

Coinbase Develops Bitpay Competitor Supporting BTC, BCH, ETH and LTC

While its trading clients might have preferred Coinbase to focus on improving its core service, the exchange is busy now expanding into another market. Coinbase Commerce has launched to help online stores handle payments in four leading cryptocurrencies. Also Read: Independent Ratings Agency Alerts Investors About Dangers of Tether Coinbase Commerce San Francisco-based cryptocurrency exchange … Read more

Japan’s Largest Consumer Electronics Chain Trials Bitcoin Payments

Japan’s largest consumer electronics retailer Yamada Denki has partnered with the country’s largest cryptocurrency exchange Bitflyer to trial bitcoin payments. Initially, bitcoin will be accepted at two of Yamada Denki Labi stores in Tokyo, but the company plans to roll out the digital currency payment option nationwide in the future. Also read: Japan’s DMM Bitcoin Exchange … Read more

Brisbane Airport to Introduce Bitcoin Payments

Air travelers will soon be able to spend some satoshis in stores and cafes at Brisbane Airport. Major retailers will be accepting several cryptocurrencies, including bitcoin. The promise: “unprecedented digital currency experience” in the airport terminals. More than 20 merchants in the Brisbane area now take cryptos thanks to a local startup that is working … Read more

More than Half of Russians Know About Bitcoin Now

More than half of Russians have some knowledge about bitcoin, according to a new survey. Awareness is higher among young people and in major cities. Three quarters of the Muscovites feel informed about the leading cryptocurrency thanks to 185,000 publications in news outlets. Bitcoin is the most popular word in Russian social media, another study shows. … Read more