crypto payments

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Deloitte Survey: 85% of Merchants Say Enabling Crypto Payments Is High Priority

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A survey conducted by Deloitte in collaboration with PayPal found that over 85% of merchants “are giving high or very high priority to enabling cryptocurrency payments.” In addition, “nearly three-quarters of those surveyed reported plans to accept either cryptocurrency or stablecoin payments within the next 24 months.” Majority of Merchants Surveyed Plan to Enable Crypto … Read more

75% of retailers eyeing crypto payments within 24 months: Deloitte

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Improving customer experience, increasing the customer base and a hope their brand is perceived as “cutting edge” were the biggest reasons given for a desire to adopt crypto payments. Go to Source Powered by WPeMatico

Tough Crypto Law Expected in Russia Despite Central Bank’s Softer Stance on Crypto Payments

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The bill “On Digital Currency,” meant to comprehensively regulate crypto transactions in Russia, will be a “tough” law, according to the head of the State Duma Financial Market Committee. The legislation is yet to be finalized and will not be reviewed by lawmakers in the near future, Anatoly Aksakov revealed in an interview, despite Bank … Read more

Provision Allowing Cryptocurrency Payments in Foreign Trade Added to Russian Bill

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A proposal to permit companies to use cryptocurrency in cross-border settlements has made its way to a draft law designed to regulate Russia’s crypto space this year. According to a press report, the finance ministry has introduced a number of revisions to the legislation it has been working on in the past few months. Changes … Read more

Swiss Watchmaker TAG Heuer Now Accepts Cryptocurrency in US

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Luxury watch manufacturer TAG Heuer announced it’s introducing online cryptocurrency payments for customers in the United States. The Swiss company provides the new payment option through a partnership with crypto payment processor Bitpay. Tag Heuer Partners With Bitpay to Offer US Clients Bitcoin Payments Designer and maker of luxury timepieces TAG Heuer is now accepting … Read more

Moody’s: Cryptocurrencies Unlikely to Help Russia Evade Sanctions

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Russia’s ability to employ cryptocurrencies to circumvent international sanctions is restricted by the limited size of the crypto market, according to Moody’s. Despite increased use in small transactions, low liquidity is another factor preventing Russians from exploiting the utility of bitcoin and the like. Crypto Assets Not Viable Option for Sanctioned Russia, Moody’s Report Suggests … Read more