Stablecoins
Tether has announced that it will launch USDT on the Tezos network
The popular stablecoin Tether has announced that they will be launching on the Tezos blockchain.
Anthony Clarke 2 min read
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Adoption
Report: 83% of US retailers think ‘digital currencies’ will become legal tender in 10 years
An overwhelming majority of Deloitte respondents believe that crypto payments would become prevalent in their industry within the next five years.
Adoption
PayPal launches crypto payment, transfer functionality for US users
U.S. based PayPal users are now able to transfer, send and receive Bitcoin, Ethereum, Bitcoin Cash and Litecoin from wallets and exchanges as many prominent companies turn towards crypto payments.
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Adoption
Checkout.com starts offering merchants 24/7 settlements via USDC
Checkout.com’s stablecoin settlement solution supports USDC and will let merchants complete payments on weekends and holidays, something that is currently impossible with fiat currencies.
Adoption
Crypto cannot fulfil ‘social role of money’ due to fragmentation: BIS
The inherent limitations of blockchains cause fragmentation, making cryptocurrencies unsuitable as payment mechanisms, a BIS report said.
CBDCs
The fear and favoring of digital currencies
A Crypto.com survey of 3,000 people and 150 institutional investors showed that the road towards a cashless society will inevitably lead to digital currencies.
Taxes
Australian mayor suggests crypto as tax payment option
Gold Coast Mayor Tom Tate has revealed that the city could be open to accepting its taxes with cryptocurrencies like Bitcoin despite the volatile nature of the industry.
Adoption
The Bitcoin Lightning Network capacity has set an all-time high of 3,915 BTC
The Lightning Network reached a capacity of 3,915 BTC ($113 Million), a new all-time high for the Bitcoin Layer 2 network.
Taxes
From boom to gloom, the crypto investors now unable to pay their tax bill
The wider crypto market downturn has investors, who didn't cash out when times were booming, panicked over how to meet tax obligations.
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Regulation
Russia contemplates allowing crypto for international payments
Regulation
New U.S. bill to block Google and Apple from hosting apps that accept eCNY
Payments
Stripe resumes BTC payments four years after suspending the service
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Adoption