CityPay.io, Gate Pay partner to offer crypto payments option
Georgia-based crypto startup Citypay.io has partnered with Gate Pay to enable the former to accept crypto-based payment options for their goods and services. Gate Pay, the cryptocurrency payment service provided by Gate.io, has partnered with CityPay.io, a Georgia-based startup specializing in crypto payments. The partnership will enable over 600 merchants in Georgia to accept crypto-based […]
Wyre payments platform removes 90% withdrawal limit
Cryptocurrency payment platform Wyre has removed the 90% withdrawal limit it imposed on consumers about five days earlier. San Francisco-based fintech company Wrye claimed on January 13 that it has acquired funding from a “strategic partner” that enables it to go on with business as usual, including once again taking deposits. The statement continued, “As […]
Russian Parliament votes against bill to regulate crypto mining
The State Duma, the lower chamber of the Russian parliament, voted against a bill that would have regulated crypto mining. Although MPs rejected that measure, which also sought to allow crypto payments in the nation, another draft law on mining that permits international exchanges of digital assets is anticipated in the legislature soon. The Russian […]
Russia plans to implement cross-border crypto payment rules
According to a fintech specialist in the Russian State Duma, Russia may be the first nation in the world to permit cross-border cryptocurrency transfers while outlawing domestic cryptocurrency payments. On Tuesday, Russian Prime Minister Mikhail Mishustin gave the cabinet the official order to reach an agreement on crypto legislation in Russia by December 19, 2022. […]
Dubai-based real estate company Damac Properties starts accepting crypto payments
Damac Properties, a Dubai-based real estate developer stated it will start accepting Bitcoin and Ethereum as means of payment for properties. According to the Khaleej Times, Emirati real estate company Damac Properties said on Wednesday that it is introducing Bitcoin and Ethereum, the two most popular cryptocurrencies, as new payment alternatives. Damac’s general manager, Ali […]