1,000 Ukrainian Pharmacies Enable BTC and Crypto Payments
A recent report reveals that Binance Ukraine has partnered with ANC pharmacy (1,000 locations) in an effort to launch Bitcoin and cryptocurrency payments.
crypto payments
Elon Musk Announces Crypto Payments on Twitter
According to a recent communication, Elon Musk, the now-Twitter CEO has confirmed Twitter to become a financial service firm featuring crypto payments.
Seamless Bitcoin Payment was Made Possible in Switzerland
With its cryptocurrency adoption, the Swiss city of Lugano aims to become the crypto capital of the whole of Europe.
Launch Cart Partners with OpenNode to Allow BTC Payments For Firms
OpenNode partners with Launch Cart to allow Bitcoin payments for eCommerce firms. The partnership will make use of Bitcoin Lightning Network payments. Launch Cart will also launch a wholesale dropshipping marketplace named “Source and Sell.” Leading eCommerce software-as-a-service (SaaS) platform Launch Cart partners with OpenNode, a Bitcoin payment processor, to allow any businesses by the help of Launch Cart’s platform to accept Bitcoin as payment. In a tweet, Bitcoin Archive stated that Launch Cart will be integrating Lightning Network payments, Bitcoin’s second layer that utilizes micropayment channels to enhance the blockchain’s ability to transfer more efficiently. According to the press
Mexican-Style Restaurant Chipotle Now Accepts Crypto Payments
Chipotle now accepts cryptocurrency via digital payments platform Flexa. Customers must download the Gemini or SPEDN app and scan it to pay. Flexa offers a 10% off of first crypto payments using the app. Flexa, a digital payments platform, announced today that the Mexican-style fast-food restaurant chain Chipotle will now accept crypto payments through Flexa. Flexa is a merchant-focused app designed to reduce costs, settlement times, and fraud. Cryptocurrencies, such as Bitcoin, Ethereum, Dogecoin and more than 90 other currencies, were supported by Flexa. By using the Flexa app, customers can now order food from any of the 3,000 Chipotle
Twitter Abuzz About eBay Offering Crypto Payments Soon
Many corporations are slowly offering crypto payments on their platforms. eBay could be the next one. The CEO of eBay says they will delve deep and consider possibilities. As the popularity of cryptocurrencies continues to grow, more and more corporations are considering adding crypto as a payment option to their businesses. The latest of these businesses could be eBay. In detail, eBay’s CEO Jamie Iannone says the website isn’t accepting crypto payments at the moment. However, he says it does open up a new form of payment. It seems the CEO is considering the possibilities of crypto payments on the
Venezuela Approves 20% Tax on Bitcoin and Crypto Transactions
Venezuela applies 20% tax on Bitcoin and crypto transactions. Tax will apply to transactions on all foreign currencies. Only El Petro and the national currency are exempt from the tax. Following India’s decision to apply tax on crypto transactions, Venezuela comes to a similar decision. Specifically, the Venezuelan government has decided to apply a 20% tax on Bitcoin and crypto transactions. In response to this tweet from Watcher.Guru, many responded saying the 20% tax is too much. Still, this 20% tax is much less than India’s decision to tax 30% on crypto sales transactions. In detail, the Venezuelan government approved
Upcoming Kempinski Floating Hotel in Dubai to Launch Crypto for Payments
Kempinski Floating Palace, a 5-star hotel set to launch in Dubai in 2023, will be launching its own cryptocurrency for payments. The hotel will float completely above the waters of Jumeirah in Dubai — the first in the world. The team has minted Floating Sea Palace tokens, which will be accepted for hotel bookings and services. Exclusive: An upcoming 5-star hotel in Dubai, managed by European luxury brand Kempinski Hotels, has revealed that it will be using cryptocurrency to pay for hotel stay and services. Named Kempinski Floating Palace, the luxury hotel is set to open in mid-2023. According to
WhatsApp Implements Crypto Transfer for US Users
Messaging giant WhatsApp has started enabling crypto transfer for American users. This function will happen via Pax Dollar (USDP) through the Novi wallet app. WhatsApp has started implementing its cryptocurrency transfer function exclusively for American users beginning December 9. Specifically, users in the said country can have the option of sending and receiving money via the Novi digital wallet app. According to Novi CEO Stephane Kasriel, the new function is currently in test mode. However, another tweet revealed that they started with this pilot six weeks ago. Since then, they were able to “test and learn” the features and functionality
