Press Release: Users of the XOXNO all-in-one NFT marketplace can now buy and sell NFTs with EUR or Romanian RON through any Visa or Mastercard. 7th November 2022, Bucharest, Romania — XOXNO has announced the integration of fiat payments to its all-in-one NFT marketplace, with support for EUR and the Romanian RON. The MultiversX-based…
Europe targets crypto influencers with new MiCA clause
The EU’s Markets in Crypto Assets (MiCA) bill could significantly impact crypto influencers as some clauses hint at strict regulation. Circle’s EU strategy and policy director, Patrick Hansen, pointed this out, saying that commenting on a digital asset and profiting from it without disclosure could be termed market manipulation. Crypto influencers beware: Commenting on crypto…
Utrust & Lugano: Bringing Crypto Payments to an Entire City
Press Release: Utrust, in collaboration with the city of Lugano & Tether Operation Limited, is bringing crypto payments to an entire city with a new ‘Plan B’ initiative deal. October 27th, Lugano Switzerland — The deal, a part of the Plan ₿ initiative, will turn the entire city into a hub for technological innovation and…
US lawmakers express concern over crypto firms hiring former government officials
Five US Democratic lawmakers led by Senator Elizabeth Warren have written the heads of several financial regulators in the country, enquiring about the “revolving door’ between government agencies and the crypto industry. The letter, citing a Tech Transparency Project report, noted that over 200 ex-government officials were now working in crypto firms and serving in…
Leading Multichain Payments Solution Utrust Announces Polygon Integration
Press Release: Leading cryptocurrency payment solution Utrust adds support for Polygon transactions, bringing benefits like multi-chain transactions, faster speeds, and cheap gas fees to users. 17th October, Braga, Portugal — Utrust has added support for USDT on Polygon transactions to its digital payments solution platform. The new addition stands to benefit users with its Web3…
BNY Mellon receives New York approval for crypto custodial services
The oldest bank in the United States, Bank of New York Mellon (BNY Mellon), has received approval to add digital assets custody to its services, The Wall Street Journal reported on Oct. 11. According to the report, the bank will offer this service to traditional fund managers already using its services for their back-office tasks….
Cross-chain Platform 3air Launches Token on Mexc Exchange, as it Connects People through NFTs
Press Release: 3air launched its BSC token On Mexc Exchange on September 22nd and is using NFTs for broadband connectivity through its cross-chain platform 28th September, Dubai, UAE – Bitcoin-based internet connectivity solution 3air has launched its token today on Mexc Global with the ticker $3AIR. The BSC is bridged for cross-chain compatibility, with…
Colorado enables crypto payment for taxes
Colorado residents can now pay their taxes using cryptocurrencies, Axios reported on Sept. 20. According to the report, Governor Jared Polis made this revelation at the Denver Startup Week. Residents would now be able to pay their individual income tax, severance tax, withholding tax, and excise fuel tax in crypto. The crypto payment option will…
AIBC to Welcome 100 Influencers and Key Opinion Leaders to Malta Summit
Press Release: AIBC Europe is expecting 100 influencers and key opinion leaders at this year’s Malta summit from November 14-18, including AMCrypto, Carl the Moon, James Crypto Guru, and Davinci. September 19, 2022, Valletta, Malta – AIBC is attracting at least one hundred top-tier influencers to its Malta summit this November. Taking place at…
Reuters reports major US banks pausing crypto lending plans amid challenging SEC guidelines
The US Securities and Exchange Commission (SEC) guidance on crypto custody might impede banks from the industry because of the cost of implementation, Reuters reported on Sept. 16. According to the report, the SEC accounting guidelines stated that public companies holding crypto assets on behalf of their clients must account for such assets as liabilities…