Crypto Payments | ForkLog

ForkLog 27 19.09.2024

Trump Pays for Burgers with Bitcoin

US presidential candidate Donald Trump treated Bitcoin supporters to burgers at the themed New York bar PubKey, paying with digital gold. JUST IN: ?? Donald Trump uses #Bitcoin to pay at a bar in New York. pic.twitter.com/ZAkeW5AH5g — Watcher.Guru (@WatcherGuru) September 18, 2024 According to co-founder Drew Armstrong, Trump paid $998.7 for several dozen burgers. […]

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ForkLog 12 17.09.2024

Russian Crypto Firms Excluded from Central Bank’s Experimental Group

Russian authorities have established a focus group for an experiment involving international cryptocurrency settlements, according to Vedomosti, citing three informed sources. The group includes select importers from the Russian Chamber of Commerce and Industry and the Association of Electronics Developers and Manufacturers, as well as some banks. “The focus group comprises importers facing significant challenges […]

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ForkLog 19 11.09.2024

PayPal and Venmo Integrate Ethereum Name Service for Crypto Payments

Payment platforms PayPal and Venmo have integrated the Ethereum Name Service (ENS). ? We’re thrilled to announce that @ensdomains is now supported on @PayPal & @Venmo! This new feature brings the power of ENS to millions, making crypto transfers easier and more secure than ever—starting in the USA.? pic.twitter.com/9hsrhRqEAp — ens.eth (@ensdomains) September 10, 2024 […]

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ForkLog 18 03.09.2024

Sberbank Advocates for Legalisation of Cryptocurrency Payments

Russia’s Sberbank supports the recognition of cryptocurrencies and stablecoins as legitimate payment instruments. This was stated by the bank’s Deputy Chairman of the Board and Head of Corporate and Investment Business, Anatoly Popov, in an interview with Reuters. According to him, the legalisation of mining in Russia and the possibility of international settlements in digital […]

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ForkLog 110 05.08.2024

How crypto-payment processing works for business, according to CryptoProcessing

Crypto-processing services are payment gateways that handle transactions on the blockchain and convert cryptocurrencies into fiat. They are a vital part of the industry, enabling rapid settlement and helping to drive mass adoption of digital assets. With the team at CryptoProcessing, we explain how crypto processing works and how to integrate bitcoin payments into a […]

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ForkLog 18 30.07.2024

Russia’s Central Bank Sets Date for Cryptocurrency Experiments

30 July 2024 | 17:17Update: On 30 July, the Russian State Duma passed a bill in its second and third readings establishing an experimental legal regime (ELR) that permits the use of cryptocurrencies in foreign trade. This was announced by Deputy Anton Gorelkin. From 1 September, the document grants the Bank of Russia the authority […]

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ForkLog 19 25.07.2024

Russia Turns to Cryptocurrencies for Cross-Border Payment Solutions

Russian companies are increasingly encountering difficulties in international transactions due to the threat of secondary sanctions against their counterparts. Against this backdrop, cryptocurrencies and payments through intermediaries are gaining popularity, writes Bloomberg. The most significant challenge for Russia involves dealings with China, whose trade with Russia reached a record $240 billion in 2023. In many […]

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ForkLog 18 24.07.2024

Ferrari to Introduce Cryptocurrency Payments in Europe

In late July, Italian car manufacturer Ferrari will begin accepting digital assets as a form of payment in Europe. This decision follows the successful launch of the initiative in the United States in autumn 2023, responding to requests from dealers and clients. At that time, Ferrari partnered with the processing service BitPay, which converts received […]

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ForkLog 55 16.07.2024

Stripe Enables Cryptocurrency Purchases in the EU

Payment service Stripe has introduced the option for EU residents to purchase cryptocurrencies using credit and debit cards, as reported by the Irish Independent. The decision by the company, founded by brothers Patrick and John Collison, aims to “simplify ordinary transactions with digital assets.” According to the publication, online merchants using Stripe’s technology can add […]

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ForkLog 12 26.06.2024

Solana Foundation Unveils Tools for Cryptocurrency Payment Integration

The Solana Foundation has launched tools enabling any website or application to become a gateway for cryptocurrency payments and other blockchain operations. Solana Foundation Head of Ecosystem Engineering @jnwng on Solana Actions and blinks https://t.co/0dTdPHbf56 — Solana Foundation (@SolanaFndn) June 25, 2024 The Solana Actions solution is a set of API that allows blockchain transactions […]

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ForkLog 15 06.06.2024

Mastercard Resumes Partnership with Binance

Payment system Mastercard has reinstated agreements with Binance regarding payments and deposits following the resolution of issues with US regulators, reports CoinDesk. Withdrawals and other functions will be available later, the company clarified. “After a comprehensive review of the stringent controls and processes implemented by Binance, Mastercard has decided to allow platform-related purchases within its […]

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ForkLog 18 28.05.2024

Russian Metallurgical Giants Embrace USDT for International Transactions

At least two of Russia’s largest metal producers, not subject to sanctions, have begun using the stablecoin USDT and other cryptocurrencies for international transactions. This was reported by Bloomberg, citing company executives. According to them, the deals are primarily conducted with Chinese clients and suppliers. In some cases, transactions are routed through Hong Kong. The […]

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