Russia is reportedly considering the implementation of a gold-backed cryptocurrency, according to Russian news outlet Tass. Immutability and censorship-resistance are useful for governments in certain instances, such as conducting international trade in the face of sanctions. Russia and Iran previously considered using cryptocurrencies for business between the two. Iran later launched a gold-backed cryptocurrency. Continue reading Russia Stunningly Explores a Gold-Backed Crypto to Settle Payments
Origin Kebabs just wanted to let its followers know that four of its Queensland stores now accept bitcoin as a form of payment. Facebook wasn’t having it and blocked the Aussie restaurant from advertising on the social media platform. Someone might want to tell Mark Zuckerberg before he launches his own FaceCoin or they could find themselves in an awkward spot. Continue reading Facebook Awkwardly Blocks Aussie Restaurant from Bitcoin Payments Ad
The world of instant payments is just around the corner, that much is certain. Soon, it will take just milliseconds, not days, to settle any kind of transaction all around the world. Cryptocurrencies have been one of the major breakthroughs in developing this capability. Continue reading The Future of Instant Payments: Which Cryptocurrency Will Take the Lead?
Bitcoin and other major cryptocurrencies, including ethereum, Ripple’s XRP, and litecoin, have long struggled against accusations they are harder to spend and use in the real world than their traditional fiat counterparts. Continue reading Coinbase And Visa Are Making Bitcoin, Ethereum, Ripple’s XRP And Litecoin Payments A Reality
Crypto liquidity is a big barrier for cryptocurrency adoption, but a new payments provider could help provide a solution. PolisPay, a blockchain payments service, has just announced the implementation of the Dash cryptocurrency for their MasterCard-backed debit card. Continue reading PolisPay Partners With Dash For MasterCard Payments