Montreal, June 28, 2022 (GLOBE NEWSWIRE) — Sending and receiving cryptocurrency payments in consumer sales can be a complicated process. The high transaction fees of cryptocurrencies can make it difficult to purchase low-priced items, or the slow and inconvenient process of converting cryptocurrencies can have expensive exchange fees. These obstacles are why many sellers and …
Apple isn’t exactly known for taking risks. Even when he releases something new, it’s usually after much careful consideration. It is almost never the first to reach a new market, preferring take your time to see how everyone else is trying to figure it out. That’s understandable: As the world’s most valuable company, it has …
text size The prices of Bitcoin and other cryptocurrencies have collapsed this year. Dusan Zidar/Dreamstime Bitcoin and other cryptocurrencies were lower on Tuesday as the digital asset space remained under pressure. Investors across all asset classes remain bearish, and the picture for crypto remains cloudy. The price of Bitcoin fell 2% in the last 24 …
Shopping is not exactly an economic activity. Sure, you come home with a bag full of products you need or love, but at the end of the day, it’s still just a debit entry in your financial records, right? While product manufacturers make huge profits through their customers, buyers are not highly rewarded for their …
Morocco’s central bank is currently working on a cryptocurrency regulatory framework bill, and according to the bank’s governor, Abdellatif Jouahri, it will be introduced soon. The regulatory framework that is being worked on will result in the improvement of Moroccan regulations on money laundering and financing of terrorism. Crypto regulation best practices A Moroccan central …
Bored & Hungry, a Los Angeles-based cryptocurrency-themed restaurant, will no longer accept cryptocurrency as a form of payment, according to a report by Investing.com. The restaurant was launched in April with an explicit theme around the “aesthetics of crypto trends” with cups and trays adorned with Bored Ape NFT designs. Owner Andy Nguyen said he …
An internal storm is brewing at crypto lender Celsius over its possible plans to file for bankruptcy, with some involved in the talks pushing for support from its client base. The strain on the beleaguered company, which has hired restructuring consultants from advisory firm Alvarez & Marsal to help with a potential bankruptcy filing, the …
Following the revival of tech stocks and stock indices amid comments from Federal Reserve Chairman Jerome Powell, Bitcoin, reluctant to break away from these markets, also showed some signs of recovery, following a sharp decline on the 22nd, 9% during the previous week. Bitcoin has recently come under selling pressure after crypto lender Celcius suspended …
A survey has revealed that 51% of consumers in Latin America have transacted using cryptocurrencies, and a third of citizens have used stablecoins. The MasterCard study, titled New Payments Index 2022It took place between March and April of this year and sampled the opinions of more than 35,000 people around the world. It assesses consumer …
Placeholder while article actions load It’s a vicious circle long familiar to those in traditional finance: Trades made with borrowed money fall apart when the value of their collateral against loans falls, forcing liquidations that, in turn, prices go down even more. That pattern, fueled by so-called margin calls, has hit the crypto markets in …