French Startup to Relaunch Crypto Payments Service in 5,200 Tobacco Shops

French crypto startup Keplerk will be re-launching its service to accept Bitcoin payments in over 5,200 tobacco shops in the country. The French startup had suspended this crypto service less than two months after its launch back in January, but…

IFRIC: Cryptos are neither Financial Assets nor legal Tender

The international financial reporting interpretations committee (IFRIC) has ruled that cryptocurrencies are neither financial assets nor legal tender. The Korea Times reported the development on Sep 23, citing the Korea Accounting institute’s briefing in regard to an IFRIC meeting held…

Turkey Announces Plans to unveil Blockchain Infrastructure

Turkey just announced plans for the establishment of national Blockchain infrastructure geared at utilizing distributed ledger technology (DLT), in public administration. Blockchain and DLT a priority The country’s ministry of industry and technology set out its vision during its Strategy…

Bitpay Integrates Ethereum into Global Payment Systems

Bitpay has announced support for Ethereum, in report that indicated that the global Blockchain payments provider will now soon be able to safely, securely, and reliantly accept Ethereum. According to the announcement, businesses that use Bitpay will now be able…

Watford FC sign-up Bitcoin as Official Sleeve Sponsor

Watford FC has confirmed Bitcoin as their official sleeve sponsor, in an announcement on their official website. The English premier league side will have the Bitcoin logo appear on the Watford FC shirtsleeve, as part of an educational drive led…

Binance set to Launch Dollar Backed Stable Coin

Binance is set to launch a dollar backed stable coin in the United States according to reports. The new Binance stable coin will be known as the Binance USD (BUSD) according to an announcement made by the exchange. The new…

IMF Head: We Should be Open to Cryptocurrencies

Outgoing IMF Head Christine Lagarde, believes financial institutions such as Central banks and other financial bodies should remain vigilant in protecting consumer interests while at the same time being open to innovations like cryptocurrencies. The outgoing International Monetary Fund (IMF)…

Amaten, the Japanese gift card exchange platform is adopting a gift card blockchain solution

Amaten, the largest gift card exchange platform in Japan is adopting a gift card blockchain solution. Amaten is working with aelf, a blockchain technology solution provider, and the partnership could transform the gift card industry in Japan. This development is…

Rwanda’s Central Bank Explores Possible Digital Currency Launch

The top bank in Rwanda is currently looking into the development and issuance of its own digital currency. In a move that has caught a lot of people by surprise, the National bank of Rwanda has gone full throttle in…

New Zealand Tax department legalizes Crypto Salaries

The Inland Revenue department (IRD) of New Zealand has made it legal to receive salaries in cryptocurrency. The department which is the island country’s tax office will not only make crypto salaries possible, but also make it possible for one…