Tag: Transactions

BCH Avalanche Transactions Show Finality Speeds 10x Faster Than Ethereum

BCH Avalanche Transactions Show Finality Speeds 10x Faster Than Ethereum Over the last few weeks, Bitcoin Cash (BCH) developers and community members have been discussing a pre-consensus method called Avalanche. Now BCH proponents have begun to notice the protocol has been applied to the Bchd full node implementation and the proof of […]

Iran in Talks With 8 Countries for Use of Cryptocurrency in Financial Transactions

Iran in Talks With 8 Countries for Use of Cryptocurrency in Financial Transactions Iran is exploring various options, including holding negotiations with other countries to introduce cryptocurrency in global trade, as the Islamic state moves to sidestep U.S. economic sanctions. Mohammad-Reza Modoudi, the acting head of Iran’s Trade Promotion Organization […]

Bitpay Reports Processing Over $1 Billion Transactions in 2018

Bitpay Reports Processing Over Billion Transactions in 2018 Popular cryptocurrency payment processor Bitpay has released figures showing that the company maintained strong performance during 2018, despite the downturn in the market. For example, while other ventures had to downsize recently, Bitpay’s staff increased by 78 percent from the previous year. […]

Taiwan Passes Law to Crack Down on Anonymous Crypto Transactions

Taiwan Passes Law to Crack Down on Anonymous Crypto Transactions The Taiwanese government has amended its laws that regulate cryptocurrency transactions. The revisions reportedly give the country’s Financial Supervisory Commission “the authority to crack down on anonymous virtual currency transactions.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Amendments Passed The […]

Report: Emerging Markets See Sharp Growth in Cashless Transactions

Report: Emerging Markets See Sharp Growth in Cashless Transactions South Africa is the most cryptocurrency-friendly country in Africa, according to the 2018 World Payments Report by French banking group BNB Paribas and IT company Capgemini. Compared to other major economies on the continent, South Africa has allowed digital currency-based payments, […]

A Crypto PayPal? UTRUST Will Make Crypto Online Transactions the Everyday Norm

A Crypto PayPal? UTRUST Will Make Crypto Online Transactions the Everyday Norm A Swedish company wants to make crypto online transactions as simple and as safe as using PayPal. But can such a feat be accomplished in such a volatile marketplace? Crypto Online Transactions The cryptocurrency market is still considered to […]

US Dollar Losing Dominance as a Means for Settling Transactions in Africa

US Dollar Losing Dominance as a Means for Settling Transactions in Africa The dominance of the United States dollar as a settlement currency in Africa is being challenged by emerging payment methods in financial technology and by native African fiat currencies. In the four years to 2017, fewer people in […]