Cryptocurrency payments are expanding around the world. The US city of Detroit will soon offer its residents a PayPal-managed platform for paying taxes and other municipal fees in cryptocurrency.

According to city officials, “this innovative payment option is part of a broader strategy by the city to explore innovative technologies that can improve public services, strengthen civic engagement and foster economic growth.”

This PayPal-managed payment platform seeks to facilitate payments and transactions for Detroit residents, as well as attract “blockchain and technology entrepreneurs who want to make a difference in the city.”

Detroit Mayor Mike Duggan noted that the city is moving toward a “tech-friendly environment that empowers residents and businesses,” adding that they would become one of the first major cities in the United States to “explore blockchains in civic applications and allow residents to use their cryptocurrency as a payment option.”

On the launch date of this option, Treasurer Nikhil Patel said it is expected to be in mid-2025, accompanied by additional improvements to the city’s payment services.

M.Pino

Source: cripto247

(Reference image source: Traxer in Unsplash)

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La entrada Detroit to allow cryptocurrency tax payments apareció primero en Bitfinance.

The Tree Card company, in association with Ecosia and its network of tree planting companies, has designed an ecological debit card, made of wood, for transactions with cryptocurrencies such as ether, bitcoin, dash, tron ​​or dogecoin.

According to information provided by Tree Card and Tree Seven, they have decided to support the various environmentally friendly campaigns by designing a new wooden debit card. The new product joins the catalog that Tree Seven offers in this raw material, such as clothing, footwear, tools, among others.

The material used by Tree Card is derived from sustainable wood and recycled plastic. Tree Card’s new partner Ecosia is actually a network of “local tree planting organizations. Ecosia has planted millions of trees (with more than 500 native species) in biodiversity hotspots in dozens of countries around the world.” “.

Different techniques are applied to planting trees, and the company’s work ranges from Burkina Faso to Brazil, passing through all of Europe.

Tree Card customers now have a new tool to make payments and transactions with digital currencies positioned in the market, such as BTC, ETH, DOGE, BNB, dash, TRX, among others.

M.Pino

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Source: criptoides

La entrada Tree Card launches green debit card for crypto transactions apareció primero en Bitfinance.

The accommodation rental company, Airbnb, announced that it plans to include payments with cryptocurrencies by 2022.

This was indicated through the social network Twitter by the executive director of the company, Brian Chesky, where he asked his followers for suggestions about what updates they should do this year.

In addition to this, users requested that clear visibility be included in terms of prices, guest loyalty program, updated cleaning rates, among others.

Airbnb is a popular online platform that allows you to find and book vacation rentals around the world. The company, founded in 2008, has processed payments of $ 336 billion since 2013.

The company has already accepted payments with bitcoin since 2019, however it does this through a third party known as Bitrefill. The idea now is for the platform to have its own payment gateway with digital assets.

K. Tovar

Source: Descifrado

La entrada Airbnb will include cryptocurrency payments during 2022 apareció primero en Bitfinance.

Several signs indicates that the cryptocurrency market in Argentina is on the rise, according to the opinion of different experts in the sector.

Mariano di Pietrantonio, a member of the Makert Growth team, indicated that “cryptocurrencies are growing in the workp field, especially in jobs related to community and programming.”

On the other hand, he stressed that Argentina’s human resources are highly regarded worldwide, due to the “large amount of existing talent working on different protocols and applications.”

Also, Defiant Wallet CMO Fiorella Scantamburlo commented that he sees different behavior in people when it comes to digital assets.

“People are turning to use crypto as a savings and investment alternative and the adoption of assets is growing throughout Latin America”, she explained.

K. Tovar

Source: Cointelegraph

La entrada Crypto market in Argentina is on the rise apareció primero en Bitfinance.

The president and CEO of PayPal, Dan Schulman, spoke about the results that the use of cryptocurrencies has brought for his platform.

As the executive indicated during the presentation of the Investor Report for Q1 for 2021, digital assets have performed very well in the company, so he believes that this type of currencies and those issued by central banks will be “a driving force to form a more equitable financial system.“

“We believe that the current technological foundations of our financial system will be substantially updated in the coming years. Both cryptocurrencies and digital currencies issued by the central bank can play a critical role in shaping a more inclusive recovery and a more equitable financial system”, said Schulman.

The director of PayPal assured that there is a “cryptocurrency roadmap”, and that a series of innovations related to this type of assets are also planned.

Total payment volume was $ 20 billion, more than expected, ending the quarter at $ 285 billion. The firm also added 14.5 million new active accounts, bringing its user base to 392 million.

K. Tovar

Source: Cointelegraph

La entrada PayPal assures that cryptocurrencies “are giving excellent results” apareció primero en Bitfinance.

The CEO of PayPal, Dan Schulman, announced to his client portfolio the new payment method which is anchored to blockchain technology where users can pay with cryptos such as bitcoin, ethereum, bitcoin cash and litecoin.

“It is the first time that cryptocurrencies can be used without problems in the same way as a credit or debit card within the PayPal wallet,” reported Schulman.

According to the announcement, the company will not allow the transfer of crypto assets between personal accounts, friends or family. However, this advance represents a leap in the adoption of cryptocurrencies, with millions of PayPal users, many young people, with knowledge about bitcoin and the blockchain.

Service coverage

So far it is known that the service will be available only to users in the United States and is expected to be expanded soon throughout the rest of the world.

PayPal has a capacity in its infrastructure suitable to serve the vast network of users that make it up, thanks to the fact that the digital payments giant bought the custody company Curv, which allows it to meet the required demand.

K. Villarroel

Source: bitcoin

La entrada PayPal will receive payments in cryptocurrencies apareció primero en Bitfinance.

The Wirex company developed a new card that will be multi-currency, which will be compatible with the MasterCard platform.

This instrument will be linked to 19 fiat currency accounts and cryptocurrencies, within the Wirex application itself.

For now, it has not been announced when it will be its official launch. The company is considered the first cryptocurrency platform to receive a MasterCard primary membership.

Wirex’s service allows users in 130 countries to spend their cryptocurrencies and fiat currencies using an existing dedicated Visa card and mobile app.

For its part, Mastercard has actively sought crypto exchanges and payment service providers this year for inclusion in its recently expanded crypto card program.

K. Tovar

Source: ReporteBTC

La entrada Wirex launches multi-currency card compatible with MasterCard apareció primero en Bitfinance.