No Comments

Today in Crypto: Russia Moves Ahead With Crypto Regs Bill; Sling TV to Accept Crypto Payments for Subscriptions Through BitPay –

The Russian Ministry of Finance is moving ahead on its plan to regulate cryptocurrencies, CoinDesk reported Monday (Feb. 21).
A bill was introduced to parliament on Friday (Feb. 18), which was based on the approved roadmap from numerous government bodies. As the report notes, the Ministry of Finance is taking a very different approach to crypto within the country.
Unlike the Ministry of Finance, the Bank of Russia is against regulating cryptocurrencies — instead, the Bank of Russia wants to see crypto mining and trading both fully banned. The bank has been working on its central bank digital currency (CBDC), the digital ruble, and has suggested fines for trading and mining of crypto up to 500,000 rubles.
In other news, crypto exchange FTX is debuting its own gaming unit to help get people to get more into cryptocurrencies, blockchain and non-fungible tokens (NFTs), Bloomberg wrote Monday.
The program will be called FTX Gaming and will operate via the FTX U.S. affiliate, and it will have a “crypto-as-a-service” platform. Through that, gaming companies will be able to roll out tokens and offer support for NFTs.
This move comes after FTX announced last year that it planned to invest $100 million along with two partners to spur integration of the Solana blockchain into video games.
The crypto sector has been trying to integrate more with the gaming industry, which has caused controversy from both fans and developers who are against “play-to-earn” models, where gamers can benefit financially from blockchain-based games.
Meanwhile, Gunnercooke, a London-based law firm, has become the first U.K.-headquartered firm to take cryptocurrency as payment, City A.M. reported Monday.
The decision comes after several medium-sized U.S. law firms began accepting crypto payments in 2017. Gunnercooke has grown rapidly over the past decade, and the firm reportedly has a fixed-fee pay structure and a decentralized business model.
The company had a deal with Coinpass, a British crypto exchange, to make all of this happen. The firm said it received its first ethereum payment last week from ether staking firm Attestant.
Read more: Sling TV to Accept Crypto Payments for Subscriptions Through BitPay

About:Fifty-seven percent of consumers who’ve used advanced ID verification methods such as voice recognition when contacting customer service say they’d do it again. The Consumer Authentication Experiences report, surveyed nearly 3,800 U.S. consumers to learn how offering innovative verification experiences is helping businesses deliver superior customer service across all channels.
As more consumers venture to dine at restaurants and travel once again, many are sticking with the digital payment habits they developed…
Trusted user experiences are highly important to consumers accessing digital accounts via desktop browser or mobile device.  In fact, eight out of…
To put it mildly, Warby Parker’s first six months as a public company have been a disaster.  From a peak of $60…
You have successfully joined our subscriber list.
© 2022 What’s Next Media and Analytics™


You might also like

More Similar Posts

Leave a Reply

Your email address will not be published.

Fill out this field
Fill out this field
Please enter a valid email address.
You need to agree with the terms to proceed

This site uses Akismet to reduce spam. Learn how your comment data is processed.