American Pundi X Merchants Can Now Sell Crypto Via PayPal

Singapore-based blockchain firm Pundi X has integrated PayPal support for its point-of-sale device ‘Xpos.’  PayPal is the first mobile payment gateway to be integrated onto Xpos, and users from more than 30 countries can now accept funds via the payments processor. The integration will take place over two stages, with U.S-based merchants who use Xpos …

Cardano’s ‘Shelley’ Mainnet to Launch Soon

Cardano (ADA) is upgrading from “Byron” over to “Shelley”. According to an announcement from the project: “We’ve been successfully running node v 1.14.2 on the Shelley public testnet for over a week now. And we can confirm that we’ll deploy the new node to the Cardano mainnet… today, 30th June as per the first date …

Switzerland Won’t Amend Tax Law in Regard to Blockchain in Near Future

Switzerland’s existing tax law is applicable to developments in the blockchain industry, the Swiss Federal Council said. According to the federal authority, Switzerland does not need to amend its existing tax legislation in regard to blockchain and distributed ledger technology, or DLT. No legislative action is necessary regarding blockchain industry In a June 19 meeting, …

What Recent Developments in the Fintech Space Mean for Our Future

The fintech industry has been changing rapidly. Digital assets, distributed ledger technology and central bank digital currencies are gaining momentum. Multi-trillion-dollar United States Federal Reserve System money creation has increased demand for digital assets, particularly Bitcoin (BTC). Banks, brokers, commercial lenders, investment advisors, private investment funds, family offices, mutual funds, fintech entrepreneurs, lawmakers and private …

Blockchain Expands in Advertising Industry, but Crypto Remains a No Go

Despite seeing substantial growth in popularity, topping Google search trends amid the recent halving, the coronavirus pandemic and mainstream coverage, the cryptocurrency industry has somewhat been left out of the advertising world by online ad networks, social media platforms and even national governments.  In 2018, Facebook banned cryptocurrency advertising amid the initial coin offering hype. …