In our “Payment Systems” section, we cover electronic payment systems (EPS) and services used to send, receive, and manage digital money online. Here you will find guides on how payment systems work, how to transfer funds securely, and how they integrate with cryptocurrency platforms. Read the “Payment Systems” section on ForkNews to learn how modern digital payment infrastructure operates.
American Buddhists want to launch their own cryptocurrency, which can be received for meditations and sermons. The idea of a currency was proposed by members of the Lotos Network community. The currency will use blockchain technology.
But a pattern is also visible: the amount of donations to state funds is an order of magnitude lower than to non-state funds. This speaks, first of all, about the growing distrust of people in government agencies, even those that declare the best goals.
Nine years have passed since January 2009, when the first genesis block of the bitcoin network was generated, but all sorts of “experts” are still debating whether cryptocurrencies are a financial pyramid or not. The rapid growth of bitcoin profitability and the profits of those who previously became participants in this system is frighteningly similar to the pyramids of the 90s.
SVOE posted this information on its Twitter account. Even despite the system malfunctions associated with the influx of a huge number of people wishing to purchase futures, an impressive number of contracts were still sold.
The population of the Norwegian city of Liberstad plans to introduce Bitcoin as a national currency. The settlement was founded in a rural part of the country with the goal of attracting libertarians from all over Scandinavia, creating a unique living environment.
The Bpay payment system plans to launch ATMs in Moldova where it will be possible to cash out Bitcoin cryptocurrency in Moldovan lei.
The third bill on regulation of the cryptocurrency market has already been submitted to the Verkhovna Rada. Head of the Committee on Tax and Customs Policy of the Verkhovna Rada of Ukraine Nina Yuzhanina noted that the document offers simplified taxation for transactions with cryptocurrencies
The Israel Tax Authority has published a document that clarifies the status of digital currencies. According to the tax service, Bitcoin should not be equated to a currency or any type of currency. Tax officials believe that Bitcoin and other digital currencies should be treated as goods.
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