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.
Odessa shipping company Varamar is negotiating the first Bitcoin payment with a client, says the founder of the company, Alexandra Varvarenko. Bitcoin will make it easier to work with clients in countries affected by sanctions and will reduce the bureaucracy associated with traditional bank payments, the entrepreneur explained.
Over the past few years, along with the rise in the price of Bitcoin, the demand for Bitcoin has increased - casinos, which are now very popular among gamblers. It all started with the advantages that Bitcoin casinos provide, namely, the most important thing is low commission and anonymity, the most important advantage of these casinos. What cannot be said about regular or “fiat” casinos, as they are called, there are very large commissions for depositing/withdrawing funds and there is no anonymity.
Just over 1,000 people own about 40% of all Bitcoins mined. This opinion was expressed by the head of the financial markets research department at AQR Capital Management, Aaron Brown.
About a third of the customers queuing at La Maison du Bitcoin in Paris are investing in Bitcoin so they can send it to their relatives in Africa.
Venezuelan President Nicolas Maduro announced the creation of his own cryptocurrency, which will be called El Petro. The cryptocurrency will be supported by the country's oil, gold, gas and diamond reserves.
Judging by the latest Bank of America patent, the bank is thinking about creating an automated system that will help companies make cryptocurrency conversions and transfers.
Former Fortress fund manager Novogratz said on CNBC's Fast Money that Bitcoin's value could approach $40,000 by the end of 2018. “Ethereum, which just hit or is approaching $500, could triple.” - Mike also thinks.
Mexico's upper house of the national legislature has approved a financial technology bill that would bring local Bitcoin exchanges under the control of the central bank.
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