Ferrari Goes Pro-Crypto, Decides to Accept Bitcoin, ETH, USDC Payments for Its Cars

[ad_1] Ferrari, in a bold pro-crypto move, has decided to accept payments for its luxury cars in the form of Bitcoin, Ether, and USD Coin in the US. The Italian automaker analysed market demands and dealer requests that resulted in this development. The brand is also looking to engage with a younger generation of buyers, … Read more

Elon Musk’s X Acquires Currency Transmitter License, Could Introduce Crypto Payments: Report

[ad_1] Elon Musk’s X has acquired a currency transmitter licence for the microblogging platform in a US state, suggesting that the social networking platform formerly called Twitter could soon support processing payments in crypto as well as fiat currencies. This licence gives a company the right to facilitate custody, transfer, and exchange of digital currencies. … Read more

Blockchain Could Save Fintech Firms Billions as Sector Players Seek Improved Cross-Border Payments: Report

[ad_1] The blockchain technology could help the global fintech sector gain financially, as well as give it a much-needed refreshment in the coming years. Implementing the distributed ledger technology, that is blockchain, into the existing financial sector could save around $10 billion (roughly Rs. 82,252 crore) in the next seven years. The finding was published … Read more