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The global payment mechanism is experiencing a paradigm shift, as BRICS member China is seizing the opportunity of Trump’s tariffs by pushing the Chinese yuan as an alternative currency to the US dollar. Trade settlements in the Chinese yuan are on the rise as the world is looking to cut ties with the greenback. The trade wars kick-started by Trump are making emerging economies reconsider their ties with the US. “This is an opportunity that we must seize,” said Yang Changjiang, a Chinese finance professor at Fudan University. Also Read: BRICS: China Officially Launches Plan to Promote Its Own Payment System BRICS: Chinese Yuan Payments Touched 24% in 2025, A Big Leap From Last Year Source: Reuters / Getty Images A recent survey published by the Renmin University’s International Monetary Institute sheds light that bigger enterprises are now considering settling payments in Chinese yuan and lessening the US dollar transactions. Renmin University’s findings show that the...

Craig Wright might be on the run from the UK legal system and behind on his payment obligations, but he still can’t control his desire to post bizarre content to the internet. In a new video published to YouTube, the man famous for lying about writing Bitcoin’s whitepaper and who owes massive sums of money to victims talks from inside a wardrobe about the “philosophy of law” to a small gathering of e-course students. For over an hour, Wright talks about legal issues unrelated to Bitcoin and at the end promises to publish even more videos, saying he is working on additional content for “a Kindle or something like that.” Craig is on the run from the law, posting about the philosophy of law, from inside a wardrobe pic.twitter.com/rdmiPHfG4a — hodlonaut 80 IQ 10%er (@hodlonaut) August 20, 2024 Earlier this year, the highest copyright court in the world ruled that Wright lied about writing Bitcoin’s whitepaper, including submitting doctored evidence and perjuring himsel...

As of today, the Swiss city of Lugano has implemented a policy to accept cryptocurrencies, including Bitcoin and Tether, for the payment of municipal service s and taxes. Lugano’s decision facilitates an automated payment process via the Swiss institutional-grade cryptocurrency platform Bitcoin Suisse. This new system allows citizens and companies to pay for any local service or tax amount in cryptocurrencies. Practical implementation involves using the Swiss QR-bill, which enables payments through mobile wallets and selected cryptocurrencies. You might also like: Swiss city Lugano to accept BTC for taxes, grant $50m to crypto startups This development is part of Lugano’s broader “Plan B” strategy, a collaborative venture with Tether, focusing on using Bitcoin technology to revolutionize the city’s financial infrastructure. Bitcoin Suisse is a crucial technical partner, integrating payment solutions for tax collection and other municipal service s....

Ethereum Name Service has integrated fiat payment options for new decentralized domain registrations in a new partnership with MoonPay. Web3 users can now register decentralized .eth domain s on the Ethereum Name Service (ENS) protocol using a host of fiat payment options, including Apple Pay, and Google Pay, as well as debit and credit cards, ENS announced the launch of a new fiat on-ramp for domain registrations through Web3 fiat payment gateway MoonPay on April 20. Registrations of .eth domains previously had to be paid for using Ether (ETH) via cryptocurrency wallets, which was cited as a barrier to entry for prospective Web3 users. MoonPay’s service has been integrated into the ENS website, while the platform also launched version 3 of its user interface to streamline sign-ups. This is aimed at eliminating the need for multiple transaction approvals previously required with cryptocurrency wallets. A statement from ENS founder Nick Johnson highlighted the service’s focus on makin...