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McDonald's, Subway and Starbucks Among the First to Trial China's Digital Yuan

Mcdonalds has been named along with coffee giant Starbucks as one of the 19 retail firms and restaurants that will be first to try out China’s Digital Yuan in the new district of Xiong’An. On April 22, the Reformation and Development Commission of the Xiong,An district convened to discuss the pilot for China’s Digitial Currency … Continue reading McDonald's, Subway and Starbucks Among the First to Trial China's Digital Yuan

Offshore Tax Invasion Continues to be Investigated by OECD

The Organization for Economic Co-operation and Development (OECD) thinks that cryptocurrency might be the solution to preventing large scale tax evasion activities that are ongoing all over the world. The Common Reporting Standard (CRS), an information standard put in place to verify financial accounts on a global scale, has been uncovering offshore assets worldwide. The … Continue reading Offshore Tax Invasion Continues to be Investigated by OECD

OECD Will Launch International Crypto Tax Standards in 2021 says Tax Director

The director of the OECD’s Centre for Tax Policy and Administration has revealed that the Organization for Economic Co-operation and Development (OECD) will release international tax reporting standard for crypto assets in 2021. Pascal Saint-Amans, the director of the OECD’s tax center has reported that the OECD, a group of 37 nations working towards global … Continue reading OECD Will Launch International Crypto Tax Standards in 2021 says Tax Director

McDonald’s Begins Accepting Bitcoin as Payment Method in El Salvador, Starbucks & Pizza Hut Follow

McDonald’s, a major US fast-food company, has begun accepting Bitcoin as a payment option in El Salvador after the nation became the first to adopt the cryptocurrency as legal tender on Tuesday, September 7. OpenNode, an industry-leading bitcoin payment processor based in California, confirmed the development, stating that McDonald’s in El Salvador is now accepting … Continue reading McDonald’s Begins Accepting Bitcoin as Payment Method in El Salvador, Starbucks & Pizza Hut Follow

Chinese Authorities Wants McDonald's to Expand its Digital Yuan Acceptance

In a bid to advance the national integration of its Central Bank Digital Currency (CBDC) dubbed the Digital Renminbi (e-CNY), Chinese authorities are reportedly mounting pressure on McDonald’s as well as other American firms to expand their acceptance of the e-CNY. Before this time, McDonald’s has been receiving payments through the digital Renminbi in about … Continue reading Chinese Authorities Wants McDonald's to Expand its Digital Yuan Acceptance

Musk Asks McDonald's to Take Dogecoin as Payment

Elon Musk tweeted, saying that he will eat a happy meal on television if McDonald’s accepts Dogecoin. “I will eat a happy meal on tv if @McDonalds accepts Dogecoin,” Musk, chief executive of Tesla Inc, said in a tweet. He is also a big supporter of Dogecoin said earlier this month that Tesla would accept the cryptocurrency … Continue reading Musk Asks McDonald's to Take Dogecoin as Payment

OECD Calls for Public Comments on Impacts of Crypto Tax Reporting

The Organisation for Economic Cooperation and Development (OECD) has called for additional requirements to the current model for which cryptocurrency-focused transactions are reported to the appropriate tax authorities. In a consultation paper published on Tuesday, the OECD argued that tax authorities around the world do not have the right visibility to monitor transactions involved in … Continue reading OECD Calls for Public Comments on Impacts of Crypto Tax Reporting

McDonald's in Swiss Town Accepts Crypto Payments in BTC & USDT

Multinational fast food chain giant McDonald’s now accepts Bitcoin and USDT as payment methods in the southern Swiss city of Lugano (Lugano). Residents of the city of Lugano can order food using a McDonald’s digital kiosk and then pay at the regular check-in desk with the help of a mobile app. Apart from crypto payments, this … Continue reading McDonald's in Swiss Town Accepts Crypto Payments in BTC & USDT

OECD Presents New Transparency Framework for Crypto-Assets to G20

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Crypto Snack enables RCD Espanyol to become the first football club to integrate crypto payments

Tallinn, Estonia, 17th November, 2022, Chainwire Crypto Snack, a global pioneer in cryptocurrency payment solutions, today announced the start of its first phase to enable La Liga’s RCD Espanyol to become the world’s first football club to fully integrate crypto payments. RCD Espanyol will accept over 30 different cryptocurrencies, including the SNACK token, for a variety … Continue reading Crypto Snack enables RCD Espanyol to become the first football club to integrate crypto payments

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