7- day Gainers From XT.COM 7/11–7/17 TOP5 GAINERS πŸ’°

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Crypto payments gain ground thanks to centralized payment processors

The cryptocurrency market has grown beyond many people’s expectations over the past decade. The nascent industry has managed to change mainstream perception quite significantly, especially in 2021, which saw many traditional financial institutions adopt crypto in one form or another.

https://cointelegraph.com/news/crypto-payments-gain-ground-thanks-to-centralized-payment-processors

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‼️ Giveaways and airdrops ONLY be announced through Gateway Protocol official social media channels πŸ‘‡πŸ»

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Gateway Protocol Updates | Jul. 2022

πŸ”— Details: https://twitter.com/gwprotocol/status/1552096037447143425?s=20&t=M8GMccMu8bLSe4gidICqyw

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Soneva's Luxury Resorts Now Accept Crypto Payments

Luxury resort chain Soneva has reportedly begun accepting payments in bitcoin and ethereum at its resorts.

Soneva has three resorts in the Maldives (Soneva Fushi, Soneva Jani, and Soneva in Aqua). The company also has a resort in Thailand (Soneva Kiri). Bitcoin and ether can also be used to pay for Soneva Villa Ownership.

https://news.bitcoin.com/sonevas-luxury-resorts-now-accept-crypto-payments/

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Who accepts Ethereum as payment?

A
merchant looking to receive payments in ETH needs to set up a payments infrastructure that facilitates transactions in an easy and convenient way.

https://cointelegraph.com/explained/who-accepts-ethereum-as-payment

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Nearly 75% of retailers plan to accept cryptocurrency payments within the next 2 years

From
Starbucks to Lamborghinis, consumers are using cryptocurrency to pay for a variety of goods β€” and retailers are taking notice.

Nearly 75% of retailers plan to accept either cryptocurrency or stablecoin payments within the next two years, according to a June survey conducted by Deloitte titled β€œMerchants getting ready for crypto.”

https://www.cnbc.com/2022/07/29/deloitte-75-percent-of-retailers-plan-to-accept-crypto-payments-in-2-years.html

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Mastercard and Binance eye widespread adoption of crypto payment solution

Following Mastercard’s collaboration with Binance, the world’s largest crypto exchange, on the launch of Binance Card in Argentina, the duo looks set to roll out the payment solution in more jurisdictions.

https://www.proactiveinvestors.com.au/companies/news/990904/mastercard-and-binance-eye-widespread-adoption-of-crypto-payment-solution-990904.html

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UAE’s Virtuzone to accept cryptocurrency payments via Binance Pay

UAE-based provider of business formation and corporate services will be accepting cryptocurrency payments via payment technology Binance Pay, it announced on August 29.

https://gulfbusiness.com/uaes-virtuzone-to-accept-cryptocurrency-payments-via-binance-pay/

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❌ Gateway Protocol Admins & Team Members will NEVER DM or Message you first. If you receive a DM from anyone claiming to be a staff member of GWP is a scam.

❌ Gateway Protocol Admins & Team Members will NEVER ask you for money or crypto.

πŸ”‘ Gateway Protocol Admins & Team Members will NEVER ask for personal information or private keys.

πŸ“Έ Guard your privacy and DO NOT post screenshots with account as that could make you into a target.

πŸ’§ Giveaways and airdrops ONLY be announced through Gateway Protocol official social media channels πŸ‘‡

πŸš€Website: https://gwprotocol.com/
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Dubai-Based Virtuzone to Accept Crypto Payments via Binance Pay

Dubai-based business formation services provider Virtuzone has begun accepting cryptocurrency payments using Binance Pay.

https://www.coindesk.com/business/2022/08/29/dubai-based-virtuzone-to-accept-crypto-payments-via-binance-pay/

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Bank of Russia agrees to legalize crypto for cross-border payments: Report

Historically opposed to the idea of using crypto as a payment method, the Bank of Russia has reportedly agreed to allow cross-border payments in crypto due to geopolitical changes.

https://cointelegraph.com/news/bank-of-russia-agrees-to-legalize-crypto-for-cross-border-payments-report

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BAHRAIN CENTRAL BANK SELECTS OPENNODE TO TEST CRYPTO PAYMENTS

The
CBB’s Regulatory Sandbox Framework allows FinTech firms to test and experiment their ideas and solutions related to the sector in a more efficient and effective environment.

https://financefeeds.com/bahrain-central-bank-selects-opennode-to-test-crypto-payments/

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Ethereum Merge: what does it mean for crypto payments?

The switch to Ethereum PoS, previously known as Ethereum 2.0, can be easily credited as the event of the decade in the crypto industry.

Riddled with multiple technical issues and subject to numerous postponements, it looks like the transition is finally nudging closer to its final stage.

https://www.finextra.com/blogposting/22914/ethereum-merge-what-does-it-mean-for-crypto-payments

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Crypto Payment Infrastructure Firm Opennode to Test Bitcoin Payments in Bahrain

Opennode, a bitcoin payment infrastructure firm, recently said it will run trials of its bitcoin processing and payout solution through the Central Bank of Bahrain’s regulatory sandbox.

According to Dalal Buhejji, an executive director with the Bahrain Economic Development Board, the central bank’s sandbox helps to ensure that fintechs will continue to innovate and adhere to best regulatory practices.

https://news.bitcoin.com/crypto-payment-infrastructure-firm-opennode-to-test-bitcoin-payments-in-bahrain/

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❌ Gateway Protocol Admins & Team Members will NEVER ask you for money or crypto.

πŸ”‘ Gateway Protocol Admins & Team Members will NEVER ask for personal information or private keys.

πŸ“Έ Guard your privacy and DO NOT post screenshots with account as that could make you into a target.

πŸ’§ Giveaways and airdrops ONLY be announced through Gateway Protocol official social media channels πŸ‘‡

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Colorado Residents Can Now Use Crypto to Pay Taxes

Colorado residents can now pay state taxes with cryptocurrencies using PayPal, according to the state's payment portal. Payment takes place through PayPal's cryptocurrencies hub for an additional fee.

https://www.coindesk.com/policy/2022/09/20/colorado-residents-can-now-use-crypto-to-pay-taxes/

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Russia Starts Developing Mechanism for International Crypto Payments

Financial authorities in Russia have begun work on a mechanism to facilitate the employment of cryptocurrencies for settlements with other nations amid sanctions. The country’s central bank and finance ministry have already agreed on a draft law regulating cross-border crypto payments.

https://news.bitcoin.com/russia-starts-developing-mechanism-for-international-crypto-payments/

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How This Ripple Partner Launched A Crypto Payment Solution In Argentina

Bitso is one of the largest exchanges in the region with over 5 million users. In Argentina alone, the platform onboarded over 1 million customers that will be able to make QR code crypto payments in certain regions as of tomorrow. The product will expand to the entire country in the coming months.

https://bitcoinist.com/ripple-partner-launched-payment-solution-argentina/

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