Japan Pushes Cashless Agenda by Rewarding Non-Cash Payments After Tax Hike
Japan’s recent October sales tax increase took the rate from 8% to 10%, the previous such hike occurring in April of 2014, when the rate was raised from 5%. The increase is accompanied this time around by new government policy which rewards cashless payments by allowing merchants to provide effective “cash back” of up to 5% on purchases. Also Read: Popular Smartphone Apps Are Adding Crypto Capabilities More Japanese...
Germany Barely Avoids Recession, Economy Remains Stagnated
The German economy, the largest and most influential in Europe, narrowly missed falling into recession last quarter. But with quarterly GDP growth averaging a little over 0% since the third quarter of last year, the Old Continent’s economic powerhouse is facing stagnation. Also read: Germany’s Financial Crisis Invokes 5-Year Rent Freeze Dodging Recession by a Hair With a seasonally adjusted 0.1% gross domestic product...
Iranian Grid Explains Electrical Costs Will Fluctuate for Bitcoin Miners
Throughout the course of 2019, Iran’s government and the country’s energy officials have been creating new guidelines for bitcoin miners setting up data facilities in the oil-rich nation. On Wednesday, Mostafa Rajabi, a spokesperson for Iran’s Energy Ministry, described a new price model for mining operations and prices per kilowatt-hour (kWh) will fluctuate during certain months. Also Read: Iranians Defy Warning and...
Instant Crypto Exchange Changelly Secures Access to SLP Tokens
Instant cryptocurrency exchange Changelly will start to use digital asset rates from Bitcoin.com’s trading platform. This will ensure better prices for Changelly users and help increase the reach of all SLP tokens that are exclusively listed on Bitcoin.com Exchange. Also Read: Universal Protocol Alliance to List Mega-Utility Token on Bitcoin.com Exchange Changelly to Use Rates From Bitcoin.com Exchange Bitcoin.com Exchange has...
Pornhub Suggests Crypto Payments After Paypal Censors Model Payouts
On November 14, the leading adult video sharing site on the internet, Pornhub, revealed that payment processor Paypal has blocked the company’s live performer payouts. In a blog post written on Thursday, Pornhub recommended alternative payments like writing a check or using the digital currency verge. Also read: Walk Like Nakamoto: 7 Anonymous Personalities in the Crypto Space Paypal Blocks Pornhub’s Live Performer Payouts...
