#sovereign-payments

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Cryptocurrency
from24/7 Wall St.
3 weeks ago

A Landmark Moment for Crypto As Iran Demands Bitcoin Payment From Oil Tankers Crossing the Strait of Hormuz

Iran is using Bitcoin for oil transit tolls, marking a significant use of cryptocurrency as sovereign payment amid U.S. sanctions.
fromwww.theguardian.com
2 months ago

UK bank bosses plan to set up Visa and Mastercard alternative over Trump fears

UK bank bosses will hold their first meeting to establish a national alternative to Visa and Mastercard, amid growing fears over Donald Trump's ability to turn off US-owned payment systems. The meeting, chaired by Barclays' UK chief executive, Vim Maru, will take place this Thursday and bring together a group of City funders that will front the costs of a new payments company to keep the UK economy running if problems were to occur.
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