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The UK FTSE 100 index opened up 28.01 points, or 0.32%, at 8661.76 points on May 16 (Friday); the French CAC40 index opened up 0.15 points, or 0.00%, at 7853.62 points on May 16 (Friday); the European STOXX 50 index opened up 8.77 points, or 0.16%, at 5420.85 points on May 16 (Friday); the Spanish IBEX35 index opened up 58.80 points, or 0.42%, at 13968.20 points on May 16 (Friday); the Italian FTSE MIB index opened up 102.18 points, or 0.25%, at 40521.00 points on May 16 (Friday); and the German DAX30 index opened up 96.03 points, or 0.41%, at 23776.5 points on May 16 (Friday).On May 16, Germanys new Chancellor Friedrich Merz made a statement on the 15th regarding the US and Russias plan to restart the Baltic Sea undersea gas pipeline "Nord Stream 2", saying that Germany would not approve the operation of this pipeline.On May 16, Li Chenggang, International Trade Negotiation Representative and Vice Minister, attended the 31st APEC Trade Ministers Meeting. Li Chenggang pointed out that all parties of APEC should uphold the principles of openness, inclusiveness and inclusiveness, deepen cooperation on trade and investment liberalization and facilitation, and vigorously promote the process of regional economic integration. It is necessary to give full play to the positive role of artificial intelligence in promoting trade facilitation, and create an open and cooperative production and supply chain system for artificial intelligence to empower trade. It is necessary to build an open, inclusive, efficient and stable global production and supply chain to create a stable, fair, transparent and predictable development environment for enterprises. It is necessary to deepen cooperation on regional supply chain connectivity, promote standard docking, and achieve deep connectivity of regional supply chains.Market news: When asked about the progress of selecting an overseas headquarters, Nvidia (NVDA.O) CEO Huang Renxun said that relevant information might be disclosed during the keynote speech, but did not disclose more details. At the same time, Huang Renxun also revealed that he will have dinner with TSMC (TSM.N) Chairman Wei Zhejia tonight and will meet with TSMC founder Morris Chang tomorrow.Market News: Ukrainian President Zelensky arrived in Albania to attend the European Political Community Summit.

Crypto.com Expands Services With Shopify Offering 0 Transaction Fees

Skylar Shaw

May 18, 2022 09:45

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Crypto.com, one of the world's most well-known cryptocurrency exchanges, announced today that Shopify merchants may now accept cryptocurrency payments with Crypto.com Pay.

Crypto.com Extends Its Merchant Network

Shopify merchants will be able to tap into the market of clients who choose to pay in cryptocurrency, as well as provide chances for existing users who want to take use of this feature.


To further encourage Shopify retailers, Crypto.com is offering to eliminate the 0.5 percent settlement charge on all transactions for the first month following integration. Crypto.com will be able to spread its payment services to additional Shopify customers as a result of this.


Crypto.com now allows customers to make payments anywhere in the globe with no transaction fees, and it also encourages people to utilize its native currency, Cronos, with its payment platform. Users that purchase with Cronos on Crypto.com earn a substantial amount of crypto-cashback, which may reach 10% during specific times.


Users of Crypto.com will soon be able to pay Shopify merchants in 20 different cryptocurrencies, ranging from Bitcoin to Apecoin, as well as Ethereum, Cronos, Dogecoin, and Shiba Inu.


"Providing more consumers and merchants the chance to participate in commerce using cryptocurrencies is a goal for Crypto.com," said Kris Marszalek, Co-founder and Chief Executive Officer (CEO) of Crypto.com. We're ecstatic to be integrating with Shopify and bringing this functionality to even more consumers and businesses across the globe."

Crypto.com Expands Its Collaborations

With brand champions like Matt Damon, Crypto.com's strongest strength is marketing and advertising. As a result, the exchange is expanding to reach a larger audience.


The most recent move in that plan was Crypto.com's five-year collaboration with the Australian Football League, which saw it become the official cryptocurrency exchange and trading platform for both the AFL and the AFLW.


While it shines in terms of growth, it may struggle in terms of investor recovery as Cronos shareholders attempt to recover from the disastrous May 9 catastrophe.


CRO is up 16.64 percent this week, but it will be difficult for the cryptocurrency to recover from the 43.35 percent price drop experienced during the meltdown.