El Salvador Remittance Firms Hesitant To Adopt Bitcoin
El Salvador has made headlines in the past two weeks after its legislature passed a bill approving Bitcoin as legal tender. This means that Bitcoin would be used as legal tender in the Central American country alongside the U.S. dollar. Among
El Salvador First Country To Accept Bitcoin As Legal Tender
The last several days have been a whirlwind in El Salvador for Bitcoin. It started with the announcement from the President of El Salvador, Nayib Bukele at the Bitcoin 2021 conference in Miami. During the conference he made a monumental
Saxo Bank Launches Crypto Derivatives Trading
Saxo Bank is extending its reach to the crypto trading sector. Crypto trading on a retail basis will now be available to clients based in Australia and Singapore. Saxo Markets, the digital investing division of Saxo Bank, has announced it will
Citigroup Shifts to Crypto Amidst Growing Demand
Investment banks are now pursuing trading, finance and custody services related to cryptocurrency. It comes amidst growing retail and institutional demand for these assets. Citigroup is allegedly considering offering services related to crypto. Its target consumers are mainly asset managers and
Tether Holdings Surpass Insured Deposits In Many U.S. Banks
Tether has reported more than $50 Billion in circulation. This is more than the insured deposits in most U.S. banks.Tether is a crypto stablecoin pegged to the U.S. Dollar. This is an excellent record for the token, given that it is
Visa Says Platform Embracing Crypto In ‘Very Big Way’
Ternio Blockcard Visa CEO has stated that one of the leading payment platforms is hugely shifting towards cryptocurrencies. He outlined 5 key areas that Visa can explore to achieve this. Visa, one of the leading payments giants, has embraced cryptocurrencies in
AXA Starts Accepting Bitcoin Payments
AXA, the largest insurer in Switzerland, has started accepting payments from private customers in the form of Bitcoin. People can start making payments in Bitcoin for insurance premiums for non-life insurance products. AXA, the second-largest insurance company in Europe, has become
TIME Magazine Partners with Grayscale To Accept BTC
https://twitter.com/Sonnenshein/status/1381662798585946112 TIME Magazine has collaborated with the largest global crypto asset manager, Grayscale. The magazine has also agreed to accept Bitcoin as payment and hold Bitcoin in its balance sheet. The adoption of Bitcoin as a payment mode has been on the
NBA Top Shot Creator Receives Funding
Basketball stars, Michael Jordan and Kevin Durant are among the people who have contributed towards the creator of NBA Top Shot, Dapper Labs. Dapper labs, which is a blockchain technology company and the creator of NBA Top Shot has received $305
Google Searches For Bitcoin Surge In Turkey After Lira Crash
Google searches for Bitcoin rose by over 550% after the Turkish Lira fell by 14%. The region is experiencing a wave of volatility and economic uncertainty, which has affected the country’s currency. The economic strife in Turkey is not new. In