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About Vince Saboti

PayPal Reportedly in Talks to Acquire Crypto Companies, Including BitGo

PayPal Reportedly in Talks to Acquire Crypto Companies, Including BitGo

Posted by By Vince Saboti October 23, 2020Posted inBitcoin News
The American payments giant PayPal is exploring the possibility of acquiring cryptocurrency companies, including Bitcoin custodian BitGo. This has been reported by Bloomberg, citing insider sources of the information. The news comes just…
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Putin Aide Shed Light on Russia's Strategy for Digital Ruble Introduction

Putin Aide Shed Light on Russia’s Strategy for Digital Ruble Introduction

Posted by By Vince Saboti October 23, 2020Posted inBitcoin News
The digital ruble may be introduced in Russia in three to seven years, but Russia will not become the world leader in this matter, Dmitry Peskov, who is the special representative of the…
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Ripple Could Relocate to Japan or Singapore, CEO Brad Garlinghouse Says

Ripple Could Relocate to Japan or Singapore, CEO Brad Garlinghouse Says

Posted by By Vince Saboti October 22, 2020Posted inBitcoin News
Ripple co-founder Chris Larsen previously has stated that the company could leave the US due to an unclear regulatory condition. Ripple CEO Brad Garlinghouse confirmed the company standing. In a recent interview with…
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President of Kyrgyzstan Suggests Blockchain Technology to Combat Election Fraud

President of Kyrgyzstan Suggests Blockchain Technology to Combat Election Fraud

Posted by By Vince Saboti October 22, 2020Posted inBitcoin News
The president of the Republic of Kyrgyzstan, Sadyr Japarov, proposed that the election commission of his country implements the potential of blockchain-based technologies in the election process. The acting president highlighted his conviction…
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Number of Addresses Containing 100 BTC or More Hits a Six-Month High

Number of Addresses Containing 100 BTC or More Hits a Six-Month High

Posted by By Vince Saboti October 21, 2020Posted inBitcoin News
As reported by the Glassnode analytical platform, the number of crypto wallets containing 100 or more BTC reached a six-month peak this week. There are now about 16,159 wallets containing at least 100…
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The Bahamas Launch First in The World Central Bank Digital Currency

The Bahamas Launch First in The World Central Bank Digital Currency

Posted by By Vince Saboti October 21, 2020Posted inBitcoin News
The digital currency of the central bank (CBDC) is now available to the citizens of the Bahamas. Thus, the island nation became the first in the world to introduce a state-issued digital currency.…
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Introduction of Digital Dollar is Not a Priority Task, Federal Reserve Chairman Says

Introduction of Digital Dollar is Not a Priority Task, Federal Reserve Chairman Says

Posted by By Vince Saboti October 20, 2020Posted inBitcoin News
US Federal Reserve Chairman Jerome Powell said the regulator will not issue a digital dollar until all the risks and challenges associated with its introduction are eliminated. Powell made this announcement in a…
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Swedish Central Bank Wants Legal Basis for the Introduction of the E-Krona

Swedish Central Bank Wants Legal Basis for the Introduction of the E-Krona

Posted by By Vince Saboti October 20, 2020Posted inBitcoin News
The president of Sweden's central bank (Riksbank), Stefan Ingves, has declared his support for the introduction of a CBDC under the name e-krona. Ingves turned to the Swedish government with an appeal “to…
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Only 7% of Americans Have Ever Invested in Bitcoin

Only 7% of Americans Have Ever Invested in Bitcoin

Posted by By Vince Saboti October 19, 2020Posted inBitcoin News
A new study by Statista found out that only 7% of Americans have used Bitcoin so far. This means the current investment in the first cryptocurrency is still in a very early stage…
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Russian Banks Support the Introduction of a Digital Ruble

Russian Banks Support the Introduction of a Digital Ruble

Posted by By Vince Saboti October 19, 2020Posted inBitcoin News
Five banks in the Russian Federation have expressed their readiness to participate in the testing of a potential pilot project for a digital ruble, launched by the central bank. This has been reported…
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