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Mastercard Study: 40% of Users are Ready for Cryptocurrency Payments

Mastercard Study: 40% of Users are Ready for Cryptocurrency Payments

Posted by By Vince Saboti May 5, 2021Posted inBitcoin News
American financial behemoth Mastercard submitted the results of its study on digital payments. The company underlined the growing interest in crypto payments amongst 15,570 company customers surveyed in 18 countries from around the…
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SEC Threatened XRP Holders with Legal Action

SEC Threatened XRP Holders with Legal Action

Posted by By Vince Saboti May 5, 2021Posted inBitcoin News
Investors who are aiming to intercede in the proceedings of the US Securities and Exchange Commission and the company Ripple are forcing the watchdog to initiate legal actions against them, the agency declared…
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Venezuela Will Start Paying Benefits in Petro Cryptocurrency

Venezuela Will Start Paying Benefits in Petro Cryptocurrency

Posted by By Vince Saboti May 3, 2021Posted inBitcoin News
The government of Venezuela will shift the payment of social benefits by utilizing its own Petro cryptocurrency, announced President Nicolas Maduro. This measure is aimed at countering hyperinflation, which in last year, according…
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Ethereum Rises Above $3K for the First Time in History

Ethereum Rises Above $3K for the First Time in History

Posted by By Vince Saboti May 3, 2021Posted inBitcoin News
Ethereum, the second-largest cryptocurrency by market cap, rose above the $3,000 price mark late on Sunday for the first time so far, after setting numerous all-time highs in the past week. At the…
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Coinbase Adds the Ability to Buy Cryptocurrencies with PayPal

Coinbase Adds the Ability to Buy Cryptocurrencies with PayPal

Posted by By Vince Saboti May 1, 2021Posted inBitcoin News
Coinbase US clients can now purchase cryptocurrency applying debit cards and bank accounts connected to PayPal. Soon, the service will come to be accessible in other countries as well. According to a notice…
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Turkish Government to Create a Central Custodian for Crypto Transactions

Turkish Government to Create a Central Custodian for Crypto Transactions

Posted by By Vince Saboti April 30, 2021Posted inBitcoin News
The Turkish government plans to form a central depository bank to reduce counterparty peril in contracts with crypto assets and establish capital requirements for crypto exchanges. Bloomberg reveals, citing a senior official acquainted…
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Iran Allows Mined Bitcoins to be Used to Pay for Imports

Iran Allows Mined Bitcoins to be Used to Pay for Imports

Posted by By Vince Saboti April 29, 2021Posted inBitcoin News
The Central Bank of Iran will permit banks, foreign exchange traders and registered miners to reimburse for imports employing cryptocurrencies. According to a note on the Iranian website Financial Tribune, the CBI delivered…
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Asian Video Game Publisher Nexon Buys $100M in Bitcoin

Asian Video Game Publisher Nexon Buys $100M in Bitcoin

Posted by By Vince Saboti April 28, 2021Posted inBitcoin News
A South Korean Japanese video game creator announced it has made a $100 million acquisition of Bitcoin, putting itself among the ranks of companies like Tesla and MicroStrategy who employed corporate savings to…
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JD.com Tests Digital Yuan Salary Payments

JD.com Tests Digital Yuan Salary Payments

Posted by By Vince Saboti April 28, 2021Posted inBitcoin News
Internet giant JD.com has been utilizing an electronic payment system built around China's digital currency to pay wages to some of its employees since the beginning of this year. In 2021, the company…
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Chinese State Banks to Offer Digital Yuan at Shopping Festival

Chinese State Banks to Offer Digital Yuan at Shopping Festival

Posted by By Vince Saboti April 27, 2021Posted inBitcoin News
A Reuters article revealed that ahead of the notorious May 5 e-shopping festival, China's six biggest state-owned banks are endorsing a CBDC distributed by China's central bank in Shanghai. Banks are encouraging retailers…
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