The Australian Securities and Investments Commission has changed its stand as per Bitcoin-linked exchange-traded funds (Bitcoin ETF). The Australian’ regulators made this known in a report by the Australian Financial Review. It said although it had rejected previous offers for Bitcoin ETF, it will now consider it. Why Did The Regulators Reject The Initial Bitcoin…
The United Kingdom is the next country to benefit from Paypal recently launched crypto services. The payment company has disclosed that it would start offering cryptocurrency services in the United Kingdom later this year. This move comes almost four months after PayPal first started its crypto services. The services, which began in the United States,…
Miami Mayor, Francis Suarez said that the city will adopt BTC as a means to carry out several important financial payments including salary payment. The mayor backed the cryptocurrency and appreciated the city’s commissioners for supporting his resolution on the cryptocurrency. The city is set to acquire a vendor to have the option to offer…
One of the aspirants for the seat of New York’s mayor has revealed his plans for the city. Andrew Yang says he would make the state a crypto hub if elected. New York Soon to Become a Crypto Hub? Yang made this known in a tweet yesterday. He recognized New York’s role as the financial…
Adult entertainment websites are cashing out big from cryptocurrencies and Stripchat has put plans in place to join the crypto train. Between last year and this year, lots of adult sites have seen a huge boost in their earnings through cryptocurrency. 400% Increase in Crypto Payments Stripchat says that it has observed an increase in…
Justin Sun, the founder of Tron recently announced that his investment in GameStop suffered deficit as it dropped to about $2M. The founder who had initially invested $8 million has said he is still willing to hodl. Investing Risk Justin Sun joined several others who invested in meme stocks. The pull was so strong that…
Global payment giant, Mastercard, is planning to take cryptocurrency usage a step further. Yesterday, the company announced it would now be integrating cryptocurrencies on the Mastercard network. Crypto Payments Should be Faster The integration is scheduled to take place later this year, although a particular date has not been publicized. This is completely different from…
A post on the Amazon Jobs website has said that Amazon is looking to hire software engineers and developers. These vacancies are for its Digital and Emerging Payments (DEP) division. The vacant posts are assigned to those who will work in a new digital currency project and payment product to be launched in Mexico. The…
Argo Blockchain, a public traded bitcoin mining company is planning to set up a new bitcoin mining facility in West Texas. According to the report the new bitcoin mining facility will be in control of nothing less than 800 megawatts of cheap, renewable energy. The New Bitcoin Mining Facility According to the report the firm…
A leading European telecomms company, Deutsche Telekom AG, has begun providing data to Chainlink blockchain. The telecomms company, according to revenue, is the biggest in Europe. The communications company is also delving further into the blockchain. An arm of the company, Deutsche Telekom AG subsidiary T-Systems Multimedia Solutions (MMS), has begun blockchain staking. It began…