Category: Cryptocurrency

New SEC chair pushing for “robust” cryptocurrency regulations in the US

August 4, 2021

Gary Gensler believes it’s time for US financial leaders to become proactive on cryptocurrency The constant struggle of the US Securities and Exchange Commission (SEC) to establish a solid regulatory regime for the crypto space continues. Now, its newest chairman, Gary Gensler, is doing everything possible to make this a reality as soon as possible. […]

Shopify to allow NFT shops on its eCommerce platform

August 3, 2021

NFTs make it to Shopify as demand continues to be strong There is no doubt that over the last year non-fungible tokens (NFTs) have reached a level of popularity that perhaps not many people would have imagined in the past. Fortunately for NFTs, and those that offer them, this trend could be on the rise […]

Bank of America supports El Salvador’s legalization of Bitcoin as currency

August 3, 2021

The financial giant recognizes that cryptocurrency can help the unbanked population El Salvador and president Nayib Bukele are getting a big thumbs up from Bank Of America (BOA), one of the largest financial institutions in the US, after indicating its intention to include Bitcoin as a strategic plan in the Latin American country’s economy. While […]

U.S. Senators propose cryptocurrency taxes to fund infrastructure spending

July 30, 2021

In an effort to raise money for infrastructure projects, American senators are proposing taxes on cryptocurrency transactions.  These potential taxes are part of the U.S. Senate’s tentative $550-billion infrastructure deal.  If implemented, expanded cryptocurrency taxes could produce $28 billion in revenue to fund electricity and transportation infrastructure. The proposed legislation will also require all cryptocurrency […]

Miami to introduce its own MiamiCoin cryptocurrency next month

July 30, 2021

The new digital currency is expected to make Miami more self-sufficient Miami has lately been recognized for having a strong involvement with the crypto space. So much has been their relationship that it has now been announced that The Magic City has every intention of introducing a cryptocurrency in this upcoming month. According to officials, […]

Nevada’s casinos enjoyed a strong June, but the return of COVID-19 could be a problem

July 30, 2021

June brought more than $1 billion in revenue, but new health restrictions cause concern It has now been the fourth consecutive month in which Nevada casinos have grossed more than $1 billion combined. While June’s results look good, it remains to be seen if the trend will continue this month. Face masks are now mandatory […]

ProFunds launching first-ever U.S. Bitcoin mutual fund

July 29, 2021

Americans who want to add Bitcoin to their portfolios without handling crypto directly have a new investment option. ProFunds announced today that it is launching the Bitcoin Strategy ProFund. It’s the first-ever ETF or mutual fund in the U.S.A. that tracks the performance of bitcoin, before expense and fees. By purchasing the Bitcoin Strategy ProFund, […]

Bitcoin rewards app Lolli completes new funding round

July 29, 2021

Several high-profile investors contributed $10 million to help the company expand For some time now Lolli, the popular Bitcoin rewards application, has wanted to continue expanding its services to a wider audience. It seems that the goal is now easier to achieve after receiving new backing from venture funds and other major investors. The acceptance […]

DASH cryptocurrency fans are now going to be able to spend their holdings easily

July 28, 2021

DASH has high hopes for its cryptocurrency as an alternative to fiat Ease of use is starting to become a very common term in the cryptocurrency space. DASH is looking for this to be implemented with its users and, therefore, they can have the opportunity to spend their cryptocurrencies from the platform without any inconvenience, […]

Amazon denies rumors that it is planning on accepting cryptocurrency payments

July 27, 2021

Amazon.com has thrown cold water on media reports that claimed it was on the verge of accepting Bitcoin as a payment method on its site. The rumor, which appeared in the City A.M. newspaper, caused the world’s leading cryptocurrency to surge close to 15%, briefly topping the $40,000 mark. The cryptocurrency was trading below $30,000 […]

Access to cryptocurrency ATMs continues to increase around the globe

July 27, 2021

There are now 71% more crypto ATMs than there were at the start of the year As part of the adoption of cryptocurrencies, there continues to be a strong trend in the installation of crypto ATMs around the world. This is great news to all those people holding cryptocurrencies in their wallets, and is also […]

Amazon will reportedly accept Bitcoin before the end of the year

July 26, 2021

The eCommerce giant is embracing cryptocurrency, according to an unidentified source According to an anonymous source inside Amazon, the world’s largest eCommerce company, Bitcoin could become part of its equation by the end of this year. It is quite possible that the company is paving the way for a wider acceptance of crypto transactions, which […]

Bitcoin Depot and Circle K partner to bring crypto ATMs to hundreds of convenience stores

July 26, 2021

Bitcoin Depot announced today that it has signed a deal with Circle K to install cryptocurrency ATMs in hundreds of convenience stores across the USA and Canada. Bitcoin Depot currently runs the biggest network of Bitcoin ATMs. The company has already installed 700 ATMs in Circle K locations across 30 states. Today’s announcement makes Circle […]

JPMorgan continues shift toward cryptocurrency, offers access to crypto funds

July 23, 2021

The financial giant is going to give its high-end customers more crypto options The cryptocurrency universe continues to get more and more support from well-known financial institutions in the US. In this case, it has been JPMorgan Chase, the country’s leading investment bank, which announced that it has given the go-ahead to all advisors to […]

Cryptocurrency mining firm Argo Blockchain wants to list on a US exchange

July 22, 2021

The UK-based company is eyeing the possibility of a US IPO After having a strong presence and success on the other side of the world, Argo Blockchain no longer wants to simply go public in the UK but has now also started the application process for an initial public offering (IPO) in the US as […]

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