The US food chain giant Shake Shack is reportedly offering its customers BTC as a reward for spending money at their burger chain using Cash App. Shake Shack is an American fast-casual restaurant that’s based in New York City. It has locations in multiple countries and over 6,000 employees. According to a recent report on The...Read More
Mike Novogratz, CEO of digital assets company Galaxy Investment Partners, predicted that the Russia-Ukraine war will boost crypto adoption and lead to the marginalization of the dollar. “This is a big deal, in a lot of ways. This is starting the acceleration of de-dollarization of the world,” he commented. The billionaire American investment banker made...Read More
The Canadian subsidiary of KPMG – one of the “Big Four” international accounting firms – has just confirmed the addition of Bitcoin and Ethereum to its corporate treasury. The purchase is said to “reflect the firm’s commitment to emerging technologies and asset classes”. According to a press release from Newswire, KPMG included carbon offsets alongside...Read More
By partnering with the bitcoin-centered company New York Digital Investment Group (NYDIG), UNIFY will become the first credit union to offer BTC services to its members. The collaboration was also joined by pro football player Safety John Johnson III. The announcement from earlier this week informed that UNIFY customers will now be able to buy,...Read More
Customers of U.S. financial service provider Five Star Bank will soon be able to securely buy and invest in bitcoin (BTC) directly from their bank accounts thanks to a partnership with NYDIG. Five Star Bank to Offer Bitcoin Trading Services New York Digital Investment Group (NYDIG) has struck a partnership with American-based Five Star Bank...Read More
Eric Adams – newly elected mayor of New York City – is following through on his promise to receive his first paycheck in Bitcoin. Some of his salary will even be converted to Ether – the second-largest cryptocurrency. The Paycheck Promise The City of New York confirmed the payment decision from its official site earlier...Read More
Bitcoin and cryptocurrencies are one step closer to mainstream adoption as NCR Corporation, a leading manufacturer of automated teller machines (ATMs), has enabled customers to buy and sell crypto assets on its more than 750k ATMs and digital touchpoints across 140 countries. NCR Acquires Crypto Firm LibertyX The development comes after NCR announced the acquisition...Read More
According to a recent survey conducted by the payment processor giant Visa, almost a quarter of the participants across nine nations said they intend to embrace digital currencies as a form of payment sometime this year. Furthermore, 13% of consumers in these countries predicted retail stores will begin allowing crypto settlements in the following 12...Read More
Former member of parliament of Tonga, Lord Fusitu’a, revealed that the country’s legal tender bill for Bitcoin is “modeled on” and is “almost identical” to that of El Salvador. Bitcoin and Tonga According to the latest tweets, Lord Fusitu’a hinted at the tentative arrival of Bitcoin as a legal tender for the Pacific island nation...Read More
Washington-based real estate firm – Harbor Custom Development, Inc. – will reportedly start accepting digital currencies as payment for its residential homes, apartments, condominiums, and other properties as of January 24th. Crypto Making its Way in the Retail Estate Industry According to a recent coverage, Harbor Custom Development, Inc. (Nasdaq ticker: HCDI) will embrace numerous...Read More
Andre Iguodala and Klay Thompson, two of the biggest stars of the Golden State Warriors, have hopped on the BTC bandwagon by indicating that they will receive their salaries in the asset through a partnership with CashApp. Iguodala took it to Twitter earlier to announce his collaboration with CashApp, which will enable him to receive...Read More
Banca Generali – an Italian Bank geared towards private banking and wealth management – plans to launch Bitcoin trading services in early 2022. These services will be enabled through an integration with Conio – a Bitcoin wallet/ exchange app. Bitcoin in Italy Financial magazine “We Wealth” provided details on the bank’s new services last month....Read More
Nayib Bukele, who made history last year by becoming the first President to adopt bitcoin as legal tender, believes two more countries will follow this example in 2022. Additionally, he predicted a price tag of $100,000 for the primary cryptocurrency. It’s safe to say that El Salvador is the most open country in terms of...Read More
The American breast cancer organization – Susan G. Komen (also known as Komen) – enabled people willing to support the cause to donate digital assets instead of fiat currencies. The partner in the initiative is the donation platform – The Giving Block. Susan G. Komen announced the new additions on its Twitter page. The organization...Read More
Santa Claus could be granting the wishes of Turkish cryptocurrency enthusiasts as the country embarks on a revolutionary change in its cryptocurrency policy. Turkey’s President Recep Tayyip Erdoğan said today in a press conference that he expected the nation to make a leap forward with a new economic model, and as a first step, he...Read More
One of the largest supermarket chains in Mexico – Elektra – allowed customers to pay their bills in bitcoin instead of fiat currencies. To process the cryptocurrency payments, the company partnered with BitPay. At the same time, the South Korean-Japanese video game publisher – Nexon – enabled players to purchase in-game items with digital assets....Read More
The preference towards the use of cryptocurrencies as an investment and store of value continues to maintain a generational gap, with Millennials at the forefront in the use of decentralized technologies – especially millionaire investors. According to the latest edition of the CNBC Millionaire Survey, the majority of millennial millionaires have invested in cryptocurrencies and...Read More
People in Colombia will soon have a new option to buy their favorite cryptocurrencies using their bank accounts just as easy as they buy any other product. The US-regulated cryptocurrency exchange Gemini announced that it had finally completed all the necessary steps to move to the implementation phase of a project that would allow Colombians...Read More
Mike Novogratz is not happy with U.S. President Joe Biden’s decision to pick Jerome Powell to chair the Fed for a second term. And he’s speaking not as a Bitcoiner but as an overall investor: He believes Powell could be detrimental to the markets’ growth. In an interview for CNBC this week, Novogratz hinted that...Read More
Mercadolibre, Latin America’s largest e-commerce site, is stepping up its bet on cryptocurrencies after several successful experiences. Now, a senior executive announced that within the next few weeks, the company will enable a service for buying, selling and saving cryptocurrencies, initially available to its customers in Brazil. New Crypto Services for Brazil According to Bloomberg,...Read More
The professional Baseball League club – Perth Heat – will reportedly pay all its players and staff in bitcoin. In addition, the Australian team might accept BTC as a payment method for merchandise, sponsorships, and ballpark concessions on game days. ‘The Heat’ to Fully Embrace Bitcoin A report by The Guardian reads that the cryptocurrency...Read More
Francis Suarez, the cryptocurrency-loving mayor of Miami, announced that he was working on a program to give free Bitcoin to the residents of his city thanks to the good results achieved by his city’s crypto project Miami Coin. In an interview for CoinDest TV, Suarez explained that he was looking for a way to distribute...Read More
Cryptocurrencies are continuing to gain traction as a payment option by businesses and governments alike. Recently, Deputy Luizão Goulart of Brazil proposed a bill to allow public and private sector workers to be paid in bitcoin. If passed, this would be the biggest national move to support digital asset adoption since El Salvador’s legal tender...Read More
Eric Adams – New York’s newly elected mayor – has just confirmed that he will accept his first three paychecks in Bitcoin. This comes shortly after the mayor delivered an electoral victory speech promising to make New York “a center for Bitcoin.” In New York we always go big, so I’m going to take my...Read More
Madhur Deora – CFO of Paytm – recently said that his company might enable Bitcoin offerings if it gains permission from Indian regulators. Paytm is one of India’s largest mobile payment platform, meaning over 330 million users could gain access to simplified Bitcoin payments if the company follows through. Waiting on Regulator’s Permission The CFO...Read More
One of the most prestigious business schools – Wharton School at the University of Pennsylvania – might become the next major organization that accepts bitcoin and other cryptocurrencies as a means of payment. The initiative will reportedly be available from the start of 2022, as the university will use Coinbase Global Inc to facilitate the...Read More
In another venture within the digital asset space, Mastercard is preparing to expand the cryptocurrency economy in a whole new way, according to a recent report. The payment services giant will soon announce the provision of crypto-integrated services to every bank and merchant on its network. Mastercard’s Big Crypto Plan As revealed by CNBC earlier...Read More
A month after the Bitcoin law went into effect in the central American nation of El Salvador, interest in the cryptocurrency has continued to soar as a greater percentage of residents are converting their dollars into BTC. In a tweet made by the country’s president, Nayib Bukele, El Salvador’s in-house crypto wallet app – Chivo...Read More
Car For Coin – an auction website where users can purchase luxurious cars – also provided bitcoin payments as an option. Other examples of the latest cryptocurrency adoption are the fashion brand – PacSun – and the charity organization – Nicklaus Children’s Hospital Foundation. Paying for Tesla in BTC Becomes Possible Again Even though Tesla...Read More
Lord Fusitu – a Tongan barrister, landowner, and MP – is a fervent supporter of making Bitcoin a true currency inside the nation’s borders. He plans on tabling a bill to make Bitcoin legal tender alongside Tonga’s national currency, the pa’anga. Why Make Bitcoin Legal Tender in Tonga? Tonga is a small island nation and...Read More
