Posts Tagged ‘crypto news’
BitPay Cryptocurrency Payment Processor Added Ether Support
To begin with, BitPay added support for Ether (ETH), the 2d largest cryptocurrency with market capitalization. According to the press release, companies, using BitPay, can accept Ether for purchases without having to install any improvements. BitPay also allows users to store and use Ether in their app. And holders of Visa prepaid cards for it…
New Study: 20% of Wealthy British Millennials Invested in Bitcoins
Michelmores LLP, a London-based law firm, conducted a survey of wealthy millennials in the UK and found that 20% invested in bitcoins (BTC) and the other cryptocurrencies. A survey published by FXStreet on September 17 showed that among those born between 1981 and 1996 with assets that could be invested in £ 5,000 ($31,000) or…
Facebook Announced Its Plans to Release Own Crypto in The Second Half of 2020
In an interview with a French magazine, the director of the Libra Association, Bertrand Perez, said that Facebook tokens would appear in the second half of 2020. Also, he made this very important statement on the same day as the statement of the Minister of Economy and Finance of France, Bruno Le Maire. The Minister…
Bitcoin Cash and HTC: A New Technological Partnership
Fortunately, there are no “favorites” among cryptocurrencies. So, IT supports either Bitcoin and Ethereum or, for example, Bitcoin Cash (BCH). One of the most popular telecommunication companies, HTC, announced a cooperation with Bitcoin.com. They want to implement an idea of HTC Exodus 1 — a smartphone which supports Bitcoin Cash in the wallet. Also, you…
Marshall Islands Spokesman Explains Fixed-supply National Cryptography
An official from the Marshall Islands published an essay explaining the country’s national cryptocurrency project ahead of the invest Asia 2019 conference. The issue of the extradition of the Marshall Sovereign (SOV) was discussed in an essay by David Paul, the Minister for Assistance to the President and the Environment of the Marshall Islands, published…
Banks must be convinced that Libra does not threaten global financial stability
To begin with, yesterday in Basel Libra representatives met with representatives of 26 central banks, including the US Federal Reserve Bank and the Bank of England. Also, this was the first major meeting of the founders of Libra and politicians since Facebook had announced plans to introduce a digital currency which would become an alternative…
New Smartphone with Cryptocurrency by Samsung and Kakao
To begin with, South Korean tech conglomerate known as Kakao Corp., the Google of South Korea, announced a partnership with Samsung on September 5th in which the Samsung Galaxy Note 10 will ship a special cryptocurrency edition of the smartphone. So, this version of the Note 10 will come preinstalled with free Klay. Klay is…
Modern Burger King — Now Bitcoin Payment is Available
Burger King is now accepting Bitcoin as a payment option in Germany on its website and mobile app. This comes as a surprise as it does not appear that any official announcement has been made by the burger joint. This isn’t the first foray into cryptocurrency payments for the fast-food chain, though. In 2017, Burger…
Cryptocurrency Regulation in Europe: The Netherlands & Germany
The Netherlands will start to regulate firms trading in cryptocurrency starting in January of 2020. So, if business wishes to continue to perform transactions via crypto, they must register with De Nederlandsche Bank or the Dutch central bank. Here on September 3rd, the Dutch central bank released a statement saying the next. “In concrete terms, firms…
Kakao Has Launched Own Cryptocurrency — Klay
Kakao, one of South Korea’s largest internet companies, is suspected of planning to list its cryptocurrency Klay on both a Chinese cryptocurrency exchange and a South Korean exchange. This comes from a report on the local news network News1 based in South Korea on August 31rst. Reports from News 1 state that a person familiar…