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Youth Fashion Retail Chain Pacsun Now Accepts 11 Cryptocurrencies
7.10.2021
On October 5, the youth fashion and retail brand Pacsun announced the company is now accepting cryptocurrencies via Bitpay’s payment services. Pacsun says the company has a youthful audience that is “very tech-oriented” and the firm has seen an “increasing desire towards...
AMC CEO Says ‘Huge News’ for Dogecoin Fans as the Movie Theater Chain Begins Accepting Crypto Payments for Gift Cards
7.10.2021
The CEO of the world’s largest movie exhibition company, AMC Entertainment, has announced “huge news” for dogecoin fans. While his company works on accepting cryptocurrencies, he said that customers can now “buy AMC Theatres digital gift cards … with dogecoin...
Cryptowisser : China Crypto Ban Sheds Light on Over 15 Countries That Restrict or Ban Cryptocurrency
4.10.2021
PRESS RELEASE. October 2021, leading Crypto service comparison site – Cryptowisser, take an in-depth look at the recent crypto ban in China as well as several other countries who legally restrict crypto currency in some way and why. As the Cryptowisser report states, there are over...
Joe Biden: US Bringing 30 Countries Together to Stop ‘Illicit Use of Cryptocurrency’
3.10.2021
President Joe Biden says that the U.S. will bring together 30 countries to stop “the illicit use of cryptocurrency.” The United States is “partnering closely with nations around the world” to respond to the cybersecurity threats, Biden further said. US Will Bring...
Former Federal Prosecutor: There’s Much More to Crypto Than Financial Use Cases, Regulation Cannot Be One Size Fits All
1.10.2021
Former federal prosecutor Katie Haun says that regulators really need to take stock of the fact that we’re beyond just financial use cases of cryptocurrency. “There’s much more to crypto than that,” she said, adding that “Regulation cannot be one size fits...
Tesla CEO Elon Musk Opposes Governments Regulating Crypto, Says They Should ‘Do Nothing’
30.9.2021
Tesla CEO Elon Musk thinks governments should not try to regulate cryptocurrency. “I would say, do nothing,” he recommended. Musk believes that it is not possible to destroy crypto, but governments can “slow down its advancement.” Elon Musk Says Governments Should...
US Senators Introduce Bill Requiring Treasury to Report on Cryptocurrencies and Their Use Globally
29.9.2021
Two U.S. senators have introduced a bipartisan bill aimed at improving the oversight of cryptocurrency. The bill requires the Treasury Secretary to submit a report to Congress on cryptocurrencies and their competitiveness globally, including how other countries are using and mining them as well...
US Lawmakers See China’s Authoritarian Crackdown on Crypto as Big Opportunity
25.9.2021
Several U.S. lawmakers see China’s authoritarian crackdown on cryptocurrency, including bitcoin, as “a perfect opportunity for American leadership on cryptocurrency.” One senator noted that it is “a reminder of our huge structural advantage over China.”...
Ukraine Officials Fail to Account for Millions in Declared Crypto Assets
19.9.2021
Personal asset declarations filed by politicians and government officials in Ukraine have indicated that many have made significant investments in cryptocurrency. However, some of them have been unable to prove ownership or account for their digital holdings, local media reported. Lawmaker Loses...
SEC Chair Gensler: ‘We Don’t Have Enough Investor Protection in Crypto Finance, Issuance, Trading, or Lending’
16.9.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, explained that there is not enough investor protection in cryptocurrency. He added that the securities regulator needs more funding and manpower to effectively regulate the crypto sector. SEC Chair Gensler Says More...
US Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transaction Fees, Financial Inclusion
16.9.2021
At the U.S. Senate Banking Committee hearing Tuesday, Senator Elizabeth Warren called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to increase oversight of cryptocurrency. She brought up several problems she associates with cryptocurrency that could hurt small...
Nigeria’s CBDC ‘a Safer Option’ Than Privately Issued Cryptocurrencies: Central Bank Official
14.9.2021
As part of the Central Bank of Nigeria (CBN)’s digital currency charm offensive, Folashodun Shonubi, the institution’s deputy governor, has claimed that the country’s upcoming central bank digital currency (CBDC) will be a “safer option from privately issued...
Elektra Group President Ricardo Salinas Hints at Inclusion of Lightning Network Payments in Mexico
8.9.2021
Ricardo Salinas, president of Elektra Group, one of the biggest retail franchises in Mexico, hinted at the possibility of integrating payments using Bitcoin’s second layer solution, the Lightning Network. Salinas made the announcement yesterday via Twitter. This would allow residents of...
Cryptowisser : Cryptocurrency Likely to Be More Environmentally Friendly Than Traditional Banks
6.9.2021
PRESS RELEASE. Leading Crypto service comparison site – Cryptowisser deep dives into the environmental future of cryptocurrency. Despite major scrutiny from traditional media and press, cryptocurrency possibly remains more environmentally friendly than traditional banks, just no one...
Mad Money’s Jim Cramer Recommends Putting up to 5% of Portfolios in Crypto
26.8.2021
The host of CNBC’s “Mad Money” show, Jim Cramer, has recommended putting up to 5% of portfolios in cryptocurrency. Stating that he owns ethereum directly, Cramer affirmed that he is a believer in crypto. Jim Cramer’s Crypto Allocation Advice Mad Money host Jim Cramer...
Finder’s Poll Shows Vietnam Holds the Highest Percentage of Crypto Ownership Worldwide
15.8.2021
On Friday, the product comparison website Finder published the company’s August Cryptocurrency Ownership Report, which surveyed 42,040 citizens across 27 countries. The report ranks countries by digital currency adoption and it shows regions like Vietnam, Indonesia and India have the highest...
Southeast Asia’s Largest Bank DBS Expands Crypto Business to Meet ‘Growing Demand’
13.8.2021
DBS, Southeast Asia’s largest bank, has announced a series of milestones for its crypto business. Its brokerage arm has obtained preliminary approval from the Monetary Authority of Singapore (MAS), Singapore’s central bank, and its crypto exchange will start operating 24-7 to meet...
Billionaire Hedge Fund Manager Ray Dalio Still Concerned Government Could Outlaw Cryptocurrency
9.8.2021
The founder of the world’s largest hedge fund, Bridgewater Associates, is still concerned that governments could outlaw cryptocurrencies. Nonetheless, he sees bitcoin as digital gold and owns some for diversification. Ray Dalio Worried About Government Outlawing Cryptocurrencies Bridgewater...
Finder’s Experts Predict Dogecoin Price Should Hit $1.21 by 2025 and $3.60 by 2030
4.8.2021
A panel of experts has shared their price prediction for dogecoin for the end of the year as well as in 2025 and 2030. Individually, the experts are divided on the future price of the meme cryptocurrency. Some noted that the price of dogecoin is heavily dependent on Tesla CEO Elon Musk promoting...
Digital Transformation Law Draft Would Allow Users to Pay Mortgages With Crypto in Spain
2.8.2021
A new proposal of a digital transformation law, written by a group of lawmakers in Spain would introduce the possibility of paying mortgages with cryptocurrency. The law draft also gives different incentives for companies and organizations using and developing solutions using these technologies...