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Bitcoin’s Rapid Increase Should Compel Crypto Investors to Own Gold, Says Top Miner
13.2.2021
Sandeep Biswas, chief executive officer of Newcrest Mining, one of the world’s biggest gold miners, has said that the sharp increase in bitcoin prices should compel crypto investors to hold gold as a safe-haven asset. In a Feb. 11 interview with Bloomberg TV, Biswas criticized bitcoin’s...
More harm than good? Nigerian crypto users in disbelief over CBN ban
13.2.2021
Crypto and blockchain stakeholders in Nigeria have criticized the central bank’s decision to ban banks from servicing crypto firms
Amazon Is Working on Digital Currency Solutions— Pilot Project Set to Launch in Mexico
13.2.2021
The e-commerce giant is preparing to explore the crypto business, as a recent job listing suggests. Amazon is looking to launch a pilot project in Mexico that seeks to build a team that develops new solutions based on “digital currencies.” E-Commerce Giant Amazon Seeks to Target...
South Korean Court Orders Bithumb to Compensate Users for an Accidental BTC Withdrawal Case in 2018
13.2.2021
A South Korean court ordered one of the biggest domestic crypto exchanges to compensate victims of an “accidental withdrawal” incident in 2018. Bithumb has been ordered to pay customers who withdrew their bitcoin funds to an unknown wallet. Funds Ended Up in a Wallet With an Unknown...
Colombia’s Financial Superintendent Approves Nine Crypto Platforms to Work With National Banks
13.2.2021
In Colombia, the entity managed by the Ministry of Finance and Public Credit, the Financial Superintendence of Colombia (Superfinanciera) has revealed the authorization of alliances between Colombian banks and digital currency exchanges. So far, Colombia’s financial department has approved...
Deutsche Bank Quietly Plans to Offer Crypto Custody, Prime Brokerage
13.2.2021
The bank’s game plan was hidden in plain sight in a widely overlooked report by the World Economic Forum
2021 Crypto Market Stats Show a Number of Other Coins Gained More Than Bitcoin
13.2.2021
During the end of 2020 and into 2021, a great number of digital assets have seen significant gains and the bearish season that followed 2017 has turned its course. Bitcoin touched an all-time price high on February 11, 2021, reaching $49k per coin and three-month stats show bitcoin is up 198%....
Miami Going Full Bitcoin: City Supports Efforts to Hold Bitcoin in Treasury, Allow Tax Payments in BTC
12.2.2021
The U.S. city of Miami is going full bitcoin. The city commissioners have voted to support the mayor’s resolution to allow payments in bitcoin for salaries, taxes, and fees. The city also supports efforts to make bitcoin an acceptable currency for potentially investing in the state treasury....
BitPay integration brings crypto payments to Apple Pay’s 380 million users
12.2.2021
Bitpay prepaid Mastercard users can now connect with Apple Pay for purchases
US Treasury Secretary Janet Yellen Says ‘the Misuse of Cryptocurrencies Is a Growing Problem’
12.2.2021
Janet Yellen, the new U.S. Treasury Secretary, has warned about “a growing problem” from “the misuse of cryptocurrencies.” She emphasized that “cryptocurrencies have been used to launder the profits of online drug traffickers; they’ve been a tool to finance...
Crypto Payments Provider BitPay Adds Apple Pay Support
12.2.2021
Apple Pay functionality will allow cardholders to make purchases in store and online using the crypto held in their BitPay wallet
A new trend? Non-crypto CEOs and celebrities embrace Bitcoin on Twitter
12.2.2021
Are business leaders signaling the technological future they believe is coming to pass — i.e., international and decentralized?
Oldest US Bank BNY Mellon Sets Up Crypto Unit to Offer Bitcoin Services
12.2.2021
The Bank of New York Mellon, BNY Mellon, has set up a digital asset unit. The oldest bank in the U.S. plans to “hold, transfer, and issue” bitcoin and other cryptocurrencies on behalf of its clients. The bank aims to eventually treat cryptocurrencies like any other assets. BNY Mellon...
India’s Crypto Community Fights Back As Ban Bill Turns Into Tiresome Soap Opera
12.2.2021
Crypto enthusiasts in India have run out of patience with unsourced reports of the government’s alleged forthcoming crypto crackdown – and have challenged New Dehli to come clean with its intentions.
On Twitter, Indian crypto community members say that they are tired of the government allegedly...
Kyrgyzstan central bank plans to introduce licenses for crypto exchanges
12.2.2021
The central bank of the Kyrgyz Republic wants to provide crypto investors with the same level of protection that is already in place in traditional finance
Wall Street Embrace of Crypto Grows Closer as Employees Argue on Its Behalf: CNBC
12.2.2021
On a Zoom call with traders in January, co-President Daniel Pinto suggested he was open-minded about bitcoin
Miami Commissioners Reject Mayor’s Push to OK Crypto Use, Vote to Study It First: Report
12.2.2021
The city will seek a vendor to help City Hall pay all or part of its employees' salaries in bitcoin.
Residents would also have the option of using cryptocurrency to pay for city services
Nigeria’s SEC Puts Plans to Regulate Crypto on Hold in Light of Central Bank Ban
12.2.2021
Nigeria’s Securities and Exchange Commission (SEC) announced Thursday it has put plans to regulate cryptocurrencies on hold
Nigerian Senators Blast Central Bank For Its Crypto Ban
12.2.2021
Following the Central Bank of Nigeria’s (CBN) clampdown on banks facilitating crypto investments, a number of the country’s senators have voiced their outrage at the bank, calling on the Nigerian regulators to facilitate the further adoption of cryptocurrencies across the country. The CBN Governor...
Win a Tesla Car by Trading on Crypto.com, Buy Crypto with 0% Fees for 30 Days
12.2.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Crypto.com has just announced that it is offering 4 Tesla cars, worth more than USD 250,000 via a competition. Users of the Crypto.com application who trade BTC between now and 8 March 2021 will have...