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Goldman Sachs Confirms It Granted a Lender a Bitcoin-backed Loan
29.4.2022
The American investment banking heavyweight Goldman Sachs has granted a customer a cash loan backed by bitcoin (BTC).
Bloomberg reported that Goldman Sachs had confirmed that it had lent cash in a deal that was “collateralized by bitcoin owned by the borrower,” per “a spokeswoman for...
Digital Yuan Now Being Used to Pay Taxes in Chinese Pilot Zones
29.4.2022
Some Chinese citizens now appear to be paying their taxes in the digital yuan, with the pilot gathering pace in the nation’s fast-growing pilot area.
Per Hangzhou.com, a number of government organs in Zhejiang province are trialing solutions that involve “the online transfer of digital yuan”...
Singaporean investors’ appetite for crypto is key to mainstream adoption — Survey
29.4.2022
Independent Reserve’s survey revealed a strong affinity for various financial opportunities brought forward by decentralized finance and other investment opportunities
Here's How NFT Owners Trade and What Tools They Use
28.4.2022
Close to half of the surveyed non-fungible token (NFT) owners actively trade NFTs to earn profits, while the other half of holders mainly bought their NFTs either “to collect” or “for their utility,” according to a survey conducted by coin tracking site CoinGecko on Twitter....
Read More: Here's...
The Crypto Company Aiding El Salvador’s Bitcoin Adoption
28.4.2022
Chicago-based company Athena Bitcoin deployed bitcoin ATMs a week after El Salvador’s president legalized bitcoin as legal tender
One-fifth of businesses in El Salvador now accept Bitcoin: NBER study
28.4.2022
The researchers also found that Bitcoin is gaining ground compared to other payment methods within El Salvador
More Confidence By Banks Could Trigger 'Second Wave' Of Crypto Adoption - Expert Panel
27.4.2022
Asia-focused banks and financial institutions consider there is a need for more regulatory clarity across the region, but also more confidence by financial institutions to trigger what could become the “second wave” of crypto adoption across the region, according to the participants of a debate...
Central African Republic will adopt Bitcoin as legal tender: Report
27.4.2022
The African nation will reportedly join a short list of countries to adopt cryptocurrency as legal tender
Bitcoin & Gold ETP, Decentralized Autonomous Billions, Bybit's Options + More News
27.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Bitcoin & Gold ETP, Decentralized Autonomous Billions, Bybit's Options + More News
Central African Republic Has Adopted Bitcoin as Legal Tender - Reports
27.4.2022
The Central African Republic (CAR) has seemingly confirmed reports that it has adopted bitcoin (BTC) as legal tender – becoming only the second country in the world and the first African nation to do so.
Per reports from the French media outlets AFP and RFI, as well as Le Figaro, the CAR’s...
Working Study Says Despite Legal Tender Status, Bitcoin Is Not a Widely Accepted Medium of Exchange in El Salvador
27.4.2022
According to a working study published by the U.S. National Bureau of Economic Research (NBER), most Salvadorans stopped using the Chivo wallet after getting their $30 bitcoin bonus. The report shows that the median Chivo wallet user made no deposits or withdrawals in a given month. NBER Study:...
‘Nobody Big Enough’ to Manipulate Bitcoin, but Altcoins Offer Superior Returns, Pantera’s Morehead Says
27.4.2022
Around USD 70bn is traded in the bitcoin (BTC) market every day, meaning that the market is too large for any single actor to manipulate, crypto hedge fund Pantera Capital’s CEO Dan Morehead said, explaining his firm’s strategy of focusing on altcoin investing....
Read More: ‘Nobody Big Enough’...
American Borrowers Can Now Use Crypto Mortgages to Buy Home
27.4.2022
USDC.homes, a new decentralized finance (DeFi) project, is offering US homebuyers DeFi mortgages, enabling users to purchase homes using crypto without having to first liquidate it.
The project currently allows Texas residents to secure crypto mortgages but plans to expand its offering...
2 in 10 People in El Salvador Still Using Government’s Chivo Bitcoin App – Survey
27.4.2022
A survey has found that Salvadorans are using the state-run Chivo bitcoin (BTC) app and wallet sparingly if at all, with most simply downloading it to receive a USD 30 worth of bitcoin as a golden hello before returning to using the dollar....
Read More: 2 in 10 People in El Salvador Still Using...
Panamanian MP: Our Draft Crypto Law Is Different from El Salvador’s Bitcoin Law
27.4.2022
The MP architect of a draft Panamanian private member’s bill that proposes allowing the use of crypto as a form of payment has claimed that there are key differences between his proposed law and the Bitcoin Law adopted in El Salvador last year....
Read More: Panamanian MP: Our Draft Crypto...
Crypto Hires on the Rise in US, More Women Hired but the Gender Gap 'Is Getting Worse'
26.4.2022
The cryptoasset industry is intensifying its recruitment of new employees, with crypto hires rising by a robust 73% between 2019 and 2021 in the US. The number of female professionals hired by the industry is also on the rise, but their share of the total is decreasing, according to a recent...
Lighting Payments Come to Mobile Games, Fueling Bitcoin Adoption
26.4.2022
THNDR CEO Des Dickerson sees gaming as fertile ground for layer 2 payments and a big avenue for bringing new Bitcoiners into the fold. This piece is part of CoinDesk's Payments Week
Wen Lambo fixed? Mechanic receives first payment in Bitcoin to mend Lamborghini
26.4.2022
When a Lamborghini owner didn’t have cash on them to pay for their repair job, they used Bitcoin to pay Kansas City welder JayFab
Liverpool FC Mull Bid to Ditch TradFi for Crypto Firm in Shirt Sponsorship Deal
26.4.2022
Liverpool FC has reportedly held talks with at least two crypto-related firms, thought to be a major international exchange player and a blockchain operator, over a deal that could see a crypto firm’s name on the front of its first team shirts from next year....
Read More: Liverpool FC Mull...
Regulatory Clarity, More Transactional Use Could Boost Stablecoin Adoption - Crypto Summit Panel
26.4.2022
The USD 80bn-heavy stablecoin industry requires more regulatory clarity and harmonization across jurisdictions, but the coins' increased use for transactions is the ultimate factor that will boost adoption across the world, according to the participants of a discussion held at the Crypto...