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Spain Island Tourists Will Eventually Pay for ‘Everything’ in Crypto


The technical director of a joint local government-private enterprise group in Spain’s Balearic Islands believes that a future whereby tourists in the area pay “for everything” in cryptocurrencies is on its way. In an interview with news outlet El Mundo, Fundación Impulsa Technical Director Antoni...

Taxation Isn’t Just Theft – It’s Bad for Crypto Adoption


Crypto awareness is reaching levels almost unimaginable just years ago, with telecommunications giants, big banks, mainstream media, and even professional sports teams now discussing and flouting digital assets. AT&T now allows customers to pay their phone bills in bitcoin, Japanese SMS giant...

Crypto Facilitates Money Transfer for Restricted China


Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal to send or receive over $50,000 in fiat money without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in...

Crypto Banking Expands With Positive Interest Rates and New Services


Banking, in the traditional sense of the term, has become a financial burden for account holders in regions where the era of subzero interest rates has already set in. European nations like Sweden, Denmark, Switzerland, and Eurozone countries have been in negative territory for some time, and banks...

As Crypto Markets Go Cold, Who Will Pay for Open-Source Code?


Formerly a CoinDesk Contributing Editor, Daniel Cawrey is author of the upcoming “Mastering Blockchain” book to be published by O’Reilly Media. Earlier this year IBM purchased Red Hat, the oft-referred to model for how open source can thrive, for $34 billion. Long the consultant to enterprises,...

Why the Birth of Bitcoin Can Be Traced Back to 1971


The world economy is a complex system that has undergone many different phases in the past century. As strange as it may sound today, there have been times when banking crises were rare, pay was rising alongside productivity, and the U.S. dollar would buy a certain amount of pure gold. Despite...

Subdivision of SBI Holdings to Pay XRP as Its Shareholders Dividend


MorningStar Japan, a division of SBI Holdings, has announced to pay out its shareholders’ dividends in Ripple (XRP) token, according to the latest reports doing the rounds. SBI Holdings is the investment wing of the SBI Group, a financial services biggie of Japan. As per the official announcement...

Venezuela: Gov’t Crypto-remittance Platform Opens as Crypto-pay Booms


Cryptocurrencies are once again making the headlines in Venezuela – with a chain of pharmacies set to accept crypto pay, a government-run crypto-remittance platform now “fully operational” and a crypto-friendly department store claiming crypto pay success. As previously reported, Venezuela’s...

Craig Wright ‘to Pay BTC 1m’ as Judge ‘Rejects’ His Testimony


Bitcoin pioneer Craig Wright could be set to lose a whopping 50% of the BTC tokens he mined with his now-dead business partner David Kleiman – a figure that could be as high as BTC 1 million. A Twitter user claiming to have attended the latest court hearing in the case said that the presiding judge...

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