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Japan’s Gaming Giant Nexon Buys 1,717 Bitcoins — Company Says BTC ‘Offers Long-Term Stability and Liquidity’
28.4.2021
Japanese gaming firm Nexon has purchased 1,717 bitcoins for approximately $100 million. The company believes “bitcoin offers long-term stability and liquidity while maintaining the value of our cash for future investments.” Japan’s Nexon Buys Bitcoin Major gaming company Nexon...
QE Infinity: US Fed to Keep Rates at Zero, Billion-Dollar Bond Purchases Until Economy Recovers
18.12.2020
This week the U.S. Federal Reserve met for two days at the Federal Open Market Committee meeting and detailed that it would keep short-term borrowing rates at near zero. Meanwhile, the Fed also stated that it would continue buying bonds until the U.S. economy returns to full employment....
Square’s Major Bitcoin Buy: Puts 1% of Total Assets Worth $50 Million in BTC
8.10.2020
Square Inc. has put 1% of its total assets in bitcoin worth about $50 million. The company believes that “cryptocurrency is an instrument of economic empowerment and provides a way for the world to participate in a global monetary system.” Square’s Major Bitcoin Buy Square Inc....
JPMorgan Chase Settles in Suit Over Credit Card Crypto Purchases
12.3.2020
JPMorgan Chase has settled a $1 million lawsuit with three men over abrupt changes made to its credit card fees for crypto purchases in 2018
Bitpay Users Can Now Purchase Crypto With Fiat In-App
25.1.2020
On January 23, the cryptocurrency payment firm Bitpay announced it will be allowing customers to purchase digital assets using the Bitpay platform. The Atlanta-based company partnered with fiat-to-crypto payment processor Simplex to offer the crypto purchasing experience. Bitpay says the latest...
Poles Hit With Backdated Tax on Crypto Trades
16.12.2019
Crypto traders in Poland have been unpleasantly surprised with a controversial tax they thought they wouldn’t have to pay. The Civil Law Transactions Tax (PCC) is applicable to digital asset trades conducted before the introduction of last year’s moratorium on its collection, the Polish...
These Websites Help You Shop With Major Retailers Using Cryptocurrency
20.6.2019
Cryptocurrency users are often forced to convert their coins to fiat in order to purchase items from leading retailers and ecommerce platforms such as Walmart and Home Depot, Amazon, Aliexpress, and Ebay. The hesitation of these merchants to embrace crypto payments has created a niche that’s...
Crypto Debit Cards You Can Use Now Plus a Few to Expect Soon
9.6.2019
Debit cards tied to cryptocurrency wallets provide an opportunity to spend your digital coins almost anywhere fiat money is accepted. It’s a working solution, at least until wider adoption comes around. That’s why they’ve become so popular in the crypto community. Challenges...