Archives for: September 9th, 2021

Racketeering case against cryptocurrency platform BitMEX dismissed

Written by: ( September 9, 2021 )

A US District Court judge has dismissed a racketeering case against the owner of the cryptocurrency derivatives platform BitMEX. The plaintiffs had sued HDR Global Trading, arguing that BitMEX had violated several federal laws. However, after noticing that a large number of the offended party’s allegations had been directly copied from an alternate claim filed […]

Visa looks to support cryptocurrency payments in Brazil

Written by: ( September 8, 2021 )

In a new interview with Brazilian media source Seu Dinheiro, Eduardo Abreu, VP of new business at Visa, acknowledged that the payments giant plans on incorporating cryptocurrency as a payment option on its platform. Although no timeline was given, Abreu explained that Visa is exploring the possibility of allowing cryptocurrency to be used for purchases, […]

BBVA launches cryptocurrency investment support for non-accredited individuals

Written by: ( September 6, 2021 )

Last week, BBVA Switzerland introduced New Gen, a digital investment account that is open for both stocks and cryptocurrency. Most banks that have entered the cryptocurrency space will, in general, target high-net-worth individuals or licensed financial backers; however, BBVA is going a different route. New Gen has a somewhat low bar, accepting the Swiss franc […]

Decentralized search engine to come standard on EU Android devices

Written by: ( September 2, 2021 )

As of the beginning of this month, a decentralized search engine is now a default choice on all new and factory-reset Android devices sold in the UK and the European Union (EU). The inclusion of Presearch by Google could further chip away at the tech giant’s dominance among search engines, but it is a move […]

Twitter exploring cryptocurrency tips feature

Written by: ( September 1, 2021 )

Twitter is apparently laying a foundation to empower Bitcoin (BTC) tipping for content makers on the social media platform. As indicated by MacRumors, the most recent Twitter iOS beta incorporates lines of code that could see BTC become a piece of the “Tip Jar.” This supports a rumor that began after Twitter CEO Jack Dorsey […]

Cuba becomes the latest country to realize cryptocurrency’s potential

Written by: ( August 30, 2021 )

Cuba is joining other Latin American countries in realizing the potential of cryptocurrency. The Central Bank of Cuba issued a resolution last week that will establish the necessary rules to regulate the use of digital assets, including Bitcoin, in all forms of commercial transactions. It will also create the licensing procedures for all service providers […]

TikTok becomes cryptocurrency foe, removes content

Written by: ( August 26, 2021 )

Cryptocurrency content creators on TikTok aren’t feeling appreciated by the platform. Many have started to see their content disappear without warning, even though they assert that they are only trying to educate consumers about the market. New policy changes implemented by the social media platform seem to be taking a swipe at cryptocurrency content, leaving […]

Kraken cryptocurrency exchange plans expansion into Europe this year

Written by: ( August 25, 2021 )

US-based cryptocurrency exchange Kraken wants to officially expand its operations into Europe. The move comes after its biggest US rival, Coinbase, made a similar move earlier this year. Kraken co-founder and CEO Jesse Powell has announced that the company is actively seeking a European license, exploring several countries for potential approval. In an interview yesterday […]

PayPal launches cryptocurrency support in the UK

Written by: ( August 23, 2021 )

Residents of the UK now have the ability to buy, hold and sell cryptocurrencies through PayPal. The payments platform announced last November that it would begin providing support for cryptocurrency, a move that it initiated in the US at the time. It is now expanding its support, with the UK becoming the latest market it […]

Global cryptocurrency adoption has jumped 880% over the past year

Written by: ( August 18, 2021 )

Blockchain data platform Chainalysis has released its 2021 Global Crypto Adoption Index, following up on the same index published a year ago. It’s an initiative started to measure grassroots cryptocurrency adoption around the world, and this year’s results are staggering. Overall, according to the company’s analysis, global cryptocurrency adoption is up 880% from last year. […]