Tag Archives: Bitcoin Adoption

Today, the Central Bank of Honduras (CBH) assured that for now, the country has no intention of following in the footsteps of El Salvador, extinguishing the FOMO sparked by rumors about the possible adoption of bitcoin as a legal tender in the Latin American country. According to the statement, The Central American country maintains a neutral position towards Bitcoin and cryptocurrencies in general. It has no intention of changing it for now. They stressed that Bitcoin is...

The US real estate investment trust – Noyack Logistics Income (NLI) – partnered with BitPay to embrace cryptocurrencies as a payment method. Moreover, the company became the first in its field to accept settlements of this type. NLI Jumps on the Bandwagon The latest organization to enable cryptocurrency settlements is the American alternative investment platform – Noyack Logistics Income. After a collaboration with BitPay, it allowed investors to fund their commitment with...

If you talk to any cryptocurrency aficionado about DeFi, Dapps, DAOs, NFTs, they are unlikely to think of Bitcoin as the first relevant blockchain, but OKCoin wants to change that. Today, the Asian exchange announced a partnership with Stacks to bring the highlights of the WEB3 revolution to the Bitcoin blockchain – and the investment to achieve this is strong. OKCoin and Stack Work Towards a More Advanced, Capable Bitcoin Ecosystem As OKCoin explained on its social networks,...

Slate Street – a bank holding company headquartered in Boston – has partnered with crypto infrastructure provider “Copper” to launch institutional-grade digital asset custody for its clients. Upon regulatory approval, the firm will offer custody services for some of the most “active” cryptocurrencies including Bitcoin, Ethereum, Cardano, Solana, and Polkadot. “The firm will leverage its robust infrastructure and vast experience to assist clients’ transition and thrive in the...

The US food chain giant Shake Shack is reportedly offering its customers BTC as a reward for spending money at their burger chain using Cash App. Shake Shack is an American fast-casual restaurant that’s based in New York City. It has locations in multiple countries and over 6,000 employees. According to a recent report on The Wall Street Journal, the chain has teamed up with Block Inc’s Cash App to offer Bitcoin as a reward for purchases that are made at their burger chain....

Mike Novogratz, CEO of digital assets company Galaxy Investment Partners, predicted that the Russia-Ukraine war will boost crypto adoption and lead to the marginalization of the dollar. “This is a big deal, in a lot of ways. This is starting the acceleration of de-dollarization of the world,” he commented.  The billionaire American investment banker made it clear in a tweet on February 25 that he stood with Ukraine in this war. He also shared a picture with Kyiv Mayor Vitali...

The Canadian subsidiary of KPMG – one of the “Big Four” international accounting firms – has just confirmed the addition of Bitcoin and Ethereum to its corporate treasury. The purchase is said to “reflect the firm’s commitment to emerging technologies and asset classes”. According to a press release from Newswire, KPMG included carbon offsets alongside the purchase, in order to maintain net-zero emissions on the relevant purchases. Bitcoin and Ethereum are often criticized...

The legendary bassist/vocalist of the rock band KISS – Gene Simmons – disclosed that apart from fiat currency, buyers can also purchase his $13.5 million home in Las Vegas in digital assets. Those accepted are Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Litecoin (LTC), and more. An’ Outspoken Proponent’ of Crypto The rock star, known among fans as “The Demon,” initially displayed his support towards the cryptocurrency industry at the beginning of 2021. Back then, he predicted...

By partnering with the bitcoin-centered company New York Digital Investment Group (NYDIG), UNIFY will become the first credit union to offer BTC services to its members. The collaboration was also joined by pro football player Safety John Johnson III. The announcement from earlier this week informed that UNIFY customers will now be able to buy, sell, and hodl bitcoin alongside their traditional accounts within the online banking platforms. The organization has more than...

Customers of U.S. financial service provider Five Star Bank will soon be able to securely buy and invest in bitcoin (BTC) directly from their bank accounts thanks to a partnership with NYDIG. Five Star Bank to Offer Bitcoin Trading Services New York Digital Investment Group (NYDIG) has struck a partnership with American-based Five Star Bank to onboard bitcoin trading and virtual currency transaction facilities for the latter’s customers before the end of Q2 2022. According to...