Tag Archives: Bitcoin Adoption

Flori Marquez – Co-Founder of the cryptocurrency custodian BlockFi – expects FOMO to be the main factor, which will drive digital asset adoption in the next year. She concluded that the other two elements will be the talent shifting from traditional industries to the crypto sector and regulatory clarity. FOMO Will Be a ‘Huge Driver’ In a recent interview for Yahoo Finance, Flori Marquez – Co-Founder at BlockFi and Senior Vice President of Operations – opined that the digital...

One of the largest supermarket chains in Mexico – Elektra – allowed customers to pay their bills in bitcoin instead of fiat currencies. To process the cryptocurrency payments, the company partnered with BitPay. At the same time, the South Korean-Japanese video game publisher – Nexon – enabled players to purchase in-game items with digital assets. Elektra Joins The Crypto Club The behemoth became the first retail store in Mexico to accept bitcoin as a payment method. The...

People in Colombia will soon have a new option to buy their favorite cryptocurrencies using their bank accounts just as easy as they buy any other product. The US-regulated cryptocurrency exchange Gemini announced that it had finally completed all the necessary steps to move to the implementation phase of a project that would allow Colombians to buy cryptocurrencies with the funds stored on their Bancolombia accounts. This partnership is of great importance for the...

Mike Novogratz is not happy with U.S. President Joe Biden’s decision to pick Jerome Powell to chair the Fed for a second term. And he’s speaking not as a Bitcoiner but as an overall investor: He believes Powell could be detrimental to the markets’ growth. In an interview for CNBC this week, Novogratz hinted that from his point of view, Jerome Powell had failed to understand the political and economic reality of the United States and that the markets have a similar view, being...

The professional Baseball League club – Perth Heat – will reportedly pay all its players and staff in bitcoin. In addition, the Australian team might accept BTC as a payment method for merchandise, sponsorships, and ballpark concessions on game days. ‘The Heat’ to Fully Embrace Bitcoin A report by The Guardian reads that the cryptocurrency option will be available from Friday (November 19th) after a partnership with a digital asset payment company. The BTC settlements will...

Francis Suarez, the cryptocurrency-loving mayor of Miami, announced that he was working on a program to give free Bitcoin to the residents of his city thanks to the good results achieved by his city’s crypto project Miami Coin. In an interview for CoinDest TV, Suarez explained that he was looking for a way to distribute part of Miami Coin’s yield to the people of Miami. While some parameters are still to be defined, the idea is already well advanced. Miami Coin Paves the Way...

Twitter, the darling social network of all crypto enthusiasts, is determined to boost the decentralized technology industry and has created a dedicated crypto team focused on developing solutions for crypto, dapps, and DeFi. Engineer Tess Rinearson will lead the team. Before joining Twitter, Tess was involved in the development of Tendermint Core, also working with Chain.com, the Interchain Foundation, and Cosmos. Hello Twitter Crypto As Tess Rinearson explains in a thread,...

Mastercard is expanding its horizons, bringing cryptocurrency payments to the Asia Pacific region. Mastercard has developed the world’s most extensive payment network, with more than 36 million points of sale in more than 210 countries, according to official figures. Mastercard Offers More Options For The Crypto Enthusiasts Despite surpassing the hundred or so supported currencies and payment methods, Mastercard has been testing compatibility with cryptocurrencies for some...

Cryptocurrencies are continuing to gain traction as a payment option by businesses and governments alike. Recently, Deputy Luizão Goulart of Brazil proposed a bill to allow public and private sector workers to be paid in bitcoin. If passed, this would be the biggest national move to support digital asset adoption since El Salvador’s legal tender law. What’s in the Bill? The bold bill – proposed earlier this week – comes amidst an ongoing regulatory debate in Brazil...

Eric Adams – New York’s newly elected mayor – has just confirmed that he will accept his first three paychecks in Bitcoin. This comes shortly after the mayor delivered an electoral victory speech promising to make New York “a center for Bitcoin.” In New York we always go big, so I’m going to take my first THREE paychecks in Bitcoin when I become mayor. NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait! —...