Tag Archives: Bitcoin News

Turkey – in the middle of its currency crisis – appears to be taking advice from and meeting with the most unlikely contender: El Salvador. Turkish president Recep Tayyip Erdogan recently met with Nayib Bukele as the country experiences one of the worst national currency crises in its long history. Could Turkey be the next big nation to declare bitcoin legal tender, and what will it learn from utilizing crypto? Will Turkey Be the Next Country to Declare BTC Money? The...

The central bank of Russia is allegedly considering a ban on all crypto activities, including transactions and mining. If this goes through, Russia will become the next in what appears to be a string of countries that have taken on very anti-crypto attitudes as of late. Russia May Be Next to Ban Crypto Prior to Russia is China, which announced over the summer that it was going to be ending all crypto and bitcoin mining projects within its borders as it worked to become...

Susan G. Komen, a leading breast cancer organization, is now able to accept digital currency donations. Susan G. Komen Will Allow BTC and Other Crypto Donations The news is huge in that digital currencies are being pushed closer towards their initial goals. What many people may not understand at this point is that bitcoin and other forms of crypto, while primarily speculative, were not designed to just be tradable assets. Rather, they were initially created to serve as...

The new budget session of Parliament in India is particularly important given that this is allegedly when the country is going to make some hardcore decisions regarding the future of crypto within the nation’s borders. Regulators are seeking to initiate some new laws in which anti-tax evasion laws surrounding crypto will be set in stone. India Is Looking to Prevent Tax Evasion Through Crypto India has had a very up and down relationship with digital currency. Since 2018,...

Most Americans don’t have a will or anything in place to decide how their assets or belongings should be distributed once they leave the Earth. According to a Gallup poll last year, about 46 percent of Americans don’t have a will, a number that has been largely consistent for the last 32 years. Many Americans Don’t Place Crypto in Their Wills In the past, things like airline rewards and credit card points were mostly up for grabs in situations like these. However, now...

The Australian Football League (AFL) has signed a deal with Crypto.com, one of the largest digital currency exchange firms in the world. Unfortunately, the deal has not made everyone happy. The AFL and Crypto.com Have Formed a Partnership The partnership is set to last a whopping five years, and Crypto.com will be the official crypto exchange and trading platform for both the AFL and the AFLW. Presently, Crypto.com also has deals with large sports leagues and...

Rain Financial in the Middle East – which operates the Rain cryptocurrency exchange licensed by the Central Bank of Bahrain – has garnered more than $110 million in series B funding as digital currencies become more mainstream and legitimate in that part of the world. Rain Financial Gets a Lot of Money The funding round was led by Paradigm, a San Francisco-based crypto investment firm. Also helping with the round was Kleiner Perkins in Silicon Valley. Additional funds...

Technology company Bitcoin Well has joined hands with the Greater Property Group (GPG) in Canada to assist customers in using BTC and other assorted cryptocurrencies to purchase both commercial and residential real estate. Bitcoin Well and Greater Property Group Work Together The worlds of crypto and real estate are coming closer and closer together. Not long ago, Harbor Custom Development in Gig Harbor, Washington announced that it would allow customers to pay for real...

Sotheby’s is hosting an auction that will feature a 555.55-carat black diamond. What’s the big clincher? Crypto enthusiasts are welcome to the table and can bid on the item with digital currency. Sotheby’s Says “Yes” to Crypto Bids Known as the “Enigma,” the diamond is listed in the Guinness Book of World Records as the largest cut diamond in the world. It will also be part of a special sale that is allowing crypto bidding. Among the currencies that Sotheby’s is willing...

Singapore is telling all crypto companies within its borders to cease advertising their products and services to members of the public. This rule also applies to any banks or traditional institutions that offer crypto. They are not allowed to produce any advertisements and they cannot show these ads in public areas like on buses or trains, websites, social media, physical ATMs, or broadcast and print media. Singapore Looks to Prevent Crypto Companies from Producing Ads...