Tag Archives: crypto

Twitter users everywhere are seemingly confused by a new tweet issued by Oscar-winning actress Reese Witherspoon. Reese Witherspoon Tweets About Crypto, People Push Back Users took issue with the randomness of the message, which reads as follows: In the (near) future, every person will have a parallel digital identity. Avatars, crypto wallets, digital goods will be the norm. Are you planning for this? At press time, the reasons behind the tweet are unclear, and many are...

If you’re looking to purchase your first house and you’ve got some crypto saved up, your portfolio could provide you with the down payment you’ll need thanks to a new property development company that’s saying “yes” to assets like BTC, ETH, and Doge. The company is Harbor Custom Development, Inc., and the company is opening its doors to crypto payments for real estate. Harbor Custom Seems to Love Crypto Based in Gig Harbor, Washington, Harbor Custom lists a wide array of...

John Reed Stark – former head of the internet enforcement team with the Securities and Exchange Commission (SEC) – believes that every business in the U.S. accepting cryptocurrency as a method of payment is likely to stop by the time 2024 begins. John Stark Believes Crypto Will Serve No Purpose in 2 Years The reasoning behind his statements has to do with new cryptocurrency reporting laws that are set to take effect after December 31, 2023. The hurdles in the new...

Customers Bank – a top 100 commercial and consumer bank – is looking to broaden its expertise and presence in the cryptocurrency space. The company has worked to bring on at least seven new digital currency experts as a means of helping the bank provide proper crypto services to its many clients. At the time of writing, Customers Bank manages close to $20 billion in total assets. Customers Bank Is Looking to Boost Its Crypto Expertise Sam Sidhu – president and chief...

Abu Dhabi – the capital of the United Arab Emirates (UAE) – has stated that it is looking to become one of the biggest crypto hubs in the world. The region is looking to reduce its reliance on standard gas and oil while boosting its investments in the crypto space. Abu Dhabi and Crypto… A Solid Match? The UAE was one of the first nations to establish regulation for the growing crypto space, having done so in 2018. Since then, many new digital currency trading platforms...

India has fallen behind on its plans to regulate cryptocurrency. The winter session of Parliament was supposed to see a new bill introduced that would recognize crypto as a new asset class that could be regulated and monitored. However, this has not yet occurred and thus India’s digital currency future is still in the clouds. India and Crypto Regulation: What’s Happening? The good news is that regulatory officials have stated that at this stage, outright banning crypto...

The Gibraltar Stock Exchange (GSX) is permitting users to trade cryptocurrencies like bitcoin and Dogecoin alongside standard government bonds. Gibraltar Has Some Big BTC Plans Gibraltar is a tiny region owned by Britain. Housing just over 33,000 people, it is a small territory to say the least, yet it boasts an economy worth more than 2.4 billion pounds at the time of writing. Gibraltar is also overseen by a team of roughly 82 regulators, meaning the area’s finances are...

Global fintech and blockchain company ALT 5 Sigma Inc. is partnering with a financial institution known as Bank Line to provide what can only be described as crypto-based brokerage services. Bank Line and ALT 5 Join Hands Over Crypto Bank Line is a crypto-friendly banking platform that provides a list of all financial institutions in the United States, the European Union, the United Kingdom, and Central and South America that willingly offer crypto services to their...

Christine A. Parlour is the Sylvan C. Coleman chair at UC Berkeley’s Haas School of Business. She has taught investing courses for years and has recently introduced crypto into some of her courses to help students better understand this risky yet growing industry. Christine Parlour Discusses the Crypto Market In a recent interview, Parlour offered some thoughts on the significance of crypto and how it can potentially change the world of finance. She says: Over time, as...

Manasquan Bank in New Jersey has chosen Bakkt Holdings, Inc. to be its partner platform in offering customers digital currency services. Manasquan Bank and Bakkt… The Perfect Pair? Manasquan Bank is a community-based mutual bank that manages nearly $3 billion in assets. The bank’s retail clients will now be able to sell, buy, and hold digital currencies through the firm’s new services, which are being initiated through Bakkt, a crypto custody enterprise designed...