About Author:
1 Confirmation with Jeff and Dave
A graduate of English, I stumbled on cryptocurrency while trying to proofread an article for a friend back in 2011, and since then, I have been hooked! I play word games when I am less busy (I'm a pro by the way) and I am a tennis aficionado.
Commercial real estate company and flexible workspace provider WeWork has become the latest company to start accepting bitcoin and other cryptocurrencies as a method of payment. WeWork Adopts Crypto According to a press release on Tuesday (April 20, 2021), WeWork stated that it would enable clients to make payments using...
The U.S.-based tech online retailer Newegg is now accepting Dogecoin (DOGE) as payment means on its platform. The recent development comes amid DOGE’s ongoing bull rally. DOGE now on the Newegg Platform In a press release published on Monday (April 19, 2021), Newegg revealed that it was enabling support for...
A top executive of the People's Bank of China (PBOC) revealed that it was planning to test its proposed digital yuan with foreigners at the upcoming 2022 Winter Olympics in Beijing. International Trial for Digital Yuan According to CNBC on Sunday (April 18, 2021), Li Bo, deputy governor of the...
The Bank of England (BoE) and Her Majesty's Treasury (HM Treasury) have jointly created a task force for the UK's proposed central bank digital currency (CBDC) project. Taskforce to Explore Modalities for UK's CBDC In a press release published on Monday (April 19, 2021), the BoE and the HM Treasury...
The Central Bank of the Republic of Turkey (CBRT) stated that it would ban the use of cryptocurrency as a means of payment. The upcoming ban comes amid an ongoing inflation crisis in the country. Turkey Bans Crypto Payments The CBRT announced the new legislation via the Resmi Gazete, otherwise...
The Governor of the Bank of Korea (BOK) Lee Ju-yeol opined that adopting cryptocurrency as a means of payment came with limitations. The statement comes as company behemoths are including crypto as a payment option on their platforms. BOK Governor Not Impressed With Crypto According to a report from local...
Half of the Swedish population are bitcoin owners on account of shares owned by a government savings fund in companies that hold the flagship cryptocurrency. Swede Savers Gain Exposure to Bitcoin The Seventh AP Fund or AP7 is the government-based alternative on Sweden’s pension market. The AP7 provides a savings...
The Department of Economic Development (Dubai Economy) and the Dubai International Financial Centre (DIFC) have both agreed to come together to expand the scope of their blockchain-based KYC platform across the United Arab Emirates (UAE). A Nationwide Blockchain KYC Platform According to the Islamic Finance News on April 13, the...
The first Bitcoin exchange-traded fund (ETF) in North America has seen impressive results, recording $1 billion in assets two months after its official launch. Purpose Bitcoin ETF Hits $1 Billion Milestone According to Purpose Investments on its website, the company behind the Purpose Bitcoin ETF, the product already raked in...
Galaxy Digital, a digital assets investment management firm, has become the latest company to file for a Bitcoin exchange-traded fund (ETF), with the U.S. Securities and Exchange Commission (SEC). Galaxy Digital Files for Bitcoin ETF In a Form S-1 published on Monday (April 12, 2021), Mike Novogratz's Galaxy Digital stated...
The Central Bank of Sri Lanka (CBSL), has issued a warning to the general public about the risks involved in cryptocurrency investments. CBSL Calls Crypto Investments Risky The CBSL gave the warning via a notice published on its official page on Friday (April 9, 2021). According to the Sri Lanka...
Professional wrestling and media company, the World Wrestling Foundation (WWE), has joined the non-fungible tokens (NFT) bandwagon, as the company is looking to launch its first-ever NFTs centered on the retired legendary wrestler, Mark William Calaway, popularly known as The Undertaker. The Undertaker NFTs to Launch Ahead of Wrestlemania In...
Hainan, an island province in South China would carry out a campaign to raise awareness and promote the benefits of using the forthcoming digital yuan, later in April. The campaign follows China's efforts to expand the scope of its central bank digital currency (CBDC) trials across different parts of the...
The Monetary Authority of Singapore (MAS) is the latest regulatory body to issue a warning to the public against the risks involved in cryptocurrency investment, as the crypto market is witnessing increased interest from retail and institutional investors amid the current bull cycle. Cryptocurrency Investment Risky for Retail Investors According...
China's central bank, the People's Bank of China (PBOC) has stated there is increased interest in its upcoming central bank digital currency (CBDC) project, and this could be partly due to the recent surge in bitcoin price. Bitcoin Possibly Responsible for Digital Yuan Interest According to CNBC on Friday (April,...
