#adoption News

JPMorgan just became the first big bank to give retail wealth clients access to cryptocurrency funds

JPMorgan Green Lights Crypto Funds Access for Wealthy Clients

July 23, 2021 by Anthonia Isichei at Altcoins

Wall Street banking giant JPMorgan Chase, is allowing its retail wealth management clients to access a select number of cryptocurrency funds. The bank is the first major U.S. financial institution to enable such exposure to its big-money clients. ‘Open Sesame’ for JPMorgan’s Wealth Management Clients According to Business Insider on...

Bitcoin-Becomes-the-Main-Method-Of-International-Payment

U.S. Online Retailer Accepts Bitcoin and Other Cryptocurrencies Payments

July 13, 2021 by Anthonia Isichei at Bitcoin

Wellbots, a major smart products e-retailer in the United States, has become the latest company to add the cryptocurrency payment option on their platforms, as the online retailer is now accepting bitcoin, ether, and other cryptocurrency assets. Wellbots Enables Purchase With Crypto The e-retailer made the announcement in a press...

Hedge Fund Behemoth Marshall Wace Eyes Crypto Investment Foray

July 6, 2021 by Anthonia Isichei at Blockchain

Crypto’s growing appeal among institutional investors is set to be reinforced further as London hedge fund behemoth Marshall Wace is looking to invest in cryptocurrency companies. From hedge funds to retirement funds, and even sovereign wealth funds, virtual currency is beginning to draw a stellar cast of backers from the...

Bitcoin Trading for 18 Million Americans as NYDIG Partners with Internet Banking Firms

June 24, 2021 by Anthonia Isichei at Bitcoin

New York Digital Investment Group (NYDIG) has inked partnerships with three internet banking and financial services outfits to provide access to Bitcoin for bank account holders in the United States. Commercial banks in the country continue to embrace crypto despite previously holding negative sentiments about virtual currencies. NYDIG to Offer...

Denmark's Largest Bank Exercises Caution With Cryptocurrency

Denmark’s Largest Bank Skeptical About Cryptocurrency

June 18, 2021 by Anthonia Isichei at Regulation

Danske Bank, the largest bank in Denmark, has expressed its views about cryptocurrency, stating that while it was taking a cautious approach towards bitcoin and other crypto assets, it would allow customers to carry out cryptocurrency-related transactions. Danish Banking Giant Not Sold on Crypto According to a report published on...

US Republican Party’s House Campaign Arm Set to Adopt Crypto Donations

June 18, 2021 by Anthonia Isichei at Bitcoin

The unit responsible for coordinating all Republican campaign activities for elections into the House is now reportedly accepting crypto donations. The news comes amid talks of more stringent regulatory measures for cryptocurrencies in America. NRCC Accepts Crypto Donations According to a report by Axios, the National Republican Congressional Committee (NRCC)...

El Salvador’s Bitcoin Adoption Draws Comments from IMF

June 11, 2021 by Anthonia Isichei at Bitcoin

The International Monetary Fund has become the first major financial gatekeeper to reference the recent move by El Salvador to legalize Bitcoin. Several figures in the legacy financial space continue to espouse anti-crypto sentiments even as the market becomes more popular. IMF Raises Alarm over El Salvador Bitcoin Legalization According...

Fantom bringing blockchain solutions to Uzbekistan

Fantom (FTM) to Collaborate with Uzbekistan to Modernize IT Infrastructure

June 10, 2021 by Anthonia Isichei at Altcoins

Fantom’s footprint across South and Central Asia is set for another milestone with the Directed Acrylic Graph (DAG) protocol set to make inroads into Uzbekistan. The decentralized ledger technology (DLT) protocol is looking to revamp critical areas of the Uzbek information technology (IT) matrix. DAG Solutions for Uzbek IT Infrastructure...

MoneyGram Partners With Coinme to Enable Customers Buy Bitcoin in the U.S.

May 12, 2021 by Anthonia Isichei at Bitcoin

Money transfer giant MoneyGram would allow users in the United States to buy and sell bitcoin at its retail stores across the country. MoneyGram Enabling Retail Bitcoin Purchase In a press release on Wednesday (May 12, 2021), the company inked a partnership deal with major cryptocurrency cash exchange Coinme to...

SpaceX accepts dogecoin as payment to launch a lunar mission next year

SpaceX Accepts Dogecoin to Launch Satellite to the Moon in Q1 2022

May 10, 2021 by Anthonia Isichei at Altcoins

Elon Musk's rocket manufacturing company SpaceX has accepted dogecoin as payment to launch the DOGE-1 Mission to the Moon in the first quarter of 2022. DOGE Going to the Moon According to a press release on Sunday (May 9, 2022), a Canadaian-based Geometric Energy Corporation (GEC) announced that it paid...

SEBA lists DeFi tokens - UNI, SNX, and YFI

Crypto-Friendly Bank SEBA Adds DeFi Blue Chips UNI, SNX, and YFI

May 3, 2021 by Anthonia Isichei at DeFi

Swiss crypto-friendly bank SEBA has expanded its crypto footprint by adding support for prominent decentralized finance (DeFi) tokens. DeFi continues to experience tremendous growth with the emerging market segment now existing across multiple blockchain networks including Ethereum (ETH) and the Binance Smart Chain network (BSC). SEBA goes DeFi In a...

Crypto Service Providers Accused Of Locking User Funds and Poor Customer Support

April 21, 2021 by Wayne Jones at Blockchain

Voyager Digital Ltd, a publicly traded holding firm with subsidiaries that operate a licensed crypto trading platform, has been accused by some of offering poor customer support. Users in An Uproar One Reddit user accused the crypto service provider of delaying his withdrawal request for nearly three weeks. He added...

Newegg Shoppers Can Now Pay with Dogecoin

Newegg Adds Support for Dogecoin Payment on its Platform

April 20, 2021 by Anthonia Isichei at Altcoins

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...

WWE Set to Auction NFTs Around Legendary Wrestler The Undertaker

April 9, 2021 by Anthonia Isichei at Altcoins

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...

Goldman Sachs Is Hiring a Digital Asset Manager

Goldman Sachs to Offer Bitcoin, Other Digital Assets Products to Institutional Clients

March 31, 2021 by Adeniyi Olowoporoku at Bitcoin

U.S banking giant Goldman Sachs is inching closer to offering its first investment products for bitcoin and other digital assets. This development represents a significant shift in the bank’s policy, which initially stated that bitcoin and cryptocurrencies were not an asset class. Investment Product to Be Launched in Q2 This...

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