As part of new cooperation with stablecoin supplier Tether, the city of Lugano, the economic hub of southern Italian Switzerland, will use cryptocurrencies to pay taxes (USDT). Prior to Tether's tweet, Lugano's "Plan B" was presented in a live video on Thursday. Lugano'
ebay
In a recent interview, eBay CEO Jamie Iannone stated that the company may soon embrace crypto payments. The online marketplace is one of the oldest e-commerce platforms, and it is currently vying to become the platform of choice for Generation Z and Millennials. In an interview with The Street,
Ukraine
Cryptocurrency prices have rebounded after the US government imposed harsh economic penalties in response to Russia's invasion of Ukraine. The news of the invasion first sent Bitcoin and other cryptocurrencies plunging, but among all the dread and gloom, there are suddenly voices of optimism in the crypto world.
ted cruz
Senator Ted Cruz campaigned for Bitcoin (BTC) again at his Conservative Political Action Conference (CPAC) address on Friday, praising its decentralization. Cruz believes Bitcoin is a good investment since it is extremely decentralized and cannot be controlled by any government or institution. He went on to mention an ongoing situation
nft
Rakuten, a major Japanese e-commerce company, has announced the introduction of Rakuten NFT, its nonfungible token (NFT) trading platform. In response to the rising popularity of nonfungible tokens throughout the world, the company announced intentions to build a private NFT marketplace in 2021. The NFT marketplace, according to Rakuten,
bny
BNY Mellon, a major US financial institution, is developing a digital asset custody platform. This platform would give institutional customers exposure to cryptocurrencies. Customers will be able to store the world's most popular cryptocurrencies, Bitcoin and Ether in BNY Mellon crypto wallets. Once they have regulatory approval, the
bitcoin
Indira Kempis, a senator from the state of Nuevo León, is convinced that Bitcoin should be legal in Mexico because its adoption could help drive global financial inclusion. Taking office in 2018, Kempis has been actively promoting the cryptocurrency industry in recent years, has been in the cryptocurrency industry for
defi
Swiss fund manager Compass Financial Technologies has launched an index for 10 decentralized finance (DeFi) tokens dubbed the "Compass Crypto Basket Fundamental DeFi Index" (CCBFDEFI). The company founded in 2017 offers indices and services tailored to crypto, commodities, multi-asset and real estate. Compass Financial Technologies' indices
singapore
Cryptofinance services provider Amber has secured a $3 billion valuation following a funding round in which we find Singapore's state-owned investment firm Temasek Holdings Pte among the lead investors. Singapore is one of Asia's leading markets for crypto startups, and Temasek has made several investments
bitcoin
Salvadoran President Nayib Bukele wants to offer citizenship to those who invest in the small Central American nation. Recall that in September, El Salvador became the first country to recognize bitcoin as a legally recognized currency, and seems to want to continue with reforms to attract foreign capital. El Salvador&
crypto
Kookmin Bank one of the largest South Korean banks could become the first bank in South Korea to offer cryptocurrency investment products to retail investors. The bank plans to launch exchange-traded crypto funds (ETFs) and futures products, on February 21 it announced that it has formed a preparatory committee
nft
OpenSea the leading NFT ( non fungible token) exchange platform has fallen victim to a phishing attack that occurred just hours after it announced yesterday a new smart contract update that would occur throughout the week with the goal of eliminating inactive NFTs on the platform, and requiring users to migrate