Author: Kevin Helms

A New Bitcoin World

Visa Files Patent for Cryptocurrency System to Replace Cash

Visa Files Patent for Cryptocurrency System to Replace CashVisa International has filed for a cryptocurrency system patent that is meant to replace physical currency. The system, which utilizes both central banks and commercial banks, leverages a private blockchain to improve the payment ecosystem. Visa’s Cryptocurrency Patent Filing The United States Patent and Trademark Office (USPTO) published on Thursday a patent application entitled “digital […]

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May 15, 2020 0

Bitcoin ATM Locations Surge to Over 7700 Worldwide Amid Global Crisis

Bitcoin ATM Locations Surge to Over 7700 Worldwide Amid Global CrisisThe number of bitcoin ATM locations has been growing rapidly amid nationwide lockdowns and the coronavirus crisis. With hundreds of new machines added each month, there are now more than 7,700 bitcoin ATMs spread all over the world. A new bitcoin ATM operator also installed its first bitcoin machines in April. Hundreds of Bitcoin ATM […]

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May 6, 2020 0

Chinese Court Declares Ethereum Legal Property With Economic Value

Chinese Court Declares Ethereum Legal Property With Economic ValueA district court in China has reportedly ruled that Ethereum’s cryptocurrency is legal property with economic value. This ruling follows a couple of other verdicts on the legality of cryptocurrency, including bitcoin, by various Chinese courts. While cryptocurrency is not legal tender in China, people can hold and transfer them like property. Court Ruling: ETH […]

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April 28, 2020 0

2 American Banks Have Failed Since Coronavirus Started Spreading in the US

2 American Banks Have Failed Since Coronavirus Started Spreading in the USSince the coronavirus started spreading in the U.S., two banks have failed and were shut down by state banking authorities. One was a bank in West Virginia and the other was in the state of Nebraska. The governor of West Virginia has already issued a stay-at-home order due to rising covid-19 cases. Also read: IMF […]

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April 6, 2020 0

Pandemic Assistance: Maduro to Airdrop Cryptocurrency to All Doctors in Venezuela

Pandemic Assistance: Maduro to Airdrop Cryptocurrency to All Doctors in VenezuelaVenezuela’s President Nicolas Maduro has announced that he is airdropping cryptocurrency to every doctor in his country as a token of appreciation for their work to combat the coronavirus outbreak. The national cryptocurrency, the petro, will be distributed via the Homeland card (Carnet de la Patria). Also read: IMF Declares Global Recession, 80 Countries Request […]

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April 4, 2020 0

$15 Million Bounty on Maduro: US Charges Venezuelan President With Narco-Terrorism and Drug Trafficking

$15 Million Reward on Maduro: US Charges Venezuelan President With Narco-Terrorism, Corruption, Drug TraffickingThe U.S. has charged 14 high-ranking officials of the Venezuelan government, including President Nicolas Maduro, with “narco-terrorism, corruption, drug trafficking and other criminal charges.” The U.S. government is offering rewards of up to $15 million for any information leading to the arrest or conviction of Maduro. Also read: 2x Bitcoin: Wanna Double Your BTC to […]

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March 27, 2020 0

How to Buy Bitcoin in the Philippines

How to Buy Bitcoin in the PhilippinesThe Philippines has many places you can buy bitcoin from. Not only has the Bangko Sentral ng Pilipinas licensed some cryptocurrency exchanges, but there are also peer-to-peer marketplaces, bitcoin ATMs, and other services to help you. This guide will show you where and how to buy bitcoin in the Philippines using these avenues. Also read: […]

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February 7, 2020 0

EU Countries Commence Crypto Regulations as Mandated by New Directive

EU Countries Start Regulating Cryptocurrency as Mandated by New DirectiveThe European Union’s 5th Anti-Money Laundering Directive mandates that member states start regulating crypto assets by Jan. 10. Crypto exchanges and custodial wallet providers are now covered by the same regulatory requirements as banks and other financial institutions. Also read: Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, New Chinese Laws EU’s Regulatory Deadline: Jan. […]

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January 11, 2020 0

Deutsche Bank Strategist Predicts Crypto Could Replace Fiat Money

Deutsche Bank Strategist Says Crypto Could Replace Fiat Money in the Next DecadeDeutsche Bank analysts have made some predictions regarding the future of cryptocurrency. Strategist Jim Reid explained why cryptocurrencies are inevitable and how the existing fiat money system could crumble over the next decade, leading to soaring demand for cryptocurrencies. Also read: Swiss Licensed Crypto Bank Expanding Into 9 Markets ‘The End of Fiat Money?’ – […]

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December 8, 2019 0