Tag: Fintech

A New Bitcoin World

Brazilian Supermarket Chain Now Accepts Payment in Bitcoin

Brazilian Supermarket Chain Now Accepts Payment in BitcoinA Rio de Janeiro supermarket chain, Oásis Supermercados, is now accepting payment in bitcoin core, bitcoin cash and litecoin. It joins a growing number of Brazilian businesses in construction, ecommerce, hospitality and transport, already taking payment in cryptocurrency. Also read: Pan-African Bitcoin Exchange Kubitx Goes Live, Launches OTC Wallet Shopping the Cryptocurrency Way Beginning Dec. 18, […]

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December 21, 2018 0

Digital Currency Platform Revolut Receives European Banking License

On Thursday, Dec. 13, digital payments platform Revolut announced that the company has been approved for a banking license in Europe by the region’s central bank. According to Revolut, the license will help it provide better access to digital currencies and also offer traditional banking services. Also read: Google Trends Reveals One of the Top Questions […]

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December 13, 2018 0

Bahrain May Adopt Bitcoin and Issue Bonds in Digital Currency

The Middle East island country of Bahrain is becoming interested in bitcoin and cryptocurrency. Their government hopes to be on the cutting edge of fintech innovations. Khalid Al Rumaihi, the chief executive of the Economic Development Board of Bahrain, mentioned the country has been eyeing the blockchain sector for some time. He hopes Bahrain can “issue […]

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September 28, 2017 0

Russian Government Seeks Cryptocurrency Researchers, Will Pay 2.5 Million Rubles

Russian Government Seeks Cryptocurrency Researchers, Will Pay 2.5 Million RublesThe Russian State Duma is holding a tender for a detailed study on the subject of cryptocurrency, blockchain technology, and initial coin offerings (ICOs). The government will pay the winner 2.5 million rubles out of the federal budget. The deadline for submissions is October 10. Also read: Bank of Russia Opposes Cryptocurrency Legalization, Worried About ‘Loss […]

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September 24, 2017 0

Five Leading Russian Universities Start Offering Cryptocurrency Courses

Many universities across Russia have added new courses to their existing finance curricula that are focused on cryptocurrencies, Bitcoin, and blockchain technology. They will offer these courses for the first time this academic year due to high demand. Also read: Russia’s Finance Ministry Drafts Law to Legalize Cryptocurrencies Cryptocurrency Courses A number of top universities in […]

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September 18, 2017 0

Why Bitcoin is Not a Bubble

bubbleThe internet is replete with people referring to bitcoin as a “bubble.” They are spreading fear, uncertainty, and doubt galore. They believe bitcoin’s high price spells impending doom, but their criticisms move beyond mere skepticism. It seems like they just hate cryptocurrency. Yet many of these pundits do not fully grasp bitcoin…or even economics. Also […]

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September 12, 2017 0

Blockchain.info to Support Bitcoin Cash

Blockchain.info just released a blog post saying they will support bitcoin cash (BCH). They have been monitoring it since the hard fork on August 1. Within the next 8 weeks they will be rolling out limited support for BCH via their settings panel. The panel is situated on the blockchain.info user wallet home page.  Also read: A […]

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August 23, 2017 0

Delaware Passes Bill Recognizing Stock Trading via Blockchain Technology

Delaware Passes Bill Recognizing Stock Trading via Blockchain TechnologyDelaware has passed a bill that legally recognizes the trading of stocks using blockchain technology. Although the state has sought to promote itself as a bastion for blockchain investment, the bill is extremely limited in its scope – leading many to view Delaware’s government as attempting to cash in on bitcoin’s recent boom. Also Read: Bitwage

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July 4, 2017 0

IRS May not Get as Much Customer Data From Coinbase as Requested

DataThe IRS intends to lessen the amount of customer data it originally wanted to siphon from Coinbase. Ongoing negotiations between Coinbase and the IRS have yielded concessions on part of the IRS legal team. A trial attorney for the Department of Justice, Amy Matchison, recently said the IRS would narrow their specific data request from Coinbase.  Also

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July 1, 2017 0

Netcents and VISA Team up to Offer Bitcoin Purchases via Credit Card

Netcents and VISA Team up to Offer Bitcoin Purchases via Credit CardNetcents and VISA have announced a partnership to facilitate the direct purchase of bitcoins using a credit card. Also Read: Cryptocurrency Hedge Funds Outperform Rivals Netcents Have Announced That They Will Be Partnering With VISA to Allow Customers to Purchase Bitcoin Using a Credit Card Netcents are a wallet service provider and payment processor that

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June 23, 2017 0