Bermuda became the first government to accept stablecoin USDC for tax payments, according to global financial services company Circle. Global financial services company Circle announced that Bermuda became the first government to accept its stablecoin USD Coin (USDC) for tax payments. Part of a broader government initiative to embrace stablecoins According to a press release […]
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United States merchant services provider Aliant Payments will be paying each of its employees part of their compensation package in cryptocurrency. United States merchant services provider and payment processing firm Aliant Payments will be paying each of its employees part of their compensation package in cryptocurrency. In a press release on Oct. 16, Aliant said […]
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RBC analysts believe that China’s digital currency might become the dominant digital currency if U.S. regulators dismiss Facebook’s Libra coin. Analysts at RBC Capital Markets have suggested that stifling Facebook’s Libra may leave the field open to China’s central bank digital currency (CBDC) to dominate in emerging economies. China shifts development of digital currency in […]
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Digital asset management giant Grayscale registered over $254 million in total investments into its products in the third quarter of 2019. Digital asset management giant Grayscale registered over $254 million in total investment into its products in the third quarter of 2019. In its Digital Asset Investment Report for Q3 2019, Grayscale provided details on […]
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Ford Motor Company looks into blockchain technology to track the number of “green miles” driven by its energy-efficient vehicles. The Ford Motor Company is looking into blockchain technology and geofencing to accurately track the number of “green miles” driven by its energy-efficient vehicles. Analyzing real-world benefits of energy-efficient vehicles On Oct. 15, Ford announced that […]
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United States Rep. Warren Davidson (R) has said that Facebook adding Bitcoin to its Calibra wallet would be a “way better idea” than creating its new currency, Libra. United States Rep. Warren Davidson (R) has said that Facebook adding Bitcoin (BTC) to its Calibra wallet would be a “way better idea” than creating its new […]
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Gold held in Swiss vaults has been tokenized on Bitcoin’s blockchain with ticker DGLD by a consortium of companies. A consortium of companies launched a gold-backed token with the DGLD ticker on a Bitcoin (BTC) sidechain. Swiss financial news outlet AllNews reported on Oct. 15 that digital asset managers CoinShares and MKS, as well as […]
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Bitstamp sparked two transactions involving almost $2 billion, which attracted total fees of under $200. The CEO of cryptocurrency exchange Bitstamp has highlighted Bitcoin’s (BTC) utility after funds worth almost $1 billion changed hands for less than $4 in fees. Bitcoin fees too small to comprehend As blockchain monitoring resource BitInfoCharts confirmed on Oct. 14, […]
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Digital asset financial services firm BitGo announces that it will provide institutional-grade custody and wallets for Tron starting on Nov. 8. Digital asset financial services firm BitGo has announced that it will provide institutional-grade custody and wallets for Tron (TRX) starting on Nov. 8. According to the official announcement published on Oct. 14, BitGo has […]
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Leading online travel company Booking Holdings has ditched the Libra Association, a non-profit Facebook established to pursue the promotion of its Libra stablecoin. Leading online travel company Booking Holdings has ditched the Libra Association, the governing consortium of Facebook’s proposed Libra stablecoin. Booking Holdings has thus become the latest in an array of companies that […]
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