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The Republic of El Salvador has made many headlines this week as the country adopted bitcoin as legal tender on Tuesday and became the first-known nation-state to purchase the leading crypto asset. A recent report details that remittance providers like Moneygram and Western Union could lose up to $400 million annually if the Chivo ...

Seychelles’ Financial Services Authority (FSA) together with the country’s finance ministry, is reportedly working on a policy to either prohibit or license crypto trading platforms as registered international businesses. Increase in International Investigations of Crypto Platforms According to a report, the move by the FSA happens against the backdrop of a rising number of ...

Bond investors appear to be betting against El Salvador’s controversial Bitcoin Law, but other factors need to be taken into account.

Two central bank governors have shared their opinions about bitcoin after the cryptocurrency became legal tender in El Salvador. The governor of the Bank of Mexico sees bitcoin as a high-risk investment and a poor store of value while the governor of Sweden’s central bank, the Riksbank, believes bitcoin could collapse. Central Bankers Continue ...

On Wednesday, the stock and cryptocurrency trading platform Robinhood rolled out recurring crypto investments and now customers can purchase as little as $1 in crypto commission-free daily, weekly, biweekly, or monthly. The company’s announcement discusses the strategy of investment called dollar-cost averaging “in order to help smooth out the price swings.” Robinhood Rolls Out ...

Dydx, a decentralized exchange, finally unlocked its airdrop rewards for users. Its governance token, dydx, was locked due to airdrop restrictions since the protocol announced its distribution on August 3rd. Since its release the price has skyrocketed, giving some of the more active users on the platform more than $50K worth of dydx. However, ...

PRESS RELEASE. GoMeat Services (https://gomeat.io) is a digital marketplace connecting consumers with their local specialty (halal/kosher) stores. Since its launch in 2019, GoMeat has processed over 6k orders and garnered over 5k loyal users. GoMeat application and website bring convenience to the doorstep of specialty consumers by providing web-based ordering and same-day delivery options. ...

Mastercard, the American multinational financial services corporation, announced the company is dipping further into the digital asset ecosystem by acquiring the blockchain intelligence firm Ciphertrace. The partnership announcement says the firm will help bolster Ciphertrace’s and Mastercard’s cyber security solutions. Mastercard Purchased Ciphertrace for Undisclosed Sum On Thursday, the financial payments giant Mastercard (NYSE: ...

The Omega Advisors chairman and CEO said people should be careful about Bitcoin, and suggested gold as a better store of value.