‘Bitcoin’s No Longer Optional’ — What Investors Say About Paypal Launching Crypto Services

'Bitcoin's No Longer Optional' — What Investors Say About Paypal Launching Crypto ServicesPaypal launching cryptocurrency services has given crypto investors much to think about. While many crypto users view the news as extremely bullish, some point out several areas of concern bitcoin investors should be aware of. ‘Every Major Bank Is Having a Meeting About How To Support Bitcoin’ The news of Paypal launching a service that […]

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Goldman Sachs to Settle Massive Corruption Case for $2.8 Billion With US Government

Goldman Sachs to Settle Massive Corruption Case for $2.8 Billion With US GovernmentGoldman Sachs has reportedly agreed to settle with the U.S. government over its role in a corrupt Malaysian government investment fund, which is one of the firm’s worst scandals since the financial crisis. In addition, Goldman Sachs previously agreed to pay the Malaysian government billions of dollars to end a criminal probe. Goldman Sachs’ Billions […]

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Hackers Donate Bitcoin From Ransomware Attacks to Charities

Hackers Donate Bitcoin From Ransomware Attacks to CharitiesA group of hackers has donated some of the bitcoin it extorted via ransomware attacks to charities, claiming that it wants to “make the world a better place.” However, the law says donations from ill-gotten gains must be rejected but charities have no way of returning donated bitcoin to the hackers. Hackers Donate Bitcoin to […]

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Hotel Bitcoin ATMs on the Rise With Addition of Swiss Hotel Dolder Grand

Hotel Bitcoin ATMs on the Rise With Addition of Swiss Hotel Dolder GrandThe number of hotels with a bitcoin ATM on-site is growing in Switzerland. The latest announcement came from The Dolder Grand, a luxury hotel and spa in Zurich, which recently installed a crypto ATM supporting four cryptocurrencies. Bitcoin ATMs Gaining Popularity in Hotels The Dolder Grand announced Monday that a cryptocurrency ATM has been installed […]

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Digital Ruble: Russia Unveils Plans to Test Central Bank Digital Currency

Digital Ruble: Russia Unveils Plans to Test Central Bank Digital CurrencyAs China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy. Russia’s Central Bank Plans Digital Ruble The central bank of Russia has outlined its plans […]

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Peter Schiff’s Euro Pacific Bank Under Investigation by Tax Authorities in 5 Countries

Peter Schiff's Euro Pacific Bank Under Investigation by Tax Authorities in 5 CountriesEuro Pacific Bank, founded by gold bug and bitcoin skeptic Peter Schiff, is reportedly under investigation by the tax authorities of five countries. The bank’s customers allegedly include several tax fraud masterminds and a Russian syndicate described by the FBI as the world’s worst cybercrime group. Peter Schiff’s Euro Pacific Bank Probed by Tax Authorities […]

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Bitcoin Adoption Soars in Turkey Amid High Inflation, Lira Hitting Record Low

Bitcoin Adoption Soars in Turkey as Inflation Rises and Lira Hits Record LowPeople in Turkey are increasingly turning to bitcoin as the local currency, the Turkish lira, recently hit another record low against the dollar. Bitcoin adoption in Turkey outshines other countries in the region. Turkey Is Regional Leader in Bitcoin Adoption Bitcoin adoption has been increasing in Turkey as the local currency, the Turkish lira, hit […]

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48-Hour Stimulus Deadline: US Lawmakers Race to Approve Second Stimulus Checks Before Election

48-Hour Stimulus Deadline: US Lawmakers Race to Approve Second Stimulus Checks Before ElectionAmid the intense stimulus relief aid discussion, House Speaker Nancy Pelosi has set a deadline for the White House to come to an agreement on the next stimulus package which provides a second round of stimulus checks for Americans. Meanwhile, the Senate is set to vote on a smaller stimulus bill without direct payments this […]

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Cryptocurrency ETFs: SEC Wants to Facilitate Tokenized Products

Cryptocurrency ETFs: SEC Wants to Facilitate Tokenized ProductsThe U.S. Securities and Exchange Commission (SEC) wants to facilitate tokenized exchange-traded funds (ETFs), according to chairman Jay Clayton. The agency is collaborating with other U.S. regulators to determine how to regulate different crypto products. SEC Open to Tokenization of ETFs SEC Chairman Jay Clayton talked about the commission’s approach to regulating crypto products during […]

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Shariah Compliance Expert Says Cryptocurrencies Are Legit Commodities

Shariah Compliance Expert Says Cryptocurrencies Are Legit CommoditiesA shariah compliance expert, the current chairman of the Shariah Advisory Council at Malaysia’s central bank and a shariah board member at many financial companies, says that cryptocurrency is a legit commodity that can be exchanged. Cryptocurrency and Shariah Compliance Cryptocurrency adoption and investments remain low in Muslim countries as people are still unsure of […]

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