India’s finance minister – our government encourages a window of experiment for crypto

indian market

After months of speculation on whether India will implement a blanket ban on cryptocurrency, the government has finally stated that it will not. India’s Finance Minister, Nirmala Sitharaman (https://twitter.com/nsitharaman), said on India’s business channel, CNBC-TV18, yesterday that the government’s stance on cryptocurrency will be reviewed and that it wants to make sure there’s a window […]

PayPal Acquires Crypto Security Firm Curv for Nearly $200M

PayPal

PayPal have announced their acquisition of Curv, a Tel Aviv-based company that uses a novel method of cryptography to protect customers’ Bitcoin and other digital properties. The agreement is the latest indication of PayPal’s growing crypto ambitions, and it sheds light on the company’s strategy for capitalising on the fast-changing financial technology landscape. PayPal did […]

Meitu, a Chinese app developer, has purchased $40 million in Bitcoin and Ethereum

meitu

Meitu, a technology company based in Fujian, China, reported today that it has purchased $40 million in cryptocurrencies, including $22 million in Ether (ETH) and $17.9 million in Bitcoin (BTC). Meitu, a mobile maker and selfie app software company with a market cap of $11.76 billion that has been listed on the Hong Kong Stock […]

Has JPMorgan had a change of heart about cryptocurrency?

jpmorgan

JPMorgan has been a longtime naysayer of cryptocurrencies such as Bitcoin with their chief executive Jamie Dimon called Bitcoin a “fraud” and “worse than tulip bulbs” back in September 2017. During a 2017 investors meeting, Mr Dimon is also reported to have said he would fire any employee trading Bitcoin on company accounts. However, it […]

Amazon Managed Blockchain now supports Ethereum

amazon aws web services now accepting Ethereum crypto

The crypto industry got some big news recently as tech giant Amazon confirmed their managed blockchain service now supports Etherum. Amazon Managed Blockchain is a fully managed service that makes it easy to join public networks or create and manage scalable private networks using the popular open-source frameworks Hyperledger Fabric and Ethereum. This support for ETH has […]

BNY Mellon announces plans to store and manage Bitcoin on behalf of its clients

BNY Mellon

BNY Mellon announced recently they would begin the store and management of Bitcoin on behalf of their clients. The news came on February 11th 2021 and serves as a very important indicator as to future success, and global acceptance of the most popular cryptocurrency – Bitcoin. BNY Mellon isn’t just “another investment company” but rather […]

Etsy have no plans to accept Bitcoin as a form of payment

etsy mobile app in the apple appstore

Etsy CEO Josh Silverman has made a statement recently confirming that he does not think that Bitcoin is a viable form of payment. The statement came from a conversation that Josh had with Yahoo Finance Live. In addition to not accepting Bitcoin as a form of payment on the popular global marketplace, Josh also confirmed […]