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“# Swiss canton of Zug starts accepting tax payments in cryptocurrency ” The Swiss canton of Zug now allows its residents to pay taxes in cryptocurrencies like Bitcoin (BTC) and Ether (ETH). Bitcoin Suisse, a local crypto broker that enabled the new opportunity in partnership with the canton, announced Feb. 17 that the crypto payment…
“# Nigeria and South East Asia led global crypto adoption in 2020 ” Data published by statistics firm Statista has revealed Nigeria is the leading country per capita for Bitcoin and cryptocurrency adoption, with nearly one in three survey respondents indicating they used or owned crypto assets in 2020. According to the survey, the pre-existing…
“# Arcade classic Street Fighter II launches NFTs on WAX blockchain ” Video game developer Capcom is the latest pop culture brand to enter the crypto collectibles space, launching a series of Street Fighter II-inspired NFTs on the WAX blockchain on Feb. 18. The digital trading cards feature renderings of characters from the ever-popular arcade…
“# BlackRock has started to ‘dabble’ in crypto, says CIO ” Rick Rieder, chief investment officer at BlackRock Financial Management, hinted that the firm ha already invested a percentage of its portfolio into crypto. In an interview with CNBC’s Squawk Box on Wednesday, Rieder said BlackRock — with more than $8.6 trillion in assets under…
“# Tesla, Bitcoin and the crypto space: The show Musk go on? Experts answer ” While 2020 was a significant year for Bitcoin (BTC), the just-begun year of 2021 is already full of great surprises. On Feb. 8, Bitcoin’s price jumped by almost $3,000 in minutes, then it surged 20% in 24 hours — all…
“# MicroStrategy raising $600M…. no, $900M to buy more Bitcoin ” Following a Tuesday announcement that MicroStrategy would be planning to buy $600 million in Bitcoin through a sale of convertible notes, the business intelligence firm has upped the ante by another $300 million. MicroStrategy said today it would be selling $900 million in convertible…
“# Bitcoin mania ‘not a fad,’ says Wedbush analyst ” Wedbush Securities, a prominent wealth manager based in Los Angeles, California, believes Bitcoin (BTC) is becoming a permanent fixture in the global financial marketplace. Managing director Dan Ives informed clients on Wednesday that corporate adoption of Bitcoin represents a much bigger story than merely predicting…
“# Banks increasingly interested in Bitcoin, says Elliptic co-founder ” Global banking institutions have been expressing more interest in Bitcoin (BTC) as the cryptocurrency consistently breaks new all-time highs, according to a new report. Tom Robinson, co-founder of major British crypto firm Elliptic, told The Telegraph Wednesday that his company saw a massive surge in…
“# Bitcoin selling at 36% premium in Nigeria ” It’s been roughly 11 days since the Central Bank of Nigeria banned all regulated financial institutions from providing services to cryptocurrency exchanges in the country. At the risk of stiff penalties, all banks and institutions were directed to close crypto-related firms’ accounts immediately. In the wake…
“# Dubai-based licensing company adopts cryptocurrency payments ” According to a report by Arab News on Tuesday, clients of Dubai government-owned licensing firm Kiklabb can now pay for visa fees and trade licenses via cryptocurrencies. The supported crypto payment options are Bitcoin (BTC), Ether (ETH) and Tether (USDT). Commenting on the move, Kiklabb CEO Tasawar…