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“# Circle CEO Jeremy Allaire seems to already be using PayPal to buy Bitcoin ” There has been significant excitement in the industry since PayPal last week announced its intention to enter the cryptocurrency market. The rollout of new crypto services — the ability to both make crypto payments and buy cryptos directly in-app — has…
“# Peru is studying crypto exchanges to figure out future laws ” A Peruvian regulator authority said on October 26 that studies currently performed on local crypto exchanges will keep on going despite the COVID-19 pandemic, as the country is looking to find ways to regulate the national crypto industry. According to local news outlet…
“#Woman reunited with family 44 years after going missing in S. Korea” A Vermont woman adopted from South Korea has been reunited with her birth family after she vanished as a young child more than four decades ago. Denise McCarty, 46, of Springfield, never knew that she and a twin sister, Sang-Hee, had become lost when…
“# Former Visa exec joins Crypto.com to drive Latin American market ” The cryptocurrency industry welcomes another high-profile executive from traditional finance. Filomena Ruffa, a former vice president of innovation and strategic partnerships at Visa’s Latin America division, has joined Crypto.com to expand the company’s Latin American market. According to an Oct. 28 blog post,…
“# DBS Digital Exchange shows crypto has gone mainstream in Asia: JST Capital ” A now-deleted webpage announcing that Singapore’s largest bank is planning to launch a “digital exchange” supporting crypto asset trading is the latest sign of increasing institutional adoption of virtual currencies. The document, which appeared briefly on the DBS website, announced the…
“# Bitcoin becoming less-risky as an investment, Novogratz says ” Bitcoin (BTC) has gained significant notoriety in the decade since its 2009 launch. Big mainstream players such as MicroStrategy have recently begun to invest large sums of money into the asset, normalizing its viability as an investment for some. Mike Novogratz, CEO of Galaxy Digital,…
“# Bitcoin investing interest up 19% compared to 2019, Grayscale report says ” Crypto investing firm Grayscale recently released its 2020 Bitcoin Investor Study. The report used data from a survey which digitally polled a sizable number of individuals in the U.S. between June and July. Grayscale found the majority of the surveyed people were keen on…
“# Cuban freedom fighters launch underground Bitcoin remittance network ” Cubans are finding new ways to circumvent the embargo sanctions imposed by the U.S. government back in 1962. According to an October 26 report by Cuba’s AFP news agency, remittances sent from the U.S. to Cuba often pass through a clandestine network of “crypto enthusiasts” before…
“# $1 trillion is a conservative market cap for Bitcoin, said investment CIO ” Bitcoin (BTC) has recently seen ample interest from a number of mainstream companies and persons, such as billionaire hedge funder Paul Tudor Jones. This could be the beginning of a new wave of Bitcoin buyers, according to Brian Estes, chief investment officer…
“# Bitcoin ATMs are booming in this Latin American country ” Colombia now has the largest number of Bitcoin (BTC) ATMs in Latin America. According to CoinATMRadar, Bogota, the nation’s capital, has 34 ATMs, followed by Medellin with 11, and Bucaramanga and Cali with 4 each. Other cities with one ATM at least include Armenia, Barranquilla,…