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“# Bakkt launches payments app as institutions compete for crypto assets ” Major financial institutions are expanding their cryptocurrency services, with Bakkt launching its digital asset payments application for the general public. Bakkt was launched by Intercontinental Exchange in 2018, with the firm offering Bitcoin futures contracts to accredited investors exclusively. The Bakkt App is…
“# Scottish music school accepts cryptocurrency as payment for lessons ” A Scottish music school will begin accepting cryptocurrency for tuition payments following demand from students, it was announced this week. The Morningside School of Music in Edinburgh said it was responding to suggestions from adult pupils in the school, many of whom now work…
“# US luxury hotel brand to begin accepting Bitcoin payments ” The Kessler Collection, an American luxury hotel brand, has begun accepting Bitcoin (BTC) and cryptocurrencies as a payment option. According to a press release issued on Tuesday, the hotel chain has partnered with crypto payment gateway service BitPay to begin accepting Bitcoin. Other cryptos…
“# Argo Blockchain CEO becomes first publicly traded company exec paid in Bitcoin ” On Wednesday, British cryptocurrency mining company Argo Blockchain revealed that Argo CEO Peter Wall is now the first executive of a publicly-traded company to take their entire salary in Bitcoin. In a February operational update, the company — which trades on…
“# You can now buy a used Hyundai, not just a Lambo, with Bitcoin ” HGreg, a Quebec-based vehicle superstore with 30 North American locations, will begin accepting cryptocurrency payments for new or preowned vehicles this month. The auto dealer, which has locations in Quebec and Florida, is becoming one of the first large automotive…
“# Bitcoin pizza all over again — delivery driver reportedly cashes in on $400 BTC tip ” A driver who held $5 in Bitcoin (BTC) as a tip for his pizza delivery services has reportedly resurfaced after seven years. According to a post from Redditor btcbible, the Bitcoiner ordered a pizza on Dec. 28, 2013…
“# People don’t want a ‘non-uniform currency’ like Bitcoin, says Fed president ” James Bullard, president of the Federal Reserve Bank of St. Louis, seemingly doesn’t understand why many are looking to cryptocurrency as a medium of exchange instead of a uniform currency like the U.S. dollar. In an interview with CNBC’s Squawk Box today,…
“# 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…
“# PayPal expanding crypto services to U.K. residents ” Residents of the United Kingdom will be the first people outside of the U.S. who are able to use PayPal for buying and selling crypto. According to journalist Carl Quintanilla, the payments platform is planning to expand its crypto offerings to the U.K. in the coming…
“# Twitter looking into Bitcoin payments for employees, says CFO ” Twitter may be the next major company to purchase Bitcoin, according to the tech firm’s chief financial officer. In an interview on CNBC’s Squawk Box today, Ned Segal, who has served as the CFO of Twitter since 2017, responded to questions about how Twitter…