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“# ‘Cash, candy or Bitcoin’: Paying minors in 2021 ” A Bloomberg contributor will be paying his son Bitcoin in exchange for chores above and beyond his usual scope, but he is seemingly unable to decide on the best means of payment. In an opinion piece today, Eddie Yoon said he would pay his seventh…
“# City in North Dakota now accepts cryptocurrency for utility payments ” A city in North Dakota is joining the cryptocurrency adoption race in the United States by starting to accept crypto payments. Hercules Cummings, finance director for the City of Williston, announced Thursday that the city administration has partnered with crypto payment firm BitPay…
“# Central Bank of Bahrain and JPMorgan to work on digital currency settlement pilot ” The government of Bahrain, the third richest Arab country, is working with American investment bank JPMorgan on a digital currency settlement pilot. The Central Bank of Bahrain officially announced Tuesday that the bank is now collaborating with JPMorgan and the…
“# Elon Musk asks Twitter whether Tesla should accept Dogecoin for cars ” Tesla CEO Elon Musk has stirred the proverbial “doges’ nest” once again with another tweet about the quintessential meme coin, Dogecoin (DOGE). Tweeting on Tuesday, Musk ran a Twitter poll asking respondents whether they want Tesla to accept Dogecoin as a payment…
“# As Bitcoin’s payment options grow, BTC true future role up for debate ” In an August 2020 paper “Is bitcoin money?” Peter Hazlett and William Luther wrote that there exists only “a small corner of the internet where transactions are routinely conducted with Bitcoin serving as the medium of exchange.” But that corner may…
“# DOGE as internet money? TikTokers and sports fans see a use case for Dogecoin ” In recent weeks, it has been hard to get through a day without running into a headline, or 50, referencing Dogecoin (DOGE). The meme cryptocurrency has seen its price appreciate exponentially on the heels of a series of celebrity…
“# Ivanka Trump’s luxury Miami apartment block accepting crypto for condos ” Luxury Miami apartment Arte Surfside will now accept cryptocurrency as a form of payment for its remaining luxury residences — including the Villa Nove penthouse, currently listed for $38 million. The firm has partnered with trading platform SolidBlock, allowing potential buyers to pay…
“# Nuvei eyeing $250M acquisition of crypto startup Simplex ” Canadian payments giant Nuvei is reportedly in talks to acquire Simplex, an Israeli cryptocurrency startup, for up to $250 million – sending a strong signal that the electronic payments processing industry was pivoting towards digital currencies. The deal between Nuvei and Simplex is expected to…
“# For sports fans, DOGE is starting to look like crypto’s real MVP ” In addition to its increasing attention from investors, Dogecoin appears to have found a niche following among sports fans. Speaking to Cointelegraph, Dallas Mavericks basketball team owner Mark Cuban said that the people had “taken control of DOGE,” as evidenced by…
“# 40% intend to use crypto for payments in the next year: Mastercard survey ” A survey by credit card giant Mastercard has revealed that four in ten people plan to use cryptocurrency for payments within the next year. The survey, published on May 4 and titled ‘Consumer Appetite for Digital Payments Takes Off’, polled…