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“# Jackson, Tennessee follows Miami’s lead to adopt Bitcoin operations ” Jackson, Tennessee is the latest city in the United States moving to adopt Bitcoin (BTC) payments and mining, following recent crypto developments in Florida. Jackson Mayor Scott Conger announced Wednesday that the city is actively exploring the option to pay its employees in cryptocurrency…
“# First Digital Trust announces $2.15M funding for Asian digital payments service ” Digital asset custodian First Digital Trust has secured funding to bring crypto asset payment services and upgrades to the Asia Pacific region. The Hong Kong-headquartered company has raised $2.15 million in a convertible note funding round led by private investors including Asian…
“# Eftpos reveals plans to power Australian smart cities with blockchain tech ” Australia’s leading point-of-sale technology provider Eftpos Australia has revealed ambitious plans to roll out blockchain-powered autonomous vehicles and smart cities in Australia built using Hedera’s Hashgraph. Speaking on Tuesday as part of the Australian Blockchain Week, Robert Allen, deputy chair of Blockchain…
“# WeWork to accept crypto payments and hold them on its balance sheet ” Coworking space giant WeWork is the latest company to announce plans to hold cryptocurrencies on its balance sheet. The SoftBank-owned commercial real estate firm announced its plans via a statement on Tuesday. WeWork’s crypto balance sheet will come from the company adopting…
“# PayPal-owned Venmo launches cryptocurrency trading ” Payments app Square made headlines — and dollars — when it integrated Bitcoin trading into its mobile platform back during the crypto bull market of winter 2017. Now, rival payments firm Venmo, owned by PayPal, is following suit by launching cryptocurrency trading for four major coins: Bitcoin (BTC), Ether (ETH), Litceoin…
“# Electronics retailer Newegg now accepts Dogecoin as payment ” American online electronics retailer Newegg has added Dogecoin (DOGE) as an official payment method amid the ongoing parabolic surge of the meme-based cryptocurrency. Newegg announced Tuesday that the company added the option through crypto payment platform BitPay. The firm said that the new feature was…
“# Time Magazine to accept crypto payments for digital subscriptions ” In partnership with Crypto.com, a leading digital currency platform, Time is now accepting one-time crypto payments for its 18-month digital subscription. Users who elect to pay with Crypto.org Coin, or CRO, will receive up to 10% cash back on their purchase. The digital subscription…
“# Visa, JPMorgan and ING discuss Bitcoin, Ether and stablecoin development ” If 2021 has taught us anything about digital currencies, it’s that big banks and major payments providers are now feeling more comfortable with Bitcoin (BTC). While the CEO of PayPal and other large corporations are expressing excitement for crypto payments and salaries paid in…
“# Our Man in Shanghai: Coinbase listing scorned, graphics cards seized, nostalgia coins rule ” It was a relatively quiet week in China’s blockchain space as events were overshadowed by the surge in the BTC price and the Coinbase direct listing in the U.S. Many locals reacted with surprise to the news, showing that exposure…
“# Miami commissioner wants to let residents pay taxes in Bitcoin ” A Miami-Dade County commissioner is backing a new resolution to allow residents to use cryptocurrencies like Bitcoin (BTC) to pay local taxes. According to a Thursday document acquired by The Miami New Times, county commissioner Cohen Higgins has brought a resolution to Miami-Dade’s…