Rand Paul, a US Senator from Kentucky, is questioning if Bitcoin, which is gaining in popularity, has the potential to overtake the dollar as the world’s reserve currency in the future. During an interview on HBO’s “Axios” Paul said, “I’ve begun to wonder whether or not bitcoin may become the preferred reserve currency for the …
Rand Paul Wonders if Crypto Will Become World Reserve Currency Read More »
Bakkt, a cryptocurrency technology provider, had a significant uptick in value on as a result of its relationship with MasterCard, which provides cryptocurrency access to its clients. MasterCard will integrate Bakkt’s cryptocurrency capabilities throughout its banking and purchasing systems, allowing consumers to purchase cryptocurrency, merchantability cryptocurrency, and clasp cryptocurrency through their wallets. This is according …
Bakkt Stock Nears $25 Per Share After MasterCard Crypto Team-Up Read More »
Customers of the popular US retail chain will be able to buy Bitcoins (BTC) at its storefronts starting this week, according to the company. For the time being, the Coinstar company’s service will only be available at a few chosen Walmart locations across the United States and Canada. A partnership between the Coinme cryptocurrency exchange …
During the pandemic of 2020, several businesses have started looking for better ways of making payments. They have also gained an insight into the latest payment trends to ensure higher efficiency and avoid issues. That is why there is a rise in interest in cryptocurrencies to make payments. This rapid rise in acceptance of blockchain …
Many Businesses Plan to Use Digital Assets to Make Purchases in 2022 Read More »
Facebook has been teasing its users with the launch of their digital wallet Novi for about two years now. Finally, they have unveiled their pilot to test it out with users in Guatemala and the USA. Facebook has had significant troubles in their ventures to expand into the crypto market. Diem, their planned cryptocurrency, is …
Cryptocurrencies are virtual currencies, which rely on blockchain technologies to secure and track transactions. Several app development companies also have started using innovative blockchain technology. In fact, blockchain has become one of the modern technologies with a bright future. As a rising technology, it has also caused the growth of the cryptocurrency market. Cryptography ensures …
Bitcoin continues to remain one of the most intriguing investments on the market. Bitcoin has seen a massive rise in its value in the past year. Its value has risen from $30,000 at the start of 2021 to nearly $50,000 in March. Bitcoin also had a record high value of about $57,000 in late February. …
On December 26, 2019, the Qatar Financial Centre Regulatory Authority (QFCRA) announced via a press release posted to Twitter that virtual asset services were no longer allowed in the Doha-based Qatar Financial Centre Authority (QFC). The QFCRA’s decision essentially cut off more than 500 financial firms and other businesses within that location from crypto trading. …
Of all regions in the world, the Caribbean may seem one of the least likely to officially adopt digital currencies, but that is exactly what has been taking place this year. In October 2019, the Eastern Caribbean Currency Union launched a pilot program to turn the EC dollar into an electronic form of cash, which …
The Sand Dollar is a New Caribbean Digital Currency Read More »
In the world of cryptocurrencies, Bitcoin is the leading token in terms of circulation, but this has a lot to do with being the most valuable digital asset, which means that most transactions are related to speculative trading and investing. Ripple, a centralized digital currency that trades under the symbol XRP, gets more circulation than …
A Digital Version of the Dollar Will Take Longer Than Expected Read More »
Just a couple of weeks before Mark Zuckerberg, co-founder and CEO of the world’s most popular social network, was scheduled to appear before the United States Congress to answer questions about his cryptocurrency ambitions, he received disheartening news from some of the key partners in Project Libra. Payment processing giants such as Visa, MasterCard, PayPal, …
Understanding Facebook’s Ambitious Project Libra Read More »
In an attempt to reduce credit card processing fees, Walmart recently filed an application with the U.S. Patent and Trademark Office to launch its own crypto-currency. Although it’s too soon to say how far this will go, it’s worth paying attention to. Walmart Blockchain The application describes Walmart’s currency as “tied to the US dollars …