There can be no doubt that 2021 was a fantastic year for cryptocurrencies, with Bitcoin hitting an all-time high, and El Salvador becoming the first country to accept Bitcoin as legal tender. In light of crypto’s growing popularity across various sectors, merchants may want to set up cryptocurrency payment systems or find a crypto payment …
Resorts World Las Vegas is aiming to be the next exciting casino and resort on the Las Vegas Strip. Resorts World opened late June and is already accepting reservations for hotel stays. The property made headlines nearly a month before it opened, as it will accept cryptocurrency payments. It is working with one of the …
Cryptocurrencies have become controversial for many reasons. These currencies are volatile, and it is hard to tell who will support them and which authorities will refuse to accept them. There’s also a sense of immaturity in some segments, as many people post social media messages bashing some currencies, not to mention some currencies are promoted …
Cryptos’ Place In Digital Commerce’s “Walled Gardens” Read More »
The cryptocurrency market is growing, as there are hundreds of currency options available today. People can buy and sell cryptocurrencies in more places than ever. The global market cap of the crypto market is close to $1.5 trillion. That value will likely increase further as the industry evolves and cryptocurrencies become more popular. Most of …
Consumers Eye Retail Settings For ‘Spendable’ Crypto Read More »
Digital dollars have become very popular among people discussing currency affairs and issues as of late. These dollars are unique digital representations of liabilities as listed in dollars. Such dollars can entail Federal Reserve Notes, bank deposits, and many other liabilities. Many people might figure that digital dollars and cryptocurrencies are one in the same. …
Fed Chair Remarks Further Distinguish Between Cryptocurrency and Digital Dollars Read More »
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 »