AdoptionDennis Sahlstrom

Biggest Online Retailer In Switzerland Accepts Bitcoin Among Other Cryptocurrencies
Adoption
Biggest Online Retailer In Switzerland Accepts Bitcoin Among Other Cryptocurrencies
Digitec Galaxus AG is the biggest online retailer in Switzerland and starts to offer a payment alternative for its clients. It is now possible to pay with cryptocurrencies. Cryptocurrencies become a bigger part of industries Cryptocurrencies and blockchain make their way into more and more industries. Cryptos become a bigger part of our financial industry with companies such as Fidelity, JP Morgan, Bakkt among others. They will offer different crypto…
One of the Largest Banks in the Philippines Launches Cryptocurrency ATM
Adoption
One of the Largest Banks in the Philippines Launches Cryptocurrency ATM
Local Philippine news outlets are reporting that the Philippine UnionBank, one of the country’s largest commercial banks, has launched a cryptocurrency ATM. Furthermore, such an ATM would represent the first cryptocurrency ATM in the country. UnionBank launches two-way cryptocurrency ATM Specifically, this news comes from Philstar, a local news platform. According to the publication, this particular machine is described as being a ”two-way virtual currency automated teller machine (ATM), allowing…
Adoption
Ukraine Announces Plan to Legalize Cryptocurrencies, Will ”Create Understandable Conditions”
Ukraine is one of many countries in which cryptocurrencies are in murky regulatory waters. Now it looks as if this might soon change, as Ukrainian news outlets are reporting that state officials are looking to legalize cryptocurrencies by 2021. The news that Ukraine is looking to more accurately define and regulate cryptocurrencies was also corroborated by the nation’s state information and news outlet ”Ukrinform” on October 26. According to the…
Binance Secures Funding From Singapore Government-Owned Investment Company
Adoption
Binance Secures Funding From Singapore Government-Owned Investment Company
Binance, the world’s leading crypto exchange per 24-hour volume, announced of securing an investment from Vertex Ventures. The funding was shared between Vertex Ventures China and Vertex Ventures Southeast Asia & India and it will be used to develop a fiat-to-crypto exchange in Singapore, although the amount of investment was not disclosed. The Vertex Ventures network has announced a strategic investment in Binance and will jointly set up Binance Singapore.…