Bitcoin has been enjoying high prices, although it isn’t in favor with Hugh Johnson, chief financial officer of PepsiCo, NewsBTC reported. Johnson said America’s corporate society would not be positively affected by digital currency and would not put it on their balance sheets, according to...
The Securities and Exchange Commission (SEC) has approved an exchange-traded fund (ETF) for companies holding large amounts of bitcoin, Decrypt reported. The portfolio will include Tesla, PayPal and around 28 other companies. The approval comes as the crypto world has been waiting for a pure...
The AMC Theatres movie chain has begun allowing dogecoin as a form of payment, Gadgets 360 reported. The transactions will be facilitated through BitPay, a bitcoin payment service provider, and consumers will now be able to use dogecoin to buy gift cards with a $200...
Bank of America (BoA) has published a report saying cryptocurrency and nonfungible tokens (NFTs) are likely here to stay, Cointelegraph reported. The BoA report said crypto’s $2.15 trillion market capitalization is too big to ignore and that the currency has evolved far beyond only bitcoin,...
MiamiCoin has generated almost $8 million in the past two months, Decrypt reported. Mayor Francis Suarez’s ambitions for the project include making the city a “cryptocurrency innovation hub,” and he’s said crypto could help change the way local programs are funded and allow the City...
CoinEx cryptocurrency exchange is stopping its business in China as the government there cracks down on crypto, Cointelegraph reported. The company said it will be retiring user accounts verified as mainland China citizens, according to the report. Those linked to a mobile phone number from...
Cryptocurrency exchange Kraken will pay $1.25 million to settle Commodity Futures Trading Commission (CFTC) charges that it allowed customers to illegally trade margin products related to bitcoin or other cryptocurrencies, TheStreet reported. The CFTC said the company had also not registered as a futures commission...
Morgan Stanley has doubled the ownership it has in Grayscale Bitcoin Trust (GBTC) shares since April, AMBCrypto reported. The bank, in a filing with the U.S. Securities and Exchange Commission (SEC), said its Morgan Stanley Europe Opportunity Fund owned 58,116 shares of the GBTC as...
The city of Miami is the first jurisdiction to put a cryptocurrency in place via CityCoin, which is a city-based token, according to a press release. It’s called MiamiCoin. The city has voted to approve around $5 million worth of the cryptocurrency. The coin represents...
