Tether, issuer of the most widely used stablecoin, will use up to 15% of its net realized operating profits to buy bitcoin in an effort "strengthen and diversify" the reserves that back USDT. … [Read more...] about Tether will invest up to 15% of its profits into bitcoin
El Salvador passes a digital assets law paving the way for bitcoin bonds
The Legislative Assembly of El Salvador approved on Wednesday a bill for the issuance of digital assets which paves the way for the issuing of president Nayib Bukele’s bitcoin bonds. … [Read more...] about El Salvador passes a digital assets law paving the way for bitcoin bonds
Emirates to accept bitcoin as payment method
Emirates, the flag carrier of the United Arab Emirates (UAE), announced its plans to integrate bitcoin as a payment service while adding NFT collectibles on the company’s websites for trading. … [Read more...] about Emirates to accept bitcoin as payment method
Fidelity to offer 401(k) investors to access bitcoin
The largest retirement plan provider could make cryptocurrency even more mainstream … [Read more...] about Fidelity to offer 401(k) investors to access bitcoin
Lugano to make bitcoin legal tender
The city of Lugano, Switzerland, will make bitcoin legal tender to allow citizens to pay for public service fees or taxes in cryptocurrency. … [Read more...] about Lugano to make bitcoin legal tender
CME to launch micro bitcoin and micro ether options
CME Group, the world's leading derivatives marketplace, announced it plans to launch options on micro bitcoin and micro ether futures on March 28, pending regulatory review. … [Read more...] about CME to launch micro bitcoin and micro ether options
KPMG Canada adds bitcoin and ethereum to its balance sheet
KPMG in Canada said it added bitcoin and ethereum to its corporate treasury as part of " the firm's commitment to emerging technologies and asset classes". It is the firm's first direct investment in cryptoassets. … [Read more...] about KPMG Canada adds bitcoin and ethereum to its balance sheet
Rio de Janeiro’s mayor plans to allocate 1% of the city’s reserves in crypto
Eduardo Paes, mayor of Rio de Janeiro, revealed that he plans to allocate 1% of Brazil's second-most populous city's treasury reserves to cryptocurrencies. … [Read more...] about Rio de Janeiro’s mayor plans to allocate 1% of the city’s reserves in crypto