By Shilpa Dhar, VP of Product Introducing an instant, convenient way for your friends and family in Mexico to cash out the crypto you send them.Initially, recipients in Mexico will be able to cash out crypto in local currency at over 37,000 locations across the country, or save the crypto they’ve received in their Coinbase account. In 2020, immigrants and…
The Republic of the Marshall Islands has moved to formally recognize decentralized autonomous organizations, better known as DAOs, as legal entities — a move that gives collectively owned and managed blockchain projects formal recognition on the global stage. DAOs, which are blockchain-based entities governed by a self-organizing community, have attained legal recognition in the Marshall Islands after the country passed…
We’re excited to announce that Kraken now supports TerraUSD (UST)! Funding and Trading You can add UST to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Trading will begin February 17. Here’s what you need to know: Ticker UST Tradeable against USD, USDC, USDT Price precision 6 decimal places Deposit confirmations required 1 (near-instant) Not…
A deputy governor of India’s central bank, the Reserve Bank of India (RBI), likens cryptocurrencies to Ponzi schemes, emphasizing that they cannot be regulated. “It would be futile to regulate cryptocurrencies,” he claims, stating that they should be banned. RBI’s Deputy Governor Sees Crypto Ban as ‘the Most Advisable Choice Open to India’ A deputy governor of the Reserve Bank…
Warren Buffett’s Berkshire Hathaway dumped a portion of its Visa and Mastercard holdings and increased exposure in Nubank, the largest fintech bank in Brazil that’s also popular among the country’s Bitcoin investors. In a securities filing late Monday, the industrials conglomerate disclosed that it had purchased $1 billion worth of Nubank Class A stock in Q4/2021. On the other hand,…
House Financial Services Committee member and New Jersey Representative Josh Gottheimer has introduced legislation which would have the Federal Deposit Insurance Corporation back stablecoins in a similar manner to fiat deposits. In a draft of the Stablecoin Innovation and Protection Act of 2022 released on Tuesday, Gottheimer proposed labeling stablecoins issued by insured depository institutions or certain nonbank issuers as…
Panther is an end-to-end privacy protocol for DeFi. Panther provides DeFi users with fully collateralized privacy-enhancing digital assets, leveraging crypto-economic incentives and zkSNARK technology. Anish Mohammed is a Co-founder and CTO at Panther Protocol. He recently joined the Bitcoin.com News Podcast to talk about the technology: Anish Mohammed has over 20 years in security and cryptography. He was an early…
Fidelity International launched a bitcoin exchange-traded product in Europe to meet increased demand from institutions.FBTC lists on the Deutsche Boerse today and on the SIX Swiss exchange in the coming weeks carrying a 0.75% fee.Fidelity International has been operating as an independent firm from Fidelity Investments for over 40 years. Fidelity International has launched its first bitcoin exchange-traded product (ETP)…
Bitcoin (BTC) passed $44,500 at the Wall Street open on Feb. 15 with traders compounding overnight enthusiasm. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Resistance attacks slowly form Data from Cointelegraph Markets Pro and TradingView tracked local highs of $44,543 for BTC/USD on Bitstamp. Already up over 6% on the day, the pair saw a slow return to resistance levels after…
By Nana Murugesan, VP, International and Business Development Coinbase will adopt a go broad and go deep approach to scale globally in order to further its mission of bringing more economic freedom to each and every individual and business around the world. Leadership roles are now open across the globe to build our international presence. Go Broad: launch foundational products…
