December 2020 | Page 14 of 151 | Last Cryptocurrency News Feed

The Fight for Consumer Adoption Is Just Beginning

Dec 29, 2020 at 3:00 p.m. UTC(Original portrait by Trevor Jones)The Fight for Consumer Adoption Is Just BeginningFor the past three years, crypto developers have been fighting a shared enemy, a three-headed beast known as the blockchain trilemma. For every gain made on one front – security or decentralization – territory was ceded on another,…

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New York authorizes first Yen stablecoin operator in the US

Japanese firm GMO will now be able to offer Yen and dollar-pegged stablecoins to the public in New York. New York has given the first authorization to a stablecoin backed by the Japanese Yen to operate in the U.S.Per a Dec. 29 announcement, the New York Department of Financial Services has granted Japanese firm GMO-Z.com a…

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Adoption: Visa Approves Crypto-Fiat Processor Simplex to Issue Debit Cards

Simplex, the Israeli provider of fiat to crypto solutions, has become a principal member of Visa in Europe. As a result, Simplex will issue Visa cards supporting cryptocurrencies, which users will be able to use for everyday purchases. Simplex Becomes A Visa Principle Member Founded in 2014, Simplex is an EU-licensed financial institution aiming to…

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CME Tops in Bitcoin Futures Rankings Amid Rapidly Growing Institutional Interest

Dec 29, 2020 at 2:39 p.m. UTCCME Tops in Bitcoin Futures Rankings Amid Rapidly Growing Institutional InterestThe Chicago Mercantile Exchange (CME) has become the largest bitcoin futures exchange by number of open contracts, as institutional interest in bitcoin continues to grow.As of Tuesday, open interest on the CME stood at $1.66 billion, the highest among…

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Panthers’ Russell Okung Becomes First NFL Player to Be Paid in Bitcoin

Dec 29, 2020 at 2:00 p.m. UTCUpdated Dec 29, 2020 at 2:11 p.m. UTCRussell Okung of the Carolina Panthers(Jonathan Bachman/Getty Images)Panthers’ Russell Okung Becomes First NFL Player to Be Paid in Bitcoin“Pay me in bitcoin” has come true for National Football League player Russell Okung. Some 20 months and a 273% price increase after he first…

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Payments Firm Simplex Becomes Visa Principal Member

Dec 29, 2020 at 2:00 p.m. UTCPayments Firm Simplex Becomes Visa Principal MemberIsrael-based payments processor Simplex, announced Tuesday it has become a principal member of the Visa network.Through the membership, Simplex now has permission to issue Visa cards, giving its consumers access to digital currencies daily.“We’re excited to work with leading fintechs like Simplex who…

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Michael Saylor of the North? Canadian Firm NexTech AR Uses $2M of Treasury Funds to Buy Bitcoin

Dec 29, 2020 at 1:40 p.m. UTCUpdated Dec 29, 2020 at 2:38 p.m. UTCMichael Saylor of the North? Canadian Firm NexTech AR Uses $2M of Treasury Funds to Buy BitcoinCanadian augmented reality (AR) company NexTech AR is jumping on the crypto bandwagon with plans to use its treasury funds to buy $2 million of bitcoin…

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Grayscale Has $19B in Crypto Assets Under Management, Up From $16.4B Last Week

Dec 29, 2020 at 11:07 a.m. UTCUpdated Dec 29, 2020 at 2:40 p.m. UTCGrayscale Managing Director Michael Sonnenshein (CoinDesk archives)Grayscale Has $19B in Crypto Assets Under Management, Up From $16.4B Last WeekDigital asset manager Grayscale Investments has passed another milestone, reaching $19 billion in assets under management (AUM) on Dec. 28, up from the $16.4…

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Simplex partners with Visa to issue crypto debit cards

Fiat-to-crypto on-ramp service provider Simplex has partnered with Visa to allow its client firms to issue crypto debit cards. 1694 Total views 12 Total shares Over 200 Simplex partner companies can now offer crypto debit cards to their customers, potentially enabling greater adoption of cryptocurrencies for retail transactions. The development is the result of a…

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Bringing carbon emissions reporting into the new age via blockchain

Blockchain for supply chain management is one of the most practical business applications for large, multi-party sectors seeking trust and transparency across daily operations. As such, the mining and metals sector has now started to leverage blockchain technology to effectively track carbon emissions across complex, global supply chains. This month, The World Economic Forum launched a…