While Switzerland holds the spotlight for being the most crypto-friendly jurisdiction in Europe, Portugal is picking up the pace. Indeed, the republic offers more than just quality of life improvements for Bitcoin (BTC) owners, including an attractive fiscal environment and a growing Bitcoiner community. Cointelegraph recently interviewed the Bitcoin Family, who recently relocated to Portugal, learning…
Read more
The secret to fast-track cryptocurrency’s mainstream adoption lies within addressing a contradicted consumer demand for crypto payments across business verticals, reveals a new survey. In a study participated by crypto exchange Crypto.com’s 110,000 customers and over 1.5 million Worldpay merchants, roughly 60% of both merchants and customers shared their interest in crypto payments. However, the…
Read more
In a bullish report released by professional services firm PwC Luxembourg, 61% of 123 Luxembourg-based financial players are “embarking or planning to embark on a crypto journey.” The report comes hot on the heels of competitor professional services firm KPMG Canada’s decision to add Bitcoin (BTC) and Ethereum (ETH) to its treasury. It appears the…
Read more
The Super Bowl advertisements by crypto companies, including Coinbase, FTX and several others, ruled social media and news headlines for their out-of-the-box approach. However, United States Senate Banking Committee Chief Sherrod Brown was not impressed and blasted the ad-makers for not including appropriate warnings and risks involved. Brown, during the Tuesday Senate hearing on stablecoins, brought…
Read more
Bitcoin (BTC) broadly held levels at $44,000 and above on Feb. 16 amid fresh optimism that another macro low would be avoided. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView OBV sparks 2021 recovery comparisons Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rebounding after an overnight dip to $43,725 on Bitstamp. In a tightening range,…
Read more
The Financial Stability Board (FSB), a global financial authority funded by the Bank for International Settlements, has released a new report on the financial stability risks associated with cryptocurrencies. Published on Wednesday, the 30-page study details a number of financial risks related to various types of cryptocurrencies as well as the industry sectors, including private…
Read more
Publicly-listed company SelfWealth (ASX: SWF) has reportedly become the first Australian online share trading platform to offer cryptocurrency investing after announcing a deal with the local crypto exchange BTC Markets. In an interview with Cointelegraph, BTC Markets CEO Caroline Bowler stated that investors will be able to trade five primary crypto assets from Q2 2022,…
Read more
Ohio’s eighth district congressman Warren Davidson has introduced the “Keep Your Coins” bill in the House of Representatives to protect individuals’ self-custodied crypto wallets from U.S. government agency control. The introduction on Feb. 15 comes just a day after the Canadian government invoked the Emergencies Act, giving it the power to freeze bank accounts and…
Read more
Global and macroeconomic concerns ranging from rising inflation rates in the United States to the prospect of Russia invading Ukraine continue to spark volatility in financial markets. To the surprise of many analysts, the mood in the cryptocurrency market shifted in a positive direction on Feb. 15 after Bitcoin (BTC) climbed to $44,500 and Ether…
Read more
The U.S. Securities and Exchange Commission has reportedly launched a probe into major crypto exchange Binance’s U.S. arm regarding trading firms connected to Binance CEO Changpeng Zhao. According to a Tuesday report from the Wall Street Journal, the SEC is looking into the relationship between Binance.US and trading firms Sigma Chain AG and Merit Peak.…
Read more