Day: October 6, 2021

AMC Theatres debuts crypto payments for e-gift card purchases

American cinema giant AMC Theatres is steadily approaching its goal of accepting cryptocurrency payments by year-end, now debuting crypto purchases for electronic gift cards. AMC customers can now buy digital gift cards with cryptocurrencies like Bitcoin (BTC) directly through the AMC website, mobile app and theatres, CEO Adam Aron announced on Oct. 5. The new payment option was enabled through major crypto payment processor BitPay, allowing consumers to purchase e-cards of up to $200, Aron noted. The CEO paid special attention to Dogecoin (DOGE) among the digital assets accepted for AMC…

What are Bitcoin Alternatives? | Ethereum, Ripple, Litecoin Cryptocurrency Explained | Dhruv Rathee

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Central Bank of Uruguay Describes Roadmap to Crypto Asset Regulation – Bitcoin News

The Central Bank of Uruguay has issued a statement describing a roadmap for the regulation of cryptocurrency assets in the near future. The institution stated it has established a group to examine the best way possible to regulate these assets, considering the realities of the crypto industry. Also, some modifications to current laws could be made to prepare for the upcoming regulation towards the end of the year. Central Bank of Uruguay Hints at Crypto Regulation The Central Bank of Uruguay has issued a statement about virtual assets…

BIS Outlines How Stablecoins Could Comply With International Money Standards

The Bank for International Settlements’ (BIS) says stablecoin payment systems should comply with international standards for payment, clearing and settlement. A new report published Wednesday by the BIS Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) includes preliminary guidance on how to apply the Principles for Financial Market Infrastructures (PFMI) to stablecoin arrangements. The CPMI and IOSCO have invited the public to make general comments and answer a set of questions laid out in the document on the clarity of the report. Responses…

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Mirror opens access to its blockchain blogging platform to all

Ethereum-based decentralized blogging platform Mirror has opened its doors to the wider public after months of running vote-based contributions only. Mirror was launched in December 2020 to enable selected writers to publish on the decentralized blogging platform. Contributors could gain access by getting voted for in weekly competitions using the platform’s native token WRITE, with just ten content creators selected per week. In an announcement on Oct. 6, Mirror stated that it has now done away with this system and has opened up to anyone with an Ethereum address and…

Ethereum Just Reversed and $3,700 is Imminent, Here’s Why

Ethereum gained pace and surpassed the $3,500 level against the US Dollar. ETH price is trading in a positive zone and it could rise further towards $3,700. Ethereum started a fresh increase above the $3,500 resistance level. The price is now trading above $3,400 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $3,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise as long as it is above the $3,400 support zone in…

Mr.Wonderful’s crypto allocation is now larger than his gold holdings

Entrepreneur and Shark Tank star Kevin O’Leary, also known as Mr. Wonderful. has revealed he now holds more crypto than gold. During an interview hosted by Daniela Cambone from Stansberry Research, O’Leary stated that his investment portfolio has a larger exposure to crypto than gold, however, he still advocates for holding both as they are “two different asset classes” and that comparisons between gold and Bitcoin are irrelevant: “I have 5% in gold. Crypto for the first time is more than gold for me, and I’m going to keep my…

ADALend’s Revolutionary GM for an Evolutionary Cardano Based DeFi – Sponsored Bitcoin News

sponsored DeFi continues to show the world that the future of finance will forever change from its old and traditional form, developed by solving problems individuals and institutions face with mainstream banks. ADALend continues the string of innovations in DeFi under the guidance of its GM. Javed Khattak, A qualified actuary (FIA), an award winning C-suite executive, and a successful serial entrepreneur who was awarded CFO of the year in 2018 by Wealth & Finance magazine, listed in the the top 20 individuals behind ICOs in 2017, a track record…