Bake N More, a Dubai-based cafe, has become the latest company from the region to add cryptocurrency as a payment option. According to the company’s owner, Mohammad Al Hammadi, Bake N More hinted at possible plans to pay employee salaries in cryptocurrency as well. A Hub for Crypto Users in UAE A Dubai-based cafe, Bake N More, has become the latest company to add cryptocurrency as another payment option available to customers. Despite taking this step, Bake N More will nonetheless continue to accept cash and credit card payments, the…
Tag: Markets
FINALLY GOOD NEWS!!! Raoul Pal Latest Update On Bitcoin & Ethereum
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io FINALLY GOOD NEWS!!! Raoul Pal Latest Update On Bitcoin & Ethereum Receive $10 of FREE BITCOIN when you use this link to sign up for Coinbase and invest $100: ⮕ 💰 Get $25 with Crypto.com: 💰 Secure your Crypto with Hardware Wallets: Ledger: ⮕ 💰 Get up to $250 in BTC when you deposit $25: Receive $10 of FREE BITCOIN when you use this link to sign up for Gemini and invest $100: ⚠️ Lower Trading Fees On Binance: Crypto Taxes Done…
Bitcoin investment popularity 'is a longer term story,' Coindesk editor says
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Bitcoin #Crypto #Cryptocurrency Yahoo Finance’s Zack Guzman speaks with Emily Parker, CoinDesk Global Macro Editor and Anchor, to discuss the rise in bitcoin holders in 2021 and government regulations on stablecoins. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: Subscribe to Yahoo Finance: About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates…
New Central Bank Document Outlines Key Motivations for Issuing the Digital Currency – Emerging Markets Bitcoin News
In a recently released document, the Bank of Ghana (BOG) outlines some of its key reasons for developing the central bank digital currency (CBDC). Also, in the document, the bank’s governor insists the institution is open to suggestions that will help it to successfully launch the digital currency. Benefits of a CBDC The Ghanaian central bank recently released a document that outlines the key motivations behind its plan to issue a central bank digital currency (CBDC). The document also touches on the digital currency’s design as well as the benefits…
Vinco Ventures stock soars, Goldman Sachs conducts first OTC bitcoin option trade
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #VincoVentures #GoldmanSachs #OTCbitcoin Yahoo Finance’s Rachelle Akuffo, Brad Smith, and David Briggs report on Vinco Ventures stock soaring on speculation of a short squeeze, Goldman Sachs making the first over the counter crypto options, plus Al Michaels to voice Amazon’s Thursday Night Football. Yahoo Finance Live examines several of the day’s trending stock tickers. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: Subscribe to Yahoo Finance: About…
Global Crypto Economy Holds Above the $2 Trillion Zone for 5 Consecutive Days – Markets and Prices Bitcoin News
The crypto economy has managed to remain above the $2 trillion mark during the last five days since March 22. Currently, the global cryptocurrency market capitalization is 1.3% higher during the last 24 hours, as the valuation stands at $2.1 trillion today. Furthermore, the price of bitcoin jumped over the $46K zone on Sunday as well capturing an $870 billion market cap. Digital Assets Gain This Week, Bitcoin Cracks $46K, TVL in Defi Holds Above $200 Billion Digital currencies have gained in value during the last seven days and for…
UAE Venture Capital Firm Launches $100 Million Seed Fund for Blockchain and Crypto Projects – Emerging Markets Bitcoin News
Cypher Capital, a United Arab Emirates (UAE)-based venture capital (VC) firm, has announced the launch of a $100 million seed fund that will primarily avail funding to decentralized finance (defi), gamefi, and metaverse projects. Mentoring of Entrepreneurs A United Arab Emirates (UAE)-based venture capital firm, Cypher Capital, recently announced it has launched a $100 million seed fund whose objective is to finance blockchain and crypto projects with genuine value propositions. As explained in a report published by Unlock Media, the VC firm is planning to be involved in the mentoring…
Venezuela’s Sunacrip Launches Petro-Based Gift Card Market and Exchange – Emerging Markets Bitcoin News
Sunacrip, the Venezuelan cryptocurrency watchdog, has announced a set of improvements to its Petroapp wallet, allowing Venezuelans to use the petro (PTR) for new functions. The app now has an embedded cryptocurrency exchange that allows users to exchange petros for other currencies, and a series of gift card and payment options to increase adoption. Petro Relaunch Aims to Offer More Use Cases Sunacrip, the cryptocurrency regulation institution in Venezuela, has announced a series of changes to its petro (PTR) wallet app called Petroapp, which are directed to improve…
Kenya Central Bank Governor Reiterates His Opposition to Cryptocurrencies – Emerging Markets Bitcoin News
The Kenyan central bank governor has once again told Kenyans to be wary of the risks that are associated with cryptocurrency transactions and trading. The governor also warned financial institutions supporting cryptocurrency transactions that they risk losing their licenses. Crypto Trading Beneficial to a Few The governor of the Central Bank of Kenya (CBK), Patrick Njoroge, has reiterated that his institution still opposes cryptocurrency transactions. The governor also suggested that Kenyan citizens must always be wary of investing in highly volatile asset classes such as cryptocurrencies. In remarks published by…
IOSCO says DeFi is quickly evolving and ‘cloning financial markets’
As decentralized finance (DeFi) space grows, regulators are giving more effort to conducting research and providing a means to better understand the emerging industry. Today, the International Organization of Securities (IOSCO) published a report that aims to give a perspective on DeFi and highlight some areas that may be potential areas of concern to regulators. According to the report, DeFi is growing and many of its mechanisms are very similar to traditional financial markets. Total Value Locked in DeFi. Source: IOSCO report Apart from mirroring traditional finance, IOSCO mentions that…