Liechtenstein’s Postal Service to Offer Crypto Exchange Services at Physical Locations

Liechtensteinische Post AG, the country’s official postal service, plans to offer cryptocurrency exchange services at their physical locations, according to an official announcement published on Feb. 14. The postal service will allow customers to exchange their fiat to Bitcoin (BTC) in one of its offices in Vaduz, the country’s capital, starting on Feb. 15. After purchasing BTC, the customers will get a physical wallet generating public and private keys. Later, the service will likely be extended to other post offices all over the country, the announcement notes. Moreover, the postal…

Swiss Wallet Firm to Produce Physical Banknotes for Marshall Islands Digital Currency

Tangem, a Switzerland-based ‘smart card’ wallet manufacturer will reportedly issue physical banknotes for the Sovereign (SOV), the state digital currency of the Marshall Islands, according to an announcement on Jan. 28. Per the announcement, physical representations of the digital currency will purportedly ensure that citizens have “fair and equal access to their digital currency, whether or not they have internet connection.” The firm states that a physical SOV will be a “controllable mechanism” for issuing the currency by the Marshallese government. Minister David Paul, Minister-in-Assistance to the President of the…

Regulations Have Ruined the Physical Bitcoin Industry

Economy & Regulation As bitcoiners celebrate the 10th anniversary of Satoshi’s invention, veteran enthusiasts will be aware that a lot has changed since the early days. One business that was once incredibly popular is the art of manufacturing loaded physical bitcoins. Government regulations have forced operations to cease, causing the physical bitcoin minting business to virtually grind to a halt.   Also read: 8 Crypto Debit Cards You Can Use Around the World Right Now  Manufacturing Loaded Physical Bitcoins Is a Lost Art Not long after Bitcoin was launched, people managed…

Coinfloor Rebrands to Shake Up the Industry with Its Stablecoin and Physical Bitcoin Futures

Photo: Coinfloor / Facebook A new year has begun and for many of us it means a new beginning. The same feeling seems to be common for some companies as well. CoinfloorEX is starting the year with its reorganization. Company’s Rebranding CoinfloorEX, that is a unit of the UK-based cryptocurrency exchange Coinfloor, has experienced rebranding and now it will be known as CoinFLEX and it will offer an opportunity of physical Bitcoin futures trading on the Asian market. A new name is an abbreviation for Coin Futures and Lending Exchange. It is reported that the exchanged…

CoinFLEX To Offer Physical Bitcoin (BTC), Ethereum Futures: Bakkt Competitor?

Hong Kong Startup To Offer Physical Bitcoin, Ethereum Futures (With Leverage!) Per a recent piece from Bloomberg, the “contest” for physically-delivered Bitcoin futures is heating up, as another contender has entered the fray. This new contender is a Hong Kong-headquartered up-and-coming crypto startup named CoinFLEX, formerly a branch of U.K.’s Coinfloor. This fledgling venture reportedly is backed by ” (former) Bitcoin Jesus” Roger Ver and Trading Technologies International, which is a firm that programs and manages trading software. Mark Lamb, a crypto enthusiast of six years, will be heading the exchange…

Bitcoin History Part 4: Casascius Creates Physical Bitcoins

Bitcoin was born as a wholly digital currency, and it might have remained that way had it not been for the efforts of an early adopter from Utah. His name was Mike Caldwell, but on the Bitcointalk forum, he was better known as Casascius. The physical bitcoin creator took a digital phenomenon and converted into physical matter. For the first time in history, bitcoins were tactile. Also read: Bitcoin History Part 3: Turning on the Faucet Why a Physical Bitcoin? “Why a physical bitcoin?” That was the question with which…

Bytom Is Connecting Physical and Digital Assets

Assets of all stripes have long been recognized for their value in building wealth, paying debts and meeting both short- and long-term commitments. But now, with the exponential growth of computing power and big data, the value of strictly digital assets has all but eclipsed the traditional physical assets that were long the cornerstone of personal wealth. As such, there is a growing need for projects that can connect the worlds of traditional physical assets and cutting-edge digital ones, thus providing the best of both worlds. A key player in…

ICE’s Bakkt Reveals First Crypto Product as Physical Bitcoin Futures

Intercontinental Exchange (ICE) confirmed its Bakkt cryptocurrency platform’s first offering will take the form of physical Bitcoin futures. ICE, which also operates the New York Stock Exchange (NYSE) released new details Tuesday, September 25. Bakkt, which ICE has said will be a “regulated ecosystem” for institutional investors aiming to get exposure to cryptocurrency, will offer futures against at least three fiat currencies: the U.S. dollar, British pound sterling and euro. “Our first contracts will be physically delivered Bitcoin futures contracts versus fiat currencies, including USD, GBP and EUR,” the company…