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Bitcoin Is Financial Instrument, Clarifies Germany, Crypto Custodians Qualify as Financial Institutions

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The Federal Financial Supervisory Authority of Germany, Bafin, has issued guidance to clarify the status of cryptocurrencies and the regulations that apply to related business activities. The recommendations are based on the country’s current legislation, taking into account the latest changes. Also read: Turkey to Inspect Cryptocurrency Exchanges as Part of Government Offensive Against Online … Read more

Litecoin Payments Gain Traction Among Tourism-related Providers

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One often heard complaint is how cryptocurrencies have limited use in the real world. Those who own Litecoin can book travel and accommodation courtesy of nearly two dozen service providers. The usability of most crypto assets is virtually non-existent. Litecoin is Very Useful for Traveling Except for a few dozen coins, the others are speculative … Read more

FOIN Allows Merchants to Accept Crypto Payments In-Store

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FOIN, a cryptocurrency company and a developer of the transparent payment system FoPay, announced the strategic partnership with Cyclebit, a crypto payment solutions provider. According to the official information, starting from that day, FOIN, the decentralized peer to peer cryptocurrency for the finance sector, along with 20 other top cryptos are accepted at more than … Read more

PR: Australian Bitcoin Cash Conference Brings Cryptocurrency Leaders to Townsville

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Global leaders from the Bitcoin Cash community will gather at the first Bitcoin Cash City Conference in Australia, being held in Townsville on September 4 & 5. Townsville has really embraced Bitcoin Cash, so hosting this conference in the cozy, coastal suburb was a natural next step. Australia’s first gathering of enthusiasts and business leaders … Read more

Public Transportation Across Argentina Can Now Be Paid With BTC

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The national contactless smart card that is used to pay for public transportation throughout Argentina can now be loaded with BTC. These cards are valid for rides on buses, trains, subways, and motorboats in 37 cities, including the capital city of Buenos Aires, according to the Argentine government’s website. Also read: Indian Supreme Court Moves Crypto … Read more

Over 900 Retailers Worldwide Now Accept Bitcoin Cash

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The number of online retailers accepting bitcoin cash (BCH) has swelled to more than 945 stores in the last few months. According to Marco Coino, which provides a directory of merchants that accept payments in BCH, more than 670 bricks and mortar retailers also now handle transactions in the cryptocurrency. In October, that figure stood … Read more

Japanese Internet Giant GMO to Launch Yen-Pegged Cryptocurrency

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Japan’s GMO Internet Group has announced plans to issue a yen-pegged stablecoin called GMO Japanese Yen. Already in the crypto exchange and mining hardware businesses, the company plans to launch its third crypto enterprise with this stablecoin. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Yen-Pegged Stablecoin GMO Internet Group announced Tuesday … Read more