CoinDCX, the first Indian cryptocurrency unicorn, will be pursuing an initial public offering (IPO) when allowed to by government regulators, Bloomberg reported. Co-Founder Neeraj Khandelwal said the share sale could be a key point for the company, giving legitimacy to the industry in the same...
El Salvador’s move to make bitcoin a legal tender could end up causing problems at tax time elsewhere in the world, a report from The Telegraph says. A report says that the U.K.’s HMRC could face a legal challenge from investors who want to cut...
Bitcoin has continued a trend of surprising price spikes, passing $57,400 for a brief time on Wednesday (Nov. 24), a report from Cointelgraph says. The data from Cointelgraph Markets Pro and TradingView shows BTC/USD moving erratically within familiar price ranges, reaching $57,875 on Bitstamp around...
Sweden’s financial and environmental regulators have called on the European Union to pull the plug on proof-of-work bitcoin mining due to the negative impact on the environment, according to multiple reports. Erik Thedéen, director general of the Financial Services Authority of Sweden, and Bjorn Risinger,...
Even bitcoin gets an upgrade from time to time. And as upgrades go, Taproot is a game-changer, Stephen Pair, CEO of BitPay, told PYMNTS’ Karen Webster. It will spur more people — particularly developers — to utilize features and capabilities that have always been there,...
MercadoPago will soon let Brazilian customers buy, sell and hold bitcoin, Bitcoin Magazine reported. MercadoPago is the digital payments app of MercadoLibre. MercadoPago Vice President and Country Manager Tulio Oliveira said per the report that the company has taken the time to study and learn...
U.S. football player Odell Beckham Jr. plans to accept his salary for the Los Angeles Rams in bitcoin, Bloomberg reported Monday (Nov. 22). In a tweet Monday, Beckham said the arrangement came about because of an agreement with Cash App, the Square-backed mobile payments service,...
U.S. digital payment company Square has debuted plans for a decentralized bitcoin exchange, tbDEX, according to an 18-page white paper by the company. The paper says tbDEX is a protocol “for discovering liquidity and exchanging assets (such as bitcoin, fiat money, or real-world goods) when...
El Salvador is delving further into bitcoin and plans to issue sovereign bitcoin bonds, Bloomberg reported. The country, which has already made bitcoin a legal tender, will issue $1 billion in tokenized U.S.-dollar denominated 10-year bonds to pay 6.5% through the Liquid Network, according to...