MiamiCoin has generated almost $8 million in the past two months, Decrypt reported. Mayor Francis Suarez’s ambitions for the project include making the city a “cryptocurrency innovation hub,” and he’s said crypto could help change the way local programs are funded and allow the City...
CoinEx cryptocurrency exchange is stopping its business in China as the government there cracks down on crypto, Cointelegraph reported. The company said it will be retiring user accounts verified as mainland China citizens, according to the report. Those linked to a mobile phone number from...
Cryptocurrency exchange Kraken will pay $1.25 million to settle Commodity Futures Trading Commission (CFTC) charges that it allowed customers to illegally trade margin products related to bitcoin or other cryptocurrencies, TheStreet reported. The CFTC said the company had also not registered as a futures commission...
Morgan Stanley has doubled the ownership it has in Grayscale Bitcoin Trust (GBTC) shares since April, AMBCrypto reported. The bank, in a filing with the U.S. Securities and Exchange Commission (SEC), said its Morgan Stanley Europe Opportunity Fund owned 58,116 shares of the GBTC as...
The city of Miami is the first jurisdiction to put a cryptocurrency in place via CityCoin, which is a city-based token, according to a press release. It’s called MiamiCoin. The city has voted to approve around $5 million worth of the cryptocurrency. The coin represents...
El Salvador President Nayib Bukele said 2.1 million Salvadorans are using the government’s Chivo cryptocurrency wallet, Cointelegraph reported. Earlier this month, the country decided to make bitcoin a legal tender. The Chivo wallet lets individuals and businesses send and receive payments in bitcoin or dollars...
PortAventura World, a resort possessing Europe’s most theme parks and six hotels, is creating software so guests can use cryptocurrency to pay, according to a press release. The project will be rolled out in the beginning of 2022 as the six hotels have their receptions....
WallStreetBets (WSB) is rolling out a nonfungible token (NFT) collection, a press release says. The release notes that it will be called Diamond Hands, and will contain 15,000 handcrafted genesis NFTs. They’ll each have “unique qualities” and some will have “desirable rarities,” the release says....
Binance is going to quit offering three products, futures, options and leveraged tokens to Australian users, a report from the company website says. Existing Australian users will have 90 days to reduce and close positions for those products, starting at 9 a.m. on Sept. 24....