El Salvador President Nayib Bukele said on Twitter Monday (Sept. 20) that the country has bought the bitcoin price dip to exchange dollars for bitcoin, Bitcoin Magazine reported. We just bought the dip. 150 new coins! El Salvador now holds 700 coins.#Bitcoin🇸🇻 — Nayib Bukele...
Bitcoin began the week on a down note Monday (Sept. 20), with the digital currency’s price falling as much as 10% at one point during the day. It was down 9.09% as of 3 p.m. Eastern time Monday. The price of bitcoin was at $47,700...
In other news, the Bank of Russia will be working with commercial banks to delay payments to digital asset exchanges, intending to limit “emotional” crypto purchases by unqualified investors, Bitcoin.com reported. The move will likely influence peer-to-peer (P2P) and over-the-counter trading platforms, according to the...
AMC Theatres CEO Adam Aron said the movie theater will accept bitcoin, ether, bitcoin cash and litecoin for ticket purchases as it sees digital currencies gaining more traction, Reuters reported. The company had already announced it would be taking bitcoin back in August, but it...
U.K.-based financial super app Revolut is using bitcoin to pay for its space in Dallas, Texas, with flexible office provider WeWork. Revolut’s largest U.S. space so far, located at 6900 Dallas Parkway, will be the hub for Revolut’s American expansion efforts, according to a press...
The Turkish central bank said it has created the Digital Turkish Lira Collaboration Platform in order to conduct more research on the possible benefits of a digital currency, Reuters reported. The bank said it has signed agreements separately with Turkey’s Havelsan, Aselsan and Tubitak-Bilgem for...
China’s cyberspace commission in the Hebei province has confirmed it will work alongside other government departments to help crack down on digital currency trading and mining, Reuters reported. This represents the country’s latest crackdown on cryptocurrency, according to the report. The province will see numerous...
Fidelity Investments is bolstering its digital assets team as crypto sees a glut of financial advisers, family offices and other investors get on board, according to Bloomberg Monday (Sept. 13). Fidelity provides institutional services like digital coin custody to trade execution. The company wants to...
Bancoagrícola, the largest El Salvadorean bank, is accepting bitcoin for loans and credit card payments, The Block reported. Customers can also use cryptocurrency to pay for goods and services connected to the bank’s payments gateway. This will be handled through New York-based Flexa, a payments...