Tags : cryptocurrencies

Cryptocurrency

Morningstar analyst pegs Cardano (ADA) as one of the “big

Morningstar Portfolio Manager Amy Arnott said Cardano, along with Bitcoin and Ethereum, has the potential to form the “big three” of mainstream cryptocurrencies. She pointed out each has its pros and cons. However, Cardano will soon offer the technical applications of Ethereum, but without its extreme volatility. Whereas she claims Bitcoin lacks the ability to […]Read More

Bitcoin

You can now pay for a WeWork office using Bitcoin

U.S. real estate firm WeWork, which provides office and work solutions, announced it now accepts Bitcoin, Ethereum, USD Coin, Paxos, and other cryptocurrencies as payment for its services. Its CEO Sandeep Mathrani said his firm’s strength lies in adapting to meet the needs of its members. With a growing fintech userbase, Mathrani felt it was […]Read More

Blockchain

Visa to Accept Cryptocurrencies for Payment Settlements 

According to Reuters, Visa announced today that it will begin accepting cryptocurrency USD Coin (USDC) to settle transactions on its payment network. The move by the fintech giant coincides with the growing institutional acceptance of digital currencies. The company has launched a pilot payment program with Crypto.com, and plans to roll out its services to […]Read More

Regulation

Nigeria’s central bank moves to prohibit Bitcoin and cryptocurrencies

The Central Bank of Nigeria (CBN) reminded financial service businesses that dealing with cryptocurrency is prohibited. The letter, signed by Director Bello Hassan, warned of severe regulatory sanctions for those failing to meet the directive. Hassan says monetary service providers must identify on/off ramping and immediately close accounts associated with the action. “Accordingly, all DMBs, […]Read More