The First Statue of Satoshi Nakamoto Unveiled in Hungary
A bronze statue of the anonymous Bitcoin creator was unveiled in Hungary. First time in the world that Satoshi Nakamoto, the pseudonym of Bitcoin inventor, was honored. The statue is currently placed in a technology park in the Hungarian capital Budapest where the monument of Apple’s founder Steve Jobs can also be found. Read more
PayPal Now Completes the First International Rollout of Crypto Offering in the UK
Since inception, the coinpass team have always strived to be the fastest, most reliable, and easiest way to invest and trade crypto for all our users and clients. When we launched in 2018, there were few high–quality exchanges in the UK, or globally, that put customer service before revenue and rarely would a support ticket be answered in days or weeks. Our goal at coinpass.com was to change that.
Twitter Campaign Calls Out BTC Fans To Purchase Bitcoin To Support El Salvador
On September 7th, El Salvador has officially declared Bitcoin as a legal tender. A social media campaign on Twitter went around encouraging people to purchase Bitcoin with the hashtag #7SeptemberBuyBTC. This is to show support for the launch of El Salvador’s Bitcoin Law. Read more
Ripple Responds To SEC’s Refusal in the Motion To Compel Pre-Clearance XRP Trading Data
Morgan Stanley Holds More Than 1 million Shares in GBTC
A multinational investment bank, Morgan Stanley, holds shares in Grayscale Bitcoin Trust. According to the SEC filings, Morgan Stanley Insight Funds owns over 928,051 GBTC, worth $36 million in Grayscale Bitcoin Trust. With institutions like this jumping into huge crypto investments, it will be no surprise that other major institutions will eventually follow. Read more
The coinpass management team have always believed in adhering to regulating parts of the cryptocurrency eco-system that interface with the traditional world of finance. Transacting between banking and crypto on a single digital layer has been coinpass’s vision since inception. Our registration with the UK Financial Conduct Authority is now in place and our vision is another step closer to reality.
Jeff Hancock, CEO of coinpass, commented: “We’re exceptionally pleased to be among one of the first UK based cryptocurrency Trading Exchanges for retail investors and businesses to be fully registered with the Financial Conduct Authority as a crypto-asset firm…
An episode of Generation Bitcoin with host Matt James and guest Jeff Hancock have talked about the chances of Bitcoin taking over the world. Jeff Hancock is the Co-Founder & CEO of coinpass — Voted the “UK’s Best Cryptocurrency Exchange Platform 2020”.
The Podcast session was initiated by a Bitcoiners interviewer, Matt James, who is also a long-term Bitcoin HODLer that desires to help elevate humanity with new useful technology.
In the conversation, they have discussed about coinpass, government regulation, Bitcoin vs. Altcoins, Bitcoin (BTC) maximalism, the bull run, institutional investing, the lightning network, and CBDCs.
“I got kind of…
AMC To Accept Crypto as Payment for Movie Tickets
The theater chain AMC will start accepting bitcoin as payment in buying movie tickets and concession items online. This will take effect by the end of 2021 in all US theaters with IT systems ready for all crypto payments. This big move received a lot of hype in the crypto community and many are excited for more amazing news like this. Read more
Grayscale Hires ETF Head for Its Bitcoin Fund Conversion
On June 8, 2021, El Salvador shocked the world — particularly the cryptocurrency industry — when it passed into law President Nayib Bukele’s proposal to make Bitcoin one of its legal tenders.
This isn’t the first time the country made people question its fiscal policy. In 2001, it abandoned its supposed national currency called colon in favor of the US dollar.
Either way, while the ardent fans and users of Bitcoin and crypto may rejoice, many financial experts are already expressing their concerns over this brand-new law. …
In 2021, El Salvador passed a law that made Bitcoin legal tender, as the US dollar. Meanwhile, one of the world’s biggest financial markets, China, has been cracking down on crypto mining companies while planning to launch its digital currency.
Moreover, the cryptocurrency market is now valued at more than $1.56 trillion at the time of writing.
Traditional financial institutions have been taking more notice of the cryptocurrency market now that its popularity has increased with different investor groups. In the United States, these include names Goldman Sachs, Barclays, USAA, and many other retail investors. The market for trading and…
Goldman Sachs Files Application for Defi ETF to the SEC
Goldman Sachs, one of the leading banking institutions in the world, has presented an application to offer a Defi-linked Exchange Traded Fund (ETF) to the SEC. The mentioned ETF is defined as “Goldman Sachs Innovate Defi and Blockchain Equity ETF” which aims to provide exposure to institutions and retail investors to Defi assets. The performance of the fund will be linked to the Solactive Blockchain Technology Performance-Index that includes companies like Nokia, Alphabet, IBM, Microsoft, and Overstock. Read more
Cathy Wood’s ARK Invests Another $10.8 Million Into Grayscale’s Bitcoin Trust