Crypto currency

Cielo supports crypto payments on PoS devices

Cielo Adds Crypto Payments on its 1.4M Point-of-Sale Devices

The giant Brazillian payment system company Cielo is now supporting Bitcoin and other crypto payments on its point-of-sale (PoS) devices. With this development, users can pay with crypto using QR codes on Cielo PoS devices. The firm operates around 1.4 million PoS machines covering 5,500 Brazillian municipalities…

Diamond backed crypto Ponzi scheme

Venezuelans Fall Prey to Crypto Ponzi Scheme: Lawsuit Filed with US Court

Seven Venezuelan investors reported a case against the accused companies connected to the $30 million worth crypto Ponzi scheme. The firms including Eagle Financial Diamond Group Inc. and Argyle Coin are reported to the Florida Federal Court.¬†The involved crypto asset in this scheme was pegged to diamond…

Bitcoin Debit Card

How Bitcoin Debit Card Will Shape the Future of Cryptocurrencies

For our day-to-day banking uses, we make use of credit and debit cards. Thanks to technology now we have plastic banking cards that we can use to withdraw money as well as use it to pay for the things we purchase. Now, with the concept of cryptocurrencies, a person may think these are digital currencies. […]

Purchase of Crypto through Bank Transfer

Crypto Wallet Platform BRD Now Supports Purchase of Crypto through Bank Transfer

The mobile crypto wallet platform BRD now supports Purchase of Crypto through Bank Transfer. It has joined hands with blockchain firm Wyre for this purpose. Customers can buy Bitcoin, Ether, and DAI by simply linking their BRD wallet to their respective bank accounts. They have to make a low-fee transfer as well. Apparently, over 1700 […]

European Football Club Now Accepts Cryptocurrency

Major European Football Club Now Accepts Cryptocurrency for its Merchandise

SL Benfica, the major European football club now accepts cryptocurrency for its merchandise sales. It becomes the first football club to do so. This follows the club’s partnership with the UTRUST payment platform. Fans who want to buy merchandise can pay using UTRUST token (UTK). They can also pay with Bitcoin and Ethereum. According to […]

Securities Regulator Of Italy

Securities Regulator of Italy Bans Crypto Investment Firm Tessline

The national securities regulator of Italy, La Commissione Nazionale per le Societ√† e la Borsa (CONSOB) issued a termination notice against Tessline and its cryptocurrency liracoin. Tessline is a crypto investment and trading firm in Italy. According to the notice, the firm and the affiliated entities have violated Article 18 of Italy’s Consolidated Law of […]

Anchorage Issues Insurance Coverage

Crypto Custodian Anchorage Issues Insurance Coverage

Anchorage, the crypto custody service company is integrating insurance coverage for the storage of digital assets. The announcement was made clear in a blog post. The firm declares insurance for various digital assets custody service firms. The insurance coverage is the by-product of the partnership between Anchorage and insurance broker Aon. The brokerage firm has […]

Crypto Assets Regulation

Australian Financial Regulator Introduces New Crypto Assets Regulations

The Australian Securities and Investment Commission (ASIC) has announced new ICOs and crypto assets regulations. These regulations explain the legal responsibility of the firms under the Corporations Act, the ASIC Act, and other laws. According to ASIC, ICOs and crypto assets are the financial products that are supervised under the Corporation Act. To hold such […]