PayPal Holdings Inc PYPL.O said on Wednesday it will allow customers to hold bitcoin and other virtual coins in its online wallet and shop using cryptocurrencies at the 26 million merchants on its network.
Today we face a new Bretton Woods “moment.” A pandemic that has already cost more than a million lives. An economic calamity that will make the world economy 4.4 % smaller this year and strip an estimated $11 trillion of output by next year.
CFTC charges BitMex with illegally operating derivatives exchange
The United States Commodity Futures Trading Commission, or CFTC, has charged derivatives exchange BitMEX with operating an unregistered trading platform and violating Anti-Money Laundering regulations.
The Fed Could be Preparing To Deposit "Digital Dollars" Directly To "Each American"
Over the past decade, the one common theme despite the political upheaval and growing social and geopolitical instability, was that the market would keep marching higher and the Fed would continue injecting liquidity into the system.
BlackRock, Vanguard, and Norway Indirectly Own $110 Million of Bitcoin Ahead of Stock Sell-Off
This huge acquisition of the world’s largest cryptocurrency enabled the Norwegian Government Pension Fund, the Vanguard Group, and BlackRock Fund Advisors to indirectly own more than 10,000 Bitcoin (BTC) altogether.