Tag: Adoption

Colorado plans to become the first US state to accept tax payments in cryptocurrency, a move the governor’s office has described as the “next logical step on the path to digital statehood”. Colorado’s governor, Jared Polis, who announced the effort last week, explained in a tweet that the state would accept crypto payments converted into…

Steam wasn’t accepting Bitcoin for long due to its volatility and ‘50% of transactions were fraudulent,’ says Gabe Newell, the Valve president. Bitcoin was adopted as a payment method on Steam in April 2016. However, it was removed in December 2017 due to the volatility of cryptocurrency’s price and “a significant increase in the fees…

A new cryptocurrency-themed restaurant called “Doge Burger” has launched in Dubai, allowing customers to pay for their food using digital assets. It will offer many “doge-inspired” burgers which can be delivered directly to customers’ doors. The restaurant is a virtual one available through delivery. According to Timeout Dubai, the virtual restaurant was launched by Rocket…

EU Commissioner for Home Affairs said that the European Union is open to digital assets but with fraud-preventing regulation. Regulation and cybercrime in the crypto industry sparked the discussion around crypto at the Munich Security Conference 2022. The commissioner spoke at the Munich Security Conference on February 18, 2022, attended by the CEO of FTX,…

The United Arab Emirates (UAE) is formulating a licensing regime for virtual asset service providers to formalize the crypto economy and become a global industry hub. Meanwhile, various free zones in the country had introduced crypto regulations as early as 2018. According to Bloomberg citing government officials, the UAE is readying to issue federal licenses…

BlackRock, the world’s largest asset manager, is reportedly planning to offer a crypto trading service to its investor clients, three sources revealed. Clients would be able to trade crypto through the firm’s Aladdin investment platform, one of the sources said. As one source familiar with the matter told CoinDesk, the New York-based firm means to…