EU lawmakers plan to cap banks’ crypto holdings

    EU banks exposed to crypto might face caps and hefty capital requirements due to proposed amendments to a financial-services law published on August 17. Lawmakers of the European Green Party want to anticipate international standards by legislating heavy capital requirements for lenders. The plans, presented by Green Party lawmaker Ville Niinistö, seek to anticipate capital…

    Fintech startup Strike launches new Visa Card to allow payments in Bitcoin

    Strike, the leading blockchain-based startup, entered into a collaboration with financial giant Visa Inc. to offer crypto rewards through its new crypto card. The startup also said that access to the card could be granted by joining a waitlist. Digital currency-based payment protocol Strike, built on the Lightning Network, has announced the launch of a…

    Tips for surviving the crypto bear market

    Bear markets are difficult as people watch their account balances diminish with the Bitcoin price dropping. There are many things you can do to ease the pain. This is an opinion editorial on Bitcoin Magazine by Boomer, a long-time and active member of the financial independence/retire early (FIRE) movement. Deep down, we all knew this…

    Crypto without internet: SMS service allows Bitcoin transactions via text in Africa

    Machankura, the South African SMS-based service named after the local slang word “money,” is bridging the gap between Bitcoin and people without internet access. Kgothatso Ngako, the developer of the service, believes that due to this new technology, people in Africa will be able to receive and spend Bitcoin without the need for an internet…

    BlackRock launches a new Bitcoin trust, pushing institutional crypto adoption

    BlackRock announced Thursday the launch of a private trust that will hold Bitcoin and seek to track the asset’s performance, with Coinbase serving as the trust’s custodian. The news marks a giant leap forward in Bitcoin’s institutional adoption, which brought out a flurry of bold calls. This development comes one week after BlackRock announced a…

    Where Bitcoin creates more potential jobs

    There are numerous new types of jobs since the internet first gained popularity. Bitcoin will experience a similar growth trajectory as more jobs are created. We haven’t even begun to scratch the surface of potential Bitcoin jobs — Peter Conley, a contributor for Bitcoin Magazine, writes in his opinion editorial. How big can Bitcoin jobs,…