Tag: Bitcoin

Goldman Sachs announced it became the first major US bank to have made an over-the-counter (OTC) cryptocurrency transaction. The bank bought an OTC Bitcoin non-deliverable option (NDO) from Galaxy Digital. The bank’s first OTC crypto transaction could spur other Wall Street giants to follow suit. An OTC Bitcoin NDO sounds complicated, but it basically means…

Britain’s Financial Conduct Authority (FCA) has warned operators of crypto ATMs in the UK to shut down their machines, claiming it illegal. The financial watchdog says that it hasn’t granted any of the crypto firms registered with it the permission to operate ATM services. Government regulators are concerned about money laundering using crypto ATMs. The…

What is KYC Bitcoin, and what steps can users concerned with privacy take to address the issues presented by KYC Bitcoin? – Anthony Feliciano expressed his opinion in a guest post on Bitcoin Magazine. If you have spent time going down the rabbit hole of Bitcoin or bought Bitcoin from an exchange, then you have…

Aiming to become Europe’s Bitcoin capital, Lugano, Switzerland, has formed a partnership with stablecoin issuer Tether to establish Bitcoin, Tether, and Lugano’s own LVGA Points token as essentially legal tender in the city. Lugano will also ‘roll the red carpet’ for Bitcoin and blockchain businesses and enthusiasts to relocate to the city. The Swiss city…

A wave of sanctions hitting Russia highlights the complex web of connections that make up contemporary global society – and its ultimate fragility, writes David Z. Morris, CoinDesk’s Chief Insights Columnist. Vladimir Putin’s Russia is facing a wave of truly unprecedented financial sanctions in retaliation for its widely scorned invasion of Ukraine. The sanctions have…

Believing in something is human nature. But in the modern, multifaceted and information-saturated world we sometimes choose very odd objects of worship. So it should probably come as no surprise that for a growing number of people such an object is… Bitcoin. Let’s take a closer look at this phenomenon. Have you ever watched a…