Tag: Cryptocurrency
Dubai-based SFM to accept major cryptocurrencies as payment option
Dubai-based leading corporate service provider SFM Corporate Services has stated that cryptocurrencies would be accepted as payment for business formation services.
According to the statement,...
Bitcoin jumps above $50,000 for first time since mid-May
The world's biggest cryptocurrency, Bitcoin’s price has surged past $50,000 for the first time in the last three months after it crashed in May,...
PayPal’s Venmo lets credit cardholders buy cryptocurrency with cashback
Venmo, a mobile payment service owned by PayPal, is expanding its cryptocurrency support with the launch of a new feature that allows users to...
Bitcoin failing to break the wall of resistance
This week, Bitcoin has been attempting and failing to break above important technical hurdles, instead of drifting lower towards a significant turning point.
All week,...
China’s central bank vows to keep high pressure on crypto market
China’s central bank has pledged to maintain its strong regulatory pressure on cryptocurrency trading and speculation after rapidly increasing its clampdown in the sector...
Germany to allow certain institutional funds to invest in Cryptocurrency
Germany will reportedly allow selected institutional funds to invest billions of dollars in crypto assets for the first time.
Policymakers throughout the world have been...
UAE institutional players to increase cryptocurrency investments; Survey
Institutional investors and wealth managers in the UAE expect to grow their exposure to cryptocurrency assets between now and 2023, according to a new...
Majority of institutional investors plan to buy digital assets: Study
According to a study by Fidelity's cryptocurrency business, seven out of ten institutional investors plan to invest in or buy digital assets in the...
