Author: Shawn Amick

Russia To Let Any Industry Trade In Crypto – Bitcoin Magazine

[ad_1] The Ministry of Finance of the Russian Federation plans to let any industry in the country to accept bitcoin and cryptocurrencies for international trade without restriction, per a report from local media outlet TASS. Ivan Chebeskov, director of the Financial Policy Department for the ministry, explained in a recent interview. “We are going to […]

Spain’s TelefĂłnica Begins Accepting Bitcoin, Crypto Payments – Bitcoin Magazine

[ad_1] Spain’s largest telecommunications company is now accepting bitcoin and cryptocurrencies as payment on its ecommerce store. TelefĂłnica partnered with Bit2Me, the largest cryptocurrency exchange in the country, to facilitate real time payment conversion into euros. The telecom has also reportedly invested in Bit2Me, and further details will be released in the upcoming weeks. TelefĂłnica, […]

MicroStrategy To Hire Bitcoin Engineer, Build Lightning Platform – Bitcoin Magazine

[ad_1] MicroStrategy is looking to hire a Bitcoin software engineer. The new hire will be tasked with building an enterprise-grade ecommerce and cybersecurity SaaS platform based on Bitcoin and the Lightning Network. The job posting shows preference for Bitcoin and Lightning developers, but also considers some DeFi experience. Software analytics firm MicroStrategy, the largest corporate […]

US Bill To Let 401(k) Plans Invest In Bitcoin, Crypto – Bitcoin Magazine

[ad_1] Republican lawmakers drafted a bill enabling investment managers to offer bitcoin in 401(k) plans. The bill seeks to remove liability for a breach of fiduciary duty for offering access to bitcoin and cryptocurrencies. The bill is likely to be presented following the midterm elections in November 2022. Three republican members of Congress presented a […]

Kazakhstan Completes First Crypto Purchase With Local Currency – Bitcoin Magazine

[ad_1] The first purchase of cryptocurrency with Kazakhstan’s local currency has been finalized. The President of Kazakhstan says further demand could likely result in full legal recognition of digital assets. The country will continue running a pilot program through this year to test demand and security. Kazakhstan’s first cryptocurrency purchase with its local currency, the […]

Bitcoin Payment Provider Strike Raises $80 Million – Bitcoin Magazine

[ad_1] Strike, a leading payment provider for the Bitcoin Lightning Network, has raised $80 million in a series B funding round led by the bitcoin-focused investing firm Ten31, per a press release. “We believe Strike is poised to disrupt the financial services and payments landscape, enabling a more efficient, innovative, and inclusive financial experience for […]

Bitmatrix Releases Automated Market Maker Mainnet Beta On Liquid – Bitcoin Magazine

[ad_1] Bitmatrix, an automated market maker (AMM) protocol, has released its mainnet beta which will allow bitcoiners to create their own liquidity pool and perform trustless swaps on the Liquid Network, per a press release sent to Bitcoin Magazine. Image via press release Users looking to create their own liquidity pools need only connect the […]

Singapore’s Largest Bank Expands Bitcoin, Crypto Offering – Bitcoin Magazine

[ad_1] DBS Group Holdings expands bitcoin and crypto trading to 100,000 of its wealthiest clients. The bank requires capital requirements and a minimum investment of $500. The expansion follows the central bank of Singapore’s release of a digital asset framework from earlier this month. DBS Group Holdings Ltd., Singapore’s largest bank, expanded its bitcoin and […]