Gucci to Accept Crypto Payments in Retail Stores
High-end fashion house Gucci will begin accepting cryptocurrencies at some of its stores this month, including bitcoin, ether, dogecoin, and shiba inu. The company plans for all of its directly…
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Kazakhstan Amends Registration Rules for Cryptocurrency Miners
The government of Kazakhstan has revised the registration requirements for persons and companies involved in crypto mining. The updated regulations come amid an ongoing clampdown on the industry in the…
Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions
Bankoff, a platform offering virtual cards that could be topped up with cryptocurrency, has told customers its cards are no longer supported by payment systems Visa and Stripe. They allowed…
Lawmakers, SEC Commissioner Slam Chair Gensler for Focusing on Crypto Enforcement
Several U.S. lawmakers and a commissioner with the U.S. Securities and Exchange Commission (SEC) have voiced concerns about the securities regulator expanding its crypto enforcement unit. “The SEC is a…
Joe Rogan: Bitcoin Is Now a Viable Currency and the Government Is Freaking Out
Joe Rogan, the host of The Joe Rogan Experience, likens bitcoin to the early internet. Noting that now the cryptocurrency is “a viable form of currency” that “You can actually…
Billionaire Paul Tudor Jones: ‘It’s Hard Not to Want to Be Long Crypto’
Billionaire hedge fund manager Paul Tudor Jones expects crypto to have a bright future as the Fed hikes interest rates to fight inflation. The famed investor emphasized, “It’s hard not…
Pakistan Forms Committees to Decide Whether Crypto Should Be Legalized or Banned
The Pakistani government has formed three committees to decide whether to establish a legal framework for cryptocurrency or ban it. The committees will review all aspects of the cryptocurrency business…
Wisdomtree: Crypto Is a New Asset Class That People Can’t Ignore
An executive at Wisdomtree, an asset management firm with $78 billion under management, says that “Cryptocurrencies have firmly established themselves as a new asset class and it truly is something…
Tesla CEO Elon Musk Gives Investment Advice He Says ‘Will Serve You Well in the Long Term’
Tesla and Spacex CEO Elon Musk has shared his recommended investment strategy, which he believes “will serve you well in the long term.” Some people noted that Musk’s strategy is…
Uganda Central Bank Tells Licensed Entities to Stop Facilitating Crypto Transactions
The Ugandan central bank has warned licensed entities and the public against facilitating crypto-related transactions as well as the practice of converting cryptocurrency into mobile money and vice versa. The…
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