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PayPal CEO Announces Plans for Cryptocurrency Business Expansion to Reach More Users

PayPal CEO Announces Plans for Cryptocurrency Business Expansion to Reach More Users

PayPal CEO discussed the integration of cryptocurrency into its business and potential business partnerships with central banks.

Tether Launches Stablecoin Backed by Offshore Chinese Yuan

Tether Launches Stablecoin Backed by Offshore Chinese Yuan

Reported in late August, Tether had made plans to add a new stablecoin pegged to the Chinese Yuan, named “CNHT.”

Russia Plans to Build AI Software to Remove the Anonymity of Users in Crypto Transactions

Russia Plans to Build AI Software to Remove the Anonymity of Users in Crypto Transactions

The Russian agency’s plan involves using artificial intelligence (AI) for its software, as the agency sees an “urgent need to create effective opportunities for state control over the circulation of virtual assets.”

SEC to Regulate Binance Chain With Blockchain Analytics Firm CipherTrace

SEC to Regulate Binance Chain With Blockchain Analytics Firm CipherTrace

The US Securities and Exchange Commission plans to award CipherTrace blockchain analytics firm with a contract pertaining to Binance Chain.

Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments

Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments

As per the US SEC filing announced on Monday, February 8, Tesla has invested $1.5 billion into Bitcoin and intends to accept the crypto payments.

Akon’s Plans for a Futuristic Crypto City in Senegal Progresses with a $6B Construction Contract

Akon’s Plans for a Futuristic Crypto City in Senegal Progresses with a $6B Construction Contract

American-Senegalese music icon Akon announced plans to build a cryptocurrency city that would revolutionize the developing economic landscape in Africa.

Dave Portnoy Offers to be The Savior of Bitcoin and Chainlink (LINK), Angering Crypto Twitter

Dave Portnoy Offers to be The Savior of Bitcoin and Chainlink (LINK), Angering Crypto Twitter

After declaring that he may be quitting crypto trading altogether, Dave Portnoy is now hinting that he will “save Bitcoin and crypto.”

European Central Bank Plans to Take the Lead on Stablecoins

European Central Bank Plans to Take the Lead on Stablecoins

European Central Bank President Christine Lagarde has urged the ECB to take the lead regarding stablecoins, citing increased interests in the space from central banks in Britain, Canada, and China.

Bank of Thailand Projected to Go Forward with Central Bank Digital Currency Prototype

Bank of Thailand Projected to Go Forward with Central Bank Digital Currency Prototype

The Bank of Thailand (BOT) announced its plans for a Central Bank Digital Currency (CBDC) prototype to be in effect by 2021. The BOT plans to begin the production of their prototype for a CBDC next month.

India Plans to Ban Private Cryptos like Bitcoin in Favor of National Cryptocurrency

India Plans to Ban Private Cryptos like Bitcoin in Favor of National Cryptocurrency

India plans introducing a new bill to ban private cryptocurrencies as well as introduce a national digital currency.

PornVisory Plans Token Rewards for Porn Streaming

PornVisory Plans Token Rewards for Porn Streaming

PornVisory is an Italian based adult content streaming site modeling the Brave Browser's system by rewarding users with its own token (PVY) to reward users who view content and ads on the site while also promoting anonymity.

Tesla Shares Plummet as Bitcoin Sinks to $50,000

Tesla Shares Plummet as Bitcoin Sinks to $50,000

Tesla’s shares have plummeted by around 3.8%, following a massive sell-off wave that overtook tech stocks and the cryptocurrency market.

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