Hyosung America launches Bitcoin-buying app for 175,000 ATMs
With the help of a collaboration agreement it has struck with cash-to-crypto supplier DigitalMint, Hyosung America’s 175,000 U.S.-based ATMs can now accept Bitcoin (BTC). In accordance with the agreement, which was made public on July 12, Hyosung America will incorporate DigitalMint’s cryptocurrency purchasing options into its forthcoming API-based app store that is being developed for […]
Mastercard collaborates with Indonesian crypto gateway
According to Navin Jain, an executive of Mastercard Indonesia, Mastercard would aid Fasset in its initiatives to promote financial inclusion in the nation. Mastercard, a provider of financial services, has teamed up with Fasset, a developer of crypto gateways, to jointly create digital solutions that could accelerate adoption in Indonesia. The partnership seeks to increase […]
Binance burns $444M more in BNB
The periodic burning of BNB by Binance is a purportedly deflationary technique that the exchange utilizes to lower the overall quantity of its coins and increase demand for them. Binance, a cryptocurrency exchange, has revealed that the 20th quarterly burn of its native coin, BNB, has been successfully completed. According to a statement on the […]
South Africa plans to regulate cryptocurrencies as financial assets
The central bank of South Africa wants to implement regulations on the sector and control cryptocurrencies as financial assets within the next 12 months. Deputy Governor of the South Africa Reserve Bank (SARB), Kuben Naidoo, suggested that bitcoin and other cryptocurrencies have several benefits for the financial system. However, he asserted that the sector is […]
Survey finds strong crypto use and penetration in Saudi Arabia
According to a recent KuCoin report, Saudi Arabia is a sizable market for digital currencies due to the nation’s good legal environment, huge user base, and rising interest in cryptocurrencies. Saudi Arabia is a significant market for digital currencies due to the strong penetration and adoption of cryptocurrencies there, showing the MENA region’s potential for […]