New York Mayor criticizes state BitLicense scheme

During an interview session at a London crypto conference, Mayor Eric Adams of New York City has criticized his state’s BitLicensing system, alleging that it stifles innovation and economic progress. Adams advised his state legislature peers in Albany “listen to those who are in the field” in a closing keynote interview at the Crypto and […]
Mexico installs Bitcoin ATM in Senate Building

Senator and crypto proponent Indira Kempis in conjunction with ChainBytes has helped to install the first Bitcoin ATM in Mexico’s Senate building in a bid to make the largest cryptocurrency legal tender. The ATM was installed on Tuesday with the help of many MPs, including Miguel Angel Mancera, the chairman of the Party of the […]
BlackRock launches blockchain-based Exchange-traded fund (ETF)

BlackRock, the world’s largest asset manager has launched a blockchain-based exchange-traded fund (ETF) that allows investors to gain exposure to the crypto and blockchain industries. The Blockchain and Tech ETF (IBLC) was added to the iShares product line on Wednesday by the world’s largest asset manager , which presently manages around $10 trillion in assets. […]
PayPal is reportedly shutting down its office in San Francisco

PayPal, a major US payment processor, according to a report is apparently closing its San Francisco office, however, staff will be able to work from the company’s headquarters in San Jose. According to a story published by TechCrunch on Wednesday, the payments company’s Xoom business, which provides international digital money transfer services, may close its […]