China issues a public reminder that cryptocurrencies are not legal tender
A public reminder that Bitcoin (BTC) and other virtual currencies “are not legal tender and have no actual value” has apparently been issued by China, as part of a stepped-up crackdown on cryptocurrencies. Yin Youping, deputy head of the People’s Bank of China’s (PBOC) Financial Consumer Rights Protection Bureau, stated in a local media briefing […]
Chedi Andermatt hotel now accepts crypto payments
The Chedi Andermatt hotel of the Swiss Alps is ready to take Bitcoin (BTC) and Ether (ETH) as payment from visitors after four years of debate. Rooms cost about 1,300 francs per night in high season, or around 0.03 BTC or 0.45 ETH. Guests at the Chedi Andermatt hotel can now pay bills of more […]
Bitcoin ATM operators set up the CCC association
Major Bitcoin (BTC) ATM operators in the United States are banding together to form an organization known as the Cryptocurrency Compliance Cooperative (CCC), which will help combat illegal Bitcoin ATM activities. The Cryptocurrency Compliance Cooperative (CCC), a new organization founded by Bitcoin ATM providers DigitalMint and Coinsource , aims to develop compliance guidelines for the […]
Binance stops futures trading for Brazillian clients
Binance has announced that trading of futures contracts on its Brazilian platform would be suspended as of Friday in order to comply with local legislation. The news comes after the country announced the need to regulate cryptocurrencies. According to a Binance representative, the decision is based on an order from Brazilian regulators. “Binance put limits […]
Lattice Exchange provides a platform for finding undiscovered cryptocurrencies
Cryptocurrency investors are always on the lookout for the next low-cap jewel to invest in, Lattice has developed a new platform that could provide investors with an early look at up-and-coming projects in the future. With the debut of a new product, Lattice Exchange , an automated market maker for the DeFi market, aims to […]