Plan ₿ Foundation, a joint initiative between the Swiss City of Lugano and USDT stablecoin issuer Tether, announced a collaboration with payment facilitator GoCrypto to officially bring Bitcoin (BTC), Tether (USDT), and LVGA payments to Lugano – enabling citizens to use their wallets at McDonald’s and other merchants. Per a press release shared with Cryptonews.com, as of Tuesday,… Read More:…
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The global fast food chain is among the first to participate in a crypto-friendly experiment in the town of Lugano. Multinational fast food chain McDonald’s started to accept Bitcoin (BTC) as a payment method in the 63,000-populated city of Lugano in Italian Switzerland, which is becoming a hotspot for crypto adoption in Western Europe. A…
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While the U.S. dollar has soared in value against a basket of worldwide fiat currencies, Russia’s ruble climbed 4.5% against the greenback this week. During the first week of September, Russia told the press China would pay for natural gas with rubles and yuan. Moreover, Switzerland’s imports of Russian gold reached a high not seen…
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BBVA, a private bank based in Spain, released an article that states Latam users are very interested in their crypto-powered solutions. The institution informed that close to 20% of the users of their New Gen accounts, which are available from Switzerland, are Colombians who are attracted by the crypto services offered by these accounts.
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Sygnum debuted cryptocurrency staking about two years ago with Tezos staking, eventually expanding the service to ICP and Et2. Cryptocurrency-friendly bank Sygnum Bank continues expanding its crypto services by launching support for Cardano (ADA) staking. Sygnum announced on Tuesday that the firm has expanded its bank-grade staking offering with Cardano, allowing clients to generate rewards…
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The latest troubles in the crypto space have allegedly led to an increased supply of second-hand luxury watches, according to a leading trading platform. As a result, prices of sought-after models by major brands like Rolex and Patek have dropped, the company revealed. Higher Supply After Crypto Crash Hurts Resale Prices of Top Watches From…
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Switzerland’s fifth-largest financial institution is set to develop an independent cryptocurrency trading and custody service for its clientele. Switzerland’s Post Office is set to onboard cryptocurrency trading through its banking arm PostFinance as user appetite for custody grows in the country. Some 2.6 million users that currently bank with PostFinance, the fifth largest bank in…
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Crypto trading is increasingly similar to the U.S. stock market of the late 1920s, the head of the Swiss financial watchdog has remarked. The high-ranking official believes that regulatory agencies around the world should do more to ensure investor protection. Swiss Financial Watchdog Executive Calls for More Regulations for ‘Abusive’ Crypto Market Governments are still…
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In a Cointelegraph video, the world’s elite and some crypto believers rub shoulders to share their views on crypto. Cointelegraph introduces “Crypto Street,” a series of spontaneous conversations with strangers on the street to educate, entertain and take a temperature check on the world’s relationship with crypto. The first episode comes from the gates of…
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Paolo Ardoino, chief technology officer of Bitfinex and Tether, made the case that Tether is a tool for human rights during the World Economic Forum in Davos, Switzerland. On a sun-splashed day in the Swiss Alps, the chief technology officer of Bitfinex and Tether, Paolo Ardoino, shed light on the Plan B Lugano strategy, Tether…
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