Financial services provider Square invests 50 Mio. USD in Bitcoin

After Microstrategy, another company is allocating part of its liquid assets to Bitcoin. The financial services and mobile payment company Square, headquartered in San Francisco, announced that it has purchased…

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InCore Bank cooperates with Kraken, one of the leading crypto exchanges worldwide

In line with its recently communicated strategy for digital assets, InCore Bank is now the first financial institution in Switzerland to offer banking services to Kraken clients. Zurich/Schlieren, 3 July…

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FED document discusses risks for commercial banks through CBDC’s

In a 32-page document entitled "Central Bank Digital Currency", the Federal Reserve Bank of Philadelphia examined the future of the monetary system in connection with digital central bank currencies (CBDCs).…

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Visa files patent application for digital currency on the Blockchain

The US company Visa has filed a patent application for its own digital currency based on blockchain technology. The application was already submitted to the US authorities in November 2018.…

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Shopify extends payment options for traders with crypto-currencies

The Canadian e-commerce platform Shopify has signed a cooperation agreement with CoinPayments, the leading provider of crypto-currency payments. The cooperation enables Shopify traders to be paid in crypto-currencies. Shopify is…

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JPMorgan Chase provides banking services for US crypto exchanges

The step of the major US bank JPMorgan Chase to accept two well-known crypto exchanges as customers with immediate effect could be followed by other institutions. It proves that the…

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