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Uber Won't Buy Bitcoin, But May Accept It As Payment
Uber Won't Buy Bitcoin, But May Accept It As Payment
News  •  Bitcoin  •  Feb 10, 2021 by Dariusz Z

Ridesharing market leader Uber may accept cryptocurrency payments, but does not intend to buy bitcoin with corporate money to hold in its treasury like electric vehicle manufacturer Tesla has. Uber CEO Dara Khosrowshahi said during an interview with CNBC on February 11th that the firm "quickly dismissed" the

Nigerian Central Bank Issues List of Reasons for Cryptocurrency Ban
Nigerian Central Bank Issues List of Reasons for Cryptocurrency Ban
News  •  Bitcoin  •  Feb 08, 2021 by Dariusz Z

The Central Bank of Nigeria (CBN) last week ordered banks to close the accounts of any entity using cryptocurrencies. Now, the institution justifies its actions with a list of reasons. According to a February 8th report by Nigerian news outlet The Nation, the local central bank’s acting director of

Bank of Canada: Bitcoin Is "Deeply Flawed" As Payment Method - "Except for Illicit Transactions"
Bank of Canada: Bitcoin Is "Deeply Flawed" As Payment Method - "Except for Illicit Transactions"

While a "digital loonie" is potentially on the horizon for Canada's central bank, Bitcoin very much is not, according to Bank of Canada's Deputy Governor Timothy Lane. In a speech delivered on February 10th, Lane addressed the concept of a central bank digital currency

News  •  Economy  •  Feb 10, 2021
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Bank of Canada: Bitcoin Is "Deeply Flawed" As Payment Method - "Except for Illicit Transactions"
Bank of Canada: Bitcoin Is "Deeply Flawed" As Payment Method - "Except for Illicit Transactions"

While a "digital loonie" is potentially on the horizon for Canada's central bank, Bitcoin very much is not, according to Bank of Canada's Deputy Governor Timothy Lane. In a speech delivered on February 10th, Lane addressed the concept of a central bank digital currency

News  •  Economy  •  Feb 10, 2021
Uber Won't Buy Bitcoin, But May Accept It As Payment
Uber Won't Buy Bitcoin, But May Accept It As Payment

Ridesharing market leader Uber may accept cryptocurrency payments, but does not intend to buy bitcoin with corporate money to hold in its treasury like electric vehicle manufacturer Tesla has. Uber CEO Dara Khosrowshahi said during an interview with CNBC on February 11th that the firm "quickly dismissed" the

News  •  Bitcoin  •  Feb 10, 2021
Nigerian Central Bank Issues List of Reasons for Cryptocurrency Ban
Nigerian Central Bank Issues List of Reasons for Cryptocurrency Ban

The Central Bank of Nigeria (CBN) last week ordered banks to close the accounts of any entity using cryptocurrencies. Now, the institution justifies its actions with a list of reasons. According to a February 8th report by Nigerian news outlet The Nation, the local central bank’s acting director of

News  •  Bitcoin  •  Feb 08, 2021
Death to Identity Taxes
Death to Identity Taxes

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

Opinion  •  Politics  •  Feb 08, 2021
Tesla Buys $1.5B Worth of Bitcoin
Tesla Buys $1.5B Worth of Bitcoin

The bitcoin price is surging higher today as Tesla, the world-famous electric vehicle manufacturer, has moved $1.5 billion from its cash position to bitcoin. According to SEC filings, the firm is buying bitcoin to provide "more flexibility to further diversify and maximize returns on our cash.” It was

News  •  Bitcoin  •  Feb 07, 2021
Bitcoin and Generational Wealth
Bitcoin and Generational Wealth

This article was originally published on Mimesis Capital's Medium account on December 17th, 2020, and has been edited in accordance with our editorial guidelines. The only question with wealth is, what do you do with it?– John D. Rockefeller The topic of wealth preservation has never been more

Opinion  •  Economy  •  Feb 07, 2021
Citi Maintains "Sell" Rating for MicroStrategy Shares After 150% Price Gain
Citi Maintains "Sell" Rating for MicroStrategy Shares After 150% Price Gain

While many within the Bitcoin space lauded MicroStrategy for its bold move into Bitcoin in 2020, an analyst at Citi was less impressed by the business intelligence firm's decision to make Bitcoin its primary treasury reserve asset. In early December, Citi's Tyler Radke expressed concerns over

News  •  Business  •  Feb 02, 2021
Visa Reveals API Pilot to Help Banks Buy Bitcoin
Visa Reveals API Pilot to Help Banks Buy Bitcoin

Visa has partnered with First Boulevard, a neobank focused on the financial empowerment of the United States black community, to conduct crypto asset application programming interface (API) tests. According to a February 3rd announcement, First Boulevard will be the first bank to have access to Visa's crypto API,

News  •  Bitcoin  •  Feb 02, 2021
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