Argentine e-commerce corporation Mercado Libre has bought $7.8 million worth of bitcoin, as revealed in the firm's Q1 earnings results.
Mercado Libre is Latin America's most popular e-commerce platform, counting more than 170 million users in 2016. The decision to buy bitcoin was made in
South Korean-Japanese game publisher Nexon has become the latest publicly traded company to add Bitcoin to its balance sheet.
As the firm announced on Wednesday, it has bought $100 million worth of bitcoin, which represents less than 2% of its total cash and cash equivalents. This makes Nexon the first
Kazakhstan's central bank is considering the issuance of a central bank digital currency (CBDC).
A report published by the National Bank of Kazakhstan on Wednesday outlines plans to launch a pilot project for a digital tenge. The pilot would see a two-tier structure, with the National Bank as
Kazakhstan's central bank is considering the issuance of a central bank digital currency (CBDC).
A report published by the National Bank of Kazakhstan on Wednesday outlines plans to launch a pilot project for a digital tenge. The pilot would see a two-tier structure, with the National Bank as
Argentine e-commerce corporation Mercado Libre has bought $7.8 million worth of bitcoin, as revealed in the firm's Q1 earnings results.
Mercado Libre is Latin America's most popular e-commerce platform, counting more than 170 million users in 2016. The decision to buy bitcoin was made in
South Korean-Japanese game publisher Nexon has become the latest publicly traded company to add Bitcoin to its balance sheet.
As the firm announced on Wednesday, it has bought $100 million worth of bitcoin, which represents less than 2% of its total cash and cash equivalents. This makes Nexon the first
Tesla has sold $272 million worth of bitcoin, amounting to 10% of its previous $1.5 billion bitcoin purchase announced in February.
This leaves the car manufacturer with $1.331 billion worth of bitcoin on its balance sheet, according to the firm's Q1 shareholder update. The sale had
By banning its customers from buying and holding MicroStrategy and Coinbase stock due to their indirect connection to "virtual currency products," HSBC made clear last week that it has no interest in participating in the accelerated demand for Bitcoin — and by extension, neither can the customers of Europe&
Industry insiders are calling it "Bloody Sunday". Over the weekend, the price of bitcoin lost 12% of its value, dropping from $61,300 to a low of just over $53,800 within 24 hours, and many are speculating about the causes behind such a selloff.
Among the theories
China's unclear stance on Bitcoin has dictated the last few years for local Bitcoin firms and holders, but now the country's central bank seems to be shifting its tone.
At a CNBC-hosted panel at the Boao Forum for Asia in Beijing on Sunday, Li Bo, deputy
On Friday, the Turkish central bank introduced a ban on performing payments with cryptocurrencies, citing several concerns such as their possible use for illegal activities. The ban will go into effect on April 30th.
The Turkish lira has hit record lows in purchasing power over the past months, putting pressure
