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Apr 26, 2025 05:50

Top 6 Companies Dominate 88% of Tokenized Treasury Issuance, Including BlackRock

BlackRock and 5 other entities have launched 88 tokenized treasuries on the market. This move aims to revolutionize the way traditional assets are managed and traded on the blockchain. The tokenization of treasuries allows for greater liquidity, transparency, and accessibility for investors worldwide. By offering tokenized treasuries, these entities are opening up new opportunities for [...]

The post Top 6 Companies Dominate 88% of Tokenized Treasury Issuance, Including BlackRock appeared first on Crypto Breaking News.

Apr 15, 2025 05:50

4/14 Price Analysis: Top Cryptocurrencies Including SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LEO

In today’s market, we explore the price movement of various assets such as BTC, ETH, XRP, BNB, SOL, DOGE, ADA, and LEO, along with SPX and DXY. Understanding the price analysis of these assets is crucial for investors and traders to make informed decisions. The SPX, also known as the S&P 500 index, has shown [...]

The post 4/14 Price Analysis: Top Cryptocurrencies Including SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LEO appeared first on Crypto Breaking News.

Crypto in everyday life including travel documentation and visas

Author: noreply@blogger.com (Unknown)
United States
Oct 06, 2022 11:15

Crypto in everyday life including travel documentation and visas

The global financial crisis in the past year or so has resulted in a spike in crypto adoption around the world. Cryptocurrencies have shown great potential of being an effective solution for inflation despite the effects of the current macro environment.

More and more people ranging from financial novices to professionals and institutions have jumped onto the crypto bandwagon over the past few years.

Crypto in most facets of everyday life

A few years ago, it would be laughable to imagine a world where different cryptocurrency platforms would become household names. But all that has changed and crypto platforms especially crypto exchanges are increasingly partnering with popular brands around the world. An example is Crypto.com which had the famous home of the Los Angeles Lakers renamed to “Crypto.com Arena” before later being named the Official Sponsor of FIFA World Cup Qatar 2022.

Cryptocurrencies are also increasingly becoming a valid medium of paying for goods and services. Crypto service providers have started offering debit/credit cards in partnership with Visa and MasterCard thus allowing users to use their cryptocurrency holdings in paying for everyday items.

Retail shops and service providers are also started accepting cryptocurrency payments solidifying cryptocurrencies as a valid form of currency.

Crypto in the food and beverage industry

For example, in the UAE, food and beverage giant 7 Management has made it possible for customers to pay with crypto at all of their locations throughout the country. It currently accepts payment with major cryptocurrencies like Bitcoin, Litecoin, BitcoinCash and Ethereum, although it will most likely expand the list in future.

Countries like Australia and the USA have also seen coffee shops and cafés accept cryptocurrency as payment besides accepting mainstream payment methods, such as cash, debit cards, and credit cards like Visa or Mastercard. Some even employ the concept of cryptocurrency as inspiration for their Menu.

Crypto Coffee, a local café in Brisbane, Australia, for example, derives the names of their menu items from different crypto coins. Its menu features items like the BTC Chipotle Chicken Toastie and Doge BLT. 

Crypto in the travel industry

The travel industry is one of the industries that has benefitted most from crypto payments with many travel companies and agencies now accepting the use of cryptocurrencies as a method of payment while travelling in certain countries.

Earlier this year, 1inch Network announced a partnership with the famous Binance-backed online travel agency Travala.com. Travala has been at the forefront of accepting crypto payments with the latest being the acceptance of Shiba Inu (SHIB). The collaboration is a huge step towards boosting crypto use in the travel industry since travellers can now book with different types of cryptocurrencies. Travala.com joined Destinia, which is another widely known booking service that has been accepting BTC payments since 2014.

With the growth of digital nomads and the reopening of borders now that the brunt of the pandemic has passed, there have been a lot more open discussions about the future of travel in general. However, the economic meltdown that has majorly affected the tourism and travel industry has most countries looking for new and innovative ways of inspiring tourism and spending.

Crypto in travel documentation and visas

While using cryptocurrencies when travelling has become more mainstream in the past few years, travel documentation still has a long way to go in fully adopting the use of cryptocurrencies as proof of income.

Currently, the UK government states clearly that Bitcoin is not an accepted form of currency when it comes to proof of income. In the US, although some financial sectors are slowly beginning to allow virtual currency as proof of income, crypto acceptance in applying for visas or ESTAs is a bit slow. In Schengen countries, the general consensus is that currently, only fiat bank statements are reliable proof of income. 

A representative of the European Commission, Laura Bernard, confirmed that traditional bank statements were still necessary, but added that since visas are processed on a case-by-case basis, that there truly wasn’t a rule that fits every single person’s situation. This implies that virtual assets might be useful in grasping the full picture.

Marc Piercey, one of the heads of the New Zealand Immigration Department, recently mentioned that there is technically no actual ban on using cryptocurrency as fiducial proof, but did indeed say that ultimately it is easier for visa applications to use fiat-oriented methods of proof.

In general travel documentation and visas still have a long way to go when it comes to the acceptance of cryptocurrencies.

The post Crypto in everyday life including travel documentation and visas appeared first on Invezz.



from Cryptocurrency – Invezz

Huobi to delist 7 privacy coins including Monero and Zcash

Author: noreply@blogger.com (Unknown)
United States
Sep 13, 2022 11:10

Huobi to delist 7 privacy coins including Monero and Zcash

Global crypto exchange Huobi Global (HT/USD) has announced its delisting of several privacy coins, some of them very popular and widely adopted across the ecosystem, according to the latest in crypto news from the company .

As the exchange notes in an announcement published Monday, the decision to delist the tokens is pegged on increasing regulatory spotlight on these types of cryptocurrencies.

Trading and deposits halted

Huobi says the step is “in compliance with the latest financial regulations” and as outlined in the exchange’s Token Management rules.

Delisted coins are: Monero (XMR), Zcash (ZEC), Dash (DASH), Decred (DCR), Firo (FIRO), Verge (XVG), and Horizen (ZEN).

Trading for the affected coins was terminated on 6 September, as are futures, margin, OTC, and ETP services. Deposit services ended on Monday, according to the notice the crypto platform addressed to customers. What follows will be the tokens’ removal from the platform, which is set for 19 September 2022 at 08:00 (UTC).

However, while deposits have been halted, the withdrawal service is on and will continue. However, customers have been advised to cancel open orders for the privacy coins.

If users fail to cancel such open orders, Huobi will do so at the stated time of delisting – all Monero, Dash, Zcash, Decred, Firo, Verge , and Horizen tokens in cancelled orders will be credited to users’ spot accounts.

Huobi, which has plans to expand across the US market, is taking the move a few weeks after US Treasury sanctioned crypto mixing service Tornado Cash.As Invezz previously reported, Kraken CEO Jesse Powell termed the sanction as “unconstitutional”, while a lawsuit challenging the action has garnered support from Coinbase.

The post Huobi to delist 7 privacy coins including Monero and Zcash appeared first on Invezz.



from Cryptocurrency – Invezz

Feb 20, 2025 05:50

Court rules on $1B in forfeited assets from SBF, including private jets and political donations

The founder of cryptocurrency trading firm FTX, Sam Bankman-Fried (SBF), has recently made headlines due to the forfeiture of over $1 billion in assets. These assets include luxury items such as private jets and hefty political donations. The court decision to seize these assets was part of a wider investigation into possible regulatory violations. SBF’s [...]

The post Court rules on $1B in forfeited assets from SBF, including private jets and political donations appeared first on Crypto Breaking News.

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