Bitcoin Cryptocurrency Blockchain Adoption ByteVault Banking CBDC Politics AI Cryptography Conference Culture Celebrities China Computer Books Currency

Looking for "Adoption"

Showing 11-20 of 56

johnd • Jun 4, 2024, 3:12 pm EDT

Australia Launches Its First Spot Bitcoin ETF

Australia is set to launch its first spot Bitcoin exchange-traded fund (ETF). Monochrome Asset Management is heading the project, offering the ETF as a regulated investment vehicle designed to provide investors direct exposure to Bitcoin. Bitcoin ETFs are a growing trend globally with other recent approvals in the EU and Hong Kong. Details of the New Bitcoin ETF The ETF, set to begin trading tomorrow, will be listed on Cboe, making it the first Australian exchange to host a Bitcoin ETF. Cboe is getting out ahead of the larger Australian Securities Exchange (ASX), which is also expected to approve its

2 minutes

johnd • May 24, 2024, 9:19 pm EDT

SEC Approves Spot Ether ETFs

The U.S. Securities and Exchange Commission (SEC) has approved the sale of spot Ether Exchange-Traded Funds (ETFs) in the United States, marking another significant milestone for the cryptocurrency industry. On May 23, 2024, the SEC granted approval to Nasdaq, CBOE, and NYSE to list ETFs tied to the price of ether, potentially setting the stage for these products to begin trading later this year. A Milestone Decision This approval follows the SEC’s earlier decision in January 2024 to approve Bitcoin ETFs and ETPs after a prolonged battle. The recent decision represents the SEC’s second major step regarding crypto Exchange-Traded Products,

3 minutes

carlp • May 23, 2024, 11:35 am EDT

Trump Campaign to Accept Cryptocurrency Donations

Donald Trump has become the first major party candidate to accept cryptocurrency donations for his 2024 presidential campaign. While other candidates like RFK Jr. and Vivek Ramaswamy have embraced crypto, Trump is the first major party candidate to do so, marking a significant shift in the political landscape. Crypto Becomes a Hot Topic in the 2024 Presidential Race Bitcoin and cryptocurrency have emerged as pivotal issues in the 2024 U.S. Presidential race. The current administration has taken a stringent stance against the industry, with efforts to label crypto users as criminals. Leading Democratic Senators, such as Elizabeth Warren, have openly

3 minutes

johnd • May 20, 2024, 10:32 am EDT

Oklahoma Becomes First U.S. State to Legally Protect the Right to Self-Custody Bitcoin

Oklahoma has made history by becoming the first U.S. state to legally protect its residents’ right to self-custody Bitcoin. Governor Kevin Stitt recently signed HB 3594 into law, marking a significant milestone for cryptocurrency users in the state. This new legislation empowers Oklahoma citizens to control their digital assets without state interference, reflecting a forward-thinking approach to Bitcoin and digital finance. Key Features of the Legislation The new law, effective November 1, ensures that residents of Oklahoma have the autonomy to hold, control, and use their digital assets freely. Here are the notable implementations: Widespread Legislative Support The bill, backed

3 minutes

arusso • Apr 25, 2024, 1:14 pm EDT

From Cash to Crypto: Australia’s Growing Bitcoin ATM Network

Australia now boasts over 1,000 active Bitcoin ATMs, ranking it third worldwide, following the U.S. and Canada in embracing the convenience of cryptocurrency transactions. A History of Crypto ATMs in Australia Australia’s market for cryptocurrency ATMs has been relatively dormant until a surge towards the end of 2022. The recent increase, driven largely by installations from private companies, including our own ByteFederal ATMs, indicates a significant shift. The growth is a testament to the burgeoning interest among Australians in cryptocurrencies as traditional fiat currencies begin to show limitations in today’s global economy. Bitcoin ATMs and a Decreasing Reliance on Cash

2 minutes

arusso • Apr 15, 2024, 11:37 am EDT

Hong Kong Approves First Spot Bitcoin ETF, Signaling Global Trend in Institutional Adoption

In a significant development for the cryptocurrency market, Hong Kong’s Securities and Futures Commission (SFC) has approved the city’s first spot Bitcoin exchange-traded fund (ETF). The approval comes just four months after the SFC received it’s first application for a spot Bitcoin ETF. This milestone, managed by China Asset Management (Hong Kong) in collaboration with OSL Digital Securities and BOC International Prudential Trusteeship, marks a major advancement in the accessibility of digital assets for institutional investors in Asia. The approval of these spot Bitcoin ETFs by the SFC not only underscores Hong Kong’s commitment to positioning itself as a leading

2 minutes

arusso • Apr 9, 2024, 2:45 pm EDT

Tokyo: Metaplanet Inc. Adopts Bitcoin as Core Treasury Asset

Metaplanet Inc., a public company listed on the Tokyo Stock Exchange under ticker TYO:3350, has announced a significant shift in its financial strategy by adopting Bitcoin as its core treasury asset. This strategy, involving an initial investment of JPY 1 billion in Bitcoin, is not just an exploration into digital assets but also a step towards integrating finance and innovation at a fundamental level. This decision positions Metaplanet Inc. as the first company in Asia to adopt a strategy similar to Microstrategy’s approach in the United States, emphasizing Bitcoin as a primary corporate asset. This initiative is especially important for

2 minutes

jennyl • Apr 3, 2024, 10:45 am EDT

Byte Federal Launches Point of Sale System for Merchants seeking to accept Bitcoin

Byte Federal, a leading company in the global financial technologies space, is proud to announce the official launch of its point of sale (POS) system, ByteConnect. This product launch marks a significant expansion of Byte Federal’s “fintech focused” services, showcasing a commitment to building a full suite of financial tools for economic freedom. Lennart Lopin, Byte Federal co-founder and CTO, expressed the vision behind the innovation: “Sound money is essential for creators and inventors, driving societal progress. We’re excited to introduce Bitcoin to the world, a significant innovation that fosters freedom and encourages creativity among global communities.” Lennart Lopin After a

2 minutes

carlp • Feb 19, 2024, 11:38 am EST

Florida Continues to Lead the Way in Legislative Cooperation

Florida’s Legislative Strides in Blockchain and Bitcoin: Pioneering a Crypto-Friendly Future Florida’s recent legislative session, heavily influenced by the efforts of the Florida Blockchain Business Association (FBBA) and key industry players including our own Byte Federal, Inc., has seen significant developments and wins for the bitcoin and blockchain ecosystem. These legislative moves position Florida as a frontrunner in the digital currency space, aligning with a global ecosystem that is increasingly embracing blockchain technology. Overview of Key Blockchain and Bitcoin Legislation The session’s highlight is the array of bills that reflect a keen interest in integrating blockchain technology and bitcoin into

3 minutes

carlp • Jan 30, 2024, 11:09 am EST

Big Tech Teams Up with Wall Street: Reverses Bitcoin Advertising Ban

Google’s recent update to its advertising guidelines, allowing Bitcoin Exchange-Traded Funds (ETFs) to market their products, marks a significant change in the company’s approach to cryptocurrency. However, this shift appears less about championing the broader bitcoin and crypto industries and more about aligning with the interests of major financial players. “It’s frustrating to have spent years being locked out of such a massive piece of the advertising game and now, just like that, ‘crypto trusts’ can advertise freely. The influence of lobbyists is remarkable.” Laurie Argall, Byte Federal, CMO For those of us in the Bitcoin ATM business, Google’s decision

2 minutes