PayPal’s Bitcoin trading services are now fully available in the United Kingdom after the global payment giant began rolling out services last month.
When we talk about the role of Bitcoin (BTC) or blockchain in business, we are talking about either business ventures building blockchain/cryptocurrency systems, products or infrastructure; or the integration and adoption of cryptocurrency in existing enterprises as a supported payment method.
Bitcoin and cryptocurrency businesses face incredible challenges on two fronts: regulation and adoption.
Over the years, many high-profile crypto businesses such as some of the leading exchanges have had to move operations across the country or to other countries entirely to avoid severely inhibiting regulatory constraints in certain jurisdictions.
At the same time, mainstream adoption by individuals and established businesses is a very steep uphill battle for entrepreneurs as they attempt to make crypto more accessible and compelling to enterprises and laypeople alike.
Stay tuned as we chronicle blockchain and cryptocurrency’s shifting role in the world of business.
The blockchain game developer is looking to improve cross-chain utilization of nonfungible token assets via its investment in Bondly.2498
South Korean crypto exchange Gopax has told users if it can’t resolve its banking difficulties before a looming regulatory deadline, it will need to shut down.2088
“Whoever he or she was, Bitcoin creates value, and especially the technology behind Bitcoin, blockchain, creates value,” said András Győrfi.9875
“Looking back on this in one year, two year, three years from now it could be a monumentally dumb decision but it also could be a great decision,” said Dan Markham.7687
The cinema operator has expanded its plans to accept crypto payments for movie tickets with the inclusion of Ether and Litecoin.19466
As onlookers predict that top Chinese property developer and commercial paper issuer Evergrande will default, some analysts believe the firm poses systemic risks to crypto.11620
Nafty has launched an erotic-themed NFT marketplace, while DeviantArt is tracking down art theft on NFT marketplaces, and the Rugby League World Cup is dropping NFT collectibles.5773
Anthony Scaramucci revealed that SkyBridge currently holds $700 million worth of cryptocurrency.9933
SolBlocks admits that while they did pirate the code, their NFTs are not copies of Tyler Hobbs’ “Fidenza” collection.5902
Crypto asset investing has become more popular with Aussie boomers, according to the country’s largest exchange.13072
If Coinbase gets approval from the National Futures Association, it will then need to register with the Commodity Futures Trading Commission to get the green light.4901
Prince Harry, singer-songwriter Billie Eilish, Olympian Simone Biles, and the Ethereum co-founder all made the cut.6495
Allegations of NFT insider trading have been confirmed by OpenSea, which issued a statement about its head of product lead.5487
Venture capital continues to flow into the crypto industry, with high-profile investors such as American Express taking part in the new economy.1539