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March, 2022

  • 29 March

    Mastercard and BTC Markets Enter Into Partnership To Aid Crypto Payment


    Australia-based crypto exchange BTC Markets is collaborating with global payment service Mastercard to allow customers purchase crypto assets from its platform using credit cards. Partnerships between credit card providers and crypto platforms have been on the rise in recent months. In November 2021, Newsbsc reported a similar pact between Mastercard …

  • 29 March

    Russia Wants To Legalize Crypto Mining ‘as soon as possible’


    Russia’s Deputy Minister of Energy Evgeny Grabchak is calling for the legal restrictions on the country’s crypto industry to be lifted following the recent moves by Russian officials to support cryptocurrencies. While addressing the audience at the national conference of legal crypto miners in Irkutsk on Saturday, Grabchak clamored for …

  • 24 March

    World’s Biggest Hedge Fund Set to Add Crypto After Founder Calls Bitcoin ‘One Hell of an Invention’


    The world’s biggest hedge fund, BridgeWater Associates, is reportedly taking stakes in gaining more exposure to cryptocurrencies. This follows months after its billionaire founder Ray Dalio revealed that he owns Bitcoin. Reports by multiple trusted sources confirm that Bridgewater Associates intends to support a crypto fund rather than directly invest …

  • 24 March

    ‘I Bleed for My Money’: Top UFC Star Matheus Nicolau is Getting Paid in Bitcoin to Fight Inflation


    One of the world’s top-ranked UFC fighters is announcing his decision to get paid in Bitcoin — becoming the first Latin American athlete to receive his earnings in the flagship crypto. Matheus Nicolau – who is currently #7 in the UFC flyweight rankings – his decision has been driven by …

  • 23 March

    Embarrassing stats for El Salvador on Bitcoin Usage

    El Salvador

    Studies have shown that just 3.6% of Salvadoran businesses agree that Bitcoin has caused an increase in sales since it became a legal tender six months ago. Following reports from the Chamber of Commerce in El Salvador, only 13.9% of companies have completed a BTC transaction since last September.  Overall, …

  • 20 March

    Kazakhstan Government cracks down on Crypto Miners

    Crypto miners

    The government of Kazakhstan is shutting down crypto mining facilities across the country, according to the country’s Financial Monitoring Agency. Dozens of crypto mining facilities have reported to have ceased operations, either by force or voluntarily. Following the announcement by the Financial Monitoring Agency, there appears to be a mass …

  • 20 March

    MicroStrategy CEO, Michael Saylor warns the EU against banning Bitcoin

    Microstrategy Ceo

     Chief executive officer of business intelligence firm MicroStrategy, Micheal Saylor, has given his insights on the most recent version of the European Union cryptocurrency bill, which aims at limiting the use of proof-of-work consensus mechanism. Micheal Saylor further describes the initiative as “a trillion-dollar mistake,” which triggered other prospective members …

  • 8 March

    Shake Shack Burger Chain set to offer Bitcoin Rewards to Customers 


    The Wall Street Journal reports that Shake Shack will begin to reward customers with Bitcoin with the hope that free cryptocurrency will further attract young diners to visit the burger chain more often.  According to the report in the newspaper, customers of Shake Shack will receive a 15% refund of …

  • 7 March

    Uproar as OpenSea Bans NFT Collectors in Iran 


    OpenSea, the world’s largest NFT marketplace, has announced a ban on Iranian users citing that the country is subject to U.S sanctions. However, the NFT enthusiasts and collectors are voicing their complaints as they were not given any form of notice about their restriction of access.  OpenSea, addressing the issue …

  • 7 March

    Swiss City Lugano introduces Bitcoin, Tether & LVGA as legal tender

    Legal tender

    The Swiss City of Lugano is joining the likes of El Salvador in declaring Bitcoin as a legal tender. Lugano also announced that the Swiss City will also be adopting Tether and LVGA as official currencies as they look to strengthen commitments with cryptocurrency and the blockchain. Following the announcement …