EU Member States Could Agree on a Unified Crypto Law by the End of June

EU Member States Could Agree on a Unified Crypto Law by the End of June

The European Union is close to coming up with an agreement to regulate cryptocurrencies amongst its 27 member states. Representatives are expected to meet on June 14th and June 30th. Issues yet to be resolved on cryptocurrencies include whether to include NFTs in the proposed rules, how to regulate stablecoins, the supervision of large crypto-asset…

Fashion Company Farfetch Joins Other Luxury Giants In Crypto Payment Adoption

Fashion Company Farfetch Joins Other Luxury Giants In Crypto Payment Adoption

Farfetch is the most recent premium fashion brand to experiment with digital currencies. Later this year, the luxury apparel business will begin taking bitcoin payments on its marketplace. The cryptocurrency payment feature will be tested at luxury boutiques across the European Union before being extended out to the United States, Europe, and the United Kingdom. Cryptocurrency…

Report: Decoding how global Bitcoin adoption can cross 10% by 2030

Report: Decoding how global Bitcoin adoption can cross 10% by 2030

The global adoption of Bitcoin is set to further increase tremendously by 2030 as per Blockware, an infrastructure provider for blockchain technologies. The prediction does not come off as surprising after the recent growth of cryptocurrencies. Meanwhile, experts believe businesses are gearing up for the influx of cryptocurrencies with the proposal of the Lummis- Gillibrand…

Investing in Bitcoin instead of PayPal a year ago could have saved your portfolio 160%

Investing in Bitcoin instead of PayPal a year ago could have saved your portfolio 160%

PayPal (NASDAQ: PYPL) announced on June 7 that its customers would now be able to move cryptocurrencies from their accounts to other wallets and exchanges in response to consumer demand for this functionality. Despite the attention this put back on the company this week in terms of return on investment (ROI), the PYPL stock still finds itself being outperformed by…

Study reveals 30% of billionaires have direct or indirect investments in crypto

Study reveals 30% of billionaires have direct or indirect investments in crypto

As the adoption of cryptocurrencies as a valid alternative to traditional assets continues around the world, some groups are adopting them faster than others, and one study has revealed that billionaires are leading the way. Specifically, a survey of 65 of the world’s wealthiest people has found that almost 30% of them have either direct or indirect…

Report: ‘Digital currency will become legal tender in the next…’

Report: ‘Digital currency will become legal tender in the next…’

Crypto adoption across the world is growing at a much faster pace. New data suggested four in five American retail organizations are expecting digital currency payments in the next five years. They also believe suppliers will accept payments in both stablecoins and cryptocurrencies. There is an overall high expectancy for the crypto influx in American…