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Luxury Hotel in Swiss Alps Accepting Crypto Payments

Source Node: https://beincrypto.com/luxury-hotel-in-swiss-alps-accepting-crypto-payments/
Time Stamp: August 27, 2021 10:35 AM - Modified On: August 27, 2021 - Published By:
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Republished By Plato

The Chedi Andermatt, a luxury hotel in the Swiss Alps, announced that guests can now use cryptocurrency to pay for their stay. Sponsored Sponsored Initially, the hotel will accept both Bitcoin and Ethereum, but will consider taking other cryptocurrencies in the future. Swiss crypto service provider Bitcoin Suisse, as well as payment-service provider Worldline, will facilitate the crypto payments for the hotel. Payments in cryptocurrency are immediately converted into Swiss francs upon confirmation, the hotel said. The resort initially considered taking cryptocurrencies as a payment option about four years ago. However,

Former SEC Chairman Says Crypto Fits Existing Legal Framework

Source Node: https://beincrypto.com/former-sec-chairman-crypto-fits-legal-framework/
Time Stamp: August 20, 2021 7:34 AM - Modified On: August 20, 2021 - Published By:
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According to a recent email exchange, ex-SEC Chairman Jay Clayton sees the existing U.S. regulations as a good model for crypto rules. Sponsored Sponsored Jay Clayton spent a few years as the chairman for the U.S. Securities and Exchange Commission, which Gary Gensler now heads. In light of the recent bipartisan bill passed by the Senate, crypto regulations are the industry’s hot topic.  If the wording in the bill is left as-is after its hearing in the House, this could mean a major disruption to the crypto space. When asked about

Individual Investors Responsible for Crypto Resurgence, Says Analyst

Source Node: https://beincrypto.com/individual-investors-responsible-for-crypto-resurgence-says-analyst/
Time Stamp: August 16, 2021 12:05 PM - Modified On: August 16, 2021 - Published By:
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The resurgence of cryptocurrencies like Bitcoin, Ether and Dogecoin in the past few weeks is largely due to renewed interest from individual retail investors.Sponsored Sponsored Bitcoin reached above $48,500 on August 14, the highest it has been since May 16. This price point means a gain of 290% year-on-year, which came to 644% for Ether and 1,431% for newly minted third place Cardano. Meanwhile, meme-crypto Dogecoin is up 9,157 year-on-year, according to CoinGecko data. However, behind the recent moves is a resurgence in interest from individual retail investors. According to

JP Morgan and Its Bitcoin Trading Service to Face Stiff Competition from Cryptocurrency Exchanges

Source Node: https://coinidol.com/jp-morgan-bitcoin-trading/
Time Stamp: August 10, 2021 6:28 AM - Modified On: August 10, 2021 - Published By:
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Aug 10, 2021 at 10:28 // News JP Morgan is finally offering bitcoin investment options to its customers after years of aversion to crypto investing, and is reportedly promoting its bitcoin product to its retail customers. However, the bank should be prepared for competition from cryptocurrency exchanges and similar banks. Sceptic becomes a believer After JP Morgan Chase discovered the potential of cryptocurrencies, the bank added Bitcoin to the list of assets its clients can invest in. Everything JP Morgan is doing now in regards to Bitcoin has proven to

Malaysia Launches Enforcement Action Against ‘Illegally Operating’ Binance

Source Node: https://decrypt.co/77233/malaysia-regulator-takes-enforcement-action-against-binance-for-illegal-operations
Time Stamp: July 30, 2021 6:59 AM - Modified On: July 30, 2021 - Published By:
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In brief Malaysia's financial services regulator has taken enforcement action against Binance. The Securities Commission has said Binance is still operating illegally despite being listed on an alert list since July 2020. The Malaysia Securities Commission (SC) has today taken enforcement action against Binance for allegedly operating illegally in the country. The SC claims the crypto exchange is operating illegally as a Digital Asset Exchange, without the requisite registration requirements found in Sections 7(1) and 34(1) of the Capital Markets and Services Act 2007.  “Accordingly, the SC has issued a public

Bitcoin: What’s the impact of Musk’s ‘but I don’t dump’ claims

Source Node: https://ambcrypto.com/bitcoin-whats-the-impact-of-musks-but-i-dont-dump-claims/
Time Stamp: July 22, 2021 9:30 AM - Modified On: July 22, 2021 - Published By:
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“If the price of Bitcoin goes down, I lose money. I might pump, but I don’t dump.” You might have, most definitely, stumbled upon this Elon Musk statement while scrolling through social media today. The market’s largest cryptocurrency witnessed mini-pumps in succession over the past 24 hours owing to Musk’s public appearance on “The B Word.” Riding on the back of Elon Musk’s claims, Bitcoin went on to cross the $32,500-mark. However, the same could not persist for long. Bitcoin pumped, but here’s what traders had to say Bitcoin was back

THORChain hit by another exploit; loses up to $7.6M

Source Node: https://ambcrypto.com/thorchain-hit-by-another-exploit-loses-up-to-7-6m/
Time Stamp: July 16, 2021 3:17 AM - Modified On: July 16, 2021 - Published By:
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With the emergence of cryptocurrencies, also came a corresponding rise in ransomware attacks. Several security loopholes in the cryptocurrency space in general, and smart contract platforms in particular, have come to light over the last few years. Once hailed as foolproof, blockchains have fallen fall prey to illicit activities, an assertion evidenced by the numerous scams and fraudulent activities that ensued. The latest to fall victim to the same is THORChain, a popular cross-chain decentralized exchange. It’s in the news today after an exploit drained millions of dollars from the

Motorcycle Maker Soriano Motori Partners with Coinbase to Accept Crypto Payments

Source Node: https://beincrypto.com/motorcycle-maker-soriano-motori-partners-with-coinbase-to-accept-crypto-payments/
Time Stamp: December 14, 2020 12:41 PM - Modified On: May 21, 2021 - Published By:
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Italian motorcycle company Soriano Motori will accept crypto payments for its bikes, becoming the first motorbike firm to do so. From flight tickets to real estate deals, cryptos are becoming more readily acceptable as payment means with companies looking to expand their revenue streams. Italian Bike Maker to Accept Bitcoin and Other Crypto “Coins” Soriano announced the acceptance of cryptocurrencies as a payment means for its motorbikes in a press release issued on Dec. 14. According to the press statement, customers can utilize Bitcoin (BTC) as well as crypto coins like Ether

Roger Ver Promotes Dash on Reddit

Source Node: https://beincrypto.com/roger-ver-promotes-dash-on-reddit/
Time Stamp: August 18, 2020 2:52 PM - Modified On: May 21, 2021 - Published By:
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In a somewhat surprising turn of events, Roger Ver, the co-founder of Bitcoin fork, Bitcoin Cash (BCH), today told users to buy DASH on Reddit. The statement came as a result of users requesting an Infrastructure Funding Plan (IFP) for BCH.  The Dash Twitter world was quick to point out Ver’s statement: As a founder of his own cryptocurrency, Ver does not often shill other coins, and his endorsement isn’t always a positive thing. Ver has been an outspoken critic of the parent Bitcoin chain for years, saying that Bitcoin