Facebook Working on Cryptocurrency for Money Transfers on WhatsApp

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Facebook may be jumping on the blockchain bandwagon, too. “Like many other companies, Facebook is exploring ways to leverage the power of blockchain technology,” a company spokesman said in a statement, as quoted by Bloomberg. “This new small team is exploring many different applications.” Facebook Plans to Build a Cryptocurrency to Transfer Money on WhatsApp … Continue reading “Facebook Working on Cryptocurrency for Money Transfers on WhatsApp”

SEC Commissioner Kara Stein Offers Suggestions for Bitcoin ETF Applicants

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U.S. attorney Kara Stein, commissioner of the Securities Exchange Commission (SEC), spoke with Bloomberg via satellite on Monday. They discussed several topics, including the current state of crypto regulation. Stein’s 5-year tenure is nearly at an end, as she’ll step down in December.  Though her responses about crypto were not entirely specific, they reflected the … Continue reading “SEC Commissioner Kara Stein Offers Suggestions for Bitcoin ETF Applicants”

Cryptocurrency Acceptance Growing Fast

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Granted, there is some controversy and challenges with the use of cryptocurrency, but many business owners are quickly embracing it for several reasons. One, transactions can process quickly. In fact, transactions happen in real time, or within a few minutes, and sometimes in a few seconds. High transaction speeds are an added bonus. Businesses can … Continue reading “Cryptocurrency Acceptance Growing Fast”