conversion

Hong Kong’s Largest Virtual Bank Offers Crypto Conversion Services

April 15, 2023 Bitcoin.com

accounts

ZA Bank, Hong Kong’s biggest virtual-only lender, intends to expand its business into the region’s growing digital assets sector. The banking platform will offer crypto-to-fiat conversions and account services as the Chinese financial center is seeking to embrace the industry. ZA Bank to Provide Services to Crypto Exchanges Licensed in Hong Kong Hong Kong’s first […]

Read more

Circle’s USDC pulls ahead of Tether’s USDT in transaction volume — Visa

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

March 13, 2023 Bitcoin.com

asset

On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be noticeable following the announcement. CZ’s Decision to Convert $1 Billion BUSD Comes Amidst Troubles […]

Read more

Circle’s USDC pulls ahead of Tether’s USDT in transaction volume — Visa

FTX’s $5.5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT Holdings

January 19, 2023 Bitcoin.com

Assets

Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cryptocurrency assets, with 11 different digital currencies classified as “liquid assets.” However, two of the firm’s top cryptocurrency caches are not liquid as the company’s […]

Read more

Circle’s USDC pulls ahead of Tether’s USDT in transaction volume — Visa

Bitso Partners With Addem Capital to Provide Cryptocurrency Investment Instruments in Latam

June 7, 2022 Bitcoin.com

Addem Capital

Bitso, the Mexico-based cryptocurrency exchange, has announced a new partnership with Addem Capital, a debt fund that provides startups and other companies with financing options. The cryptocurrency exchange will process payments for the fund and provide conversion functions, allowing it to accept cryptocurrency as part of its payment options. Bitso Partners Addem Capital to Allow […]

Read more

Circle’s USDC pulls ahead of Tether’s USDT in transaction volume — Visa

Major League Soccer Star Kieran Gibbs Reveals Plans to Convert 50% of His Salary Into Bitcoin

November 24, 2021 Bitcoin.com

aaron rodgers

The Inter-Miami CF (IMCF) Major League Soccer (MLS) star Kieran Gibbs has announced the player plans to convert half of his salary into bitcoin. Gibbs will leverage the crypto finance firm XBTO in order to convert his salary and avoid heavy fees. Inter-Miami CF’s Left-Back Kieran Gibbs to Get Half of His Earnings Converted to […]

Read more

Circle’s USDC pulls ahead of Tether’s USDT in transaction volume — Visa

Slovenia Prepares to Impose 10% Tax on Spending and Selling Cryptocurrency

August 31, 2021 Bitcoin.com

amendments

The tax authority of Slovenia has put forward a proposal to change the crypto taxation rules in the country, local media reported. The amendments aim to introduce a 10% tax rate for transactions involving the spending or converting of cryptocurrencies into fiat money. Tax Office Wants to Simplify Crypto Taxation in Slovenia The Financial Administration […]

Read more

Circle’s USDC pulls ahead of Tether’s USDT in transaction volume — Visa