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Northern Irish Capital, Belfast Introduces Bitcoin-Like Local Cryptocurrency

The city council of Belfast, Northern Ireland, has announced it is introducing a Bitcoin-like cryptocurrency for local goods and services. The technology is currently being trialled, during which the council hope to attract “an ecosystem of stakeholders.” ‘Belfast Coin’ Encourages Locals To Spend Locally ‘Belfast…

How to Create and Send Cryptocurrency Invoices

For many companies, entrepreneurs and freelancers working in the crypto industry, accounting is an essential part of their day-to-day business activities. A number of platforms now offer services tailored to meet those needs including features such as cryptocurrency invoicing. Also read: New Crypto-Friendly Banking and…

New Crypto-Friendly Banking and Payment Services Launch in the UK and Russia

Two companies from different parts of Europe have recently announced new products that cater to the financial needs of businesses in the crypto industry. The services range from opening bank accounts to providing payment processing solutions. Developers say they will give crypto companies the peace…

American Electronics Giant Avnet Now Accepts Bitcoin Cash Payments

Avnet (Nasdaq: AVT), a Phoenix, Arizona headquartered technology solutions company, has announced on Tuesday that it is now working with Bitpay to accept cryptocurrency payments for its products and services including bitcoin cash (BCH). Also Read: Bitmain Releases Miner 3x More Powerful Than Its Predecessor…

Online Bank Swissquote to Add Crypto Custodial Service

Lack of access to custodians that institutional investors know and trust is seen as a major hurdle for growing the sector. Thankfully, the demand has caused a flurry of companies to enter the business, with the latest being online bank Swissquote. Also Read: UK Regulator:…

Fidelity’s Cryptocurrency Arm Starts Offering Institutional Investor Services

Fidelity Investments’ new cryptocurrency arm is now up and running. The unit, Fidelity Digital Assets, began operations earlier this quarter but didn’t make any noise about it. It has already started offering trade execution and crypto custody services to institutional investors such as hedge funds…

DX.Exchange Adds Tokenized ETFs To Its Services

DX.Exchange that is based in Estonia is a digital trading platform that just recently added tokenized Exchange-Traded Funds (ETFs) as a part of their services according to a press release that we are presenting you in our crypto news today. This decision involves the tokenization…

Venezuelan Government Launches Crypto Remittance Service

The government of Venezuela has begun offering a cryptocurrency remittance service. Remittances can be sent using two types of cryptocurrency. The service was launched by the Superintendency of Cryptoassets and Related Activities, the country’s main crypto regulator, which has also set a monthly limit and…

America’s Signature Bank to Offer Services to Bermuda Crypto Companies

U.S. commercial bank Signature will start to offer a full range of banking services to licensed fintech companies in Bermuda, including those in the digital asset industry. The bank has reached an agreement with the government to provide the service, moving in to fill the…