The Cryptocurrency Informer
Crypto Adoption Week: Paypal, NYS, Venezuela, Lichtenstein, and...Slurpees.
This week was filled with crypto adoption related news. Online payment juggernauts PayPal and Venmo are potentially dipping their toes into the world of crypto trading, New York is easing crypto restrictions, Venezuela may…or may not have… briefly accepted crypto for passport applicants, private banks are adopting a stablecoin for foreign currency transfers, and perhaps most importantly…it’s going to be a lot easier to buy crypto along with your Slurpee!
More information on each of these topics can be found below.
PayPal and Venmo: Crypto Trading?
CoinDesk Report: PayPal, Venmo to Roll Out Crypto Buying and Selling: Sources
NYS Easing Restrictions
DFS Press Release: DFS Superintendent Lacewell Launches Series Of Virtual Currency Initiatives
Venezuela Briefly Tests Bitcoin Payments
Decrypt Report: Venezuela tests Bitcoin payments for some passports
Reddit Thread: Venezuela government is officially taking bitcoin as payment for passports.
Bank Frick Adds USDC Support
Press Release: Bank Frick adds first stablecoin to its range of tradable and custodial crypto assets with USDC
Bitcoin and Slurprees!
PR Newswire: Bitcoin on Every Block: Use cash to purchase bitcoin with LibertyX at 20,000 retail locations, including major convenience store and pharmacy chains
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