Frankfurt-based asset management company Union Investment is going to add Bitcoin to its various funds. Daniel Bathe, senior commodities portfolio manager, told Bloomberg that the allocation will be limited to 2%: We are considering …
MoreTag: Crypto adoption
Mexican retail giant Grupo Elektra will soon give Bitcoin a major adoption
According to a Twitter announcement made by owner Ricardo Salinas Pliego, Mexican retail and banking corporation Grupo Elektra will provide support for the Bitcoin Lightning network. According to the billionaire, …
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Could cryptocurrency replace the dollar in five years? Bankers say it could
Crypto adoption is no longer something that is expected to happen. It is already happening. A recent survey from Deloitte has shown some interesting findings. The survey polled professionals from …
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Luxury hotel in Swiss Alps accepts Bitcoin (BTC) and Ethereum (ETH) payments
The Chedi Andermatt will reportedly become the first Swiss hotel to accept digital assets as a payment method. Guests can now pay accommodation bills surpassing 200 CHF ($218) using bitcoin …
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Hollywood goes crypto: The Coppola family leads a project to decentralize film financing
Crypto adoption seems to be quickly expanding to the mainstream, and the film and entertainment sectors are taking notice. Per a report by IndieWire, the famous film family Coppola is leading a …
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The fan token of Paris Saint-Germain F.C. surges amid Messi transfer talks
The price of Paris Saint-Germain Fan Token has gone haywire amid media reports about the Lionel Messi transfer, even outperforming meme cryptocurrency Dogecoin. According to data provided by CoinMarketCap, the PSG …
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Dogecoin fan offers 10% discount on his house if buyer pays him in DOGE
An American from the state of Utah has joined the ranks of those who are selling their property for cryptocurrencies, according to local television station KUTV. Scott Paul’s offer comes with …
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Woori Financial Group to provide crypto custody services
One of the biggest financial institutions in South Korea – Woori Financial Group – will start offering crypto custody services to its clients. Its banking unit – Woori Bank – …
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The Fed’s digital dollar can bring millions into the digital economy
The Federal Reserve partnered with the MIT to research about establishing a digital dollar. The outcomes of the research to be revealed later this summer. The Digital Dollar Project, a …
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This VeChain partnership will enable VET holders to buy on Ebay, Amazon and others
The VeChain Foundation announces a partnership with Shopping.io, an international e-commerce platform that has been integrating crypto payments. From July 9th, consumers can use VET tokens to purchase at Amazon, eBay, Walmart, …
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