Bitcoin Magazine Week in Review

Bitcoin Magazine‘s Week in Review brings you the most critical, interesting and popular news stories affecting Bitcoin this week. Ohio made a big splash in the cryptocurrency community in November 2018 when Josh Mandel, the state treasurer at the time, announced a plan to allow businesses to settle their tax bills in bitcoin. However, we’ve…

Huobi Expands Services With Turkish Lira

Huobi, a prominent cryptocurrency exchange based in Singapore, has unveiled plans to increase the ease of access for individuals trading in the Turkish currency, the lira. The company announced this move via press release on October 18, 2019. It claims that its lira gateway will be the first of its kind for a global cryptocurrency…

BlockFi Introduces Institutional Services for Digital Assets

BlockFi, a nonbank lender of crypto assets, has announced that it’s opening a new platform for institutional investors. BlockFi Institutional Services is set “to give market-makers, funds, exchanges, and family offices access to enterprise-grade financing solutions for digital assets,” according to the company. Digital Assets Services for Institutional Investors The drive to serve cryptocurrency investors…

Cartoon: Retail Blues

Despite the promises that bitcoin will be used for everyday purchases, many businesses that were initially bullish have stopped accepting cryptocurrencies (e.g., Expedia). Instead, many think they can turn to “blockchain” to improve their own business systems (e.g., reducing credit card fees and managing loyalty programs). Further Reading: Op Ed: Is the Age of Bitcoin-Powered…