Hashtag: #Cryptocurrency

CrossTower Launches ‘G-Coin Digital Gold’

CrossTower Launches ‘G-Coin Digital Gold’

CrossTower Inc — a crypto and digital asset exchange which has offices in the US, Bermuda, and India — has introduced the G-Coin digital gold token for its U.S. customers. A spokesperson said, ” Unlike cryptocurrencies, the G-Coin token is a digital title of ownership to 99.99% pure physical gold that is stored in secured vaults. All... Read more of this article

Premier On FinTech, Economic Growth, More

Premier On FinTech, Economic Growth, More

“Bermuda is gaining momentum,” said Premier David Burt as he outlined the activity in Bermuda’s fintech sector, with the Government noting that the Premier is in Switzerland this week following an “invitation to attend the Crypto Finance Conference to further promote Bermuda’s digital asset business sector.” The Premier... Read more of this article

Circle CEO Testifies Before US Congress

Circle CEO Testifies Before US Congress

Circle Co-founder, Chairman, and CEO Jeremy Allaire spoke to the U.S. Congress on how to “advance U.S. policy, regulations and leadership in the emerging digital assets and crypto-economy.”Jeremy Allaire’s written statement: Chairwoman Waters, Ranking Member McHenry and Members of the House Financial Services Committee, thank you... Read more of this article

US Court Orders BitMEX To Pay $100 Million

US Court Orders BitMEX To Pay $100 Million

[Updated] The U.S. CFTC announced that the “U.S. District Court for the Southern District of New York entered a consent order against five companies charged with operating the BitMEX cryptocurrency derivatives trading platform,” with the order requiring the “BitMEX entities to pay a $100 million civil monetary penalty.” The CFTC... Read more of this article

Circle Announces Launch Of Circle Yield

Circle Announces Launch Of Circle Yield

Circle announced the launch of Circle Yield, a “crypto yield and treasury solution for enterprises and corporate treasury leaders.” A spokesperson said, “Circle, a global financial technology firm, today announces the launch of the well regulated crypto yield and treasury solution for enterprises and corporate treasury leaders, Circle... Read more of this article

24 Exchange Wins Bitcoin Pitch Day Contest

24 Exchange Wins Bitcoin Pitch Day Contest

24 Exchange Bermuda Ltd won the Pitch Day competition during Whale Day at Bitcoin 2021, billed as the “largest bitcoin conference in history with 12,000 attendees converging on Miami for the showcase event.” A spokesperson said, “24 Exchange was selected as one of 12 finalists from more than 140 applicants as a showcase for the next... Read more of this article

Stonberg Appointed Interim CEO Of Bittrex Global

Stonberg Appointed Interim CEO Of Bittrex Global

The Boards of Directors of Bittrex Global announced the appointment of Stephen Stonberg as the interim CEO. A spokesperson said, “The Boards of Directors of Bittrex Global GmbH [Vaduz, Liechtenstein] and Bittrex Global [Bermuda] Ltd [Hamilton, Bermuda] have confirmed that Tom Albright is stepping down from his role as CEO of both companies effective... Read more of this article

XBTO Donate $50,000 To Vaccination Clinic

XBTO Donate $50,000 To Vaccination Clinic

XBTO International donated $50,000 to support the Bermuda Hospitals Board’s Covid-19 Vaccination Clinic, saying they are “delighted to be able to make a difference in the national fight against Covid-19.” A spokesperson said, “XBTO International, a world leader in cryptofinance, have donated $50,000 today towards the cost of running... Read more of this article

Video: Bloomberg TV Interviews Premier Burt

Video: Bloomberg TV Interviews Premier Burt

Bloomberg TV recently interviewed Premier David Burt about digital assets, with the Premier telling Bloomberg that “our fintech strategy has been on focusing on the things that will matter.” Bloomberg TV tweeted the video below saying, “Cryptocurrency may not be the first thing you think of when it comes to Bermuda, but it is a ‘test... Read more of this article

Gosling’s Pilot Project To Accept Digital Dollars

Gosling’s Pilot Project To Accept Digital Dollars

To celebrate the opening of their renovated flagship retail location on the corner of Front and Queen Streets, Gosling’s Limited has “entered into a pilot project with Canadian FinTech company Bidali to accept digital Bermuda Dollars for payments.” A spokesperson said, “With support from the Bermuda Government’s Office of Fintech... Read more of this article

Diamond Standard Launch Coin Offering

Diamond Standard Launch Coin Offering

Diamond Standard announced that they have commenced sales of the Diamond Standard Coin, the “first and only regulator-approved diamond commodity.” “Enabling the offering, Diamond Standard announces the issuance of a regulatory license from the Bermuda Monetary Authority, and a $15-million investment round led by Horizon Kinetics,”... Read more of this article

Audio: Premier David Burt On CoinDesk Podcast

Audio: Premier David Burt On CoinDesk Podcast

Premier David Burt was featured on a recent episode of CoinDesk’s Money Reimagined podcast series, with the media outlet saying the episode discusses stablecoins and plans to “launch a communally owned national digital bank.”The website said, “In this episode, Michael J. Casey and Sheila Warren of the World Economic Forum are... Read more of this article

Bittrex List Stocks Delisted From Robinhood

Bittrex List Stocks Delisted From Robinhood

Bittrex Global [Bermuda] Ltd. announced that it has listed tokenized stocks for GameStop and AMC Entertainment as well as Nokia, BlackBerry, and iShares Silver Trust. “Bittrex Global will continue to list additional stocks as other firms announce a delisting from their platforms,” the company said. ”This decision is motivated to... Read more of this article