The more than 800 Kwik Trip convenience stores across the Midwest will have Bitcoin ATMs installed through a new partnership with Coinsource, a Texas-based Bitcoin ATM network. The ATMs will allow customers to purchase Bitcoin with U.S. dollars and receive it within a few minutes. Coinsource charges an 11% fee on transactions, and it has […]
The cryptocurrency industry achieved a milestone Tuesday when the “BITO” ticker appeared at the New York Stock Exchange for the first time, CNBC reports. The futures exchange-traded fund, launched by ProShares, doesn’t allow direct investments in bitcoin, but is still viewed as a step toward those types of funds. ProShares CEO Michael L. Sapir wrote in […]
The U.S. Securities and Exchange Commission sent a legal notice to Coinbase informing the cryptocurrency exchange to expect legal action if Lend, its digital lending product, launches. Lend will allow eligible customers to earn interest by lending select assets on Coinbase, starting with USD Coin. The SEC determined Lend should be subject to regulation under […]
The tiny and impoverished Central American nation became the first country in the world to adopt bitcoin as legal tender on Tuesday, the Wall Street Journal reports, allowing Salvadorans to use the cryptocurrency to buy a cup of coffee, get a haircut or even pay taxes and home loans. To get them started, the administration of 40-year-old […]
Office Depot is counting on formerly empty storefronts to make a big impact on its new business model: the company’s new Workonomy Hubs offer coworking desks and private offices are part of a catchall location of business services, reports Fast Company. Nationally, Office Depot has closed around 300 locations in two years, so if successful, the […]
Photo submitted by DigitalMint. Cryptocurrency’s domain starts and ends with online transactions — but Chicago-based DigitalMint is bringing Bitcoin to the real world with the launch of 17 Bitcoin teller windows across Iowa, joining more than 200 other teller and ATM locations in 19 states, we learned earlier this month. DigitalMint co-founder and President Marc […]