#CryptoCorner: Biggest Swiss Online Retailer Allows #Crypto Transactions, IBM (NYSE: $IBM) Tells Bloomberg of Bank Interest in Creating Coins, Dubai Gets #Bitcoin ATM
#CryptoCorner:
Biggest Swiss Online Retailer Allows #Crypto
Transactions, IBM (NYSE: $IBM) Tells Bloomberg of Bank Interest in Creating
Coins, Dubai Gets #Bitcoin ATM
Stocks discussed:
(NYSE:IBM) (NYSE:JPM)
Point Roberts, WA, Delta BC, March 19, 2019 - Investorideas.com, a leader in crypto and
blockchain investing news, in partnership with Fit
Pay, Inc.’s (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech,
Flip and the Genesis Exchange and Wallet App bring you today’s edition of the Crypto
Corner podcast and commentary on what’s driving the cryptocurrency market .
Listen
to today’s Crypto Corner Podcast:
Read
this in full at https://www.investorideas.com/news/2019/crypto-corner/03191Swiss-IBM-JPM-Dubai.asp
Subscribe
to Podcast RSS feed:
https://www.investorideas.com/rss/feeds/Podcasts-Crypto.xml
March
19
Crypto Corner
Biggest Swiss Online Retailer Allows Crypto
Transactions, Japan Regulates Margin Trading on Crypto, IBM Tells Bloomberg of
Bank Interest in Creating Coins, Dubai Gets Bitcoin ATM and Bithumb to Cut Up
To Half of Staff
Stocks discussed: (NYSE:IBM) (NYSE:JPM)
Swiss online
retailer, Digitec Galaxus, announced today that it will
begin accepting cryptocurrency transactions effective immediately. The
retailer, which is the largest in Switzerland, will accept payment in Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin SV
(BSV), Ether (ETH), XRP, Binance Coin (BNB), Litecoin (LTC), Tron (TRX), NEO and OmiseGo (OMG) for transactions
over CHF 200 ($200 USD). Oliver Herren, CIO and co-founder of Digitec Galaxus,
said:
“Cryptocurrencies
are fascinating and likely to become a relevant means of payment in e-commerce
– we want to support this development. Of course I’m expecting all crypto
millionaires in Switzerland to only buy from us in the future ;-)”
Nikkei
Asian Review
reports that Japan’s financial authorities have restricted cryptocurrency
margin trading at two to four times initial deposits.
Furthermore, crypto exchanges that handle margin trading are required to
register with authorities within 18 months of the new legislation, which will
be implemented in April 2020.
Bloomberg reports that IBM (NYSE:IBM) claims that at
least two major U.S. banks are thinking about following JPMorgan (NYSE:JPM) in launching
their own crypto. Jesse Lund, IBM’s vice president of blockchain, told
Bloomberg:
“We have received interest on the heels of
JPM Coin,” and that the two other banks, which he declined to name “reached out
to us after that announcement.”
He went on to say:
“There’s a new revenue opportunity for
banks. Banks are now starting to catch the buzz.”
CCN reports that Dubai
has landed its first crypto-cash ATM. The kiosk is fully functional, allowing
users to purchase cryptocurrencies for cash. It is located in the Rixos
Premium, a 5-star hotel in the Jumeirah Beach Residence.
Major South Korean
crypto exchange Bithumb has revealed plans to cut its staff by up to 50
percent, according to a report from CoinDesk. This would reduce
the current staff of 310 to around 150. An official from Bithumb told CoinDesk:
“Voluntary retirement is part of our
support program for former employees and is intended to provide assistance and
training for job placement. Apart from that, [Bithumb’s] trading volume has
decreased compared to the previous year, [so] we are trying to provide internal
measures. We will continue to add necessary personnel for various new
businesses.”
Sam Mowers, Investorideas
Read other editions of the Crypto Corner
Crypto Corner Sponsors:
Flip™
is the creation of Fit Pay, Inc., a leading provider of cutting edge payment
technology and a subsidiary of NXT-ID (NASDAQ: NXTD). By
leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to
seamlessly exchange their cryptocurrency for US dollars and store that value on
a contactless payment device that can be used to make purchases at millions of
retail locations. https://www.fliptopay.com/
Genesis Exchange and Wallet
App by Genesis Blockchain
Technologies ( GBT)
@GenesisBlockch
GBT is a
powerful cryptocurrency centralized / decentralized exchange which will include
a broad range of services and benefits from cryptocurrency and blockchain
markets development, while avoiding complications and risks arising from
crytocurrency ownership, transfer, and exchange.You can Download
the Genesis Exchange and Wallet App at Google Play and
on the Apple
App Store. Learn more at http://www.mygenesis.io
More
info on the sector:
Investor Ideas is positioning as a leader in blockchain and crypto content with
its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com
For
investors following the sector Investor Ideas has a comprehensive Bitcoin,
Blockchain and Digital Currency Stocks Directory
Talk about the sector with
other companies and investors- Join our LinkedIn Group Blockchain and Digital
Currency Stocks and ICO's - Latest News and Commentary https://www.linkedin.com/groups/13560073
About Investorideas.com - News that Inspires Big
Investing Ideas
Investorideas.com
is a recognized news source publishing third party news and press releases plus
we create original financial content. Learn about investing in stocks and sector trends
from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto,
technology including AI and IoT ,
mining ,sports biotech, water, renewable energy and more . Investorideas.com
original branded content includes the daily Crypto Corner and Podcast, Play
by Play
sports and stock news column, Investor Ideas #Potcasts #Cannabis News and
Stocks on the Move podcast and column,
Cleantech and Climate Change Podcast and
the AI
Eye Podcast
and column covering developments in AI.
The
Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com,
iHeartRadio and Google Play Music.
Visit
the Podcast page at Investorideas.com:
Disclaimer/Disclosure: Investorideas.com is a
digital publisher of third party sourced news, articles and equity research as
well as creates original content, including video, interviews and articles.
Original content created by investorideas is protected by copyright laws other
than syndication rights. Our site does not make recommendations for purchases
or sale of stocks, services or products. Nothing on our sites should be
construed as an offer or solicitation to buy or sell products or securities.
All investment involves risk and possible loss of investment. This site is
currently compensated for news publication and distribution, social media and
marketing, content creation and more. Contact each company directly regarding
content and press release questions. Disclosure is posted for each compensated
news release, content published /created if required but otherwise the news was
not compensated for and was published for the sole interest of our readers and
followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp.
Disclosure: this newsletter
and podcast is sponsored content by featured companies NXt-ID (NASDAQ:
NXTD) on behalf of Flip and GBT Technologies . More info: http://www.investorideas.com/About/News/Clientspecifics.asp Learn more about
Investor ideas podcast and news publication
services and costs https://www.investorideas.com/News-Upload/
Cryptocurrency Disclaimer
Investorideas.com news
content is not meant to be a solicitation to buy or sell cryptocurrencies and
Investorideas.com does not directly sell cryptocurrencies; but acts as a news
and research resource for interested investors following the blockchain sector.
Copyright and ownership:
Crypto Corner is an Investorideas.com content brand
Please read Investorideas.com privacy
policy: https://www.investorideas.com/About/Private_Policy.asp
Learn more about our news, PR and social
media services at Investorideas.com
Contact
Investorideas.com
800-665-0411
Comments
Post a Comment