A virtual art piece titled “Everyday: The First 5000 Days”. Created by digital artist Beeple, Christie’s is the first NFT-based work of art to be auctioned off. Christie’s From art to sports trading cards, people are spending millions of dollars on digital collector’s items. These crypto collectors, known as NFTs, …
Read More »Square saw 1 million users buy bitcoin for the first time in January: CFO
CFO Amrita Ahuja told CNBC on Wednesday that Square’s cash app platform saw a surge in first-time bitcoin buyers last month. “In 2020 we had 30 million people transacting in Bitcoin through the Cash app and 1 million new ones in Bitcoin in January. [2021]”A day after his company made …
Read More »Bitcoin (BTC) goes above $ 50,000 after buying more than a square
In this photo the value of bitcoin virtual crypto currency is displayed on the phone screen. STR | Nourphoto | Getty Images The price of Bitcoin bounced back on Wednesday after a sharp sell-off, with Square announcing that it had bought pt 170 million worth of cryptocurrencies. At 4 a.m. …
Read More »China central bank policymaker says Fintech needs regulation just like banks
On September 28, 2018, in Beijing, China, people left behind the headquarters of the central bank, the People’s Bank of China (PBOC). Jason Lee | Reuters BEIJING – The Chinese government at the center is making it clear that fintech companies like Ant Ant Group come under the same strict …
Read More »Ant ant moles holding company with the same regulation as the bank
Jack Mae laid siege Ant Group Co. is planning to fold its financial operations into a holding company, which, according to people familiar with the situation, could regulate its bank more like a single bank while developing more profitable units. Fintech Giant plans to move any unit that needs a …
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