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Hotel Bitcoin ATMs on the Rise With Addition of Swiss Hotel Dolder Grand

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The number of hotels with a bitcoin ATM on-site is growing in Switzerland. The latest announcement came from The Dolder Grand, a luxury hotel and spa in Zurich, which recently installed a crypto ATM supporting four cryptocurrencies. Bitcoin ATMs Gaining Popularity in Hotels The Dolder Grand announced Monday that a cryptocurrency ATM has been installed … Read more

US Financial Watchdog Fines Bitcoin Mixer Service for $60 Million

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Larry Dean Harmon, founder and operator of early bitcoin mixing services Helix and Coin Ninja, is being fined $60 million by the U.S. Treasury’s Financial Crimes Enforcement Network (Fincen) for allegedly violating anti-money laundering rules. According to documents published Oct. 19 by Fincen, the fine surrounds the transmission of “at least 356,000 bitcoin transactions through … Read more

Macro Investor Dan Tapiero Says Crypto Adoption Slow: Emerging Economies Ahead of Developed States

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Bitcoin and gold holder Dan Tapiero, says it is still early to talk of widespread crypto adoption as the proportion of users relative to the rest of the population remains low. Tapiero makes the remarks while referring to a study, which places Nigeria at top of the list of countries with the highest number of … Read more

Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications

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On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies and cross-border payments with the Federal Reserve Chair Jerome Powell. The Fed Chair says as far as a U.S.-issued CBDC … Read more

Bitcoin Bar ‘Room 77’ Shuts Down

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Room 77, the German bar and restaurant that claims to be the first retail outfit in the world to accept bitcoin payments, has shut down. Cypherpunk Holdings chief economist Jon Matonis broke the news on Twitter. Bar owner Jorg Platzer later confirmed it on Reddit. “Room 77 is closing for good,” Platzer revealed in a … Read more

Rare Batman NFT Digital Art Collection Sells for Record 540 Ether

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A five-piece collection of Batman digital art has sold for a combined 540.86 ether, or about $202,000, on Makersplace, a record price for non-fungible crypto artwork. The rare artwork is a collection of animations or PNG files of the Dark Knight. It was created by DC comic artist José Delbo and Trevor Jones, a crypto … Read more

48-Hour Stimulus Deadline: US Lawmakers Race to Approve Second Stimulus Checks Before Election

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Amid the intense stimulus relief aid discussion, House Speaker Nancy Pelosi has set a deadline for the White House to come to an agreement on the next stimulus package which provides a second round of stimulus checks for Americans. Meanwhile, the Senate is set to vote on a smaller stimulus bill without direct payments this … Read more

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