Despite government concerns, A Desi business Begins Accepting Bitcoin as Payment

 NEW DELHI: Until now, Bitcoin as payment and other cryptocurrencies have been viewed primarily as an asset class in which to invest in order to profit from price appreciation. Despite government concerns, a Desi business begins accepting Bitcoin as payment. Some businesses in the United States have begun to accept them Bitcoin as payment currencies.…

Kenyan Insurance Executive Calls Cryptocurrencies Ponzi Schemes, Warns Users This Will ‘End in Tears’

A Kenyan insurance executive, Julius Kipng’etich has compared cryptocurrencies like bitcoin to Ponzi schemes and has urged his countrymen not “touch this.” In addition, Kipng’etich warned those already involved in crypto trading to be prepared for the consequences as this always “ends in tears.” Bitcoin as a Medium of Exchange Interestingly, when addressing attendees of…

Paypal Hiring Over 100 Crypto Positions as Global Cryptocurrency Adoption Rises

Payments giant Paypal is hiring more than 100 crypto-related positions as demand for cryptocurrencies grows. Paypal’s CEO recently revealed the company’s expansion plans, stating, “We continue to be really pleased with the momentum we’re seeing on crypto and we’re obviously adding incremental functionality into that.” Paypal’s Crypto-Related Job Postings Paypal is hiring more than 100…