The CEO of General Motors (GM), America’s largest automaker, says that nothing precludes her company from accepting bitcoin if there is consumer demand for it. “Certainly, we want to make the whole buying and ownership experience as easy as possible,” said the GM chief executive. GM Will Accept Bitcoin if There’s Demand, CEO Indicates Mary…
The Federal Reserve on Wednesday told the public that it has forwarded the time frame for raising interest rates. “Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook remain,” the Federal Open Market Committee (FOMC) said in a statement. The…
The Swiss company TRES Group GmbH is launching an exciting and innovative program aiming at adding a solution to the Climate Change challenge. For several months, the FOSTER project has been under development, which aims to mass plant trees around the world for the benefit of increasing carbon dioxide absorption using blockchain technology. Climate the…
Ever since El Salvador passed a bill that was approved by a supermajority in the Salvadoran Congress legalizing bitcoin as legal tender in the nation, the country has remained in the spotlight. Furthermore, there’s an area in El Salvador called “Bitcoin Beach” with a small group of beach villagers that are attempting to leverage bitcoin…
Fresh off the heels of announcing a non-fungible token (NFT) organization called Blockchain Creative Labs and a blockchain-based animated series, Fox Broadcasting Company has revealed it’s invoked a $100 million fund with Bento Box Entertainment (BBE) that aims to bolster NFT content creators. Fox and Bento Box to Fuel NFT Ecosystem With a $100 Million…
The U.S. Securities and Exchange Commission (SEC) has released its regulatory agenda which does not mention bitcoin or cryptocurrency regulation. Bitcoin, Cryptocurrencies Not on SEC’s Latest Regulatory Agenda The Office of Information and Regulatory Affairs released the Biden administration’s Spring 2021 Unified Agenda of Regulatory and Deregulatory Actions last week. It details “the actions administrative…
