Mode Global Holdings PLC, a London Stock Exchange-listed company, has announced plans to make a “significant purchase” of bitcoin as part of its treasury investment strategy.
Bitcoin’s price reached a two-month high on Wednesday, taking month-to-date gain to over 13%.
The Central Bank of the Bahamas has officially launched its national digital currency.
The first of its kind in the world to have been fully deployed, the sand dollar is a digital version of the Bahamian dollar.
Canonical crypto regulator, the New York State Department of Financial Services (DFS) has granted the first “conditional BitLicense” to PayPal for a partnership with Paxos Trust Company enabling customers to buy and sell cryptocurrencies.
BitMEX, which has been charged by the U.S. government and a regulator with facilitating unregistered trading, has accelerated its mandate for all customers to verify their identities by Nov. 5, three months earlier than its original deadline of early February.
Payments giant PayPal has partnered with Paxos Crypto Brokerage to enable cryptocurrency buying and selling to its users.
At launch, PayPal will allow purchases of Bitcoin, Ethereum, Bitcoin Cash and Litecoin.
Through Paxos, PayPal has been granted the first virtual currency conditional license from the New York State Department of Financial Services.
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