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Dallas Mavericks Become Second NBA Team to Accept Bitcoin

News The Dallas Mavericks have become the second NBA team to accept Bitcoin (BTC) as a means of payment for match tickets and merchandise. A tweet from cryptocurrency payment processor BitPay confirmed the news on Aug. 13. Mavs’ billionaire owner is a crypto enthusiastCryptocurrency adoption has ..

EU Members Adopt Tougher Crypto Rules Than AML Directive Requires

Europe is gradually tightening the rules for the crypto space. A wave of new regulations are introducing stricter requirements for companies operating in the industry and cryptocurrency users are going to feel the difference in the coming months. The measures stem from the obligation of member state..

BitPay Now Requires Your Photo ID for Purchases Over $3K in Bitcoin

News Cryptocurrency payment processor BitPay is introducing new identity verification measures for certain high-value payments, refunds and payouts. According to an Aug. 1 announcement from the United States-based firm, the new measures notably do not apply to person-to-person payments using the B..

BitPay Suspends Services in Germany For The Time Being

Citizens of Germany will no longer be able to use BitPay after the payments processor pulled its service on the heels of new BaFin regulations set to go live on January 1, 2020. Nein BitPay On Thursday, cryptocurrency payments processor, BitPay updated a post detailing which countries the company o..

BitPay Says It Has ‘Paused’ Processing Bitcoin Payments in Germany

News Bitcoin (BTC) and Bitcoin Cash (BCH) payment processor BitPay confirmed that it suspended its operations in Germany in an email sent to Cointelegraph on Aug. 1. BitPay: “We have paused operations in Germany”In the aforementioned email, a BitPay PR rep. Jan Jahosky cited regulation coming into..

Newegg Adds Bitcoin Payment Option to 73 More Countries

News California-based online retail store Newegg expanded Bitcoin (BTC) payment options to customers in 73 more countries. Bitcoin payment remains unavailable in six out of over 80 Newegg-served countriesFollowing the announcement, Newegg customers can now purchase its products with Bitcoin (BTC) ..

Tor Project Bitcoin Donation Fund Raises 65% on First Day

The group behind internet privacy project, Tor, has launched a bitcoin donation fund as part of their fight against web censorship and surveillance. Tor Teams Up With Bitpay The web privacy advocates aim to raise $10,000 in a two-week crowdfunding campaign which will go towards the fight against in..

Presidential Spotlight on Crypto: Can Trump Ban Bitcoin?

Following President Trump‘s poor assessment of cryptocurrencies, speculation has been rife in the industry on whether or not Washington could stifle the industry with a blanket ban. Popular economist and stock trading expert Alex Krueger, believes while the President could toy with the idea, the cu..

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