U.S.-based torrent client BitTorrent, Inc. has teamed up with major crypto exchange Binance to add its US dollar-backed stablecoin Binance USD (BUSD) as a payment option to purchase BitTorrent and µTorrent Classic Pro, Pro+VPN or Ad-Free. BUSD is a NYDFS regulated stablecoin. Binance's native token BNB was already an option for payment.
The Commissioner of the Texas State Securities Board (TSSB) has issued an emergency cease-and-desist order against a South African cryptocurrency firm running an unregistered international, multilevel marketing get-rich-quick scheme in the State of Texas.
Most cryptocurrency investors are found to be worried about what will happen to their digital assets after they die, according to a new research conducted by The Cremation Institute. They are worried that their digital assets will simply disappear after they pass away and not passed on to their loved ones. 89 percent of crypto-asset investors worry about losing their digital assets after they die.
Digital asset investment company Arca has begun offering the first SEC-registered closed-end fund for investment in its shares as digital securities, called "ArCoin." The Arca U.S. Treasury Fund is also the first product registered under the Investment Company Act of 1940. The Fund invests 80 percent of its portfolio assets in interest-bearing, short-duration, U.S. Treasury securities.
Online travel agency Expedia, Inc struck a deal with U.K.-based crypto-friendly travel booking platform Travala.com for seamless payments in cryptocurriencies such as Bitcoin for customers in addition to traditional payment methods. The move comes just seven months after Expedia's rival Bookings.com signed a similar deal in late November 2019.