U.S.-based cryptocurrency exchange Coinbase announced that its platform for professionals, known as Coinbase Pro, will disable its margin trading product on Wednesday, in response to new guidance from the Commodity Futures Trading Commission (CFTC).
Digital Asset Investment Management (DAiM) has rolled out the first ERISA-compliant employer-sponsored 401(k) retirement plans that support Bitcoin (BTC). Employers of any size can adopt these plans for the benefit of their employees. DAiM is the first licensed Registered Investment Advisor for Bitcoin and digital assets. It was approved by the State of California in June 2018.
Bitcoin rose to a three-year high on Monday. After reaching $18729 at one point, the most popular cryptocurrency was trading at $18609 at the time of writing of this article. After opening at $18,120, BTC rose by 2.52 percent in the last 24 hours. From $12928 recorded a month ago, Bitcoin gained around 40 percent.
This is also the highest price of the year, traded at major cyrptocurrency tradi
PayPal has launched a cryptocurrency trading service in the U.S. that will allow all eligible PayPal accountholders to buy, hold and sell cryptocurrency directly from their PayPal account. This will also enable cryptocurrency as a funding source for digital commerce at its 26 million merchants worldwide.
Bitcoin Payment Processor BitPay has rolled out a new blockchain-powered mass payout service called BitPay Send. This service will enable organizations of all sizes to pay employees, affiliates, customers, vendors, contractors and others with cryptocurrency. BitPay Send allows making mass payouts in cyptocurrencies anywhere in the world, on any day of the week, and at any time.