Small-biz law firm sees opportunity in bitcoin
As the growing bitcoin economy attracts increasing attention from regulators, it's probably fitting that one of the latest businesses to begin accepting the digital currency is a law firm. Law 4 Small Business, or L4SB -- whose slogan is, "A little law now can save a lot later" -- is an "internet-savvy, high-tech law firm and law practice," said attorney Laurence S. Donahue, who founded the Albuquerque, New Mexico-based firm. Because of that, he said, "accepting and honoring bitcoin adds credibility to that claim." Bitcoin," Donahue said, is "not for the faint of heart, as its value....
Related News
The mayor of Miami, Florida, sees China’s cryptocurrency crackdown as “the turning point” that “creates an incredible opportunity for America.” He said: “Their loss is our gain and America can and will lead the future by providing a clean power home for bitcoin miners and all who are building on/with/for bitcoin.”
Miami Mayor Sees US Benefiting From China’s Crypto Crackdown
Miami Mayor Francis Suarez, who has been trying to build his city into a bitcoin hub, sees the crypto crackdown by the Chinese government as an....
Bank of America’s strategist says that the metaverse is a massive opportunity where cryptocurrencies will be widely used as currencies. “I definitely believe this is a massive, massive opportunity,” he said. Bank of America’s Metaverse Prediction Bank of America’s strategist, Haim Israel, told the Insider Tuesday that the metaverse is a massive opportunity for blockchain technology. In addition, he expects it to take cryptocurrency mainstream. Israel is Bank of America’s managing director of research and a global strategist. He is also head of the....
Nasdaq-listed trading platform Robinhood is acquiring Ziglu, a London-based electronic money institution and crypto asset firm. The acquisition is part of Robinhood’s international expansion plan. Robinhood “sees a big opportunity in serving customers across the globe.”
Robinhood Acquiring Regulated Crypto Firm Ziglu
Popular U.S.-based trading platform Robinhood announced Tuesday that it has signed an agreement to acquire a regulated cryptocurrency firm Ziglu.
Citing its mission to “democratize finance for all,” Robinhood....
A new report from Wedbush Securities suggests the price of bitcoin will continue to be volatile - but adds that this is necessary for the market's growth and maturity. Entitled Embracing Volatility: Trading as Bitcoin's First Killer App, the latest report from the financial services firm concludes that fluctuations in bitcoin's price, far from harming the currency, will benefit its underlying infrastructure. Gil Luria, the author of the report, said: "Volatility in the price of bitcoin should not impede retailer acceptance of bitcoin, in our opinion, as merchants and payment processors are....
BNP Paribas is choosing to begin its public experiments with blockchain tech by pursuing one of its less discussed use cases – crowdfunding. The French financial services giant intends to launch a private securities program built using blockchain tech. The effort, a partnership with SmartAngels, a firm that allows entrepreneurs to raise money from private and professional investors, even has ambitious attempts to go live by the second half of 2016. In interview, BNP Paribas product manager Johann Palychata said that crowdfunding was selected as one of the company’s first use cases due to....