Travala’s 2021 Q3 Report Shows Crypto Adoption ‘Offset the Negative Impact of...
The crypto-friendly travel company Travala published its third-quarter 2021 report showing the firm has grown significantly alongside the growth of crypto adoption. In fact, cryptocurrency adoption has “more than offset the negative impact of the pandemic,” the company said as Travala posted a record-setting quarter in Q3 2021. Crypto Adoption Bolstered Travel Company Travala’s Third Quarter According to a third-quarter 2021 report published by Travala, the company has seen “explosive growth” in the firm’s three core services: hotels,....
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On Friday, the Latin American cryptocurrency platform Bitso announced that the company plans to offset carbon emissions from its bitcoin and ERC20 token transactions carried out on the platform. Bitso is partnering with the carbon offset platform Moss.Earth in order to curb the crypto company’s environmental impact.
Bitso to Offset Crypto Transaction Carbon Emissions by Partnering With Moss.Earth
In mid-February, the Mexico-based cryptocurrency exchange Bitso revealed it was expanding into the Colombian market after witnessing a growing interest in the Latin American....
Crypto transactions in Kenya now attract a 1.5% tax. Kenya’s planned Digital Service Tax, or DST, came into effect at the start of 2021. The DST is part of the country’s 2020 revamped Finance Act that focused on the digital services market among other sectors.Based on the provisions of the new tax regime, e-market transactions including cryptocurrency payments now attract a 1.5% levy.Reginald Alango, a Kenya country representative at non-custodial peer-to-peer crypto exchange Bitzlato, told Cointelegraph that the new tax policy prescribes a 1.5% tax on the gross transaction value of every....
Crypto adoption has grown significantly in the last two years. It is one of the fastest-growing trends ever experienced in the market, which is expected to continue over time. A look into the growth trend shows some unlikely drivers of this adoption. The NFT space is one that also grew into prominence in the last […]
The investment firm filed the application for its Bitcoin ETF with Canadian securities regulators in February. Accelerate Financial Technologies is planning to match each investment in its pending Bitcoin exchange-traded fund with the planting of thousands of trees.According to a Friday report from Bloomberg, the Calgary-based investment services company has pledged to plant 3,450 trees for every $1 million CAD — roughly $792,000 at the time of publication — invested in its Bitcoin (BTC) exchange-traded fund, or ETF. The move is part of Accelerate’s aim to have its Bitcoin ETF be carbon....
A Qualtrics report carried out by Coinbase shows that the number of Brits who have bought crypto is up 4% to 33% since October 2021. Bitcoin (BTC) number go up technology is boosting crypto adoption in the United Kingdom. More and more Brits are buying cryptocurrency according to a Coinbase research piece carried out by Qualtrics.The key takeaways indicate that 33% of British people own crypto, up from 29% in October 2021. Plus, over half, or 61%, of those surveyed intend to increase their holdings over the next 12 months. For Danny Scott, CEO of the UK's leading Bitcoin exchange,....