Luxury watch brand Breitling accepts payments in Bitcoin and other cryptocurrencies

Daily summary of news from the crypto world, so you are always informed with the latest news

Breitling accepts payments with Bitcoin and other cryptocurrencies

Luxury watchmaker Breitling has added Bitcoin and several of the market's biggest cryptocurrencies to its payment options. This and more news in this handy daily summary so you're always up to date with the latest events happening within the crypto world.

Breitling adds Bitcoin to its payment methods

📍‌Breitling joins the ranks of luxury watchmakers accepting payments with cryptocurrencies. The Breitling watch brand, of Swiss origin, reported that their customers can now purchase their products using Bitcoin and other cryptoassets as a means of payment. 

Among the cryptocurrencies that Breitling is accepting are: Ethereum, Bitcoin Cash, DogeCoin, Litecoin, Wrapped Bitcoin and the stablecoins Binance USD, Dai, USD Coin, Pax Dollar and Gemini Dollar. 

Other luxury watch brands that have embraced Bitcoin and cryptocurrency payments this year include Tag Heuer and Hublot. 

Ronin Bridge is operational

📍‌Ronin Network developers open source blockchain bridge. Ronin Bridge has reopened this Tuesday, after closing last March due to the hack in which it lost 600 million dollars. 

On Twitter, the developers of the Axie Infinity blockchain reported that 

Ronin Network has undergone a series of audits and restructuring processes to improve its security. Last week, the audit conducted by the Certik firm concluded. According to the developers, the firm's recommendations were minor. 

KPMG “Metaverse Collaboration Hub”

📍‌KPMG opens collaboration hub for the Metaverse. KPMG, the global network of professional services firms, wants to connect its clients and users in general with Web3. 

From its subsidiaries in the United States and Canada, KPMG has opened “Metaverse Collaboration Hub”, a new collaboration hub for the Metaverse from which it plans to drive innovation in the physical and digital worlds. 

This center will help the firm connect employees, clients and communities with the Metaverse and Web 3, to explore the growth opportunities that the next generation of the Internet offers to all industries and sectors.

In March of this year, KPMG's Canadian subsidiary added Bitcoin and Ethereum to its corporate balance sheet and NFTs to its corporate strategies, to boost new technologies and get closer to innovation. 

USPTO presents Blockchain and Intellectual Property seminar

📍‌The United States Patent and Trademark Office (USPTO) wants to educate about the disruptive and transformative potential of blockchain technology. Through the Eastern Regional Extension Office (EROO), USPTO will file a seminar on Blockchain and Intellectual Property, to showcase the potential of blockchain and its various use cases and real-world applications, with a focus on intellectual property (IP). 

The seminar will be held monthly from July to November, according to the schedule of events published by the government agency on its website. 

Bitcoin Miner: From Switzerland to the United States

📍‌White Rock Management opened its new facilities in the United States. Swiss Bitcoin miner White Rock Management has open officially opened its new facilities in the state of Texas (United States), which will run on natural gas. 

Thanks to an alliance with NGON, White Rock will be able to mine bitcoins from the network by using natural gas as an alternative energy source, thus helping to reduce waste and gas burning and emissions into the environment.  

Cryptocurrencies in Morocco

📍‌The Central Bank of Morocco wants to regulate cryptocurrencies. The country that banned Bitcoin in 2017 is now working on a legal framework for its regulation. Bank Al-Maghrib (BAM), Morocco's central bank, has announced that it will create a regulatory framework for cryptocurrencies. 

The popularity of the crypto industry in the country and worldwide has led the entity to reconsider its position regarding digital assets.  

Continue reading: Gary Gensler: “Bitcoin is a commodity”, what does this mean for the future of BTC?