In Cuba, a small café has started accepting cryptocurrency payments and is having a lot of success. On the other hand, Stone Ridge joins the Bitcoin investment movement with the acquisition of 115 million dollars in the cryptocurrency. These and more news in this practical daily summary so that you are always informed with the most recent events that occur within the crypto world.
📍 In the city of Santiago de Cuba, Burger Like became the first café on the island to accept payments with cryptocurrencies, , the Bitcoin, Ethereum, Litecoin and more. The announcement was made by its owner, Osmar Segura, who decided to open the business in the midst of the COVID-19 pandemic crisis. Now Burger Like continues to open its doors to consumers and receives around 30% of its income in cryptocurrencies. Segura says that it is an easy, fast and efficient payment method used by most young people who make purchases at his establishment. A trend that is being replicated throughout the island and that clearly shows that cryptocurrencies have arrived in Cuba.
📍 Stone Ridge Asset Management, one of the largest asset management companies in the United States, joins the universe of cryptocurrencies and digital assets as an institutional investor in Bitcoin. The company announced the investment of 115 million dollars for the acquisition of the cryptocurrency. The purchase was made through New York Digital Investment Group (NYDIG), a leading provider of investment and technology solutions for Bitcoin and other digital assets.
📍 The Bank of Russia published a recent report stating that it is studying the possibility of issuing a digital ruble as a complement to its current national currency. The entity notes that among its main objectives is to guarantee the development of a strong, secure and reliable national payment system, for which it will study the possibilities of issuing the central bank's digital currency (CBDC): the digital ruble.
📍 Meanwhile in Japan, Kozo Yamamoto, head of the financial affairs council of the Liberal Democratic Party of Japan and a former Finance Ministry official, think that the Asian nation must review and adapt its laws to allow the issuance and development of a CBDC if the central bank decides to issue digital yen. It should be recalled that the governor of the Central Bank of Japan, Haruhiko Kuroda, reported on the bank's plans to begin pilot testing of the digital yen next spring.
📍 US-based Bitcoin payment service provider BitBay has filed a new bug that left 800 users disconnected from the platform's services for nearly 2 hours.
At the time of the incident, BitBay only posted that it had not been able to resolve the issue, and that it hoped to soon restore its services and allow trading on its platform. In the meantime, users had only 30 minutes to cancel the trades they had posted on the exchange. BitBay did not provide further details about what happened, although this failure was smaller than the one that occurred earlier this year, which kept users disconnected for more than 18 hours.
📍 Ledger, one of the most recognized and secure cryptocurrency and digital asset custody service companies and one of the world's most recognized and secure wallet manufacturers, is offering its services of Ledger Vault a microstrategy for the safekeeping of its recent Bitcoin purchases worth $425 million. Ledger Vault is a platform designed to offer security and custody solutions for enterprise and institutional clients.
📍 Pieter Wuille, one of the main developers of Bitcoin Core, noted that version 0.21 of Bitcoin Core, which integrates Tor V3 addresses, will be available “probably in December.”
📍 Spain will be one of the countries that will lead the blockchain industry in the next 10 years, according to a report published by the consulting company PricewaterhouseCoopers (PwC)According to the firm, 12 countries will lead this leadership, including Spain, although the nation could fall behind the innovations developed by other giants such as China and the United States. Other important nations will be Germany, Japan, the United Kingdom, India, France, the United Arab Emirates, Sweden, Luxembourg and Italy.
Continue reading: A Great Awakening in Bitcoin: 1000 Satoshi-era BTC Moved to New Wallet
