Monday, October 25

Crypto money exchange goes public: Confirmation released, date announced!

As the number of cryptocurrency investors continues to increase rapidly around the world, Coinbase’s stocks have reportedly been approved to be quoted on Nasdaq. Accordingly, the crypto currency exchange Coinbase will start trading on April 14.
A pioneering move for cryptocurrencies, whose popularity is increasing day by day, came from the famous crypto currency exchange Coinbase of the USA. Coinbase Global Inc received regulatory approval to have its shares listed on the US stock market’s Nasdaq index.

The US Securities and Exchange Commission’s (SEC) decision added new strength to legitimate cryptocurrencies, which are rapidly gaining approval in the mainstream financial services industry.

Coinbase, which is planning a direct IPO, predicts that its shares will begin trading on the Nasdaq on April 14. In direct public offering, none of the shares are sold in advance, unlike in the initial public offering. The company’s share price will be determined by orders made to the stock exchange.

COMPANIES TAKE ONE STEP FOR CRYPTO MONEY

The world-famous electric car brand TESLA, giant technology company Microsoft, credit cards, debit cards and prepaid cards, Visa’s Bitcoin move, which is very popular in the world, came one step from international investment bank Goldman Sachs.

Microsoft, a US-based multinational technology company, reported that ION, the decentralized identity platform, started working with the Bitcoin blockchain system over the weekend. However, the ION will now use Bitcoin’s blockchain to match online identities in the decentralized identifier.

VISA: Complete preparation for crypto money

Visa, a US-based multinational finance company, which is very popular in the world for credit cards, debit cards and prepaid cards, reported that it will use a fixed cryptocurrency USD Coin for account closure transactions in its payment network. Visa announced that they are launching a joint pilot program with Crypto.com, and that they will be able to offer their partners more options in 2022.

ELON MUSK: TESLA AUTOMOBILES CAN BE TAKEN WITH BITCOIN

Famous billionaire Elon Musk, CEO of TESLA, known for his interest in cryptocurrencies, said, “Now you can buy Tesla with Bitcoin. Tesla only uses internal and open source software and runs Bitcoins directly. Bitcoin paid to Tesla will be stored as Bitcoin without being converted into currency. With the payment feature, the US will be available later this year, “he said.

CLOSE TO OFFERING THE FIRST INVESTMENT TOOL FOR GOLDMAN SACHS DIGITAL ASSETS TO ITS CUSTOMERS

Goldman Sachs stated that it is close to offering its customers the first investment vehicle for Bitcoin and other digital assets. According to CNBC’s report, the bank plans to serve its customers in a comprehensive asset spectrum, including Bitcoin and other digital assets, while providing investment services in the emerging asset class in the second quarter.

Seeing the promotion rating of Mary Rich, who was appointed as the global managing director of digital assets in Goldman Sachs’ private asset management division, CNBC said that banks such as Goldman and Morgan Stanley mean that their customers will have access to the recently emerging asset classes.

Stating that the Bitcoin investment fund to be offered by the bank will be similar to the fund Morgan Stanley plans to implement, Mary Rich said, “It will be a system similar to the system of investing in 7-24 traded asset classes.”