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Blockchain ‘Blank Check’ SPAC Announces $100M IPO to Fund Business Combinations

According to the filing, the blockchain firm intends to seek out companies with “significant competitive advantages and/or underexploited expansion opportunities.” The expansion can be accomplished through a “combination of accelerating organic growth and finding attractive add-on acquisition targets,” the company notes. Source

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Zimbabwean Dollar Could Collapse, Business Lobby Warns – Economics Bitcoin News

A Zimbabwean business lobby group, the Confederation of Zimbabwe Industries (CZI), has warned that the country’s currency could collapse if authorities fail to “implement policy measures that are needed to support it.” Central Bank Approach Unsettling the Market In a letter seen by Bitcoin.com News, the lobby group’s president Kurai Matsheza explained

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AGM Group Enters Two New Business Lines, Announces Strategic Partnership With HighSharp

China, September 29, 2021 – AGM Group Holdings Inc. (“AGMH”) (NASDAQ: AGMH), an integrated technology company focused on advanced blockchain chip solutions, fintech software services, and crypto-miner production, announced that it has entered an initial six-month strategic cooperation agreement with HighSharp Electronic Technology Co., Ltd, an integrated circuit designer providing

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Small Business Owners Study Says Los Angeles Ranks the Most Crypto-Friendly City in the US – Bitcoin News

A recent study conducted by the online invoicing company that works with small businesses Skynova explains that the city of Los Angeles (LA) is the “most crypto-friendly city in the United States.” Skynova surveyed close to 600 small business owners and top-level executives from the U.S. in order to get

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Bitcoin Drops $2K as China Declares Cryptocurrency-Related Business Illegal — CoinDesk

China renewed its crackdown on cryptocurrency trading and mining in the second quarter amid pilot testing of digital yuan. However, according to China journalist Colin Wu, the latest central bank statement is quite detailed and mentions tether (USDT) as illegal for the first time. Tether, the largest stablecoin per market

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Hedge Fund Brevan Howard Expands Crypto Business — Expert Hired to Lead New Digital Asset Unit – Finance Bitcoin News

Brevan Howard, a European hedge fund management company, has said it will be expanding its crypto business. BH Digital, which is the hedge fund’s recently created unit, is expected to “manage its cryptocurrency and digital assets.” Growing Interest in Crypto From Hedge Funds In addition to creating BH Digital, Brevan Howard, according

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Singapore’s Largest Bank DBS Sees Rapid Growth in Crypto Business, Robust Demand From Investors – Exchanges Bitcoin News

DBS Group Holdings, the largest bank in Singapore and Southeast Asia, says its crypto business is “growing very rapidly.” The bank’s digital asset trading platform expects to double the number of members by year-end. Singapore’s DBS Expects Substantial Growth in Crypto Business DBS’s senior executives said in an interview, published by Reuters

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Global Shipping Business Network’s New Blockchain Platform Goes Live

Hong Kong-based Global Shipping Business Network (GSBN), a nonprofit consortium whose members handle one-third of all the shipping containers in the world, announced yesterday that its new blockchain platform for global trade has officially gone live. The platform, built in partnership with Oracle, Microsoft, AntChain and Alibaba Cloud, aims to

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Shop.com Announces Cryptocurrency Acceptance to ‘Kick off the Next Chapter’ of Business – Bitcoin News

This past weekend at the Market America Worldwide Shop.com 2021 International Convention (MAIC2021), the president of the e-commerce firm, Steve Ashley, announced Shop.com sites from around the world will be accepting cryptocurrencies via Bitpay. This means that bitcoin, ethereum, bitcoin cash, and several other digital assets can be used to

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