Bitcoin ATMs are becoming illegal in the UK, warned the FCA, saying they all need to be shut down. Stripe is integrating fiat payment support for cryptos and NFTs , partnering with FTX this should bring crypto to new heights of mainstream cryptocurrency. Since still one of the biggest issues in cryptocurrency is the barrier to entry / spending.
The Gentlemen of Crypto is a daily live cryptocurrency podcast that broadcasts on YouTube. Isaiah Jackson and King Bless provide cryptocurrency analysis across a variety of blockchain news stories.
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UK FCA orders bitcoin ATM operators to shutdown: 3:06
- The U.K.’s Financial Conduct Authority (FCA) has warned that any crypto ATMs operating in the country are illegal and must be shut down.
- As of March 7, 106 firms have applied for registration with the FCA to offer crypto services. Of those, 27 are now fully registered with 56 refused or having withdrawn their application.
Stripe integrates fiat payment support for crypto and NFTs: 6:31
- launched a service that enables payments for NFTs and digital assets via fiat currency.
- FTX’s head of strategy Tristan Yver emphasized that the deal will help the firm attract a broader mainstream audience by making it more straightforward for users to purchase crypto assets
- Stripe initially rolled out Bitcoin (BTC) support back in 2014 but reversed the decision four years later due to the network’s slow transaction speeds and fees at the time.
Chainanalysis accelerates the launch of their snitching tool: 26:48
- launch of two sanctions screening tools to help provide greater regulatory oversight to exchanges and DeFi projects.
- It validates whether or not a cryptocurrency wallet address has been included in a sanctions designation
New World Monetary Order: 37:40
Bonus: https://thegentlemenofcrypto.com/blog/solana-crypto-beginners-guide/
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