Crypto Trader XBTOI Snags Bermuda License

Global crypto finance firm XBTO International (XBTOI) has gained legal status in Bermuda. XBTOI acquired a Bermuda Monetary Authority License under the island’s 2018 Digital Asset Business Act according to a statement. Moving to Bermuda in April 2018, XBTOI is the third firm to receive a license from the regulator to…

Perverse Outcomes: FATF, Bitcoin and Financial Exclusion

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. In last week’s column — my third on Libra — I…

Bitcoin-Rewards App Lolli Expands to 900 Retail Locations

Online shopping app Lolli is on a growth tear, expanding off the web and into 900 retail locations. Company CEO Alex Adelman announced the partnership with Albertson’s subsidiary Safeway in an interview with Yahoo! Finance on Thursday. The expansion enables users to order groceries, beauty products, or pharmacy items online at Safeway.com for pick-up. “We saw…