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Brazilian Wine Club Now Accepts Bitcoin As Payment On Mobile App

Brazilian wine club known as Wine is accepting bitcoin as payment on its mobile application and hopes to extend functionality to desktop and mobile sites.

Russia’s Tax Authority: Let Bitcoin, Crypto Be Used In Foreign Trade

Russia’s Federal Tax Service proposed a change to the “On Digital Currency” legislation allowing entities to accept bitcoin as payment in foreign trade.

IMF Publishes Global Financial Stability Report Discussing Bitcoin

The International Monetary Fund published a report detailing how Bitcoin disrupts the world order, enables sovereignty amid sanctions, and demands regulatory action.

Silvergate Bank Saw Over $14 Billion in Bitcoin, Crypto Deposited In Q1 2022

Silvergate saw customers deposit an average of $14.7 billion worth of bitcoin and cryptocurrency to the firm’s platform during the first quarter of this year.

Allianz Chief Economic Advisor Predicts Bitcoin Going Higher Amid Inflation

Mohamed El-Erian, Chief Economic Advisor for Allianz, took an interview with CNBC to discuss the rising price of bitcoin, inflation rates, and possible recession.

Grayscale CEO: Spot Bitcoin ETF Is A Matter Of When, Not If

In an interview with CNBC, the CEO of Grayscale Investments argued that his company sees the approval of a spot bitcoin ETF as a matter of time.