Now you’ll be able to spend your whole crypto wallet at Whole Foods, and soon you may be able to bid on CryptoKitties at eBay. Growing adoption of cryptocurrency payments by mainstream companies was the big theme that emerged on the first day of Coindesk’s Consensus 2019 conference in New York on May 13. The Winklevoss twins’ Gemini announced that major retailers—ranging from Whole Foods to Nordstrom’s—were accepting crypto payments. Meanwhile, online marketplace eBay teased it may soon take virtual currencies with ads and a show sponsorship.
As Tether customers pull money out, it wants some of its remaining dollars to be put to use instead of sitting in a bank, according to its attorneys.
The Securities and Exchange Commission’s Division of Corporation Finance Wednesday issued its first “no-action” letter informing a would-be ICO producer that it did not consider its tokens securities and would not recommend enforcement action against it for proceeding with the sale.