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Crypto.com Visa Card users can start earning the exclusive rebates by meeting conditions such as locking up their CRO and upgrading the card to a higher tier. Reimbursements will range from $40 to $20,000 on Apple product purchases. Promotion period is from March 7, 2024 to April 2, 2024. Crypto.com has announced a limited-time promotion that will see users with the Crypto.com Visa Card get up to 100% in reimbursement when they purchase Apple products. The crypto exchange revealed the promo on Thursday, March 7, 2024, noting that the campaign will run until April 2, 2024. Crypto.com Visa Card users can get up to $20k in rebates According to the announcement, Crypto.com App users who upgrade their Crypto.com Visa Card or meet set conditions with regard to their CRO Net Buy will be eligible for the rebate . This offer is also open to new users who apply for a card and meet the requirements. The amount reimbursed will depend on the card tier and the Ap...

Former executives of Citi group Inc. will offer Bitcoin (BTC)-backed securities . According to a Bloomberg report published on Jan. 4 former Citigroup executives will offer BTC-backed securities that they say do not need approval from US regulators. The brazen move will see the issuer startup what is known as a “Receipts Depositary Corporation, or RDC. The securities will be Bitcoin Depositary Receipts that function similar to American Depositary Receipts representing foreign stocks. According to the company, the BTC DR offering will provide institutions with access to securities through the US regulated market infrastructure and will be cleared through Depository Trust Co. The key difference from a Bitcoin ETF will be that depositary receipts offer direct ownership of BTC to qualified institutions, which RDC says will be the first of its kind to do so. You might also like: Survey: Approval of Bitcoin ETF could boost investment from non-crypto users According to the is...

The Institute of Electrical and Electronics Engineers is adopting Avalanche blockchain to issue secure, tamper-proof certificates in India, enhancing digital credentialing. This initiative, as reported by CoinTelegraph, partnering with Zupple Labs to use Avalanche blockchain , represents a pivotal step in digital credentialing, aiming to offer tamper-proof, instantly verifiable certificates. “Utilizing Avalanche’s C-Chain, primarily for its compatibility with the Ethereum Virtual Machine, the IEEE demonstrates a forward-thinking approach in adapting blockchain technology. The choice of Avalanche (AVAX), endorsed by entities like SK Planet and JP Morgan Onyx, hinges on its capacity for ensuring the immutability, longevity, and security of the certificates.” Head of Avalache’s India arm Devika Mittal You might also like: Avalanche MOM volume up 167% as L1 networks record growth This decision, as explained by Mittal, also simplifies the deployment of appl...

Crypto exchange Coinbase has received the green light from the National Futures Association (NFA) to offer crypto futures to eligible customers in the US.  The company’s subsidiary, Coinbase Financial Markets Inc., will operate as a futures commission merchant (FCM) and offer access to crypto futures from its platforms.  The approval , described as a “critical milestone” by Greg Tusar, Coinbase’s vice president of institutional product, allows the exchange to directly offer traditional spot crypto trading alongside regulated and leveraged crypto futures for verified customers. Tusar also emphasized that the global crypto derivatives market accounts for roughly 75% of crypto trading volume worldwide, making it a vital access point for traders. You might also like: Coinbase launches Stand With Crypto alliance Coinbase’s move into the futures market began with the acquisition of FairX, now known as the Coinbase Derivatives Exchange, last...