Iran to allow businesses use Bitcoin for International payment settlements

There is a known fact that Iran’s native currency has not been doing well from past few years. This is chiefly due to sanctions imposed on it. Central Bank of Iran has come up with a brilliant idea that will allow local businesses to make use of bitcoin and other cryptocurrencies to settle payments to foreign partners.

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Guggenheim Macro Opportunities Fund wants Bitcoin exposure

Guggenheim is a $5 billion Macro Opportunities fund that wants Bitcoin exposure. On Friday, 27th November 2020, Guggenheim filed an SEC amendment allowing them to invest up to 10 percent of their fund in GBTC. GBTC is offered by Grayscale that allows any fund or company to hold bitcoin on their balance sheet without actually buying one.

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CEX.io to support Bitcoin Cash Hard Fork – Bitcoin Cash ABC (BCHA) and Bitcoin Cash Node (BCHN)

On November 15, 2020 the Bitcoin Cash network is scheduled to have a hard fork. It’s likely the current blockchain will split into two: Bitcoin Cash ABC (BCHA) and Bitcoin Cash Node (BCHN). This hard fork may result in the creation of an additional token.

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