Quick weekly news:
- Cuba´s BCC issues cryptocurrency-related resolution: Read more here
- 200 smart contracts on Cardano... but there’s a catch: Read more here
- Cuba´s BCC issues cryptocurrency-related resolution: Read more here
Other notable events include:
- Binance to abandon decentralized HQ concept
- AMC Theaters will support ETH, LTC, BCH
Binance to abandon decentralized HQ concept
Binance is ready to abandon its long-held "decentralized headquarters" narrative as it faces global regulatory headwinds.
In a South China Morning Post TV interview, Binance co-founder and CEO CZ said as follows:
"Four years ago, when we started it, we wanted to embrace the decentralized model, so we wanted to have decentralized teams everywhere. But we do run one centralized exchange, which is the biggest part of our business. Now we have come to realize that for the regulators, we need to be centralized."
CZ suggested that telling regulators they have no headquarters could put Binance in a negative light and added that regulators don't know how to work with them, so sometimes they consider Binance as dodgy.
AMC Theaters will support ETH, LTC, BCH
The CEO of the AMC Theaters, Adam Aron, said that they will accept not only BTC but also Ethereum, Litecoin, and Bitcoin Cash for online ticket and concession payments by year-end 2021.
“You likely know [that] AMC has announced [this]: we will accept Bitcoin for online ticket and concession payments by year-end 2021. I can confirm today that when we do so, we also expect that we will similarly accept Ethereum, Litecoin and Bitcoin Cash,” said Aron.
AMC is the first cinema chain to take such a step. This is due to the company's attempts to increase sales amid the pandemic.
Also, be sure to check out top altcoin gainers and losers of the week ⬇️
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