PICK N PAY GROCERY STORE ACCEPTING BITCOIN

in Tron Fan Club2 years ago (edited)

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Kraken has been banned from offering staking for all US consumers. After the warning from Coinbase CEO, we get this news that the SEC has charged Kraken exchange for offering registering unregistered security and forcing them to pay a 30 million dollar fine and to shut down crypto staking services. Of course, it is better to stake your coin in your own wallet them an exchange. The truth is that decentralized services do fill a very big gap in the market. Kraken got hit, so we can assume that other major U.S. exchanges like Coinbase are also going to be targeted in this situation.

The reason that SEC gave is that staking is too close to lending which is not even remotely true. The head of the SEC knows this because the teaches blockchain at MIT. The SEC also argues that Kraken should have registered its services with the SEC but the process to register with the SEC is impossible under the current framework. Not is ever good enough for the SEC, it is why America has no Bitcoin ETF, unlike other countries. The SEC regulatory strategies, it hurts everyday American must be leaving them in the dust. A crackdown on legit crypto services in the USA set the industry back in the USA. Time after time, regulators have ignored the big obvious fraud in the industry and done after legitimate companies offer crypto services.


Bitcoin adoption is growing, it just had its best January since 2013 which shows that despite the mainstream media claim that Bitcoin is dead again. Bitcoin also saw 620k wallets holding 0.1 since the recent rally on 13th January. Bitcoin lightning network has reached a new all-time high of Bitcoin locked up in payment channels with over 5,490 BTC currently there. Bitcoin continues to be adopted as a method of payment, Pick and Pay which is a grocery store is now accepting Bitcoin in 1628 stores across South Africa.


The Ethereum network continues to get ready for the Shanghai hard fork. This time Lido finance has unveiled its plan for the V2 upgrade. The upgrade is going to feature 2 big updates for Lido which are going to enable stake ETH withdrawal and introduce the new staking router architecture. It is the staking router that will allow Lido finance to offer so much more utility to the average user. The Ethereum hard fork is planned for sometime in March assuming all the testnet continue to go well as they have been.

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That's a very good news that now it is grocery stores are accepting Bitcoins payment or Crypto payments. Cryptocurrency is the future of Modern era. I think it's a future proof for every country to accept payment in crypto.

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