Virgin Voyages accepts Bitcoin
- Sir Richard Branson’s cruise line, Virgin Voyages, now accepts Bitcoin as a payment option for bookings.
- Passengers can use Bitcoin to pay for cruises across its fleet, including its highly anticipated Annual Pass.
- Virgin Voyages’ Annual Pass is the first cruise product to accept cryptocurrency payments.
Donald Trump selects Paul Atkins as next US SEC chair
- US President-elect Donald Trump has nominated pro-crypto Paul Atkins to become the next chair of the US Securities and Exchange Commission (SEC).
- Atkins, a former SEC commissioner under President George W. Bush, has been a vocal supporter of the crypto industry.
- His selection signals a move towards crypto-friendly regulations in the industry.
Coinbase won’t work with anti-crypto law firms
- Coinbase CEO, Brian Armstrong, announced that the exchange won’t work with law firms that hire people who worked against the crypto industry during their time in government.
- Armstrong called it an “ethics violation” to work with firms that try to harm the industry without clear rules.
- This decision came after a law firm hired Gurbir S. Grewal, who previously served as the SEC’s enforcement head.
Michael Saylor urges Microsoft to accept Bitcoin
- CEO of MicroStrategy, Michael Saylor, urged Microsoft to adopt Bitcoin, calling it the best asset for companies.
- Saylor highlighted Bitcoin as the “greatest digital transformation of the 21st century” and essential for Microsoft’s growth.
- He emphasized the need for an asset without counterparty risk, which he believes Bitcoin provides.
Bitcoin hits over $100,000 for the first time
- On December 5, Bitcoin crossed the $100,000 mark for the first time, continuing its bull run since November.
- Factors contributing to this milestone include the nomination of pro-crypto Paul Atkins as the next US SEC chair.
- Ethereum also broke past $3,900, with analysts predicting a positive impact on altcoins.