For Floridians, the expansion makes buying bitcoin with cash as simple as visiting their local grocery store.“Our team has been working with state regulators in an effort to launch Coinme on Coinstar kiosks throughout the state, and we are thrilled to secure a license to offer a cash onramp to purchasing bitcoin to the residents of Florida,” said Neil Bergquist, co-founder and CEO of Coinme.
Founded in 2014 with the simple belief that buying digital currencies should be easy and accessible to everyone, today Coinme powers nearly 6,000 physical locations to buy and sell bitcoin using cash through a partnership with Coinstar.
In his latest annual letter to shareholders, JPMorgan Chase CEO Jamie Dimon offered thoughts on how the US economy will boom after the pandemic thanks to excess savings, huge deficit spending, a new potential infrastructure bill, and the success of Covid-19 vaccinations.
Federal Reserve is expected to release the minutes from its most recent monetary policy meeting later on Wednesday, which will be parsed for any changes in its economic outlook and clues as to when it expects to tighten its accommodative stance.
The S&P 500 and the Dow reached record levels with the CBOE volatility index retreating to pre-pandemic lows, driven by fiscal stimulus packages and swift COVID-19 vaccinations in the United States that led to blowout employment as well as service sector reports for March.
In India, state-run refiners are looking to buy less crude from Saudi Arabia as demand in the Asian nation is poised to dip amid a resurgence of Covid-19, and relations between the two countries sour over prices.“With supply-side support dwindled, marginal price action in oil markets will now shift to demand dynamics, without as much of a safety blanket from the supply side,” TD Securities commodity strategists led by Bart Melek said in a note.
India’s richest state Maharashtra, that houses the financial hub Mumbai, has ordered company employees to work from home and has also shut shopping malls.“Markets are nervous due to the worsening Covid situation in India, and talks of lockdowns potentially becoming nationwide, and more prolonged rather than what is just announced in Maharashtra, said Unnati Parekh, head of currency derivatives at Kanji Pitamber & Co.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Barron’s, however, wanted to zero in on the Aristocrats with the fastest-growing dividends over that time.