Investors can now purchase cryptocurrencies using Venmo
CBSN
More than 70 million users of the payment app Venmo can now purchase Bitcoin, Litecoin and Ethereum, marking another step toward providing investors with mainstream access to cryptocurrencies.
Venmo's cryptocurrency feature went live for some users on Wednesday and will be available to more people in coming weeks, the PayPal-owned company said. The feature also includes a tutorial for buying cryptocurrencies and video explanations of the crypto craze. Venmo added the explainers because the company wanted to create a platform that "demystifies some of the common questions and misconceptions that consumers may have," general manager Darrell Esch said in a statement.Actor Richard Dreyfuss is facing backlash for allegedly sharing remarks that audience members found sexist, homophobic and generally offensive at a Q&A event over the weekend tied to a Massachusetts theater's screening of "Jaws." Dreyfuss starred in the 1975 blockbuster that was filmed in Massachusetts and screened Saturday night at The Cabot, a performing arts center in the coastal community of Beverly.
Another American who was arrested in the Turks and Caicos Islands for possessing ammunition was sentenced to time served and a $9,000 fine on Tuesday, local media reported. Tyler Wenrich was facing a potential mandatory minimum sentence of 12 years in prison for ammunition charges in the British territory.