Japanese university debuts regional crypto payment for students and professors
Amid the coronavirus pandemic, the University of Aizu in Japan has embraced crypto payment as an alternative to making cashless transactions. The initiative is being powered by a newly developed regional digital currency formed through a partnership between the University and a local finance startup called Soramitsu Co. Students can pay for items using the […]
Milestone: Bitcoin ATMs nears 9,000, makes over 68% YoY increase
Bitcoin ATMs are being installed across the world at an increasing rate. The growing number of these machines shows how easier it has become for people to buy Bitcoin at convenient locations. Interestingly, there were only two Bitcoin ATMs as of October 2013; however, the number has surged to nearly 9,000 as of today. 8,936 […]
Bahamas cryptocurrency ready to protect against Category 5 hurricane
The Bahamas cryptocurrency project by the country’s central bank is all set to offer protection against a Category 5 hurricane. Sounds strange? Yes, now cryptocurrencies are set to battle it out with actual hurricanes and protect communities from natural disasters. Project Sand Dollar is the nation’s answer to the ongoing global CBDC trend. As per […]
24,000 Lithuania digital token launches next week as CBDC trial
The Euro Zone is set to experience another face of central bank-issued digital currency, following a recent announcement about the Lithuania digital token. The Baltic country is looking to secure its financial spot from the likes of Facebook, by proposing a digital coin which will be issued starting from next week. Euro Zone to see […]
Cashless casino ruling in Nevada opens up crypto options
The cashless casino is seen as a means to avoid handling chips or currency which can spread the virus. The larger part of the globe is still wracked in the throws of the Covid-19 pandemic. The world at large is trying the best to keep the gears running once more and have the world operating […]
COVID-19 payouts: can stablecoins replace cash as payout method?
“Can stablecoins replace cash?” is a question that confounds most world governments as they seriously consider the option of not using cash as a means of giving aids to citizens. It is no longer news that Coronavirus, which was first discovered in Wuhan, China, has spread to other parts of the world. The virus has decimated […]
Canada crypto community gets boost as skeptic Poloz exits
In what can be classed as a way forward, the Canada crypto community has gotten a boost after the country’s finance minister, Bill Morneau, appointed a new Bank of Canada governor. Tiff Macklem, the new governor, is to replace Stephen Poloz, who is known to be Bitcoin skeptic after calling the crypto trading a form […]
Is cash shortage preparing the ground for crypto adoption in Egypt?
Experts are wondering whether the crypto adoption in Egypt is set for a massive boost with the Egyptian Central Bank imposing limitations on daily withdrawals as the country faces severe cash crunch amid the growing fears of the coronavirus pandemic. It was a watershed moment for the cryptocurrency industry when the crypto adoption in Egypt […]
