The U.S. Marshals Service is auctioning roughly $40 million in bitcoin, CoinDesk reported on Monday (Feb. 3). The auction of 4,040 confiscated bitcoin — worth $37.7 million at press time — is for people who are registered to bid by Feb. 12. This is the first...
Denis Pitcher, chief FinTech advisor to the Premier of Bermuda, told CoinDesk on Sunday (Feb. 2) that he is planning to introduce a platform that will let the island’s residents pay for government services using digital currency. He said by having the government take the...
Zap CEO Jack Mallers told Coindesk on Thursday (Jan. 30) his latest lightning wallet upgrade is a U.S. dollar clearing system that tackles numerous issues that the current cryptocurrency payment options have. Mallers said this dollar-denominated front end is situated to attract “normies” into the...
Zermatt, a ski resort town of 5,400 residents in Switzerland, has decreed that cryptocurrency bitcoin can now be utilized to pay taxes and other government services, Bloomberg reported. Mayor Romy Biner-Hauser confirmed that her residents can now pay for an array of traditional government services...
Swiss company Overfuture has been approved to incorporate for an initial public offering (IPO) that offers tokenized shares on a blockchain, according to a report Wednesday (Jan. 29) by Coindesk. The company’s articles of incorporation reference “the digital nature of the shares (tokens) and the...
Bitcoin prices, trading and shopping are down but criminal activity involving the cryptocurrency is at an all-time high, the New York Times (NYT) reported on Tuesday (Jan. 28). Drug sales on the dark web are particularly high, up 60 percent and hitting $601 million from...
The National Institute for Smart Governance (NISG) in India has published a report recommending that laws around blockchain should be based on what the technology does, and not the technology itself, according to a report Tuesday (Jan. 28) by The Economic Times. The National e-Governance...
Ukraine’s financial watchdog has announced that it will monitor transactions that exceed $1,200, said Oksana Makarova, the head of the country’s Ministry of Finance, according to a Monday (Jan. 27) report by Coindesk. A new law passed includes crypto as something to be monitored. “If...
The U.K.’s Lancashire Cricket Club is now selling tickets for all domestic and international fixtures at Emirates Old Trafford in 2020 through a blockchain-based platform, according to the Ticketing Business on Friday (Jan. 24). Teaming up with blockchain mobile ticketing platform TIXnGO, the move follows...
