Binance allows European customers to transfer their stock tokens to another company
After Binance shut down its stock token service without warning in July, customers of the cryptocurrency exchange in Europe can now transfer their tokenized stocks to another company. Customers in the European Economic Area and Switzerland can now transfer tokenized stock from Binance to CM-Equity AG, a German investment business with which Binance collaborated to […]
New Zealand Launches Its First Bitcoin-Only Investment Fund
Vault International Bitcoin Fund was the first cryptocurrency fund in New Zealand to focus only on the digital currency. According to a recent local article, Vault Digital Funds has launched the Vault International Bitcoin Fund for New Zealand investors . They would be able to add the asset class to their portfolio without needing to […]
Miami Mayor Francis Suarez addresses the potential of cryptocurrency in government in the future
The mayor has also previously stated that the city will not require “private sector philanthropy” to function properly. According to Miami Mayor Francis Suarez , who turned to Twitter to celebrate the success of MiamiCoin Wallet, which had earned one million dollars in a single day and had a balance that exceeded $9 million at […]
Nigeria’s eNaira CBDC rollout receives approval from the Federal High Court
The Federal High Court of Nigeria has approved the use of a central bank digital currency (CBDC) as legal tender. eNaira will continue to circulate alongside its fiat counterpart. According to a report by Voice of Nigeria, Nigeria’s CBDC issue clearance was revealed in a federal court hearing on Oct. 2 presided by Justice Taiwo […]
El Salvador announces a fuel subsidy of $0.20 per gallon to consumers who pay in BTC
As measures put in place to help spread its “Bitcoin gospel”, El Salvador’s President Nayib Bukele has announced a $0.20 per gallon cut in fuel costs for those who pay with the government-backed Bitcoin wallet Chivo. On September 30, the president announced the subsidy through Twitter, calling it “good news for Salvadorans’ pockets.” Bukele said, […]