Swiss City Lugano to Accept Bitcoin, Tether for Tax Payments
The Swiss city of Lugano has made it legal to pay taxes and municipal services with cryptocurrencies, such as Tether and Bitcoin. Due to Lugano’s decision, automated payments can be made through Bitcoin Suisse, a Swiss institutional-grade cryptocurrency platform. With this new method, residents and businesses can use cryptocurrency to pay any amount for local […]
Nova Labs Expands Mobile Phone Tie-In Nationwide
After a successful test in Miami, Nova Labs is utilizing blockchain technology and T-cell’s network to provide a $20 monthly cell plan across the country. Bloomberg claims that the service, unique in that it combines telecoms and blockchain technologies, provides an unlimited text, call, and data package. The company announced its foray into the telecom […]
Pando Asset Joins Bitcoin Spot ETF Race
Swiss asset management Pando was revealed as an official contender for a US spot Bitcoin ETF in a piece published by Bloomberg Intelligence analyst James Seyffart on December 5. Pando filed a 19b-4 with the Chicago Board Options Exchange (CBOE). Seyffart claims that there are now 13 possible issuers with the new filling. The announcement, […]
New Jersey Bill to Treat Crypto Sold to Institutional Investors as Security
According to state law, the New Jersey General Assembly may contemplate a bill defining when a digital asset or “virtual currency” qualifies as a security. New Jersey would classify as securities all virtual currencies issued and sold to institutional investors, according to legislation introduced on November 29 by Democratic Assemblymember Herb Conaway, Jr. According to […]
Bitcoin Custodian Nostr Assets Pauses Deposits
Bitcoin infrastructure developer Nostr Assets has paused deposits following record-high user activity. The cryptocurrency community has taken notice of a recent announcement by Bitcoin custodian Nostr Assets, which states that it will temporarily suspend the acceptance of new deposits. This action follows an unheard-of spike in user engagement and a divisive accusation from a prominent […]