Aug 07, 2019 at 14:37
News
Regulators are Suspicious About Facebook’s Libra Network
The Office of the Australian Info Commissioner (OAIC) released a statement on Tuesday showing that it has joined other privacy regulators from different parts of the world I’m calling for more info about Facebook’s Libra Network. OAIC and other regulators including United Kingdom Info Commissioner’s Office (ICO), the European Union, the United States, Albania, Canada and Burkina Faso, want to know more about Facebook's information protection framework for its private cryptocurrency dubbed Libra that is expected to be launched in the first quarter (Q1) of 2020.
Jul 24, 2019 at 12:10
News
Canada: Richmond Hill Now Accepts Bitcoin Tax Payments
A city with over 200,000 people located in the south-central York Region, Ontario, Canada, Richmond Hill has joined other cities including Innisfil in accepting Bitcoin (BTC) payments from its residents. Now, all residents residing in these cities will be able to pay every kind of property taxes using cryptocurrencies especially Bitcoin, the globe’s top digital asset by market cap.
May 04, 2019 at 11:44
News
Central Bank Experiment: Blockchain for Cross-Border Payments
The Monetary Authority of Singapore (MAS), in collaboration with the Central Bank of Canada (BoC), experimented with making cross-border (international) financial payments using blockchain technology and CBDC, a digital fiat money created under the government’s regulation. This initiative will help increase payment efficiencies.
Apr 05, 2019 at 11:30
News
Canada Accepts Payments Using Bitcoin & Other Cryptos
A recent voting exercise that took place in the town of Innisfil, Canada, resulted into the beginning of a pilot project which allows paying taxes for property using cryptocurrencies such as Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin and others, and this will work for around 12 months.