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.
The City of Richmond Hill in Canada, will start accepting the world’s leading virtual currency by market capitalization Bitcoin as a means of payment for property taxes from inhabitants and businesses, The Block reports.
The Italian financial regulator strongly warned against two unlicensed cryptocurrency firms, which are involved in schemes to motivate crypto investors to mine or invest in digital currencies. The financial regulator began collecting information about these two platforms after getting several complaints related to them. A One Richmond Investing, an FX broker, also didn't survive being blacklisted by La Commissione Nazionale per le società e la Borsa (CONSOB). CONSOB's key activity is safeguarding the investing public.