First steps towards cannabis tax remittances via stablecoin in California as local politician buys cannabis using cryptocurrency
In California, cryptocurrency payments are making headway in the cannabis industry as Berkeley City Councilmember Ben Bartlett became the first elected official to purchase cannabis using a digital asset. On Tuesday, Bartlett utilized bitcoin cash (BCH) and Cred’s LBA token to facilitate the transaction at the Ohana Cannabis dispensary in Emeryville. Also Read: Bitmain Launches […]
The post California City Official Uses Bitcoin Cash to Purchase Cannabis appeared first on Bitcoin News.
Over the last 24 hours, cryptocurrency enthusiasts have been discussing a transaction that saw 94,000 BTC sent to an unknown wallet. The hoopla over the large transaction shows how things have changed significantly over the last decade. Back in cryptocurrency’s early days, between 2010-2012, large bitcoin transactions like this weren’t such a big deal and […]
The post Bitcoin’s Early Days: How Crypto’s Past Is Much Different Than the Present appeared first on Bitcoin News.
Blockchain startup TruTrace partnered with Big Four auditing firm Deloitte to track cannabis using blockchain tech
Publicly-listed firm Security Matters is trying to patent a blockchain supply chain solution for the cannabis industry
The opioid epidemic is the new devil Bitcoin is being blamed for inflaming, to be added to the already long list of heinous crimes crypto is supposedly responsible for, like terrorism, money laundering, and trafficking. While it’s painfully clear that the U.S. dollar is a much more common tool for these unethical and illicit activities, […]
The post The White House Just Blamed Bitcoin for America’s Opiate Crisis appeared first on Bitcoin News.
A couple based out of California has pleaded guilty to distributing drugs via a dark-web marketplace in exchange for cryptocurrencies
An Arizona startup is testing its stablecoin payments platform for the medical marijuana industry through the state’s fintech sandbox
Spanish law enforcement arrested eight people for allegedly operating a money laundering scheme involving cryptocurrencies
Hong Kong-listed blockchain investor Grandshores Technology plans to enter the medicinal and industrial cannabis market in a bid to counter the adverse impact of crypto winter