Tether scales crypto payments in Eastern Europe with new investment
The new investment aims to strengthen CityPay.io’s expansion into Eastern Europe, specifically into Georgia, Armenia, Azerbaijan, Kazakhstan and Uzbekistan. Go to Source
Georgia
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States’ backlash against Binance.US continues with 6th license pulled
Oregon joins five other states that have delicensed Binance.US after former Binance CEO Changpeng Zhao pleaded guilty to felony charges. Go to Source
Turkey tops the world in stablecoin buying share vs. GDP
Stablecoin purchases in Turkey amount to 4.3% of GDP, the highest among global economies, according to Chainalysis. Go to Source
Ripple to power Georgia’s central bank digital currency, the digital Lari
The National Bank of Georgia will use the CBDC platform to assess Digital Lari’s benefits for the government, businesses, and retail users. Go to Source
CleanSpark’s Bitcoin mining capacity hits 8 EH/s as new facility goes live
The Bitcoin mining company kicked off the second phase of its mining campus in Georgia, gearing up for the next Bitcoin halving. Go to Source Powered by WPeMatico
Tether signs MoU with Georgia to develop Bitcoin P2P infrastructure
The collaboration intends to bring changes to public administration and the business sector. Go to Source Powered by WPeMatico
Georgian central bank to launch AML probe into crypto firms
The National Bank of Georgia will launch mandatory supervision of virtual asset service providers starting from Sept. 1, 2023. Go to Source Powered by WPeMatico
Georgian vendors get crypto payments option with new partnership
Georgian merchants accept crypto payments through a partnership between Gate Pay and CityPay.io, connecting users to the benefits of crypto services. Go to Source Powered by WPeMatico
Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet
On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per second (EH/s) of computational power to the company’s current 6.7 EH/s. Cleanspark Acquires 45,000 Bitmain Antminers for $144.9 … Read more
Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard
On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should return to the “gold standard” and said she’s taking a “hard pass” on digital … Read more
