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As part of government efforts to get the digital yuan going, authorities in Shanghai will distribute $3 million worth of the central bank-issued currency among residents of Shanghai. The digital money will be dispersed through a lottery, a method that has already been implemented elsewhere in China. Lottery Winners to Get 350,000 Digital Red Envelopes […]Powered by WPeMatico
A city in the U.S. state of North Dakota has begun accepting cryptocurrencies for utility bill payments. The city’s finance director says, “We are the first municipality in the state of North Dakota, and the third in the nation, to offer this service.” City Government Accepts Crypto Payments The city of Williston in the U.S. […]Powered by WPeMatico
Zermatt, a municipality in Switzerland at the foot of the Matterhorn known for its ski resort, has started accepting bitcoin for government services. The Zermatt town hall now has a point-of-sale solution, installed by Zug-based Bitcoin Suisse, to accept the cryptocurrency. A spokesperson for the municipality has shared more details with news.Bitcoin.com. Also read: Dubai […]
The post Swiss Resort Town Zermatt Accepts Bitcoin for Government Services appeared first on Bitcoin News.
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A village in Japan has announced its decision to launch an initial coin offering in order to secure funds for creating a sustainable region. This will be the first time in Japan for a municipality to use a token sale to raise funds. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Local Government Launching […]
The post This Village Decided to Launch Japan’s First Municipal ICO appeared first on Bitcoin News.
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