Venezuelan Government Launches State Backed Crypto Remittance Platform
After imposing new tax regulations on incoming remittances, the Venezuelan government launched its own remittance platform. However, the only supported currencies, besides the Venezuelan Bolivar (VES), are Bitcoin and Litecoin. Migrant workers abroad can send...
Canada Revenue Agency Research: Bitcoin ATMs Increase Store Traffic
At the time of writing, over 4,300 Bitcoin ATMs are in service worldwide. Coin ATM Radar’s Crypto ATM gauge shows that 4.5 machines are installed on average every day, so people might wonder – what is driving Bitcoin ATMs installations? In a study commissioned...
Bitcoin Transactions Reaching All Time Highs
The amount of confirmed Bitcoin transactions have been steadily rising, reaching levels that were only seen during the cryptocurrency craze of late 2017, the data is available on blockchain.com. This is a clear sign that Bitcoin and blockchain technology adoption is...