Meet crypto candidates; Miami Mayor Candidate Francis Suarez Accepts Bitcoin
A recent survey conducted by the American Chamber of Commerce found that 90% of small businesses do not accept cryptocurrency as a form of payment. But one politician is bucking that trend by accepting bitcoin donations for his campaign.
Francis Suarez, mayoral candidate for Miami-Dade County, Florida, has announced that he will accept bitcoin donations to help fund his campaign. If elected, Suarez will become the first political candidate in the United States to accept cryptocurrency donations.
Suarez made the announcement Tuesday during a press conference at Miami International Airport's Marriott North hotel. He was joined by representatives from Blockchain Tech Corp., the company behind PayBitex, a recently launched crypto payment gateway platform designed specifically for merchants in Venezuela who are not access to international credit card networks due to sanctions imposed by the Trump administration on the institutional Venezuelan financial system.
The US Securities and Exchange Commission is yet to approve its first-ever Bitcoin Exchange Traded Fund (ETF) after rejecting several applications from different firms. The recent application from BlackRock is, however, expected to get approval due to its ETF track record.
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Stock markets have been on a rollercoaster ride, with bitcoin crashing and Ethereum soaring. The latest market news is that the US Securities and Exchange Commission (SEC) is inclined to approve several Ethereum futures ETFs.
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In 2023, Chub Cay became the first island in the Bahamas to accept Bitcoin as payment for accommodations and other services. The vision that led to this was realized by David Renaud, the general manager of Alva's Island Resort (Chub Cay).
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Binance Closes Deal on Malta License. Binance, the Hong Kong-based cryptocurrency exchange that recently made headlines after a large number of users experienced issues due to having a record high amount of trading volume on one of its trading pairs, has reportedly closed a deal with the Malta Financial Services Authority (MFSA).
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In the past decade, Bitcoin has evolved from a free software project to being one of the world's most valuable technologies. Many individuals have been instrumental in determining its development path, such as Nakamoto who originally penned the White Paper, or founders like Blockstream and Xapo who helped popularize Bitcoin adoption.
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One of the biggest cryptocurrencies in terms of volume, Shiba Inu, faced a significant traffic arrest Thursday evening. The reason for this? According to the cryptocurrency developer, a scaling issue caused by an unprecedented activity in the block-chain occurred after a single tick was made within one second. It's not clear yet what led to this new record.
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According to an unnamed source, the US Securities and Exchange Commission (SEC) is inclined to approve several Ethereum futures ETFs. Â The SEC has been weighing several such proposals since last year.
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The news comes shortly after Binance, as CoinJournal reported earlier this week, announced it was shutting down a Checkout-supported unit dubbed Binance Connect.
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Chub Cay, a private island in the Bahamas, is home to the first bitcoin-based membership program. Through a partnership with HyperPay and local tech company 8Bit, the resort will accept Bitcoin for all of its amenities — including accommodations, meals and more.
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In the same way that it is impossible to discuss the nuances of a coin such as Bitcoin without considering its broader relevance in terms of technological advancement, so too can we not accurately convey the broader significance of Wright's vision without examining his predictions.
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Before this week's price drop, which has been dubbed the double-digit correction by market observers, cryptocurrency fans had anticipated an increase from $1.7 million to $3 million. This would've marked a massive increase of over 7 million percent (making it one of largest jumps in history).
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ERCOT has asked households and businesses to voluntarily cut down their electricity consumption as the prices in Texas have crossed over the $5,000 mark. But how will this impact Bitcoin miners?
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Coinbase and other top crypto exchanges have been criticized by regulators across the world over their AML / KYC compliance processes. Just recently, Netherlands-based Bitstamp announced that it has “temporarily disabled†deposits to its accounts in Ecuador due to regulatory concerns.
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The development comes shortly after Binance, as CoinJournal reported earlier this week, announced it was shutting down a Checkout-supported unit dubbed Binance Connect. The regulated buy-and-sell platform supported crypto payments for businesses.
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Political issues are never black and white. As human beings, we operate in shades of gray. While many issues can be easily categorized, there are many others that are complex and require nuanced judgments. In this piece, I will demonstrate that single-issue voting has dangerous consequences for freedom of speech and an unobstructed market economy.
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XRP is a project that needs to take the world by storm and change the way people think about blockchain technology. However, right now, the major obstacles are regulatory issues and lack of interest.
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A man is not bound to obey any government that violates his natural rights, and overpowers him. Even if he is not allowed to resist or escape, he may not consent to be enslaved. The mere fact of the ballot in a government proves no such consent if it means compulsory taxes, forced labor, and denying men the right to pursue their trades and occupations.
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In an increasingly regulated world, it can be difficult to draw the line between freedom and government control. By harnessing collective action and decentralized systems, advocates for Bitcoin can bring about a brighter future for the currency that serves as an ideal paradigm for liberty-minded individuals.
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A cryptocurrency is an encrypted digital currency that can be used as an alternative to fiat money or centralized currency.
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TRON (TRX) has risen 78% in the past week, showing strength and potential for growth. However, TRON isn’t without problems. Rumors are circulating that Huobi exchange may collapse due to a lack of trust from investors as it has been accused of manipulating the market for its own gain.
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Optimism (OP) recently experienced a notable setback. As a matter of fact, the Optimism price fell by 6.1% in the weekly charts. While such price fluctuations are not uncommon, the dip highlights the challenges even innovative projects like Optimism can face in maintaining consistent upward momentum.
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A law banning cryptocurrency payments and imposing heavy penalties on those who use it was passed by the Kuwaiti parliament last week.
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Kuwaiti lawmakers have approved a new law banning cryptocurrency payments, and imposing heavy penalties on those who use it.
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The U.S. Securities and Exchange Commission (SEC) is a governmental agency responsible for guarding against fraud in the securities industry. Famed for its rigorous enforcement actions and litigation, the SEC has become an important regulatory body that all companies look to for economic guidance.
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The Securities and Exchange Commission (SEC) has been working hard to find ways to regulate the XRP ecosystem and they finally found a solution. They want to regulate the currency by having exchanges agree on how much they can withdraw.
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Worldcoin is a cryptocurrency based on the Ethereum blockchain that has been around since 2014. It has been used as a payment method for various services around the world and is one of the most popular cryptocurrencies in China. The migration to Ethereum 2.0 will provide more security and easier access for users.#ENDWRITE
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The US presidential election is officially underway as the first ballots were cast earlier this week. The candidates' elections accounts have already been opened and they have begun to accept donations through Bitcoin payments.
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