The yield comes from the staking of the city’s own cryptocurrency, MiamiCoin, which was introduced early this year and has already earned over $21 million in the past three months for Miami. Suarez noted that if you were to annualize that revenue, it would equal roughly one-fifth of Miami’s total annual tax revenue of $400 million. Source link … [Read more...] about Miami to Give ‘Bitcoin Yield’ From MiamiCoin to Its Citizens
Citizens
United Citizens Organization launches as a blockchain initiative at COP26
Speaking at a COP26 press conference in Glasgow, Scotland on Wednesday, a panoply of experts from the tech-environmental sector spoke to global citizens across the world about improving coordination and support for climate action with blockchain technology.The GloCha United Citizens Organization for Action for Climate Empowerment has been launched at COP26 as a blockchain-based … [Read more...] about United Citizens Organization launches as a blockchain initiative at COP26
Survey finds most El Salvador citizens are skeptical of making BTC legal tender
According to a newly released survey, up to three-quarters of Salvadorans are skeptical over President Nayib Bukele’s Bitcoin adoption plans.The survey, which polled 1,233 people across El Salvador between July 1 and 4, revealed that only 20% approved of the plan to make Bitcoin legal tenderThe survey, which has a margin of error of 2.8%, was conducted by researcher Disruptiva, … [Read more...] about Survey finds most El Salvador citizens are skeptical of making BTC legal tender
Argentina’s central bank is asking citizens to disclose their Bitcoin
The Central Bank of Argentina is asking local banks to scrutinize clients that hold Bitcoin and other cryptocurrencies and engage in business or trading activities using the assets, local news reports from last week showed.Argentina's Central Bank (the one with 50% annual inflation) is requesting banks to complete a sheet to identify clients known to have, trade or do payments … [Read more...] about Argentina’s central bank is asking citizens to disclose their Bitcoin