RINO - A multi-signature based enterprise wallet, free for first year of use. RINO is the only enterprise wallet for Monero that has multi-signature security. Designed for teams and organizations, RINO provides features such as spending limits and four-eye approvals. Monero is the number one privacy-focused cryptocurrency in the world. While Bitcoin and Ethereum reveal every transaction to the world, Monero’s unique cryptography provides the privacy that traditional pre-crypto finance takes for granted. Businesses do not, in general, want…
Legal Tender
Bitcoin To Become De Facto Legal Tender In Lugano, Switzerland
It’s not just El Salvador. Lugano – an Italian-speaking city in southern Switzerland – has now confirmed plans to make Bitcoin legal tender. Not technically, however. The city’s infrastructure and laws surrounding Bitcoin will simply allow it to serve all functions that fiat money can. As a result, it could become a ‘de facto’ currency. Another Bitcoin Focused Economy The city’s adoption plans were detailed during “Lugano’s Plan B,” presented by city director Pietro Poretti, mayor Michele Foletti, and Tether…
2 years ago 
1.7 k views
Bitcoin Legal Tender Bill Proposed In Arizona
That was quick: it looks like one American politician is already trying to get her state on a Bitcoin standard. Senator Wendy Rogers recently introduced a bill to give Bitcoin legal tender status in Arizona. If it will pass, this would mark the first U.S. state to recognize Bitcoin as a currency, following in El Salvador’s footsteps. Could Bitcoin be Legal Tender in AZ? The bill has already been posted for some time and underwent its first reading by the…
2 years ago 1.9 k views
El Salvador Officially Makes BTC a Legal Tender As the Crypto World Watches Anxiously
El Salvador is officially the first country to adopt bitcoin as legal tender. The president, Nayib Bukele, commented that the move would see the majority of its citizens access bank services for the first time. Besides, it will save over $400 million in fees on remittances sent home from overseas. Last year alone, remittances to El Salvador came to close to $600 billion. It represents about 23% of its total gross domestic product. It makes it one of the highest…
2 years ago 1.2 k views
Are There Any Setbacks for Making Bitcoin a Legal Tender?
El Salvador is the first country globally to make Bitcoin a legal tender, despite the coin's enormous popularity. Yet, surprisingly, countries like China are openly against Bitcoin becoming a legal tender. Bitcoin's ultimate goal is to become a globally accepted financial system that could allow the exchange of goods and services, i.e., legal tender. However, the journey to Bitcoin becoming a legal tender continues to face a myriad of regulatory issues. In the United States, The Financial Crimes Enforcement Network…
2 years ago 905 views
OTC Desk Outflows Surge after El Salvador Adopts Bitcoin as Legal Tender
El Salvador made headlines this week after it became the first country in the world to declare bitcoin as legal tender. The Central American country's congress passed the bitcoin bill proposed by President Nayib Bukele on Thursday by a "supermajority''. The BTC price rose shortly after the vote, climbing 5% to $34,239. Following the ratification of El Salvador's bill into law, volume outflows from bitcoin OTC desks, a solid indicator of institutional buy interest, have been surging. The data below…
2 years ago 1.1 k views
