Jackson, Tennessee adds Bitcoin as a city payroll conversion option A report from Jackson News claims that the city is working on making it an option for employees to receive payment in Bitcoin. This change can happen as early as in the first few months of 2022. Miami is the only other U.S. city that is in a similar position to add Bitcoin to their payroll. However, at the current rate it seems Jackson will be the first city to do so. This news is much needed after a rocky couple of weeks for Bitcoin. In the months of November and December, the digitized asset saw dips in price and…
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Must-reads for Nov. 8, 2018: Getting shaky, getting stable, getting tracked, getting beamed up, and getting Gooped
These are the crypto stories you should be following today
Tether’s New Bank Has Been Named in Two Global Bribery Cases (Breaker) Another day, another “Tether has a problem” story. This time, it has to do with the stablecoin’s new bank, Deltec. Some bribe money that was paid to a Venezuelan government official ended up there (and at another Bahamian bank, Ansbacher), according to an investigation. “Neither bank has been accused of complicity in the bribery or other corruption. However, the findings highlight what may be systemic deficiencies in Bahamian banking regulation. The Bahamas was recently added to the list of nations with deficient anti-money laundering practices maintained by the Financial Action Task Force, an international initiative anti-money laundering initiative,” writes Breaker’s David…
