Dominica

Crypto adoption on Dominica: Tron official currency

Dominica Crypto Adoption Happens! The small island nation appoints Tron as the country’s official currency AND blockchain . Various tokens are also given official tender status. Other elements also make the country interesting for crypto enthusiasts. Tron (TRX) and other tokens official means of payment on Dominica Dominica is a small island nation in the Caribbean. 72,000 people populate the island with an…

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UK

UK authorities do not store user data from non-hosted crypto wallets

However, the UK government has reserved the right to monitor wallet transactions that authorities deem high-risk. Most customers who use crypto assets for legitimate reasons use the non-hosted wallets for customization purposes. The UK government has decided not to collect user data from non-hosted crypto wallets. According to the issued guidelines, non-hosted crypto wallets are not…

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Chivo

El Salvador’s Digital Bitcoin Wallet Chivo Removes Key Pricing Feature

El Salvador’s digital Bitcoin wallet Chivo removed a pricing feature that allowed users to make quick profits on trades. The Latin American nation’s Chivo wallet had planned to remove a feature that freezes Bitcoin’s price for one minute before confirming a trade. The feature allows users to check pricing on other cryptocurrency exchanges and decide whether to buy or…

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Western Union

Western Union Counts its Losses in Advance as El Salvador Bitcoin Era Begins

Western Union and the majority of money service providers operating in El Salvador may lose their grip in the country as the new Bitcoin era becomes entrenched. CNBC reported, citing El Salvadorans living in the diaspora, there is an excitement about the potential reduction in remittance fees being passed on by companies like Western Union onto their customers….

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