A Californian politician has become the first elected official to use cryptocurrency to purchase cannabis in the U.S. to advocate for cannabis tax remittances v...
Cannabis News
Cannabis is kind of narcotic substance produced from a plant by the same name. Cannabis is legalized in some countries and some states of the U.S. Bitcoin in the cannabis industry is a new way of making secure and anonymous payments. As drug trafficking is still outside the law, banks and other financial establishments don’t provide services for cannabis dealers. It is simple to buy cannabis online with Bitcoin or even use Bitcoin to buy cannabis seeds. Besides this, cannabis and Bitcoin are connected not only as being a payment method. There are many cannabis cryptocoins allowing to buy cannabis equal to one coin. Such altcoins have cannabis as a reserve, so they can be convenient to use not only as Bitcoin for cannabis, but for any other goods as well.
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Big Four auditing firm Deloitte has partnered with blockchain startup TruTrace to track cannabis using blockchain technology.
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Australian Securities Exchange-listed firm Security Matters has filed a patent application in the United States for a blockchain-based cannabis supply chain sys...
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Greek billionaire and television director Alki David and his Swiss consortium have launched cannabis-backed token SWX Coin.
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Eight people have been arrested for allegedly operating a money laundering scheme involving cryptocurrencies.
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The Hong Kong-listed blockchain investor plans to enter the cannabis market to counter the adverse impact of the crypto winter.
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California legislators have introduced a bill that would require the state to accept stablecoins from cannabis-related businesses seeking to pay their excise or...
- Analysis
How these non-traditional asset classes are using each other to break down barriers.
- Analysis
Just like adding .com in the 90s or more recently a cannabis theme, companies are profiting from the name ‘Blockchain’.
- Adoption
Legal marijuana industry is cash-only, leading to danger and high transaction costs. The digital currency Dash aims to change all that with new partnership.
- Sponsored
Marginalized and fragmented, the cannabis industry is set to get a mainstream makeover with Paragon Coin
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