Packed your Bitcoin? A BTC holiday in Costa Rica goes fiat free
A Bitcoiner in Costa Rica had a “win-win” experience when he went on holiday and only spent Satoshis (Bitcoin) while traveling along the pacific coast. Passport, sunglasses, beach towel and Bitcoin (BTC)? A BTC enthusiast on vacation demonstrated that the world’s largest cryptocurrency could soon become a holiday essential. Eugenio, a Costa Rican Bitcoin maximalist, paid his way on holiday with just Bitcoin in his wallet during a long weekend on Costa Rica’s Pacific coast.A hotspot for Bitcoin adoption and real-life whale spotting, the towns of Uvita, Dominical and Ojochal are home to....
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Costa Rica could be one of the next countries to adopt bitcoin as a regulated payment method. This week, Congresswoman Johana Obando introduced a bill to allow bitcoin and other cryptocurrencies to serve as a form of payment. The bill also proposes that traditional banking institutions be able to serve as crypto exchanges, including custody and wallet services for their customers. Costa Rica to Regulate Cryptocurrency Costa Rica could be on the path to integrating bitcoin as part of its economy. This week, congresswoman Johana Obando introduced a bill that seeks to approve bitcoin and....
Liberty Reserve, a Costa Rica-based private currency exchange with its own digital currency, has shut down around the same time its founder has been arrested in connection with a money laundering investigation. Arthur Budovsky, the exchange's founder, was arrested Friday in Spain, according to the Costa Rican newspaper The Tico Times. The paper reported that the money laundering investigation was a joint operation between authorities in the US and Costa Rica. (This YouTube video, posted Saturday, features a Costa Rican prosecutor discussing the investigation.) It added that US authorities....
This amazing painting comes to our attention via /u/coolboy666 of Reddit. Check out the original thread here. I wish that I could purchase this painting myself, but it seems it already has an owner. If the buyer, seller, or artist would like to step forward and provide any further information, please comment. Have a cryptic day, mis amigos. Recently sighted in a Hotel in Costa Rica
Liberty Reserve, one of the more popular alternative payment processors for the USD and Euro, has been shut down and its owner, Arthur Budovsky, arrested in Spain as part of a joint money laundering investigation by police in the United States and Costa Rica. Budovsky had been arrested before in 2006, when he and Vladimir Kats were arrested for operating Gold Age, a digital currency exchanger which the US federal government deemed to be a money transmitting business, without a license. However, they received probation, and Budovsky continued to operate Liberty Reserve. This time, the....
The popular location project is a model to be replicated for areas seeking to seize the opportunities Bitcoin offers.