US City in North Dakota Now Accepts Cryptocurrencies for Bill Payments
A city in the U.S. state of North Dakota has begun accepting cryptocurrencies for utility bill payments. The city’s finance director says, “We are the first municipality in the state of North Dakota, and the third in the nation, to offer this service.” City Government Accepts Crypto Payments The city of Williston in the U.S. state of North Dakota announced Thursday that “it now accepts digital cryptocurrency payments for utility bills.” The city’s finance director, Hercules Cummings, explained that Williston has partnered with Bitpay to accept....
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The U.S. city of Williston in North Dakota is installing a cryptocurrency ATM at its international airport. “This marks the first government-hosted cryptocurrency kiosk,” the city said. Williston also accepts cryptocurrencies for payments of utility bills.
‘The First Government-Hosted Cryptocurrency Kiosk’
The city of Williston in the U.S. state of North Dakota announced Wednesday a partnership with crypto ATM operator Coin Cloud to install a cryptocurrency ATM at its Williston Basin International Airport (XWA). The city wrote:
This marks the....
The city of Williston of North Dakota has officially started accepting cryptocurrencies like Bitcoin for utility payments via BitPay. A city in North Dakota is joining the cryptocurrency adoption race in the United States by starting to accept crypto payments.Hercules Cummings, finance director for the City of Williston, announced Thursday that the city administration has partnered with crypto payment firm BitPay to start accepting cryptocurrencies like Bitcoin (BTC) as payment for utility bills.“We have partnered with BitPay, the largest virtual payment merchant whose partners include....
Legislators in North Dakota are quietly – but quickly – advancing a measure to study how the state should approach regulating digital currencies like bitcoin. Public records show that at the end of last year, the North Dakota Senate’s Industry, Business and Labor Committee put forward Bill 2100, which included language for a report on the feasibility of regulating bitcoin. The bill was introduced at the request of the state’s Department of Financial Institutions, the chief finance regulator for the state. The measure was passed unanimously in the Senate on 12th January with 46 votes. The....
A proposal to study bitcoin regulation in North Dakota has reportedly run into some opposition. As reported last week by CoinDesk, North Dakota’s legislature has taken up a measure that, if passed, would mandate a study into how the state could approach putting together a legislative framework for the tech. Bill 2100 was submitted at the request of financial regulators at the end of last year, passing unanimously in the State Senate on 12th February. From there, it advanced to the North Dakota House of Representatives, the state legislature’s lower chamber, being taken up by the Industry,....
North Dakota remains undecided whether to regulate cryptocurrencies as legislation is passed and rejected by various state committees. Controlling ‘Online Currencies’ A bill advocating a study be made as to whether various businesses need a license to deal in crypto passed the State Senate. However, a House committee gave it a unanimous “do not pass” recommendation, local news resource KFYRTV reports. While it is likely the study will go ahead, the bill originally contained much wider reaching implications. Businesses or “services” would be licensed to “maintain control of online....