CoinRX Launches as a Bitcoin Pharmacy - But is it Legal?
CoinRX launched today as "The #1 Bitcoin Online Pharmacy" (interesting proclamation on the first day of business, but we digress), allowing users to buy anything from generic Viagra to generic Prozac using - wait for it - Bitcoins. This sounds like it may be a derivative of Silk Road, but in fact, the site is accessible outside of anonymous web browsing network Tor. Question: is this even legal? The domain's WHOIS information traces back to a registrar in Argentina, so the likelihood is that this service is not based in the United States. We were curious for additional information, but....
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After eBay first released the idea of making deliveries via drones, many companies started to follow this same method. Now a San Francisco-based company announced its plans to deliver bitcoin-purchased medicinal cannabis to customers via drone. A startup named Trees has unveiled a plan to start delivering prescription medication via drone. The company claims to be licensed and even offers a service that enables customers to go through an online doctor evaluation to be able to get the prescription the very same day. Companies like Trees got what looked like a green light to start their....
The Central African Republic is establishing a legal framework that will allow the use of cryptocurrencies like bitcoin to be used in the economy.
There's no doubt about the fact that both the legal and regulatory landscape surrounding bitcoin and bitcoin ATMs are still, well, unclear. And while most regulators have allowed for the launch of bitcoin businesses anyway, the Swiss Financial Market Supervisory Authority (FINMA) is hitting the brakes on one company's plans to launch bitcoin ATMs in Switzerland. That company is Bitcoin Suisse AG, and Swiss regulators have asked them to halt their Zürich ATM plans for now, pending legal clarification. The company wrote today on Reddit: It is correct that Bitcoin Suisse AG (BTCS) have been....
Progressive Care, a company that operates a chain of pharmacies in the United States, has announced it’s now accepting cryptocurrency for its Covid-19 rapid testing services. Customers are welcome to pay with bitcoin for the quick tests offered at its Pharmcorx locations using a dedicated QR code. Pharmacies Offer Quick Covid Tests for Bitcoin Florida-based Progressive Care Inc. announced in a press release that the company now accepts bitcoin (BTC) as payment for Covid-19 fast testing at its Pharmcorx locations. CEO Alan Jay Weisberg pointed out that the option will allow....