First Ottawa-based Not-For-Profit to Accept Bitcoin
On October 3rd at The SpinBin at 310 Dalhousie St., Ottawa-based not-for-profit Ottawa Charity Ping Pong will become the first organization of its kind locally to accept bitcoin donations. Resilient 21, a local Ottawa-based Bitcoin consulting firm, has set the corporation up using CAVIRTEX merchant solutions. Many companies are turning to bitcoin as a....
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The order seeks to redistribute as much as $20 million donated to the Freedom Convoy to the citizens of Ottawa.
The first permanent installation of a bitcoin ATM in Ottawa is slated to be unveiled Thursday in the Byward Market area. Manufactured by a start-up company called BitAccess, the bitcoin ATM will find itself at the Clocktower Brew Pub on Clarence Avenue in the country's capital city. As one one come to expect, the ATM will allow customers to buy bitcoin (up to $10,000 daily), and sell that bitcoin for cash. Ottawa isn't the last stop, however. BitAccess - which has come together with the help of Bit-Capital - is planning to launch yet another bitcoin ATM in Toronto. The company says they've....
A Canadian bitcoin investment group by the name BiT Capital has reportedly committed a significant lump of cash into bitcoin ATM start-up BiT Access (who likes to refer to their product as a BTM - a bitcoin teller machine). That amount is in the neighborhood of $10 million, to be invested in increments in the period of 1-2 years, according to an exclusive by 'Two Bit Idiot' published here. The total amount committed comes in as one of the largest investments in the bitcoin business industry thus far. "BiT Capital is thrilled to partner with BiT Access," said John Bridge of BiT Capital. "We....
See update below. Canadian bitcoin exchange CAVIRTEX took to social media on Tuesday to tease a little something our Canadian bitcoin friends might find exciting. The company is apparently planning to deploy a small network of bitcoin ATMs in Canada. With little other information, the company posted two images on their official Twitter account. The first image depicted a lone unit branded with the famous Canadian flag. The second, a series of units. Eight of them to be exact. Not a terrible lot more is known about the deployment of the network, thought he company did indicate that one of....
Al Jalila Foundation, a healthcare organization in the United Arab Emirates (UAE), has announced that it has been granted permission to accept digital currency and that donors can now make contributions using cryptocurrency. Al Jalila Foundation is the first non-profit organization in the UAE to accept cryptocurrency. Al Jalila is part of the Mohammed Bin Rashid […]