Government of Dominica Enters Into Agreement With TRON, Set to Issue Fan Toke...
Dominica is a sovereign island nation in the Caribbean Sea, known as the “Nature Island of the Caribbean” because of its outstanding natural beauty. Following the signing of a new agreement with TRON, the country is now set to embrace blockchain technology and provide a model for integrating small nations into the global economy of the future. TRON to Issue Dominica Coin (DMC) Fan Token Following the passage of Virtual Asset Business legislation in May 2022, the Government of Dominica announced on Friday, October 7, 2022, that it had entered into an agreement with TRON. According to the....
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Tron (TRX) managed to pull a Bitcoin-like feat almost two weeks ago when it became a legal tender for the Commonwealth of Dominica. The 16th largest cryptocurrency in terms of market capitalization successfully replicated Bitcoin’s feat when it became a legally accepted tender within the territories of El Salvador. Related Reading: Litecoin Registers Over $1 Million In Whale Transactions For 2022 – Good News For LTC? TRX price slightly corrects after surging following announcement of becoming legal tender in the Commonwealth of Dominica Coin currently trades at $0.0616 Tron....
Tron (TRX) welcomed the second week of this month with the news of its coin becoming a legal tender in the Commonwealth of Dominica announced by no less than its blockchain founder, Justin Sun. Technical indicators for TRON are confusing as of this time TRX could surge all the way to $0.0678 after 30 days Tron network’s development activity surges over the last few days With the development, the crypto, along with other Tron minted coins such as BTT, JST, NFT, USDD, USDT and TUSD, can now be used as medium of exchange within the island nation. Meanwhile, just last September, Sun shared on....
The Bitcoin drop in Dominica could inspire other countries that want to stabilize their inflatory rates. But what makes such an initiative a success? Last week news got out that Dominica will be the first nation in the world to use Bitcoin as an official currency. Even though Dominica can hardly be called a big country, it still is a big step for cryptocurrencies in general. For all we know, children will be learning about this small country in future history and economics lessons as the nation that helped pave the way for worldwide Bitcoin adoption. Whatever the future may hold, it's....
This week the mining operation Applied Blockchain announced that it is changing its company name to Applied Digital. Furthermore, the mining operation released 2022 financial results and operational updates that noted that the mining firm entered a purchase agreement on August 15 for land in North Dakota. Applied Digital Enters Purchase Agreement on August 15, Groundbreaking Planned for Q3 2022 Another mining company is reporting expansion updates as Applied Digital (formerly Applied Blockchain) has revealed it has entered a purchase agreement on August 15. The deal will add a second....
The "Bit Drop" to distribute Bitcoin to all islanders. AUGUST 28, 2014 -Dominica is set to be the first nation to adopt Bitcoin following a successful collaboration between island officials, Coinapult, Aspen Assurance, Bitcoin Beauties and the College Cryptocurrency Network, who have partnered to deliver the project, officially titled The Bit Drop. The Bit Drop project will to send Bitcoin to every resident on Dominica, a Caribbean commonwealth island, via SMS texting. With a population of over 70,000, this project will create the world's largest and highest density Bitcoin community. The....