Bitcoin at the barricades: Ottawa, Ukraine and beyond
If Bitcoin is used for fundraising, is it inevitably tarred by the cause to which it’s been linked, like anti-vax truckers? Protesting anti-vax truckers blockading downtown Ottawa, Canada had their fund-raising platform shut down because their host fears the “promotion of violence.” The protesters move to a Bitcoin crowdsourcing funding service. It quickly raised $900,000.Russian troops gather on Ukraine’s borders. Ukrainian NGOs and volunteer groups embrace cryptocurrencies to help defend their country in the event of a coming war, according to a Feb. 8 investigation by Elliptic, a....
Related News
The order seeks to redistribute as much as $20 million donated to the Freedom Convoy to the citizens of Ottawa.
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 method of payment due to its many benefits: it's quick, it's easy and it is less expensive than traditional payment methods. Charities who operate mostly on a donation basis rely on this source of funding to operate, making every cent....
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....
Ukraine is currently undergoing turbulence and instability due to the Russian invasion. The disagreement between the two countries could be traced back to 2014 in the Revolution of Dignity. This is primarily after Russia annexes Crimea from Ukraine. Furthermore, Russia has fronted another invasion of Ukraine on 24 February 2022. The war between Ukraine and […]
Legislators have given their nod to the Ukraine crypto bill, making the use of crypto assets in the country easier as Ukraine teeters on the verge of a military confrontation with Russia. With 272 votes, the Ukrainian parliament gave its thumbs-up for the Law of Ukraine on Digital Assets. The measure required only 226 affirmative […]