Bitcoin can now be legally used for payments in Cuba
Resolution 215/2021 of the Central Bank of Cuba, which recognizes bitcoin (BTC) payments and other cryptocurrencies, has come into force this September 5. This after being published in the Official Gazette last August 26. The application of this new regulatory framework also establishes the licensing of digital asset service providers, which operate throughout the national territory. This new regulation aims to enable the use of "certain virtual assets in commercial transactions." It also clarifies that it is the only entity that authorizes financial institutions and other legal entities to use crypto assets among themselves.
Casinos in Venezuela are reopening. Some of them accept bitcoin and Axie Infinity tokens
Casinos in Venezuela are starting to accept bitcoin (BTC) and other cryptocurrencies, including Axie Infinity tokens (SLP and AXS). This upon their reopening after 10 years of state prohibition. Last August 28, 2021, the Venezuelan government would have authorized 30 casinos and gambling houses in the country to operate again, according to unofficial information. The Ciudad Jardín Casino at the Hotel Pipo Internacional in the city of Maracay, in the center of the country, was inaugurated last August 31. Said casino published on its Instagram page an announcement indicating that they already accepted cryptocurrencies such as bitcoin (BTC), ethereum (ETH), and the stable currency tether (USDT). Even Axie Infinity gaming tokens (SLP and AXS). The casinos at the Tamanaco, Dubai, Waldorf, and Conami hotels in Caracas are among the 30 allegedly authorized for reactivation. The casino of the Eurobuilding Hotel in Caracas is already operating. In that sense, new companies or contractors will now presumably manage such facilities, thus assigning space to operate the casinos that, up to that date, were operated by the aforementioned international hotel consortium.
The views and opinions expressed are the views of Crypto Currency 10 and are subject to change based on market and other conditions. The information provided does not constitute investment advice and it should not be relied on as such. All material(s) have been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy of, nor liability for, decisions based on such information.
Changes in rates of exchange may have an adverse effect on the value, price or income of an investment.
Past performance is no guarantee of future results and the value of such investments and their strategies may fall as well as rise.