Sunday, September 24, 2023
  • Login
BlaQue Crypto News
CRYPTO MARKETCAP
No Result
View All Result
  • HOME
  • BITCOINS
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • METAVERSE
  • WEB3
  • DEFI
  • ANALYSIS
  • REGULATIONS
  • SCAM ALERT
  • HOME
  • BITCOINS
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • METAVERSE
  • WEB3
  • DEFI
  • ANALYSIS
  • REGULATIONS
  • SCAM ALERT
BlaQue Crypto News
No Result
View All Result

Portsmouth will embrace a blockchain future, beginning with crypto

by BlaQue Crypto
April 11, 2022
in Regulations
Reading Time: 2 mins read
A A
0
Home Regulations
Share on FacebookShare on Twitter


  • The mayor of Portsmouth does not need his metropolis to overlook out on the utility of crypto and blockchain tech
  • He envisions a future the place crypto transforms monetary companies, however he says it may serve the underbanked for now

Portsmouth, a small metropolis in New Hampshire, is working to allow its residents to pay their payments in crypto. The town’s mayor Deaglan McEachern vouched for the choice, saying Metropolis Corridor is now extra knowledgeable on how you can leverage crypto and blockchain tech.

Crypto will redefine finance and the port metropolis desires to be a part of this future

In accordance with a March 23 report from native information outlet Seacoastonline, the mayor acknowledged that into the longer term, the sort of know-how is more likely to have a fair greater influence, and Portsmouth shouldn’t be left behind.

“There’s waves of recent issues which can be going to have an effect on us when it comes to our future that use the kind of know-how utilized in cryptocurrency. I need to be sure Portsmouth shouldn’t be ready round to see how that is going to have an effect on us sooner or later as a result of it is already affecting us,” he mentioned.

Due to this fact, onwards the residents of Portsmouth can now full funds supposed to settle payments utilizing crypto PayPal. The funds companies supplier has been processing crypto funds on its platform for some time now.

“Metropolis clients who’ve cryptocurrency saved of their PayPal account can now make funds to town utilizing that cryptocurrency after they select PayPal as their cost methodology. This new cost methodology has no influence on town’s monetary practices because the cryptocurrency is transformed to U.S. foreign money by PayPal earlier than it’s despatched to our cost processor,” income administrator Karen Conard mentioned in a memo.

The utility of crypto

Mayor McEachern, who says he is been considering crypto for some time now, defined {that a} severality in cost choices for payments would probably lead to improved participation. Provided that Portsmouth is of small standing as a metropolis, he believes it is well-positioned to maneuver forward and experiment with this new area.

“If we will take away some friction from that course of, I might love to have the ability to carry that to Portsmouth,” he mentioned.

Notably, the mayor has requested that his $500 election bonus be given to him in crypto, in eagerness to be taught in regards to the course of. Although he is but to obtain it, he finally intends to transform it to fiat and donate the sum.



Source link

Tags: Bitcoin NewsBlaQueBlaQue CryptoblockchaincryptoCrypto NewsembraceFutureLatest Crypto NewsPortsmouthstarting
Previous Post

Kuna change founder feels Binance is “cooperating” with Russia

Next Post

Russia is Contemplating Accepting Bitcoin as Cost for its Oil and Fuel Exports by China and Turkey – Blockchain Information, Opinion, TV and Jobs

Related Posts

Coinbase secures registration with the Financial institution of Spain
Regulations

Coinbase secures registration with the Financial institution of Spain

September 23, 2023
New UK invoice to grab stolen crypto attain ultimate approval stage
Regulations

New UK invoice to grab stolen crypto attain ultimate approval stage

September 21, 2023
Hong Kong warns that crypto corporations should not “banks”
Regulations

Hong Kong warns that crypto corporations should not “banks”

September 17, 2023
Japan’s to permit startups increase funds utilizing crypto
Regulations

Japan’s to permit startups increase funds utilizing crypto

September 19, 2023
Stoner Cats NFTs creator charged by SEC, to pay $1M positive
Regulations

Stoner Cats NFTs creator charged by SEC, to pay $1M positive

September 15, 2023
India embarks on crafting crypto rules after ruling out ban
Regulations

India embarks on crafting crypto rules after ruling out ban

September 13, 2023
Next Post
Russia is Contemplating Accepting Bitcoin as Cost for its Oil and Fuel Exports by China and Turkey – Blockchain Information, Opinion, TV and Jobs

Russia is Contemplating Accepting Bitcoin as Cost for its Oil and Fuel Exports by China and Turkey – Blockchain Information, Opinion, TV and Jobs

Bitcoin rallies in a single day regardless of warnings from Powell – Blockchain Information, Opinion, TV and Jobs

Bitcoin rallies in a single day regardless of warnings from Powell – Blockchain Information, Opinion, TV and Jobs

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Is Ripple The Motive Behind The XRP Value Fall To Two-Month Lows?

Is Ripple The Motive Behind The XRP Value Fall To Two-Month Lows?

September 12, 2023
3 causes the Gala crypto value has plunged to file low

3 causes the Gala crypto value has plunged to file low

September 21, 2023
Storj Value Prediction for In the present day, September 10 – STORJ Technical Evaluation

Storj Value Prediction for In the present day, September 10 – STORJ Technical Evaluation

September 11, 2023
Defiant Gensler to Revisit Crypto Grievances in Senate, Regardless of XRP, Grayscale Setbacks

Defiant Gensler to Revisit Crypto Grievances in Senate, Regardless of XRP, Grayscale Setbacks

September 11, 2023
Finest Crypto to Purchase Now September 1 – Chainlink, THORChain, TRON

Finest Crypto to Purchase Now September 1 – Chainlink, THORChain, TRON

September 2, 2023
Bitcoin Worth Might See Draw back Thrust Earlier than The Bulls Take A Stand

Bitcoin Worth Might See Draw back Thrust Earlier than The Bulls Take A Stand

September 5, 2023
Greatest Altcoins To Make investments In Proper Now – Sonik, Fetch.ai, Maker, Dogecoin

Greatest Altcoins To Make investments In Proper Now – Sonik, Fetch.ai, Maker, Dogecoin

September 2, 2023
Hackers steal over $4.7M from Uniswap V3 LPs by way of phishing assault

Hackers steal over $4.7M from Uniswap V3 LPs by way of phishing assault

July 14, 2022
Crypto Investor Barclays Pronounces Closure Of UK Accounts For British Expats

Crypto Investor Barclays Pronounces Closure Of UK Accounts For British Expats

September 24, 2023
Low-Cap Ethereum Competitor Skyrockets by 61% This Week Amid Flurry of Futures Contract Listings

Low-Cap Ethereum Competitor Skyrockets by 61% This Week Amid Flurry of Futures Contract Listings

September 24, 2023
Compound Value Prediction for As we speak, September 23 – COMP Technical Evaluation

Compound Value Prediction for As we speak, September 23 – COMP Technical Evaluation

September 24, 2023
Binance.US scores towards SEC, Mt. Gox delay repayments, and…

Binance.US scores towards SEC, Mt. Gox delay repayments, and…

September 24, 2023
Bitwise Withdraws Utility, A Huge Blow To Ethereum ETFs?

Bitwise Withdraws Utility, A Huge Blow To Ethereum ETFs?

September 23, 2023
Is a Drop Beneath $0.5 Seemingly Earlier than October?

Is a Drop Beneath $0.5 Seemingly Earlier than October?

September 23, 2023
Bitcoin Blockchain Is Combating Fraud In Guatemala’s Presidential Elections

Bitcoin Blockchain Is Combating Fraud In Guatemala’s Presidential Elections

September 24, 2023
FTX Chapter: Paperwork Present Coinbase Explored A Potential Acquisition

FTX Chapter: Paperwork Present Coinbase Explored A Potential Acquisition

September 23, 2023
Facebook Twitter LinkedIn Instagram Pinterest Tumblr TikTok Youtube RSS
BlaQue Crypto News

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at BlaQue Crypto News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Updates
  • Decentralized Finance
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 BlaQue Crypto News.
BlaQue Crypto News is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BITCOINS
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • METAVERSE
  • WEB3
  • DEFI
  • ANALYSIS
  • REGULATIONS
  • SCAM ALERT

Copyright © 2022 BlaQue Crypto News.
BlaQue Crypto News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin (BTC) $ 26,555.00 0.11%
  • ethereumEthereum (ETH) $ 1,591.64 0.19%
  • tetherTether (USDT) $ 0.999946 0.02%
  • bnbBNB (BNB) $ 210.48 0.14%
  • xrpXRP (XRP) $ 0.508312 0.89%
  • usd-coinUSDC (USDC) $ 0.999894 0.03%
  • staked-etherLido Staked Ether (STETH) $ 1,591.75 0.15%
  • dogecoinDogecoin (DOGE) $ 0.061494 0.2%
  • cardanoCardano (ADA) $ 0.245299 0.03%
  • solanaSolana (SOL) $ 19.60 0.61%