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Dark Market Drug Dealers Plead Guilty, Forfeit Crypto Proceeds

News A couple operating out of Merced, California have pleaded guilty to selling drugs on the dark web in exchange for cryptocurrencies, including Bitcoin (BTC) and Bitcoin Cash (BCH). The United States Department of Justice announced the charges in a press release on Aug. 6. According to the anno..

Arizona to Test Marijuana-Oriented Stablecoin in State Fintech Sandbox

News The state of Arizona has accepted a blockchain-based, cannabis industry-oriented payments solution into its fintech sandbox. According to a recent press release from the Office of the Attorney General, the company — called Alta — is a cash management solution for licensed medical marijuana pr..

Billionaire to Launch First Ever Cannabis-Pegged Stablecoin

Greek billionaire Alkiviades David has reportedly created the world’s first stablecoin pegged to the price of legal cannabis.Swissx Bank of Cannabis Issues SWX Stablecoin As a press release confirmed July 25, the so-called Swissx Bank of Cannabis (SBC), headquartered in the Swiss city of Gstaad, ..

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