Cannabis and Bitcoin

Auto Added by WPeMatico

Relm Launches Insurance Coverage for Cryptocurrency and Cannabis Groups in Tough Regulatory Climate

by

Bermuda-based insurance company Relm has announced an official launch of operations, issuing a press statement March 3, stating the group will “focus on digital asset (cryptocurrency) enterprises and cannabis and hemp related businesses.” The business, owned by Deltec International Group, a Nassau private financial services provider founded in 1959, currently offers five basic products for … Read more

Cannabis Buzz Harshed by Regulations, Cash Shortage While Cryptocurrency Is Ready to Light Up

by

Recent reports show that major marijuana companies are running out of money, and businesses in Canada are especially in danger of becoming illiquid. Major producers in the weed-friendly nation have just over 6 months of cash on hand, according to the information, and comparable companies in the U.S. just over one year of liquidity. In … Read more

Bitcoin ATM Maker Develops Payment Solution for Cannabis Dispensaries

by

The legal US cannabis industry growing strong where local authorities have stepped out of its way. However, in combination with banks and credit card companies refusing to provide services to many businesses, restrictions have created a perfect opportunity for alternative systems to prove themselves. Themed altcoins, specialized ICO projects, and other types of crypto ventures, … Read more

US Federal Authorities Arrest Man for Selling 9.99 Bitcoin

by

If you are thinking about selling bitcoin for cash inside the Unites States to people you don’t know, caution is advised. A reminder to stay alert for undercover government agents who might try to entrap you has been served by a recent California case. Also Read: Cryptocurrency Regulator Found Dead at His Home in South … Read more