Rare coins minted in
Carson City in the 1800s have recently been sold for significant sums with one fetching $1.4 million at auction. Incidents of
fraud and theft are emerging in the coin trade, as seen by charges brought against a Bay City coin store owner for defrauding customers of $5 million. Governments are jumping on the crypto bandwagon; Detroit is now the largest US city to accept Bitcoin and other cryptos for tax payments. Cultural appreciation for coins is clear; an ancient pot overflowing with
gold coins found in Turkey and numerous city-based coin clubs and shows demonstrating this. The implications of coin tosses on politics has also been demonstrated, with a city council race being decided by such a method. Various cities are investing heavily in Bitcoin; Santa Monica is establishing a piloted
Bitcoin Office, and the British council is being sued over lost Bitcoin in a landfill. Additionally, corporations are recognizing the viral potential of crypto, with Chiefs fans being offered an exclusive chance to join a coin toss interacting with cryptocurrency.
City Coin Group has launched Tranche 2 Investment opportunities to further its international expansion. Lastly, various sectors are gradually adopting Bitcoin within their operations. A man in the UK is suing the city for over half a billion dollars over lost Bitcoin, and announcements were made about the release of digital collectibles through a partnership.
CITY Coin News Analytics from Wed, 31 Jan 2024 08:00:00 GMT to Wed, 20 Nov 2024 18:02:00 GMT -
Rating 5
- Innovation 7
- Information 8
- Rumor -2
