US Politician Uses Crypto to Buy Cannabis for Tax Remittance Demo

News

A Californian politician has become the first elected official to use cryptocurrency to purchase cannabis in the U.S. to advocate for cannabis tax remittances via stablecoin. A Californian politician has become the first elected official to use cryptocurrency to purchase cannabis in the United States.A press release shared with Cointelegraph on Sept. 11 revealed that Berkely City Councilmember Ben Bartlett used Bitcoin Cash (BCH) and the stablecoin Universal Dollar (UPUSD) to make the purchase at Ohana Cannabis, a dispensary in Emeryville, CA.The purchase was part of a live demonstration of crypto-financial technology conducted by blockchain company Cred and the Blockchain…
Click Title Below To Read Details From Source:
US Politician Uses Crypto to Buy Cannabis for Tax Remittance Demo

Leave a Reply

Your email address will not be published.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