Posts Tagged ‘Cryptocurrency’

Vatican warns of cryptocurrency use in migrant smuggling

Monday, October 18th, 2021
cryptocurrency in migrant smuggling

The Vatican has called for increased regulation of the cryptocurrency industry due to its growing use in migrant smuggling and the exploitation vulnerable persons. Janusz Urbanczyk, the Vatican representative to UN agencies in Vienna, said the use of cash to avoid transparency “has shifted into the even less transparent world of digital payment and cryptocurrencies.” Read more

Church accepts Bitcoin donations

Tuesday, February 18th, 2014

A nondenominational, 120-member church in Meridian, Idaho, USA “Connections”, has modified its website to accept Bitcoin donations. Bitcoin is an online form of money that has seen its use and value skyrocket in the past year is a “cryptocurrency”. Jeremy Wight, Connections executive pastor since January 2013, said accepting Bitcoin can only help the small Read more