The Power of ETH and BCH: Smart Bitcoin Cash Project Highlights Innovative Sidechain

On Thursday, Bitcoin Cash proponents were introduced to a new website that features a project called Smart Bitcoin Cash or Smartbch for short. Essentially, the project is a sidechain for Bitcoin Cash that is compatible with Ethereum’s EVM and Web3 API, which means people will soon be able to leverage decentralized applications (dapps) without paying lots of money for transaction fees. Bitcoin Cash Fans Introduced to a Unique Ethereum and Web3-Compatible Sidechain At the time of writing, Ethereum is the dominant chain when it comes to Web3 applications and decentralized…

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Will more companies follow in Tesla’s footsteps and accept Bitcoin as a payment method?

If Bitcoin is to become more widely accepted as a payment method, it needs important companies to begin using it. A big step forward was taken in this respect when Tesla announce that they would be doing just that. Will more companies now make a similar decision? They aren’t the first major company to take this decision. PayPal did the same in October 2020. A growing number of online casinos and igaming companies are also embracing Bitcoin and allowing it to be used as a payment method on their sites.…

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Former SEC chair Jay Clayton tips new Bitcoin regulations are coming

The former SEC chairman warns that regulation will come both directly and indirectly. Former US Securities and Exchange Commission Chair Jay Clayton has stated that Bitcoin has not been classified as a security for a long time. But speaking on CNBC’s Squawk Box on March 31, Clayton warned that its status as a non-security still does not protect it from the imposition of new regulations which, he warned, could be coming soon. “Where digital assets land at the end of the day–will be driven in part by regulation both domestic…

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