Crypto news has become a 21st-century addiction, and staying on the information wave requires constant awareness of what’s new. In this month’s Crypto News column for November, specialists from the SOFTSWISS team have curated a selection of the most interesting information on this topic to share with you.
In Argentina, groceries can be purchased with USDT, but the new president wants even more cryptocurrency in the country
In Argentina, locals and tourists shopping at the Central Market of Buenos Aires can now choose the currency in which to pay sellers – Bitcoin, USDT, dollars, or pesos. The extent of this new payment method’s popularity is yet unknown, but it is sure to attract interest. With approximately 12,000,000 people visiting the Central Market each month for fresh produce and other food items, the impact is expected to be significant.
This news gains particular relevance in light of Javier Miley’s victory in the presidential election. A prominent Bitcoin advocate, Miley criticised the country’s central bank during the election race and emphasised his belief that Bitcoin should be recognised as legal tender in Argentina, attributing it to the financial independence it offers to individuals.
The conditions for such a move appear to be in place, as the new president pledges to administer shock therapy to the economy. With the local currency depreciation and annual inflation nearing 150%, the demand for digital currency continues to rise. If Javier Miley’s plans materialise, Argentina could potentially become the second state in Latin America, following El Salvador, where citizens are permitted to use cryptocurrency for the payment of goods and services.
NFTs featuring Disney, Pixar, and Star Wars characters
Dapper Labs, a blockchain developer, has entered into an agreement with media giant Disney, marking the introduction of the Disney Pinnacle platform. Under this collaboration, renowned characters from Disney, Pixar, and the iconic Star Wars franchise will undergo tokenisation, allowing users to collect their beloved characters through unique digital badges.
Operated on the Flow layer 1 blockchain, Disney Pinnacle aims to provide a platform where fans worldwide can collect interactive badges on their mobile devices and securely trade them with one another. All transactions are set to occur instantly. Roham Gharegozlou, CEO of Dapper Labs, expressed enthusiasm about the partnership, highlighting that the collaboration with Disney will fuse traditional entertainment with blockchain technology, offering people a novel way to engage with their cherished characters.
November 2023 Crypto Highlights | SOFTSWISS CareersThe anticipated launch date for the Disney Pinnacle platform is later this year, making it accessible to Apple users through the App Store, to Android users via the Play Store, and to users on the Internet.
Introducing a New Web3 Alcohol Brand
BrewDog, a chain of Scottish craft breweries and pubs, has partnered with London-based spirits producer Degen Distillery and received support from Google Web3 startups to launch an innovative brand of alcoholic drinks. This project stands out by seamlessly combining three elements: the influence of public opinion, blockchain technology, and Google’s technological expertise.
Under this initiative, users will play a significant role in shaping the brand, from branding and design to selecting distribution locations and even contributing to spirit recipes. Participants can claim ownership of their creative contributions through NFTs, providing them with a tangible connection to the development of new spirits.
November 2023 Crypto Highlights | SOFTSWISS CareersThe buzz in the crypto news space signals a growing integration of blockchain into our daily lives. Stay ahead and stay informed!