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Three Arrows Capital (3AC) co-founder Kyle Davies has reportedly been seen in Bali as he continues to evade authorities over the collapse of the defunct hedge fund.Davies, who has been embroiled in bankruptcy proceedings following the collapse of 3AC in 2022, has already been sentenced to four months in jail in
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Foreign tourists in Bali, Indonesia, will no longer use cryptocurrencies as payment after the Bali Provincial Government banned the usage of digital currencies such as bitcoin (BTC) or USDT. Bali governor Wayan Koster voiced his concerns
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The government of Bali, Indonesia, recently cracked down on crypto payments for goods and services and reminded tourists that the Indonesian Rupiah is the only legal tender. Some tourists were dissatisfied with the decision, saying that they will not visit again. On May 28, the Indonesian government affirmed that tourists who
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Bali’s government is cracking down on tourists paying for goods and services using cryptocurrency, with the island’s governor sending a reminder that Indonesia’s fiat currency is the only legal tender.On May 28, the government-owned news agency Antara reported Bali’s governor Wayan Koster hosted a press conference the same day and
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Tokenization infrastructure provider Tokeny has partnered with Ethereum real-estate tokenization marketplace CoFund, according to an April 11 announcement, in a collaboration that will enable CoFund to issue regulatory-compliant ERC-3643 security tokens on the Polygon (MATIC) network to tokenize a $10 million hotel in the Indonesian island resort of Bali. According to Tokeny, investors can
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The success of any project depends upon the roadmap it takes to achieve its milestones. From security audit to token sale, every milestone plays a vital part in deciding the popularity and success of the token. Bali Social Integrated, a blockchain-based tourism platform has taken the right approach from launching
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