Stripe Offers Crypto Payments to Twitter Users, Michael Saylor Dismisses BTC Selling Rumors, First African Country to Adopt Bitcoin

Stripe Offers Crypto Payments to Twitter Users

Stripe introduced cryptocurrency payouts for Twitter content creators via Stripe Connect. 

Now creators can receive USD Coin (USDC), a stable coin.  The payments will occur on the Polygon Network - a layer two blockchain network that is low in fees, fast in transactions, and integrates with the Ethereum Blockchain. 

Michael Saylor Dismisses BTC Selling Rumors

Amidst falling Bitcoin prices, a Twitter account called “Ozz, CEO of Altseason,” accused Microstrategy, an American company co-founded by Bitcoin Evangelists - Michael Saylor, of quietly “selling Bitcoin without telling no one.”  Saylor responded with a tweet explaining that Microstrategy must disclose any material changes in corporate strategy to shareholders via SEC filings, which are available to anyone. 

First African Country to Adopt Bitcoin as Legal Tender  

The Central African Republic is the first African country to recognize Bitcoin as legal tender. 

CAF’s National Assembly unanimously voted the bill into law. Even the opposing party showed its support for the new legislation. By adopting Bitcoin as legal tender, the country hopes to recover economically, aid peacebuilding and infrastructure development.

Written by Lindi Miti © Crypto University 2022