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 that Bali Governor Wayan Koster hosted a press conference the same day and said tourists who “use crypto as a means of payment [...] will be dealt with firmly.”

“Strict actions range from deportation, administrative sanctions, criminal

The Nigeria Federal Executive Council has approved the National Policy on Blockchain drafted by the Federal Ministry of Communications & Digital Economy, paving the way for the formal use of blockchain technology in the country.

In a May 2 tweet, the special assistant to the President on digital and new media, Tolu Ogunlesi, said relevant agencies would be working to develop appropriate regulatory frameworks. He said the government established a steering committee led by the National Informatio

Now users will be able to buy The F1 Racing tickets with the help of Polygon Blockchain ❤️🪙

https://blockworks.co/news/formula-one-nft-tickets