FTX Creditors Alliance: Preliminary public bidding acquisition will be announced before December 16
FTX 2.0 Coalition, a group of FTX creditors, has released the latest court update: 1. The stalking horse bid will be announced before December 16th. Note: The stalking horse bid refers to the initial public bidding action proposed by the buyer selected by the company applying for bankruptcy protection, which can attract more potential buyers to propose competitive acquisition prices. 2. A motion to estimate the value of cryptocurrency claims will be made in November. 3. Customer names will remain anonymous (permanently anonymous for natural persons).
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Panama City Council makes history as the first government institution accepting crypto payments
Share link:In this post: Panama City council voted in favor of becoming the first public institution of government to accept payments in cryptocurrencies. Citizens will now be able to pay taxes, fees, tickets and permits entirely in crypto starting with BTC, ETH, USDC, and USDT. The city partnered with a bank that will receive crypto payments and convert them on the spot to U.S. dollars, allowing for the free flow of crypto in the entire economy.

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