Metro and bus riders in 37 cities throughout Argentina can now add credit to their travel cards using bitcoin, according to a recent report. The new integration stems from a partnership between Alto Viaje, a loading platform for Argentina's SUBE public transportation travel cards, and Bitex, a Latin American blockchain financial services company.
Ahead of announcing an official strategy for leveraging blockchain technology more widely, the German government has opened a process for receiving recommendations around the technology from local companies and industry groups. Germany is Europe's largest economy and Berlin is home to numerous blockchain startups. The solicited recommendations could lead to official legislative action in the near future.
ICOs emerged quickly as a popular model for crypto startups to raise funds, exposure and customer interest. But the world of ICOs took a nasty turn in 2018, with many projects that used the model unable to deliver on their promises to investors or turning out to be downright phony.