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Crypto Corner Podcast 822: Stocks discussed: (TSX: VOYG) (OTC: BLQC)

Central African Republic Passes Bill Allowing Crypto Use, Voyager Digital Shares Business Milestones and Launches "Crypto for All" Campaign, and BlockQuarry Provides Update

 

Vancouver, Kelowna, Delta, BC - April 25, 2022 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today's edition of the Crypto Corner podcast and commentary on what's driving cryptocurrency stocks and the crypto market.

Listen to today's Crypto Corner Podcast:

https://www.investorideas.com/Audio/Podcasts/2022/042522-CryptoMarket.mp3

Crypto Corner Podcast 822: Stocks discussed: (TSX: VOYG) (OTC: BLQC)

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Stocks discussed: (TSX:VOYG) (OTC:BLQC)

Cointelegraph reports that the Central African Republic (CAR) has reportedly passed a bill making it legal for its citizens to pay their taxes in crypto and allow the use of crypto as a form of payment for businesses. According to the piece, some sources even purport that the CAR, like El Salvador, is adopting Bitcoin (BTC) as a legal tender, though this appears to be untrue. The cryptocurrency bill was introduced by the country's minister of Digital Economy, Post and Telecommunications, Justin Gourna Zacko, on Thursday last week, and was approved in parliament.

Voyager Digital Ltd. (TSX:VOYG) has announced the launch of its new "Crypto for All '' campaign, aimed at bringing more humanity and accessibility to the world of crypto," across media channels in the U.S. The company also posted some business milestones, including the completion of "over 36 million consumer crypto transactions since it first released its mobile app," and "over $5.5 billion in net new retail deposits since inception." Steve Ehrlich, Voyager's CEO and co-founder, said:

"Voyager is, first and foremost, focused on advocating for the crypto consumer. And even amid this inevitable period of regulatory uncertainty, we have not seen any material impacts on our business. We continue to see healthy growth in net new dollar and crypto deposits as well as increased customer engagement on the platform. It is an exciting time for crypto, and I couldn't be more optimistic about our company and our future."

BlockQuarry Corp. (OTC:BLQC) has announced financial and operational performance highlights for the twelve months ended December 31, 2021, as well as the full launch of the Company's Phase One 20MW hosting infrastructure at its Southeast U.S. cryptocurrency mining site, expected to "drive approximately $9.5 million in annual revenues going forward." The company posted revenues of $960k - an increase of 1,643 percent year-over-year, and total assets amounting to $10.8 million. Alonzo Pierce, President and Chair of BlockQuarry, said:

"2021 was a breakthrough year for the Company, and the investments we made during that period are already starting to pay big dividends as we begin to collect on the implementation of our Phase One hosting infrastructure. The topline exploded higher last year, and the bottom line is set to swing in our favor sharply as we get past our major fixed costs."

Sam Mowers, Investorideas

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