Coinberry to Provide Bitcoin Payment Solution to City of Richmond Hill Following Recent Council Approval

RICHMOND HILL, Canada — Coinberry, Canada’s most innovative and trustworthy digital currency platform, has begun negotiations with the City of Richmond Hill to provide a robust cryptocurrency payment processing solution. This takes place after Council voted on July 10, 2019 in favor of entering into an agreement with Coinberry, to provide an option for property tax payment in Bitcoin for residents and businesses of the City of Richmond Hill.

Coinberry leads the way in Bitcoin adoption in Canada- announces second municipal partnership, with City of Richmond Hill, to process tax payments made in Bitcoin.

The announcement marks Coinberry’s second municipal partnership in less than six months, and illustrates a growing move towards the implementation of real world digital currency solutions.

While still in process, the new partnership will also have municipal staff report back on the feasibility of implementing Coinberry’s technology for additional payments of other City fees and charges by September 30th, 2019.

“We are very happy to be entering into a partnership with our second Canadian Municipality,” said Andrei Poliakov, Coinberry CEO and Co-Founder. “Leaders of government and enterprise organizations are realizing that, with the right partners, they can innovate with blockchain and digital currencies. We’re pleased to be working on additional innovative solutions with leading enterprise and municipal partners, and have a number of very exciting initiatives we will be announcing over the next several months.”

Key Points:

  • Coinberry is the only blockchain based cryptocurrency platform to have secured partnerships and provide solutions to two Canadian Municipalities — making it the leading and most trustworthy platform in Canada.
  • The City of Richmond Hill’s City Manager is authorized to enter into a contract with Coinberry upon conclusions of successful negotiations.
  • The new partnership also gives the City of Richmond Hill the opportunity to leverage Coinberry’s technology for other blockchain and digital currency payments and services.