Generally we know that blockchain technology underpins cryptocurrencies, and there are many organizations using the technology for a myriad of other applications: executing contracts, modernizing land registries, even providing new systems for identity management. But there’s a small problem on the horizon. According to a post today from Washington, DC-based think tank Coin Center, blockchain technology may be fundamentally incompatible… […]
Today, under Chairman Rep. Bill Huizenga of Michigan, the Subcommittee on Capital Markets, Securities, & Investment held a hearing (watch it here on Youtube) entitled “Examining the Cryptocurrencies and ICO Markets.” The primary focus of the hearing was to further facilitate dialogue between crypto-industry insiders and lawmakers. Hearing: Subcommittee on Capital Markets, Securities, & Investment After an […]
The first two panels in Wednesday’s CFTC Technology Advisory Committee meeting will discuss blockchain and crypto-related matters, respectively.
US citizens could soon pay with Bitcoin up to $600 and not face tax reporting
On July 8 the Financial Services Committee for the U.S. House of Representatives held a hearing concerning digital currencies. The meeting discussed the implications of virtual currencies in regards to financial innovation and national security. During the event, the Republican Texas Congressman Roger Williams asked for increased digital currency regulation to fend off terrorist funding […]
Bitcoin is becoming the latest trend in gifts for newlyweds in the US as the booming asset is the perfect present to begin a new life adventure on.
The growing population of Bitcoin enthusiasts has alerted the government and led to Virtual Currency: Financial Innovation and National Security Implications hearing where …
Bitcoin, the cryptocurrency that was unheard of at one time has grown to become something that can’t be ignored by anyone anymore. The increasing popularity of cryptocurrencies, especially Bitcoin, its decentralized nature and a certain degree of pseudonymity associated with it has become a cause of concern for government bodies. The United States Congress is […]
US advocacy group Coin Center has said that an anti-money laundering bill before the Senate could disrupt existing rules for digital currency firms. Source
A recent Congressional hearing saw the non-profit blockchain advocacy group Coin Center call for a federal approach to money services licensure. Source
While much of the concern over token sales has fallen on securities laws – there’s another set of regulations that could be equally impactful. Source
A recent opinion piece coming from the publication the Hill has exclaimed that if the U.S. Securities and Exchange Commission (SEC) approves a bitcoin exchange-traded fund (ETF), it will lead mainstream investors to “slaughter.” Also Read: The New 110% Unlimited Bitcoin.com Mining Pool is Now Open to Everyone Hill Author Believes SEC Approving a Bitcoin ETF […]
Regulatory policies are forming across many states in the U.S. concerning digital currencies. This week in North Dakota a bitcoin-related bill was unsuccessful moving forward during the state’s House of Representatives vote for Bill 2100. North Dakota’s Bitcoin Bill Last year North Dakota’s Business and Labor Committee created Bill 2100 in order to discover […]
Washington, DC-based non-profit research and advocacy group Coin Center has raised $1m from old and new supporters. Source
A large-scale implementation of any new technology is only effective when there is active collaboration between the private and public sectors. The same holds good for cryptocurrency technology as well. The cryptocurrency community is still a niche segment. A majority of the world’s population, including politicians and bureaucrats, is still in the dark about how […]