The CFTC has cited the advance of technologies like blockchain in a request to obtain additional funding for its oversight activities. Source
Following the recent ransomware fiasco and multiple traders from a variety of U.S. states arrested for bitcoin related money laundering charges two senators have introduced a new bill to regulate these activities. The legislation submitted last week aims to classify bitcoin as a monetary instrument in the 2017 ‘Money Laundering, Terrorist Financing, and Counterfeiting Act.’ […]
Congress wants answers from the Internal Revenue Service about its investigation into bitcoin tax avoidance – and they’re due by next week. Source
A pair of US senators have filed a new anti-money laundering bill aimed at beefing up oversight of digital currency activities. Source
On May 2 the former FBI Director James Comey told a Senate Judiciary Committee that the federal law enforcement agency’s efforts are “going dark” due to the rise of virtual currencies and encryption methods. Also read: Well Known Investors Are Betting Big on Bitcoin The FBI is ‘Going Dark’ Due to Advanced Technology This […]
Legislators gathered this week to hold a hearing on a measure that would prohibit cannabis firms in the state of Washington from working with bitcoin. Source
Twenty-two US senators sent a leader to senior government officials and the Federal Reserve requesting information about the regulation of blockchain.
Saying how we live in a very strange world would be the understatement of the year. A new US Senate bill wants to ensure “bad people” can’t use solutions like Tor. Whether or not this means everyone else can keep using it, is anybody’s guess. For quite some time, everyone who used Tor was deemed […]
The state of Vermont in the United States is quite an unusual creature, as they seem to be on the fence as to whether or not the blockchain and smart contracts will become a part of everyday society. After initially seeing the value of the technology, and then deeming it too costly, it looks like […]
Vladimir Putin has addressed Bitcoin and other digital currencies for the first time; a legislative bill to regulate bitcoin and digital currency related business activities has advanced in North Caro
The Canadian Senate has decided to protect Bitcoin from massive government regulation opting to approach the new technology with “a light regulatory touch – almost a hands-off approach.”
A bill placed before the North Carolina Senate could see the Old North State implement mandatory licensing for companies operating with digital currency.
A bill aimed at getting the state of Utah to accept bitcoin for states services passes its first reading in the Senate. The bill has now passed its first Senate reading having already passed through t
The breaking news on Reddit today is an article by Ken Hess, “reporter” for ZDNet. The Reddit community seems to be in panic mode about Hess’s report that the United States Senate is poised to make Bi
In a statement released Monday, Coinbase announced it had hired a DC veteran to “engage and educate public officials on regulatory and compliance issues related to Bitcoin.”