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US legislators approve bills for study of blockchain in commerce
10.9.2020
The two bills will now go to the House of Representatives for a vote
Residents of Europe’s Crypto Valley Can Pay Tax Bills in Bitcoin, Ethereum
3.9.2020
Zug. The Swiss canton of Zug – the heart of the nation’s burgeoning crypto and blockchain industry – will be allowed to pay tax bills of up to USD 109,670 in bitcoin (BTC) or ethereum (ETH) from February 2021.
Per Bloomberg, the canton’s tax authority has sealed a deal with crypto custody firm...
IMF Publishes Cryptocurrency Explainer, Saying It ‘Could Be the Next Step in the Evolution of Money’
24.8.2020
The International Monetary Fund (IMF) has published a video explaining what cryptocurrency is. Besides suggesting that cryptocurrency could “completely change the way we sell, buy, save, invest, and pay our bills,” the video states that it “could be the next step in the evolution...
Former Director of the National Broadband Task Force Criticizes Anti-Encryption Bills
23.7.2020
A former director of the U.S. National Broadband Task Force criticizes anti-encryption bills that in his opinion hurt the nation’s economy and security
Blockchain Bites: BitLicense Feedback, Digital Yuan Trial and How US Bills Could Threaten Privacy
15.7.2020
A mega food retailer may trial the digital yuan, an a16z alum is launching a VC firm focused on distributed tech and Ethereum's new client is "basically ready."
Cryptocurrencies Have ‘No Way’ to Comply With US Anti-Encryption Bills
14.7.2020
U.S. Senate bills meant to crack down on encryption could have negative effects for privacy-oriented tech, including cryptocurrencies, entrepreneurs and critics say
Covid-19 Forces Indians to Embrace Digital Payments but Country Still Lacks Crypto Regulation
13.7.2020
The global pandemic Covid-19 is forcing Indians to resort to digital payment platforms when settling bills as well as paying for groceries. Before the Covid-19 outbreak, Indian citizens largely ignored a 2016 government decree that attempted to achieve the same, reports The Economic Times of India....
Arca Labs Launches Ethereum-Based SEC-Registered Fund
6.7.2020
After nearly 20 months of back-and-forth, the Los Angeles money manager finally cleared what appears to be the first regulated fund represented by digital shares
Crypto Firm Uquid Launches Marketplace- 30,000 Digital Products, Bitcoin Cash Support
1.6.2020
On May 28, 2020, the digital currency and blockchain company Uquid has announced that the Uquid Shop is now live and accepting cryptocurrencies like bitcoin cash for payments. The team at Uquid has dubbed the market the “world’s biggest digital shop for crypto users is ready to launch...
Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail
24.5.2020
Russian lawmakers have proposed new laws that seek to ban the use of bitcoin (BTC) and other cryptocurrencies in the country, local media reported. According to draft bills submitted by a group of deputies to the Russian parliament recently, individuals may face up to seven years in prison...
Louisiana State Senate to Consider Crypto Business Licensing Bill
22.5.2020
The Louisiana State House of Representatives passed a bill on Wednesday to regulate and license virtual currency businesses. A Senate committee will now evaluate the proposal
Noted Tax Haven Cayman Islands Sees New Bills to Bring Local Crypto to FATF’s Heel
1.5.2020
In new legislation, the Cayman Islands is looking to clarify rules on crypto exchanges, including registration and sandbox licensing
While Some Hoard Dollar Bills, Others Envision Germy Cash’s Quick Demise
28.3.2020
Is a cash-based society sustainable in a pandemic? Hoarders say yes. Health experts say maybe. Visionaries say no: It’s a moment for systemic change
Prestmit, A Platform For Nigerians To Buy & Sell Gift Cards And Bitcoins
27.3.2020
Due to the advancement of cryptocurrency and the widespread of gift cards in the Nigerian market, Prestmit, a Nigerian platform, now provides the absolute solution that gift cards and bitcoin enthusiasts within and outside the country have been looking forward to.
The post Prestmit, A Platform...
Shelter-in-Place for Cash? 2 Bills Submitted by US Congress Mention ‘Digital Dollars’
24.3.2020
During the last few days, members of the U.S. Congress have been trying to pen a stimulus plan to help the American economy. Since then, a few bills have been submitted by representatives and two particular proposals House democrats have tabled talk about a “digital dollar”...
House Stimulus Bills Envision ‘Digital Dollar’ to Ease Coronavirus Recession
23.3.2020
Proposed legislation meant to shore up the U.S. economy during the coronavirus pandemic includes a recommendation to create a digital dollar
Fed Stands Ready to Replace Infected Greenbacks With Clean Bills
20.3.2020
The Fed doesn’t plan to destroy banknotes as China did, but it has a stockpile of fresh greenbacks should it need to replace what’s in circulation
Can Blockchain Technology Counter US Anti-Message Encryption Bill?
19.3.2020
The bill proposed by the U.S. Senate Judiciary Committee attacks encryption of online messages, says the EFF
US Cash Crisis: Withdrawal Limits Spark Bank Run Fear
18.3.2020
The entire world has been focused on the economy as the coronavirus outbreak has devastated global markets. While stocks, commodities, and barrels of oil plunge in value, there’s been considerable demand for cold hard cash in certain countries. According to reports, Wall Street’s elite...
US State Reps Submit Bill Spurring Blockchain Innovation in Rhode Island
12.3.2020
Rhode Island state representatives introduce a new motion to further blockchain adoption