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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
U.S Rep. Submits Bill Urging Tennessee to Study Blockchain
4.3.2020
A Tennessee representative proposes a new bill urging the study of blockchain to remove regulatory roadblocks
Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash
18.2.2020
In this roundup, we cover numerous cryptocurrency regulatory developments in the U.S., including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule. We also cover...
Blockchain Bills Are Advancing in the New York State Senate – Here’s Why
14.2.2020
Now in its second year, the New York State Senate's Internet and Tech Committee has approved two blockchain bills, which now go to the full Senate for a vote
Swiss Financial Watchdog Proposes $1,000 Client Identification Threshold for Crypto Transactions
8.2.2020
Famous for its favorable business climate that has attracted hundreds of crypto companies, Switzerland is now expanding its financial regulatory framework. Some of the upcoming rules will increase oversight in the blockchain industry in compliance with new international standards regarding...
Oklahoma Senator Working on Bill for State-Backed Blockchain Institution
18.1.2020
Pending submission, a new Oklahoma bill includes an effort by the state to provide support for blockchain and crypto tech