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International Law Enforcement Conference Addresses Crypto and the ‘Criminal Economy’
15.11.2019
The 2019 National Proceeds of Crime Conference (NPOCC) held in Brisbane, Australia from November 13-15 addressed “Globalisation and Digitisation of the Criminal Economy,” and featured 200+ delegates hearing from representatives of organizations such as the Australian Federal Police...
Ohio Crypto Program Hits a Snag, Attorney General Finds It Illegal
14.11.2019
The Attorney General of the U.S. state of Ohio has assessed the state’s crypto program and concluded that it is a legal violation of state law. The state’s former treasurer skirted the law to launch a website that allowed 23 types of tax payments in cryptocurrency ahead of other states....
An Overview of the Indian States and Their Involvement in Blockchain—a Report by NASSCOM
13.11.2019
The NASSCOM-Avasant India Blockchain Report 2019 has been created with positive contributions from observers and experts of the Blockchain space. This tries to turn into an authoritative reference for anyone searching for a thoughtful and attentive assessment of the Indian Blockchain space....
Wyoming Unveils First-Ever Crypto Custody Rules for ‘Blockchain Banks’
12.11.2019
The U.S. state of Wyoming releases new opt-in enhanced regulatory requirements for crypto custodians, covering forks, airdrops, staking and more
Ex-Fed Chair Greenspan: ‘No Point’ in Central Bank Digital Currencies
12.11.2019
Former Fed chair Alan Greenspan has argued there’s “no point” for central banks to issue central bank digital currencies
How Society Thrived Before Mass Taxation, and How It Still Can
12.11.2019
Many people in the U.S. and elsewhere think of the income tax as some kind of timeless staple of society. The truth is, it was only first instituted in the United States as a permanent fixture in 1913. It stands to ask then, how all the progress that was made prior and the bustling growth...
Real Estate Magnate Sells New York Condo for $15.3M in Bitcoin
11.11.2019
A $15.3 million retail condo in Manhattan’s Upper East Side has been sold using Bitcoin
Tassat Gets CFTC Approval to Issue Bitcoin Derivatives In US
8.11.2019
New York-based fintech Tassat has acquired a swap execution facility registration with the CFTC from trueEx
New Hire to Head Digital Currency Research at the US Fed
5.11.2019
The United States Federal Reserve is looking to employ a Manager, Retail Payments, part of whose responsibilities will be to oversee the research of digital currencies and distributed ledgers. The job ad has been published amid pressure from Capitol Hill to explore the possibilities of issuing...
United States National Debt Hits 23 Trillion — Over $1M Per Bitcoin
2.11.2019
The United States’ national debt per citizen is now nearly $70,000 for a total of over $23 trillion
U.S. Congressman Tom Emmer Announces Plan to Launch a New Bill For Cryptocurrencies and Other Evolving Technologies
31.10.2019
Tom Emmer, the U.S Congressman’s recent announcements concerning the introduction of new legislation during the hearing of the House Financial Services Committee, has created a lot of buzz in the digital currency domain. The dignitary stated that the legislation would provide the necessary aid...
The Federal Reserve Makes a Big Move Into the US Treasury Bill Market
23.10.2019
The United States Federal Reserve is all set to wade into the US Treasury Bill market in a big way and could end up owning as much as 12% of the existing market. The estimates have been provided by forecasting firm Oxford Economics. Considering the current threats to the economy and dangers of...
Is It Possible for Bitcoin to Replace Government-backed Fiat Currencies?
22.10.2019
We are currently witnessing an age of unusual things and revolutions, where people talk to computers and software more than they do with humans, where skyscrapers are becoming more common than green patches, and where fights against government suppression have reached new heights. In such times...
Fed’s Push for a Faster Payment System Could Create Difficulties for the Small Banks
21.10.2019
On Monday, the Federal Reserve Board announced that it is planning for a fast payment service known as FedNow. It is going to be a payment service that will facilitate and settle payments in real-time. Considering the way in which Fintech has grown, it is only natural that the Federal Reserve...
McAfee Envisions DEX in a World Where Crypto Won’t Be Traded for Fiat
21.10.2019
In a recent video posted to Twitter. John McAfee states: “Imagine a world…where fiat currency is diminishing in importance.” Instead of pointing to the adoption of crypto by big money interests, the rogue politician and radical bitcoin proponent talks of a complete flip, where...
BMW, General Motors, Ford to Start Testing Blockchain Payments in Cars
14.10.2019
Five major automakers — Renault, BMW, General Motors, Ford and Honda — will test a blockchain car identification and payment system
Two US Congressmen Urge the Federal Reserve to Consider Creating a ‘National Digital Currency’
3.10.2019
Members of the United States House of Representatives Financial Services Committee have now started to address the rise of cryptocurrencies. Two of U.S. Congressmen have asked the Federal Reserve of future plans to launch a digital version of the U.S. dollar. In a letter sent on Monday to...
Gold, Not Bitcoin, Is Drawing Haven Demand on US Recession Fears
3.10.2019
The increased likelihood of a U.S. recession has brought a boost to gold prices. For bitcoin, though, it's a different story
SEC Imposes Multimillion Dollar Fine for Unregistered EOS Token Sale
1.10.2019
The United States securities regulator has announced hefty fines for two crypto companies. The penalties have been imposed for EOS’ unregistered token sale and a fraudulent public offering. The Securities and Exchange Commission (SEC) intends to use some of the collected money to indemnify...
NFL Could Pay a Steep Price Owing to US-China Trade War
1.10.2019
The United States-China trade war shows no signs of relenting and in a new development, the National Retail Federation has indicated that it could take a toll on fans of the National Football League (NFL). According to the findings of the National Retail Federation, NFL fans will need to pay a...