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Should the SEC have Federal Jurisdiction Over Cryptocurrencies? Congressman Aims to Sidestep Securities Law
There are those who are arguing that the federal government – particularly the Securities and Exchange Commission – should not have jurisdiction over the cryptocurrency and ICO industry. One specific individual heading the argument is Ohio Representative Warren Davidson, who is a republican and is opposed to federal oversight. In an effort to prompt the […] дальше »
2018-11-15 22:47 | |
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OKCoin Adds the Argentine Peso as It Eyes Expansion Into Latin America
Despite a prolonged cryptocurrency bear market and regulatory uncertainties, OKCoin, one of the largest cryptocurrency exchanges in the world, is expanding to Latin America launching a new exchange platform headquartered in Buenos Aires, Argentina. дальше »
2018-11-15 17:45 | |
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Pentagon remains hellbent on using a single-provider cloud for Project JEDI
The US government today dismissed a protest against its Project JEDI contract filed by Oracle. The company claimed the project’s bidding process was rigged, and that choosing a single awardee went against Federal statutes. дальше »
2018-11-15 02:47 | |
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Thailand Uses Blockchain-Supported Electronic Voting System in Primaries
Thailand's Democrat Party has become the first political party to use blockchain technology to elect its leaders in a primary election, which was held from November 1–9, 2018. дальше »
2018-11-14 01:06 | |
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Colorado and California Just Elected Pro-Bitcoin Governors
Following the 2018 midterm elections, the U. S. will see two new pro-Bitcoin governors sworn into office. Jared Polis (D-CO) and Gavin Newsom (D-CA) both won out against their respective Republican contenders last night, November 6, 2018. дальше »
2018-11-7 20:44 | |
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FCC Chairman Admits Antiquated Regulation May Hurt Emerging Blockchain Technology
Aijt Pai, U. S. FCC Chair, has said it’s a challenge to level the playing field between emerging technologies, including blockchain, and not disadvantage any of them. US Telecoms Regulator Studies How to Evolve Blockchain The chair of the Federal Communications Commission (FCC) – the government agency in charge of regulating radio, television, wire, satellite, and. дальше »
2018-10-27 01:00 | |
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IRS Advisory Committee Requests Clearer Guidance for Crypto Tax Code
On October 24, 2018, an advisory committee to the Internal Revenue Service (IRS) published a report calling for clarity on the IRS’s position toward cryptocurrency taxation. дальше »
2018-10-27 20:34 | |
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Trump begs big tech for free labor to avoid federal hirings
The White House wants the nation’s big tech companies to make it easier for employees to do a civic “tour of duty” with the government. Another way of putting it: the President needs to bring in temps now that his plan to cheat Federal workers out of their promised 2019 pay raise fell apart. дальше »
2018-10-23 21:02 | |
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US authorities to auction off nearly $4M in confiscated Bitcoin
The American government is again showing that it has no interest in hodling, and is auctioning off over 600 BTC. The US Marshals Service (USMS) announced yesterday the auction will be taking place between 8am and 2pm EST on November 5th. дальше »
2018-10-19 16:51 | |
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Canadian Blockchain Company Sees Opportunity in Newly Legalized Cannabis
Like Walmart with pork from China and Maersk with shipping containers, DMG Blockchain Solutions (DMG) is hoping to be the first global supply chain company to manage cannabis products on the blockchain, initially in Canada — and then around the world. дальше »
2018-10-18 19:50 | |
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Blockvest ICO Being Sued By SEC
Blockvest is being sued the Securities and Exchange Commission for making false claims that the regulator’s approval for its planned ICO. The regulator is looking for an injunction against the defendant in return for all the financial gains of its ICO activities. дальше »
2018-10-15 18:00 | |
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Australia Trials Blockchain Platform for National Disability Insurance Scheme
Australia is currently in the process of exploring the potential for blockchain technology to create ’smart money’ to be used in its National Disability Insurance Scheme (NDIS), its federal government revealed in an October 9, 2018, press release. дальше »
2018-10-10 09:00 | |
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With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
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SEC Charges Forex Broker for Illegal Securities Swaps Involving Bitcoin
In what seems like the first coordinated strike from government agencies, the U. S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the Federal Bureau of Investigation (FBI) have taken action against a securities broker for violating federal laws in connection with security-based swaps funded by bitcoin. дальше »
2018-9-29 22:29 | |
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Austrian Government To Leverage Ethereum Network To Issue Bonds
The central European country will use blockchain technology in its next federal bond auction.
дальше »2018-9-28 20:52 | |
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IBM/MIT Connection Science Issue Report on the Role of Blockchain in Government
On September 24, 2018, MIT Connection Science and IBM issued a 41-page joint report on the results of three roundtable discussions on the role of Blockchain in government. дальше »
2018-9-27 22:12 | |
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Regulators Must Lead On Blockchain: IBM Report
Blockchain reduces paper processes, speeds up transaction times, increases efficiencies and builds trust among participants to a transaction, according to Sept. 23 IBM report on how distributed ledger technology (DLT) can improve how the federal government does business. дальше »
2018-9-26 23:15 | |
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Report: China will outspend US on AI research by end of 2018
The US House Oversight and Reform IT Subcommittee today released the results of a months-long investigation into Federal investment and oversight in artificial intelligence. There’s a lot to unpack here, and most of it is bad. дальше »
2018-9-25 20:09 | |
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US Securities Laws May Cover Initial Coin Offerings: Federal Judge
Lack of regulation has been a major problem for the cryptocurrency sector and government agencies trying to get a hold of this market. Now a new ruling from a US federal judge brings initial coin offerings (ICOs), the wildest space in the crypto markets, under the US securities law. дальше »
2018-9-14 20:24 | |
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Sales Tax and Bitcoin in the United States Can Be Confusing
Over the last two years in the US, the federal government and states have been trying to grasp the concept of cryptocurrencies and apply them to traditional finance laws like taxes. The task has proven to be extremely difficult for federal agencies and officials however. дальше »
2018-9-13 05:10 | |
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US Judge Rules ICOs Covered by Securities Law
After a long period of silence and uncertainty, the U.S. government has stated that at least two initial coin offerings (ICOs) are not exempt from security laws. Howey vs SEC The ruling comes after ICO participants from Recoin and Diamond Reserve Club filed a federal case against the projects’ founder Maksim Zaslavskiy for misleading investors, who […] The post US Judge Rules ICOs Covered by Securities Law appeared first on CryptoSlate. дальше »
2018-9-12 10:00 | |
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California Legislators Are Working to Send Blockchain to Governor’s Desk
A number of blockchain-focused bills have been making the rounds in California’s State government. Elected officials are working to have them signed by Governor Jerry Brown. News out of California concerning blockchain and cryptocurrency has been intriguing over the last few months, to say the least. дальше »
2018-9-2 07:00 | |
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Canada Delays Regulation of Cryptocurrencies and Blockchain Companies
The Canadian government has postponed the release of its final regulations for cryptocurrency and blockchain companies. The final published regulations were due this fall, but the government now says they won’t be published in the Canada Gazette until late 2019. дальше »
2018-8-28 20:18 | |
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First U.S. Congresswoman Reveals Holding Cryptocurrency (And It’s Not Bitcoin)
After the US government made federal workers declare cryptocurrency holdings in June this year, filings have begun to emerge about which politicians own which coins. Filing Reveals Up To $30K Holdings In a federal disclosure report August 14, Hawaii Representative Tulsi Gabbard became the latest national political figure to do so, revealing she bought Ether (ETH) and Litecoin (LTC) in December 2017. дальше »
2018-8-24 22:00 | |
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Federal Trade Commission Issues Warning on Bitcoin Blackmail Scams
The U. S. Federal Trade Commission (FTC) is blowing the whistle on of a new Bitcoin blackmail scam—one purportedly targeting men with a disposition for extramarital “activity. ” According to the government’s consumer protection watchdog, allegedly unfaithful men are being sent letters by scammers demanding a “confidentiality fee,” payable in Bitcoin, in return for silence. дальше »
2018-8-23 18:00 | |
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Paragon Partners With Civic Technologies to Deliver Transparency, Digital IDs to Cannabis Industry
Paragon, a blockchain company that develops seed-to-sale tracking solutions for the marijuana industry, is joining hands with Civic Technologies Inc. , a digital identity firm, to bring secure and trusted identity services to Paragon’s digital community. дальше »
2018-8-16 19:48 | |
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US Government to Borrow Nearly $1 Trillion, Federal Deficit Skyrocketing
The United States government is on course to borrow $832 billion this year according to an estimate by the Treasury during the monthly income and spending statement for June. The... The post US Government to Borrow Nearly $1 Trillion, Federal Deficit Skyrocketing appeared first on Trustnodes. дальше »
2018-8-6 16:44 | |
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Queensland Backs Cryptocurrency Point-of-Sale Project for Tourism
The Queensland government in Australia is backing a cryptocurrency point-of-sale system that officials believe will help boost tourism throughout the area. Thus far, they have given over $8 million in Australian dollars ($6 million USD) to roughly 70 different companies that will work to inspire innovation and create new ideas within the region’s travel space. дальше »
2018-8-2 00:27 | |
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US Government Confiscates Iranian Bitcoin Holder Assets
The United States government has confiscated 500 Bitcoin from Iranian holder assets — estimated at USD 5. 77 million in purchase value. Recently, ibena reported that the U. S. Federal Government had confiscated 500 BTC belonging to Iranians — valued at 25 billion rials at the time of purchase. дальше »
2018-7-25 14:00 | |
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Crypto Exchange Coinbase Political Action Committee Forms
Cryptocurrency exchange Coinbase has formed a Political Action Committee (PAC), according to government documents published Friday night. A disclosure published by the U. S. Federal Election Commission revealed that the exchange formed the “Coinbase, Inc. дальше »
2018-7-21 10:10 | |
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Fannie Mae And Freddie Mac In Limbo – Lehman’s Bankruptcy Is Still Not Over
Ten years ago Fannie Mae and Freddie Mac emerged as a major worry in the financial sector, one that would require a massive bailout from the federal government and placement into conservatorship. Q2 hedge fund letters, conference, scoops etc By User:AgnosticPreachersKid (Own work) [CC BY-SA 3. дальше »
2018-7-19 10:35 | |
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US Fed Chairman Maintains Cryptos Don’t Have Intrinsic Value
On Wednesday morning, the U. S. Congress held a hearing regarding cryptocurrencies, hearing mixed opinions from regulators and representatives of the U. S. government. Federal Reserve Chairman: Cryptos Aren’t A Store of Value Or A Payment Tool Jerome Powell, the chairman of the U. дальше »
2018-7-19 10:30 | |
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Southern District of TX Court Upholds The Net Worth Sweep, Exposes Taxpayers
In an otherwise disappointing ruling handed down by a federal appeals panel July 17, a dissenting view once highlighted the damage done by the government’s ongoing abuse of its statutory authority in confiscating the profits of the government sponsored enterprises Fannie Mae and Freddie Mac. дальше »
2018-7-19 08:35 | |
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US DoJ Charges 12 Russian Officials for ‘Interference’ with Election
The U. S. Department of Justice (DoJ) released an indictment on July 13 charging twelve Russian nationals with committing federal crimes — funded by cryptocurrencies — with the aim of “interfering” in the 2016 U. дальше »
2018-7-14 01:07 | |
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US President Donald Trump Creates Task Force To Curb Crypto Fraud
A new task force has been formed by the US government to protect consumers from threats related to money laundering, investment schemes targeting virtual currencies. An executive order signed by President Donald Trump listed the Justice Department and agencies including the SEC, the Federal Trade Commission and the Consumer Financial Protection Bureau as leaders of […] The post US President Donald Trump Creates Task Force To Curb Crypto Fraud appeared first on ZyCrypto. дальше »
2018-7-13 18:31 | |
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Philippines Regulators Forecast Significant Crypto Profits From Exchange Licensing
The head of a major economic zone located in crypto powerhouse the Philippines has come forward with his prediction that the country will see over $67 million in newly-generated financial interactions following its decision to begin issuing crypto exchanges licenses to legally distribute the coins as securities. дальше »
2018-7-12 09:27 | |
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IBM Secures $1 Billion Australian Dollar Blockchain Deal
The Australian government has chosen IBM as its central technology partner for the next five years in a deal worth $740 million dollars. The agreement will cover technology services provided to government departments, including services which will use IBM’s automation and blockchain technologies. дальше »
2018-7-9 03:00 | |
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Indian Banks Banned from Participating in Cryptocurrency-Related Transactions
Today marks the official deadline by which Indian banks have to end any relationship with cryptocurrency exchanges. India’s federal government has had some of the harshest regulatory legislation aimed at cryptocurrencies of any country to date. дальше »
2018-7-6 01:52 | |
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IBM partners with Australian Gov’t to use blockchain for data security in $740 Million Deal
IBM has signed a five-year AU$1 billion ($740 million) deal with the Australian government to use blockchain and other new technologies to improve data security, Bloomberg reports Thursday, July 5. The major contract will see IBM provide technology such as blockchain, automation and artificial intelligence (AI) to Australian federal departments, including defense and home affairs. дальше »
2018-7-6 00:31 | |
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DOJ, U.S. Agencies Seize Over $12M Bitcoin in a Slew of Dark Web Busts
The U. S. Department of Justice, in cooperation with the Immigration and Customs Enforcement’s Homeland Security Investigations (HSI), the Secret Service (USSS), the Postal Inspection Service (USPIS) and the Drug Enforcement Administration (DEA), have apprehended more than 35 dark web drugs and arms dealers in a nation-wide bust. дальше »
2018-6-27 20:26 | |
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A new world is dawning, and the US will no longer lead it
German Chancellor Angela Merkel, center, speaks with U.S. President Donald Trump, at the contentious G7 Leaders Summit in Canada in June. AP/Jesco Denzel/German Federal Government Gordon Adams, American University School of International Service From pulling out of treaties to denigrating allies to starting trade wars, the impulsive actions of President Donald Trump are upending the […] дальше »
2018-6-27 06:26 | |
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Swiss Government Councilor: Blockchain Will ‘Penetrate Our Whole Economy’
One of the seven members of Switzerland’s collective head of state stated that blockchain will someday “penetrate our entire economy,” according to a transcript published by the Federal Department of Economic Affairs, Education and Research today, June 21. дальше »
2018-6-22 00:56 | |
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Government Save Bank of St. Louis Includes Crypto Cost Following to Inquire about Database
The Federal Reserve Bank of St. Louis will now be tracking the prices of four cryptocurrencies on their research database, according to a June 19 post on the bank’s website. The database, called the Federal Reserve Economic Data (FRED), will now include the prices of Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) from дальше »
2018-6-22 00:48 | |
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US: Federal Employees to Disclose Crypto Holdings Following New Guidance
The US Office of Government Ethics has instructed federal employees to report their holdings of virtual currency and transactions of certain investment assets
дальше »2018-6-19 02:02 | |
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Trump’s Dark Deregulation
At an event last Thursday to tout his administration’s efforts to rid the federal government of what he contends is burdensome red tape, President Donald Trump used oversized gold scissors to cut a piece of red ribbon strung between two stacks of paper. дальше »
2018-6-18 14:06 | |
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Ripple Welcomes New Board Member Benjamin Lawsky
In addition to adding a new CFO, Ripple is proud to announce the appointment our newest board member, Benjamin Lawsky. Lawsky, the former superintendent of financial services for the state of New York, has more than two decades of experience in both federal and state government. дальше »
2018-6-17 12:52 | |
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