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Africa Blockchain Conference 2018 • May 23-24, 2018

Organized by The Blockchain Association of Uganda, with support from the Government of Uganda, the Africa Blockchain Conference will concentrate…

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Tag: legislation

U.S. State of Colorado Passes Laws to Foster Blockchain Technology and Blocks Cryptocurrency Security’s Bill

Category: Blockchain, Business, Commentary, News, Regulation, Tech

U.S. State of Colorado Passes Laws to Foster Blockchain Technology and Blocks Cryptocurrency Security’s Bill

On May 8, 2018, Colorado became the first U.S state to introduce laws on blockchain technology, mainly for protecting confidential data in state records. Filament, an enterprise that merges Internet of Things (IoT) and blockchains to authorize and sign real-time machine transactions, announced the news. Colorado Community Collaboration According to the legislation passed by the State of Colorado, blockchain, along…

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Hong Kong Gangsters Not Interested in Cryptocurrencies

Category: Altcoins, Bitcoin, Business, News, Regulation

Hong Kong Gangsters Not Interested in Cryptocurrencies

The Money Laundering and Terrorist Financing Risk Assessment Report released by the Hong Kong Financial Services and Treasury (FSTB) has concluded that cryptocurrencies are not a tool employed by the island’s criminal fraternity. Hong Kong is currently witnessing stern discourse around whether the city is doing enough to combat financial crime. Hong Kong a Powerful, Free Economy Struggling With Regulation…

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After Launching Massive ICO, Telegram Is Now Banned in Russia

Category: Altcoins, Business, News, Regulation

After Launching Massive ICO, Telegram Is Now Banned in Russia

Just weeks after launching one of the most successful ICOs ever, Telegram is to be banned in Russia. The ruling came after the company refused to yield encryption keys to the Russian authorities and Moscow has now ordered telecommunications companies to block the app. Why Telegram? Russia’s Federal Security Service (FSB) said they need the keys to monitor the messages…

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Washington Chelan County PUD: We Will No Longer Tolerate Illegal Bitcoin Mining Activities

Category: Bitcoin, Business, Mining, News, Regulation, Tech

Washington Chelan County PUD: We Will No Longer Tolerate Illegal Bitcoin Mining Activities

Where cheap electricity is abundant, there are illegal bitcoin miners. Washington Chelan County, a region bursting with cost-efficient hydroelectric power, is now fed-up of illegal mining operations going on in the area and has declared total war on the “scoundrels” perpetuating the crime. No Room for Illegal Cryptocurrency Mining Back in March 2018, the Washington state Chelan County Public Utility…

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Don’t Fear, the Government Can’t Do a thing about Bitcoin

Category: Altcoins, Bitcoin, Blockchain, Commentary, News, Regulation, Tech

Don’t Fear, the Government Can’t Do a thing about Bitcoin

Most people face difficulties in trying to understand the decentralized nature of cryptocurrencies fully. But many governments take these misunderstandings one step ahead. Not only do they fail to realize decentralization, but regulators and world leaders have shown they lack the prowess to grasp basic technical concepts in the sector. Age Barrier? Let’s take the example of the U.S.A, a…

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PayPal Has Filed a Patent for a Cryptocurrency Transaction System

Category: Blockchain, Business, Finance, News, Tech

PayPal Has Filed a Patent for a Cryptocurrency Transaction System

The American online payments provider, PayPal, has filed for a patent seeking to expedite the transfer of virtual currencies from one wallet to another. As per records made available at the US Patent and Trademark Office on March 1, 2018, the patent aims to create first user and secondary user wallets and keys for enabling faster transactions and payment settlement…

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Pawn Shops in Ukraine Set to Start Accepting Cryptocurrencies as Loan Security

Category: Altcoins, Bitcoin, Blockchain, Finance, News

Pawn Shops in Ukraine Set to Start Accepting Cryptocurrencies as Loan Security

Networks of pawnshops in Ukraine are tired of standing on the sidelines watching crypto take over the world. These money lenders have decided to join the blockchain money spaceship to the moon. Crypto Collateral Loan offices in Ukraine are creating a unique lending service targeted at crypto holders. Borrowers will soon be able to get loans in fiat currency equivalents…

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Wyoming the Latest State to Introduce Crypto-Related Bills

Category: Altcoins, Bitcoin, Blockchain, Business, News, Regulation

Wyoming the Latest State to Introduce Crypto-Related Bills

With blockchain technology and digital currencies finally starting to infiltrate the mainstream, there has been a lot of pressure placed on lawmakers to introduce bills surrounding these burgeoning sectors. What Does the Wyoming Bill Cover? Just like any industry, it is critical that the communities involved are both adequately protected as well and monitored via legal oversight and taxation. As…

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South Korean Cryptocurrency Regulator Found Dead at His Home

Category: Bitcoin, Business, Finance, News, Regulation

South Korean Cryptocurrency Regulator Found Dead at His Home

A prominent lawmaker involved in the initial flurry to pass laws to regulate cryptocurrencies has passed away. The 52-year old Jung Ki-Joon was discovered deceased in his home in Seoul last February 18, 2018. South Korea has been in the news since November 2017 for making formal efforts to come to grips with the cryptocurrency craze in the country. Subsequently,…

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Nebraska Possibly Introducing Their First Blockchain and Cryptocurrency Bills

Category: Altcoins, Bitcoin, Blockchain, News, Regulation, Tech

Nebraska Possibly Introducing Their First Blockchain and Cryptocurrency Bills

With the explosion in popularity of cryptocurrencies and blockchain technology in 2017, many of the world’s regulators and watchdogs were caught unawares and have been scrambling ever since to draw up legislation for these burgeoning sectors. Nebraska Takes a Step Ahead with Blockchain Technology As there are so many people getting involved in ventures related to cryptocurrency and blockchain, there…

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