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# legislation News

Wyoming has categorized blockchain-based cryptoassets into three main groups, digital consumer assets, digital securities, and virtual currency, to enable investors, legal authorities, as well as financial institutions, to easily distinguish between all types of digital assets and handle them optimally, reported finder on February 4, 2019. Three Formal Classification for...
October 25, 2018 by at Bitcoin, Business, Crime, News, Regulation
The local police have confiscated the recently launched Bitcoin ATM in India by Unocoin Technologies on the grounds of it being “illegal” as it was set up without any government approvals, The Times of India reports October 24, 2018. Unocoin Co-Founder in Custody Harish BV, the co-founder of Unocoin Technologies,...
October 4, 2018 by at Blockchain, News, Platform, Regulation
On September 28th, 2018, the state of California passed two blockchain bills into law. The two bills, each tabled by different members of the state’s legislative houses, define blockchain, cryptocurrencies, and allow innovations backed by this technology to have legal standing. California's pro-blockchain advocacy group, the Blockchain Advocacy Coalition played...
Ohio has become another in the list of states to develop a legislative framework which recognizes the use of blockchain technology to secure electronic records across a wide range of industries according to August 7, 2018, reports. Ohio Joins the Revolution Governor and former presidential candidate John Kasich enacted legislation...
The landlocked Central Asian nation of Uzbekistan issued an official resolution on July 3, 2017, pertaining to the development of cryptocurrencies, mining, and blockchain technology. Significant takeaways include legalizing digital assets and launching a state-backed mining endeavor. Uzbekistan’s Cryptocurrency Push Titled "On Measures for the Development of the Digital Economy...
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