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World Ethical Data Forum 2018 • September 19-20, 2018

Held at the World Trade Centre in the Catalan city of Barcelona and covering areas such as cryptocurrency and ICO…

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Tag: New York

New York Authorities Submit Proposal to Form Digital Currency Task Force

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

New York Authorities Submit Proposal to Form Digital Currency Task Force

The Bitcoin flag is firmly setting deep roots around the world, with authorities making swift moves to regulate the burgeoning digital assets sector. In a development on May 30, 2018, the New York State Assembly proposed launching a digital currency task force to evaluate the cryptocurrency and blockchain sector. Integrate Cryptocurrencies into Existing Financial Frameworks As per a proposed bill,…

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Forget Silicon Valley: New York City Is Becoming the Face of Blockchain Development

Category: Altcoins, Bitcoin, Blockchain, Business, Ethereum, Finance, News, Tech

Forget Silicon Valley: New York City Is Becoming the Face of Blockchain Development

Inside buildings whose exterior walls are adorned with the ubiquitous graffiti murals urban America, a new kind of culture is emerging in Brooklyn, New York. From repurposed warehouses to other abandoned industrial buildings, crypto and blockchain entrepreneurs are setting up shop to establish their startups. As blockchain technology is beginning to mature, it seems some of its staunchest proponents have…

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Issuing BitLicense Boosted Business, Says Head Of New York Finance Services

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

Issuing BitLicense Boosted Business, Says Head Of New York Finance Services

In a bid to maintain its position as one of the initial regulators of digital currency, the New York State Department of Financial services is taking specific steps. With the introduction of the blockchain-focused BitLicense in August 2015, Mario Vullo, the superintendent of NYDFS, displayed her agency’s contribution towards the maturity of the digital currency space. On April 10 2018,…

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New York to Increase Electricity Tariffs for Crypto Miners

Category: Business, Finance, Mining, News, Regulation

New York to Increase Electricity Tariffs for Crypto Miners

Cryptocurrency mining is about to become significantly more expensive in the state of New York. A directive issued by the state’s Public Service Commission that has approved the increase in the electricity tariffs that crypto mining facilities in the state are charged. The move was necessitated by the need to protect moderate electricity consumers from the high rates they would…

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Coinbase Obtains BitLicense, Only Exchange in New York to Comply

Category: Bitcoin, Business, News, Regulation

Coinbase Obtains BitLicense, Only Exchange in New York to Comply

On January 18, the New York Department of Financial Services (NYDFS) officially granted Coinbase with the BitLicense, a frequently criticized regulatory framework designed for Bitcoin due to its impractical requirements and policies. Only two companies have obtained the BitLicense to this date since its introduction in August 2015. Although nine companies including Xapo, Bittrex, and Bitstamp applied for the license…

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Seven In Ten New York-based Blockchain Startups Are Looking Beyond Bitcoin

Category: Bitcoin, Business, News, Tech

Seven In Ten New York-based Blockchain Startups Are Looking Beyond Bitcoin

The development of blockchain-based solutions in the financial sector, or any other industry, has little to do with Bitcoin. That is not entirely surprising, as the global mass adoption of cryptocurrency has not taken place yet. A new report by Kuperman LLC goes to show as much as 70 percent of all blockchain startups are not even thinking about Bitcoin…

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