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Wisconsin State Senate Candidate Accepts Bitcoin Donation via BitPay

September 22, 2020 by Anthonia Isichei at Bitcoin

Phil Anderson, running for the Wisconsin State Assembly has stated that he would accept cryptocurrency donations towards his campaign, using U.S. crypto payment platform BitPay. Anderson Defends Legality of Crypto Political Donations In an announcement released by Phil Anderson’s campaign team on Monday (September 21, 2020), the entrepreneur and real...

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U.S. Crypto Businesses to Benefit From New Joint Supervised Regulation

September 16, 2020 by Anthonia Isichei at Regulation

Cryptocurrency firms and fintech companies in the United States will start to enjoy a less cumbersome registration process with reduced cost, following a new unifying rule. One Rule, Cheaper Costs According to Reuters on Tuesday (September 15, 2020), the Conference of State Bank Supervisors (CSBS) announced a new regulatory strategy...

U.S. Sanctions Force Paxful to Exit Crypto-Friendly Venezuela

September 15, 2020 by Ogwu Osaemezu Emmanuel at Regulation

Paxful crypto exchange has shuttered operations in Venezuela citing United States sanctions, which bars Americans from doing business with the Nicolas Maduro-led nation, according to reports on September 15, 2020. Paxful Leaves Venezuela Paxful, a leading peer-to-peer (P2P) United States-based bitcoin (BC) marketplace has announced that its services will no...

Bitcoin Is the Second Most Viewed Asset in the U.S.

August 17, 2020 by Anthonia Isichei at Bitcoin

Bitcoin continues to gain popularity among U.S. investors, following reports that the flagship cryptocurrency was the second-highest viewed asset after Tesla. Bitcoin Visibility is on the Rise According to data from stock charts platform TradingView, Bitcoin saw increased interest among U.S. investors and traders in the month of July. The...

India: Telangana to Sign MoUs for Implementing Blockchain Technology in Public Sectors

India Prime Minister Calls for Investments, Development in Blockchain and Rising Tech

July 23, 2020 by Shaurya Malwa at Blockchain

India is awakening to blockchain and other disruptive technologies in a huge way. Prime Minister Narendra Modi said yesterday that rising tech will be a cornerstone of the country’s economic growth moving forward. PM Modi Backs Blockchain With a population of 1.2 billion people you could bet India was soon...

Task Force Calls For Future Stimulus Checks To Get A Tech Upgrade

U.S. Authorities Mull Using DLT to Ease Delivery of Stimulus Checks

June 15, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

The White House and congressional leaders are putting preparations in top gear to dish out another round of COVID-19 stimulus money to citizens in the coming weeks. Some politicians, including Congressman Tom Emmer, has urged the authorities to tap blockchain technology to ensure more frictionless stimulus package disbursement to the...

Report: Researchers Discover New Cryptojacking Malware for Mining Monero

Want to Help the Jailed? You Can now Mine Monero (XMR) to Pay Their Bails

June 9, 2020 by Shaurya Malwa at Altcoins

The ongoing political unrest in the U.S. is giving the masses a rather unfortunate reason to adopt cryptocurrencies. While some might move to use Bitcoin as a form of “protest,” a new software allows individuals to mine Monero (XMR) to pay bails for those jailed unnecessarily. XMR to the Rescue...

Amazon Bags Patent to Use Blockchain Technology for Enhanced Supply Chain Transparency

June 5, 2020 by Aisshwarya Tiwari at Blockchain

E-commerce juggernaut Amazon has secured a patent that involves using distributed ledger technology (DLT) to track delivery packages. This, according to an article by Nasdaq, June 5, 2020. Amazon Integrates Blockchain Into Its Operations In a bid to leverage the benefits of emerging tech, U.S.-based conglomerate Amazon has filed a patent that utilizes...

U.S. Banking Regulatory Agency Seeks Synergy Between Crypto and Banks

June 5, 2020 by Anthonia Isichei at Regulation

The Office of the Comptroller of the Currency (OCC), the agency responsible for regulating banks in the United States, has requested public input into possible interface points between crypto and blockchain tech and mainstream banking architecture. OCC Regulatory Review Could Pave Way for Crypto Regulations In a press release on...

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Wyoming: New Blockchain Committee to Focus on Digital Identity and Property Rights Solutions

May 17, 2020 by Aisshwarya Tiwari at Regulation

According to a report by Wyoming Tribune Eagle published on May 17, 2020, Rep. Jared Olsen, R-Cheyenne, and Senate Minority Leader Chris Rothfuss, D-Laramie, have announced the formation of Wyoming’s new permanent Select Committee on Blockchain and Financial Technology. Wyoming Goes Big on Blockchain Wyoming Legislature has announced the creation...

Bitcoin Halving Effect? Data Suggests People Buying More BTC Since February 2020

April 29, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

According to data released by Glassnode, a leading blockchain and cryptocurrency analytics platform, the number of Bitcoin wallet addresses having a minimum of 0.1 BTC has continued to surge, hitting 3,010,784 on Monday, as more and more crypto investors continue to stack up their Bitcoin holdings. Bitcoin Attracting New Hodlers? ...

U.S.: Kentucky Finalizes Creation of Blockchain Working Group

April 26, 2020 by Aisshwarya Tiwari at Regulation

The U.S. state of Kentucky has decided to move ahead with a legislative effort that seeks to create a working group focused on blockchain technology. This, according to the Kentucky General Assembly website, April 26, 2020. Kentucky Greenlights Blockchain Working Group In the latest regulatory push for distributed ledger technology...

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Wyoming: Insurers Will Soon Be Able to Invest in Crypto Assets

April 14, 2020 by Ogwu Osaemezu Emmanuel at Regulation

Wyoming authorities have amended the state’s insurance code to make it possible for insurance firms to invest in Bitcoin (BTC) and other digital currencies. The new regulation will go live on July 1, 2020, according to a Mondaq report on April 13, 2020. Wyoming Insurers to Invest in Digital Assets...

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