#United States News

U.S. Authorities to Launch Blockchain Pilot for Intellectual Property Rights

August 18, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

As part of its preparation for the upcoming Commercial Customs Operations Advisory Committee (COAC) meeting, the U.S. Customs and Border Protection (CBP), a federal law enforcement agency, intends to trial distributed ledger technology (DLT) in intellectual property rights (IPR) enforcement by the end of August 2019, reports Yahoo Finance on...

OFAC examining Bitcoin and Ethereum tokens

United States: OFAC Prioritizes Cryptocurrency Regulation and Enforcement

August 14, 2019 by Ogwu Osaemezu Emmanuel at Regulation

The United States Department of Treasury's Office of Foreign Assets Control (OFAC) has shown a rekindled interest in regulating the cryptocurrency industry and enforcing the guidelines. The agency has hinted that regulating the cryptospace has become its top priority, and it could use an aggressive approach to sanitize the industry,...

VanEck, Bitwise and Wilshire Pheonix Bitcoin ETF Proposals Delayed by SEC, Again

August 13, 2019 by Ashwath Balakrishnan at Bitcoin

VanEck, Bitwise, and Wilshire Phoenix have all had their ETF proposal decisions postponed by the SEC. According to the circular issued by the regulator, August 12, 2019, the commission decided the most coherent option they had was to further study these proposals and the market before making a decision. The...

Blockstream Reveals Secret Mining Project Geared at Improving Bitcoin Decentralization

August 9, 2019 by Edoardo Vecchio at Bitcoin

On August 8, Canadian company Blockstream unveiled Blockstream Mining, a new solution to host and manage Bitcoin mining equipment at facilities located in Quebec and the United States. The project also includes a mining pool based on the BetterHash protocol. Blockstream Emerges in Mining Blockstream, a leading Bitcoin development company...

Bitcoin Holding Broom Cleaning Texas State Board Room

Texas: Security Commission Files Against Crypto Scam, Offers Guidance for Cryptocurrency Investors

August 9, 2019 by Edoardo Vecchio at Bitcoin

According to a Texas State Security Board announcement dated August 7, a cease and desist order has been filed against a New York-based company who was promising improbable returns to investors through its unlicensed platform which dealt with forex and securities trading, as well as cryptocurrency investing. The board has...

Federal Reserve clock ticking lightining payments

The U.S. Federal Reserve to Launch Real-Time Payments System

August 6, 2019 by Ogwu Osaemezu Emmanuel at Finance

In a bid to make it possible for financial institutions under its purview to facilitate real-time, round-the-clock payments, the United States Federal Reserve, the nation’s central bank, has announced plans to launch its new payment and settlement service called FedNow, according to a press release on August 5, 2019. Modernized...

Americans Buying more Bitcoin Every Quarter Since Q1 2018

August 3, 2019 by Osato Avan-Nomayo at Bitcoin

Bitcoin is becoming increasingly popular in the U.S. with an observable quarterly increase in BTC sales in the country. This trend is despite a year-long bear market that characterized all of 2018. Some commentators believe more money will flow into BTC in the U.S. following the changing demographics of the...

A rocky mountain sign covered in blue blockchains

Cryptocurrency and Blockchain Regulations Clarified in Rocky Mountain U.S. States

August 2, 2019 by Ogwu Osaemezu Emmanuel at Regulation

In a bid to provide regulatory clarity to issuers and buyers of distributed ledger technology (DLT) based virtual currencies in the area, Wyoming, Colorado, and Montana states have taken the bold step to draft bills pertaining to the use of bitcoin and altcoins, reports Natlawreview on August 1, 2019 The...

Walmart Stablecoins pointing at a Walmart shop

Walmart Files Patent for Stablecoin

August 2, 2019 by Ashwath Balakrishnan at Altcoins

Retail behemoth Walmart has filed a patent with the U.S. Patent and Trademark Office for a stablecoin that is tied one for one to a reserve of fiat currency - most likely the dollar, August 1, 2019. The stablecoin will be issued and monitored over a blockchain, which is more...

Regulatory Pressure Could Prevent Facebook’s Libra from Launching

July 31, 2019 by Anthonia Isichei at Altcoins

The intense scrutiny from regulatory agencies, governments, and central banks globally regarding Facebook’s Libra, could just be the end of the company’s stablecoin project. According to a report by CNBC, Facebook revealed in a recent filing with the U.S. Securities and Exchange Commission (SEC) that plans to launch Libra in...

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