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Blockchain Nation Miami • April 25-26, 2018

Blockchain Nation Conference an event organized by Crypto World Journal provides a unique platform to learn about the latest trends,…

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Tag: US

New Bitcoin ATMs Deployed in Washington DC and Zimbabwe

Category: Bitcoin, Business, Finance, News

New Bitcoin ATMs Deployed in Washington DC and Zimbabwe

Coinsource, a bitcoin teller machine (BTM) network, announced on April 12, 2018, a deployment of 20 BTMs in the Washington, D.C. metropolitan area. The bitcoin ATM network will have a total of 182 Coinsource machines in 18 states. Zimbabwean cryptocurrency exchange Golix will also be installing a BTM. Unlike Coinsource, Golix’s BTM will be the first in Zimbabwe. “We are…

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Centra Tech Co-founders Arrested For Fraudulent ICO

Category: Altcoins, Finance, News, Regulation

Centra Tech Co-founders Arrested For Fraudulent ICO

Thousands of investors were duped by a dodgy initial coin offering (ICO) by Sohrab “Sam” Sharma and Robert Farkas, co-founders of a business called Centra Tech, announced the US Securities and Exchange Commission (SEC) on April 2, 2018. The ICO was promoted by celebrities such as Floyd Mayweather and DJ Khaled. Both Sharma and Farkas now face criminal charges in…

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Arizona Just Approved America’s First Regulatory Sandbox for Blockchain Firms

Category: Blockchain, Business, News, Regulation, Tech

Arizona Just Approved America’s First Regulatory Sandbox for Blockchain Firms

FinTech firms in Arizona couldn’t have asked for a better gift from Governor Doug Ducey as the big man signed House Bill 2434 into law. With this development, Arizona has now become the first state in the United States to have a regulatory sandbox for FinTech firms. Note that while this is the first-of-its-kind initiative in the US, industry-specific regulatory…

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Cryptocurrency Defined as a New Asset Class in the US State of Wyoming

Category: Altcoins, Bitcoin, News, Regulation

Cryptocurrency Defined as a New Asset Class in the US State of Wyoming

The world of cryptocurrency world has morphed into a whole new ecosystem within the past couple of years, and even as the industry surges ahead daily regarding developments and technological advancements, there is little development on the regulatory front. Generally, the two federal agencies that serve in the U.S, that is The SEC and CFTC primarily serve the American cryptocurrency…

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Cryptocurrency-related Hedge Funds are Starting to Worry the SEC

Category: Altcoins, Bitcoin, Finance, News, Regulation

Cryptocurrency-related Hedge Funds are Starting to Worry the SEC

The U.S. Securities Exchange Commission (SEC) has a new issue to worry about in its fight to regulate cryptocurrencies. The SEC is now looking into business practices of several funds which were set up to invest in cryptocurrencies and initial coin offerings. As if the SEC had nothing more to worry about, they are now expressing their concerns with hedge…

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Twitter Bot Tracks Neo-Nazi Bitcoin Transactions

Category: Bitcoin, News

Twitter Bot Tracks Neo-Nazi Bitcoin Transactions

A Twitter bot bearing the name Neonazi BTC Tracker tracks and monitors Bitcoin donations made to The Daily Stormer. Following the catastrophic conclusion to the “Unite The Right” rally in Charlottesville, Virginia, the neo-Nazi website the Daily Stormer, has been scrounging for new media platforms. Shortly after the violent fallout, GoDaddy, CloudFlare, Scaleway halted all services to the website. After…

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Bitcoin Foundation Fights Back Against Stifling Regulation in the US

Category: Bitcoin, News, Regulation

Bitcoin Foundation Fights Back Against Stifling Regulation in the US

The world’s leading bitcoin advocacy group, the Bitcoin Foundation, announced that it had retained legal counsel to seek advice on how to fight back against stifling federal and state level regulations that are hindering the progress of bitcoin and other digital currencies as an innovative new financial technology. According to a press release by the Washington-based nonprofit organization that seeks…

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Blockchain Startup Provenance Debuts Meat Products Tracking Platform in the US

Category: Blockchain, Business, News

Blockchain Startup Provenance Debuts Meat Products Tracking Platform in the US

UK-based blockchain technology company Provenance has debuted technology in conjunction with Grass Roots Farmers Cooperative in Arkansas that will allow customers to use the blockchain to track their meat products from farm to fork. The project is supported by Heifer USA, and the products will be sold through the Golden Gate Meat Company. The Grass Roots Farmers Cooperative is a…

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SEC Throttles “Initial Coin Offerings,” Tokens Are Subject to Securities Laws

Category: Ethereum, News, Regulation

SEC Throttles “Initial Coin Offerings,” Tokens Are Subject to Securities Laws

“It will only be a matter of time before the regulators get involved and instigate appropriate measures to ensure the man or woman in the street does not get compromised.” – Tim Lea, author of the book Down The Rabbit Hole: Discover The Power of the Blockchain. In a July 25 press release that sent shockwaves through the blockchain community,…

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Declaring Crypto at the U.S. Border: Say What?

Category: Bitcoin, News, Regulation

Declaring Crypto at the U.S. Border: Say What?

With terrorist activity concerns continuing to escalate, four U.S. senators have proposed legislation that would lead to significantly expanded federal government powers to seize citizen money when traveling to or from the United States. On May 25, a bi-partisan congressional group consisting of Sens. Charles Grassley (R-Iowa), Dianne Feinstein (D-Calif.), John Cornyn (R-Texas) and Sheldon Whitehouse (D-R.I.) introduced to Congress…

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