Sunday, September 20, 2020
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Blockchain Bites: BitLicense Feedback, Digital Yuan Trial and How US Bills Could Threaten Privacy

China will trial its digital yuan with a mega food retailer, U.S. bills are seriously threatening online privacy and an a16z alum is launching a venture firm focused on distributed tech. Here’s the story: Trial PlanChina wants to trial its digital yuan with online food seller Meituan-Dianping as well as another two Tencent-backed companies. The

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Noted Tax Haven Cayman Islands Sees New Bills to Bring Local Crypto to FATF’s Heel

On April 28, the legislative assembly of the Cayman Islands gazetted five new pieces of legislation governing crypto businesses — especially exchanges. How the new legislation would change the Cayman Islands’ crypto industryThe Virtual Asset Service Provider Bill would establish definitions and registration requirements for companies providing crypto services including exchanges,

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Coincheck Gas Allows Tokyo Residents to pay Gas Bills in Bitcoin or Receive BTC Rewards

Japanese crypto exchange Coincheck, in partnership with E-net Systems, has launched a program to reward gas users in the Tokyo area with Bitcoin. Consumers will be able to receive bitcoin based on gas consumption or directly pay their bills with the popular cryptocurrency. The news comes from an official announcement,

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Crypto Company Gives Individuals a Chance to Mine Bitcoin Without Sky-High Energy Bills

With demand for Bitcoin on the rise in response to soaring prices of late, attention is increasingly being turned to mining.However, the market has changed from the early days of cryptocurrency, when Bitcoin was in plentiful supply, as few knew about the opportunity and high mining rewards could be

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US FTC Sues Startup for Allegedly Misusing Raised Funds on Bitcoins and Credit Card Bills

The United States Federal Trade Commission (FTC) is suing a startup for spending its raised funds on bitcoins (BTC) and credit card bills, rather than the stated products, the court filing revealed on May 6.The FTC brought a lawsuit before the U.S. District Court for the Southern District of

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Cryptocurrency Payments for Electricity Bills: Looking Ahead

Cryptocurrency Payments for Electricity Bills: Looking Ahead February 9, 2019 by William Peaster This week, the energy arm of ConsenSys spinoff Grid+ angled toward cryptocurrency payments for electricity in two of Texas’s largest electric delivery service areas. Zooming out, the modest step forward forebodes a future where second-layer blockchain scaling solutions and

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US State of Wyoming Passes Two New Blockchain, Crypto-Related Bills

The state legislature of the American state of Wyoming has reportedly passed two new house bills that aim to foster a regulatory environment conducive to cryptocurrency and blockchain innovation. The developments were reported by the president of the Wyoming Blockchain Coalition, Caitlin Long, in two tweets posted Jan. 10 and

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Russian Parliament to Focus on Digital Economy Bills in Next Session, Says Chairman

Vyacheslav Volodin, the chairman of the lower chamber of the Russian parliament, has said that bills on the digital economy will be a priority during the upcoming session. The parliament’s official website revealed this in a press release published Wednesday, Jan. 9.Speaking at the opening of the parliament’s spring session,

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