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Last week’s Crypto Biz newsletter explained how Wall Street is essentially marketing Bitcoin (BTC) for us after Wells Fargo said digital assets could “soon hit a hyper-inflection point” in terms of adoption. This week, JPMorgan Chase issued its own bullish outlook when it labeled the Metaverse a $1 trillion a
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The draft law was announced in October and local media reported the law was passed by the nation’s legislators in late November. The “Digital Asset Law” officially went into effect Tuesday following its publication in the official gazette, and will be applied six months from now. Under the new specifications, digital
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The Venezuelan agency responsible for regulating cryptos has legalized the mining industry, but in the process mandated it be centralized under government control. Source
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With the new year Illinois became the latest state to recognize smart contracts and other blockchain-based records as legal instruments.The state’s “Blockchain Technology Act,” sponsored by Rep. Keith Wheeler (R), took effect Jan. 1, opening a slew of potential new legal scenarios for blockchain-based contracts. These contracts are now admissible
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