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Russian State Duma Defers Consideration of Bill On Digital Financial Assets

The State Duma of the Russian Federation has deferred consideration of the bill “On Digital Financial Assets” to April 2019,  local media outlet TASS reported on March 20.The second reading of the draft federal law “On Digital Financial Assets” has reportedly been rescheduled for April, following a decision made

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US State of Connecticut Introduces Bill to Authorize Smart Contract Use in Commerce

A committee of the Connecticut state legislature has proposed to authorize the use of smart contracts in commerce in the state, according to official documentation introduced on March 7.The Commerce Committee of the Connecticut General Assembly (CGA) has introduced House Bill 7310, suggesting that blockchain-powered smart contracts may be

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Cryptopia Website Goes Live After Slight Delay, User Balances Held from Pre-Hack State

Recently hacked crypto exchange Cryptopia has relaunched its website in a read only format, along with resuming user balances to its pre-hacked state, the exchange tweeted on March 5.Following last week’s announcement of a March 4 launch date, Cryptopia has slightly delayed the relaunch by providing the live website

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Malaysian State to Launch Blockchain Solution to Track Agricultural Products, Says Official

The Malaysian state of Penang is considering the use of blockchain technology in food and agricultural products supply chains, local English-language newspaper The Star reports on March 1.According to the country’s Deputy Minister of Agriculture and Agro-based Industries, Sim Tze Tzin, cited by the newspaper, the technology can be

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Russian State Duma to Review Crypto Regulation, Oil-Backed Crypto in Development

The Russian State Duma (the lower house of the Federal Assembly of Russia) plans to review and adopt new cryptocurrency regulation in March.  The former Energy Minister Igor Yusufov is also proposing an oil-backed crypto, Russian financial outlet Rambler reported on Feb. 21.Furthermore, Rambler reports that the head of the

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New York State as a “Tough” Model of Crypto Regulation

Recently the New York Department of Financial Services (NYDFS) granted statewide virtual currency licenses to two applicants: stock trading service Robinhood and cryptocurrency ATM operator LibertyX. The state’s regulatory regime, commonly known as BitLicense, imposes a set of strict disclosure and consumer-protection requirements on any business that offers cryptocurrency-related services to

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California Governor Talks Blockchain and Data Privacy in State of the State Speech

The governor of California Gavin Newsom supported the development of blockchain and artificial intelligence (AI)-based products in his “State of the State” speech, local news outlet CALmatters reported on Feb. 12.In his speech delivered on Tuesday, Feb. 12, Newsom said that “California needs a comprehensive statewide strategy to uplift and

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Argentina’s State Public Transport Card SUBE Accepts Bitcoin

Argentinian state public transport card SUBE (Sistema Único de Boleto Electrónico) can now be topped up using Bitcoin (BTC), Cointelegraph in Spanish reported Friday, Feb. 8.Alto Viaje, a platform for adding money to SUBE cards, has partnered with Bitex, which provides blockchain-driven financial services to businesses. As a result of

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