Cryptocurrency Analysis and News Portal
The New Jersey state legislature is now considering a new bill that would require cryptocurrency businesses to obtain a proper license to operate.Assemblywoman Yvonne Lopez proposed the Digital Asset and Blockchain Technology Act on Feb. 20. The legislation would establish new requirements for virtual currency businesses and create consumer-friendly
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Bitcoin has so far survived for more than 11 years. The network continues to function as intended, in part, thanks to an assumption that miners will always act in their own best interests economically.But what if a powerful, rich actor set its sights on destroying Bitcoin? What if that actor
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ALBANY, N.Y. — The New York State Senate will be considering two bills that would bolster the use and development of blockchain tech in the Empire State.The first bill, S4142, would recognize blockchain-based records and contracts as electronic signatures under state law, giving them legal clout. The second, S6037A, would
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After dropping zcash in its U.K. operation last year, Coinbase has now added the privacy enhancing cryptocurrency in New York state.The San Francisco-based crypto exchange announced the news in a tweet on Monday, saying that the state's residents can now buy, sell and exchange zcash (ZTC) on Coinbase.com, as well
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If venture investments and acquisitions provide a window into the sentiment in markets, boy, did we get a big dose of information today. We also look at a set of acquisitions, including a ConsenSys acquisition poised to get the company in the $3.8 trillion municipal bond space, a Bakkt acquisition poised to get it ready
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The Indian state of Telangana is to launch a dedicated blockchain incubator.According to a report in the Times of India on Monday, Rama Devi, a senior official in the IT&C Department of the state government, said the new incubator would soon team with top educational institutions, such as IIIT-Hyderabad
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In the United States, Virginia’s state legislature looks to study blockchain to improve elections and voting.Prefiled on Dec. 27 and scheduled for offering on Jan. 8, a new bill requesting further study into blockchain-based elections has emerged in Virginia’s General Assembly. The bill, House Joint Resolution 23, asks the
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China has formally implemented a law governing cryptographic password management as part of its pre-release plans for its central bank digital currency (CBDC).As English-language news media outlet China Money Network reported on Jan. 1, the latest regulations have become legally binding following their unveiling in October last year.Crypto security
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The U.S.-based asset management and administration firm State Street announced the launch of a digital asset pilot project in collaboration with Gemini Exchange, a digital currency exchange and custodian led by the Winklevoss twins.The new joint crypto project is the culmination of intense research efforts from State Street and Gemini
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“There is small, but growing demand from our clients for solutions of this type and many technical, operational, regulatory, and legal considerations to be addressed," said Ralph Achkar, managing director of Digital Product Development and Innovation at State Street. "That is why we have opted for an open model, and
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