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Ohio to Legally Recognise Blockchain Data
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Ohio to Legally Recognise Blockchain Data

Ohio has officially become the latest state in the United States to legally recognize records and smart contracts stored on the blockchain. The news comes just months after the lawmakers from Ohio introduced a bill in May to amend sections within the Uniform Electronics Transactions Act to treat data stored...
Blockchain Spending to Reach Almost $12 Billion in 2022
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Blockchain Spending to Reach Almost $12 Billion in 2022

There is a new update to the Worldwide Semiannual Blockchain Spending Guide, from International Data Corporation (IDC). As per the update, worldwide spending on blockchain solutions is forecast to reach $11.7 billion in 2022. Worldwide Semiannual Blockchain Spending Guide examines the blockchain opportunity from a region, an industry, a use...
Political Action Committee (PAC) formed by Coinbase
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Political Action Committee (PAC) formed by Coinbase

The popular cryptocurrency exchange Coinbase has formed its own Political Action Committee (PAC). As the cryptocurrency industry is on the hunt to gain more users, Coinbase is looking forward to an increased presence in Washington DC. The Communications Director of Coinbase, Elliot Suthers, confirmed that the exchange has launched a...
US Ranked Among Top Three for Most Coin Offerings (ICOs)
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US Ranked Among Top Three for Most Coin Offerings (ICOs)

Along with Switzerland and Singapore, US ranked among the top three leading destinations for ICO projects according to a new study. The report notes that authorities in other jurisdictions, like Russia and Estonia, are working to adopt favorable regulations in order to attract more crypto startups. The findings coincide with...
Bitcoin Used by Russian Spies to Influence US Presidential Elections
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Bitcoin Used by Russian Spies to Influence US Presidential Elections

The U.S.Department of Justice recently filed new charges against 12 Russian 'intelligence agents' or spies who hacked into the Democratic National Committee and the 2016 Clinton presidential campaign. According to this charge, these spies used cryptocurrencies like Bitcoin to hide their identities and launder money. They managed to get private...
Florida Appoints new Crypto Chief Recognizing Crypto Growth
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Florida Appoints new Crypto Chief Recognizing Crypto Growth

The number of crypto payments is increasing day by day throughout the US, keeping this in mind, Florida has decided to appoint its own crypto chief. His prime role will be to manage, regulate and provide oversight on cryptocurrencies. All ICOs and cryptocurrency will have to register with the Office of Financial Regulation...
Members of US Congress Asked to Reveal Their Crypto Assets
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Members of US Congress Asked to Reveal Their Crypto Assets

Very soon it will be open to all that which members of the US House of Representatives have joined the crypto world. According to a memo issued by the US House Ethics Committee all the lawmakers, officers and employees are informed that they must disclose any and all cryptocurrency investments over $1,000....
Bitcoin Trader in US Convicted for Illegal Money Transfer
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Bitcoin Trader in US Convicted for Illegal Money Transfer

A Los Angeles based woman, who claimed to be the 'Bitcoin Maven', will be sentenced for illegal money transmission this Monday. The 50-year-old lady Theresa Tetley who also claimed to be known as 'Bitcoin Maven' sold bitcoins without any formal registration with the financial authorities. She is a local bitcoin...
Former US FDIC Chair: The Fed Should Consider Issuing a CBDC
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Former US FDIC Chair: The Fed Should Consider Issuing a CBD & Hemp

The former chair of the US FDIC (Federal Deposit Insurance Corporation) stressed that the Federal should seriously consider its own cryptocurrency now, in an op-ed last week. Sheila Bair, the former head of the U.S. Federal Deposit Insurance Corporation (FDIC) emphasized the need for the Federal to consider the prospects...
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