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USA


The United States Postal Service (USPS) had filed a patent last September for a system with public and private keys and a “block chain [sic] component” for authenticating user information, according to a patent filing released yesterday, March 22, by the the US Patent and Trademark Office. The patent, titled “Methods and Systems for a …

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The US Department of the Treasury may begin adding digital currency addresses to its sanctions list if they can tie them to a sanctioned individual, according to a document issued March 19. The Office of Foreign Assets Control (OFAC) may add digital currencies addresses and wallets to the Specially Designated Nationals And Blocked Persons List …

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American multinational tech company IBM has announced the launch of their new IBM Blockchain Starter Plan (in Beta) as a way facilitate more Blockchain use in businesses of any scale, according to an IBM blog post from March 16 and the 72 hour live stream from conference Think 2018 today, March 21. The IBM Blockchain …

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The US National Security Agency (NSA) is reportedly able to locate senders and receivers of Bitcoin around the world, as classified documents provided by Edward Snowden reveal, The Intercept reports March 20. The sources used for this article were disclosed to The Intercept, a publication dedicated to ‘adversarial journalism’ founded by Glenn Greenwald, Laura Poitras, …

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A group of Russian deputies headed by Anatoly Aksakov, Chairman of the State Duma Committee on Financial Markets, submitted a draft of federal law on cryptocurrencies and Initial Coin Offerings (ICO) regulations to the State Duma, as reported in an official press release March 20. According to the press release, the documents “On Digital Financial …

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While China has spent the past year implementing a series of prohibiting regulations that have made it almost impossible for the cryptocurrency industry to thrive within the country, Chinese crypto enthusiasts have not let government regulation prevent them from moving forward with crypto and Blockchain innovation. Operating in China within the limits of the many …

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A recent study on Americans and cryptocurrencies, commissioned by Finder.com in February, shows that 8 percent, or around 26 mln, of Americans have purchased cryptocurrency. Finder’s survey was answered by 2,001 Americans adults using Pureprofile, a site that gives cash rewards to users that participate in its surveys. The survey found that out of the …

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The US Federal Trade Commission (FTC) has created a Blockchain Working Group to identify and target fraudulent schemes which affect the FTC’s consumer protection and competition missions, according to a blog post published on the agency’s website March 16. According to FTC Acting Chief Technologist Neil Chilson, the internal Blockchain Working Group intends to combine …

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President Donald Trump of the US has banned the Venezuelan government-backed cryptocurrency, the Petro, by executive order March 19, Bloomberg reports. The ban reportedly comes as part of a campaign to put pressure on the Venezuelan government of President Nicolas Maduro. By the order, US citizens are banned from engaging in transactions using the oil-indexed …

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The Hong Kong Securities and Futures Commission (SFC) has stopped Black Cell Technology’s Initial Coin Offering (ICO) on the grounds that the offering constituted an unregistered Collective Investment Scheme (CIS), according to a SFC website bulletin posted today, March 19. Black Cell must now refund Hong Kong investors of their investments in the token, which …

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For the first time the US Congress has dedicated an entire section to cryptocurrencies and Blockchain technology in its annual Joint Economic Report, published March 13. The 2018 Joint Economic Report contains analysis and recommendations for the coming year and dedicates an entire chapter to providing insight into the impact of cryptocurrencies and Blockchain on …

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The US Securities and Exchanges Commission (SEC) Enforcement Division Co-Director Stephanie Avakian confirmed that the agency is conducting “dozens” of investigations in the cryptocurrency space, Bloomberg BNA reports March 15. Avakain’s comments follow press reports in late February that the SEC has sent subpoenas to  companies suspected of running afoul of securities laws via their …

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The beverage giant Coca-Cola is teaming up with the US State Department and three other companies to launch a project that uses Blockchain technology to create a secure registry of workers worldwide, Reuters reports March 16. According to the International Labor Organization, nearly 25 mln people work under forced labor conditions globally, 47 percent of …

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The small US city of Plattsburgh NY has unanimously passed a measure to ban crypto mining in the town, Vice reported March 15. The city council unanimously approved an 18 month moratorium on crypto mining activities in Plattsburgh. The moratorium only affects new Bitcoin mining operations and does not affect ones already existing in the …

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The Subcommittee on Capital Markets, Securities, and Investment convened Wednesday, March 14, to discuss the future of cryptocurrencies, digital currencies, ICOs, and Blockchain development in the US. Throughout the course of the proceedings, it became clear that the panel of four crypto and Blockchain industry experts was more or less in agreement that further regulatory …

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The G20 is set to hold two separate discussions on cryptocurrencies next week in an effort to seek what representatives call a “common response” on regulation. A media representative for next week’s summit, to be hosted by Argentina, which currently holds the G20 presidency said that the first meeting will take place Monday. The talks …

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This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. As Bitcoin and cryptocurrencies gain more and more media coverage, investors who have never been involved in crypto are increasingly asking the question of whether cryptocurrencies could provide meaningful portfolio …

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The Subcommittee on Capital Markets, Securities, and Investment considered the major questions associated with cryptocurrency and Initial Coin Offerings (ICO) in a recent hearing entitled “Examining Cryptocurrencies and ICO Markets” that took place in Washington DC on March 14. At the hearing, the Subcommittee discussed ICOs and cryptocurrency, the potential benefits for the economy, provision …

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Ripple Labs Inc., the company behind the Ripple settlement system, has lost its opportunity to hold the court hearing over a contested contract with its rival R3 in its home state, California, Bloomberg reported March 13. In September 2017, the R3 consortium filed a lawsuit in Delaware and New York against Ripple, claiming that the …

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The US state of Wyoming has now created a new class of assets in defining cryptocurrency as “Utility Tokens”, reports Forbes March 13. As previously reported by Cointelegraph, the Wyoming state legislature passed House Bill 70 on March 6, which effectively exempts crypto from state securities regulations. The bill was signed into law by Governor …

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