Cryptocurrencies

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Texas Representative Wants to Ban the Anonymous Use of Cryptocurrency

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A Republican member of the Texas House of Representatives, Phil Stephenson, has just introduced a bill that would require residents of the state to identify themselves if they wish to use cryptocurrencies. H.B. No. 4371 details that individuals who send and receive digital currencies must be known. Although, if the user happens to use a … Read more

China’s Wenzhou Residents Bolster the Idea of a ‘Blockchain Village’

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According to regional reports from China, a village located within the Wenzhou, Zhejiang region called Yuedong has been gathering attention due to its receptiveness toward cryptocurrencies and blockchain technology. In consonance with social media posts on Weibo, roughly 60 percent of the residents in Yuedong know about cryptocurrencies and many of the villagers have invested … Read more

‘Bitcointopia’ Founder Admits Selling Government-Owned Land to Bitcoiners

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The founder of a scheme called Bitcointopia to sell land in the U.S. state of Nevada to bitcoiners has admitted in a federal court that some land was not his to sell. Previously arrested for selling BTC to an undercover agent through Localbitcoins, he also pleaded guilty to running an unlicensed money transmitting business. Also … Read more

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