Arizona to Test Marijuana-Oriented Stablecoin in State Fintech Sandbox
An Arizona startup is testing its stablecoin payments platform for the medical marijuana industry through the state’s fintech sandbox Go to Source Powered by WPeMatico
Government
Auto Added by WPeMatico
Major Indian Trade Organization Speaks Out Against Proposed Crypto Ban
Nasscom, a major Indian IT trade organization, has spoken out against the proposed government ban on crypto in the country Go to Source Powered by WPeMatico
Some Senators Call on US to Lead in Blockchain and Crypto, Others Doubt
U.S. senators gave statements in a hearing today, with some advocating for a more focused approach to blockchain, while others scrutinized cryptocurrencies Go to Source Powered by WPeMatico
When Cash Is Banned, Centralized Cryptos Are Not Going to Save You
Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many Aussies are celebrating Bitcoin’s exclusion from this clause, others find the move away … Read more
Live: Crypto, Blockchain Hearing at US Senate Banking Committee
Cointelegraph has tuned in live to the United States Senate Banking Committee hearing on a regulatory framework for digital currencies and blockchain. Go to Source Powered by WPeMatico
Reddit Roasts the IRS: Have America’s Tax Collectors ‘Gone Crypto Fishing’?
In a juicy little chunk of news from the Redditsphere, a user claiming to be a former IRS employee has called the agency’s new crypto compliance letters “broad and very error-prone fishing expeditions.” The throwaway account details the “really bad data” used by the agency, saying they’re operating mostly from guesswork, casting broad nets and … Read more
US Defense Dept. to Experiment With Blockchain-Based Security
The U.S. Department of Defense has put blockchain on its four-year roadmap for cybersecurity improvements Go to Source Powered by WPeMatico
Head of SEC Enforcement Dept. for Cryptocurrency, Cyber Security Resigns
The chief of the SEC Division of Enforcement’s Cyber Unit has resigned, after around two years of leading investigations involving crypto and cyber security Go to Source Powered by WPeMatico
Circle CEO to Testify Before Senate on Blockchain and Digital Assets
The CEO of Circle will argue for pro-innovation blockchain policies before a U.S. Senate committee tomorrow Go to Source Powered by WPeMatico
Calls Intensify for Indian Government to Regulate Cryptocurrency
Since the Indian government unveiled a draft bill to ban cryptocurrency, the crypto community has ramped up its efforts to influence the government’s final decision. The community has plans to reach out to parliament members to show them how flawed the crypto recommendations the government is examining are. Also read: G20 Leaders Issue Declaration on … Read more