U.S. Will See Blockchain Exodus if Congress Doesn’t Figure out Cryptocurrency Regulation

More than 50 stakeholders from the cryptocurrency and finance industries this week met with U.S. lawmakers in Washington to discuss the future of blockchain regulations in the country. The roundtable, which took place at Capitol Hill at the behest of Rep. Warren Davidson (R-OH), saw attendance from the representatives of industry heavyweights including Coinbase, Kraken, The post U.S. Will See Blockchain Exodus if Congress Doesn’t Figure out Cryptocurrency Regulation appeared first on CCN

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Bitcoin Not Useful for Terrorists, Expert Tells US Congress

Despite scattered reports and fears about crypto’s potential use in facilitating terror activities, multiple bitcoin fundraising attempts have failed and cash remains substantially more useful to terrorists. This was the message delivered by Yaya Fanusie, director of analysis for the Foundation For Defense of Democracies Center on Sanctions and Illicit Finance in a prepared testimony delivered The post Bitcoin Not Useful for Terrorists, Expert Tells US Congress appeared first on CCN

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Coinbase Forms Political Action Committee Amid Uncertain Regulatory Climate

Coinbase has become the first crypto industry organisation in the USA to form a Political Action Committee (PAC). This was revealed on July 20 in a filing by the United States Federal Election Commission (FEC). The move is the latest in a series of bold moves by the crypto exchange and wallet provider as it The post Coinbase Forms Political Action Committee Amid Uncertain Regulatory Climate appeared first on CCN

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Ukraine Bitcoin Fans Aim to Put Satoshi Nakamoto Statue Where Lenin’s Once Stood

Plans are underway in Ukraine to honor the pseudonymous creator of Bitcoin, Satoshi Nakamoto, by erecting a statue of him in Kiev. The preferred location for the statue is Shevchenko Boulevard, where a monument to Vladimir Lenin — the father of the Soviet Union — stood before it was brought down during the 2014 Ukrainian … Continued The post Ukraine Bitcoin Fans Aim to Put Satoshi Nakamoto Statue Where Lenin’s Once Stood appeared first on CCN

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ICO Promoter John McAfee Says He’s Running for President [Again]

John McAfee, the cybersecurity pioneer and ICO promoter, has announced on Twitter he has decided to run for president of the United States in 2020, past refusals notwithstanding. In spite of past refusals, I have decided to again run for POTUS in 2020. If asked again by the Libertarian party, I will run with them. The post ICO Promoter John McAfee Says He’s Running for President [Again] appeared first on CCN

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Quebec Premier Disses Bitcoin Miners Seeking Cheap Power Rates in Canada

The post Quebec Premier Disses Bitcoin Miners Seeking Cheap Power Rates in Canada appeared first on CCN Quebec Premier Philippe Couillard has given the cold shoulder to bitcoin miners seeking to take advantage of Quebec’s cheap energy costs. Hydro-Quebec, the Montreal, Canada-based utility, warned last week that cheap power would not be available to every company expanding to the province, hinting the company could set a higher tariff on cryptocurrency miners. Couillard The post Quebec Premier Disses Bitcoin Miners Seeking Cheap Power Rates in Canada appeared first on CCN

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