US States working on blockchain legislation in 2017
At least eight US States have worked on bills accepting or promoting the use of Bitcoin and Blockchain technology this year, and a couple of them have already passed them into law. The bills cover a wide range of purposes, from increasing transparency in State operations to protecting consumers from added taxation. Some have been very specific, defining blockchains and smart contracts, while describing the tecnology as “immutable” and providing “uncensored truth.”
A Securities Law Framework for Blockchain Tokens
This document is a general guide for developers and users of tokens. Part 1 âis designed to estimate how likely a particular token is to be a security under US federal securities law. Part 2â sets out some best practices for crowdsales. Part 3â is a detailed securities law analysis by Debevoise & Plimpton LLP.
U.S. Department of Homeland Security funds four blockchain companies developing new cyber security technology
The U.S. Department of Homeland Security, Science and Technology Directorate, recently unveiled a list of 13 small businesses working towards “the development of new cyber security technology.” The companies are part of the 2016 Small Business Innovation Research program. Each was awarded approximately $100,000 in funding, for a total of $1.3 million, and four are using blockchains in their product.
North Carolina ripe for Bitcoin startups
Not only has North Carolina recently led all other states at economic development targeting startups, even their new money transmitter rules have been overhauled to attract bitcoin business, exempting certain bitcoin exchanges and administrators.
Controversy arises as new Blockchain Alliance engages with US law enforcement
A deep rift in the bitcoin community has swiflty opened in the last 24 hours. Several prominent bitcoin service companies have joined an alliance with several U.S. Law enforcement agencies, with many prominent leaders on both sides of the issue voicing their opinions.
Digital Currency Friendly Bank Headed To USA
German Fidor Bank AG plans expansion to USA, bringing along a positive attitude towards Bitcoin.
US State Considers Bitcoin For Taxes
Representatives in New Hampshire have started a process tackling one of Bitcoins barriers to adoption.