New York always leads in the financial world. Recently, the state created a task force to determine the perfect balance to regulate cryptocurrencies expected to take over the global financial space.
Warren Davidson, the biggest bitcoin enthusiast in Congress is set to introduce a new pro-ICO and crypto legislation. He believes that cryptocurrencies can thrive in a Federal-regulated environment.
Starting from today, Ohio businesses can pay taxes with Bitcoin. The authorities will use crypto payment processor BitPay which will handle the payment in crypto and conversion to dollars for the tax office.
More than 97% of people commenting on the SEC website have shown sincere interest in Bitcoin ETF. The SEC ruling is expected to arrive by September.
A bill, AB 1326, requiring virtual currency companies to be licensed passed the California Assembly with bipartisan support. Coin Center supports the proposed digital currency regulation in California and Electronic Frontier Foundation does not. Who is going to win the debate?
Bitcoin and its potential benefits were discussed at the meeting with the Federal Advisory Council and the Board of Governors of the Federal Reserve.