Tag: Government

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US State of Ohio Suspends Service for Paying Taxes With Bitcoin

Ohio Treasurer Robert Sprague announced the immediate suspension of the OhioCrypto.com website that allows businesses to pay taxes with Bitcoin. Ohio Treasurer Robert Sprague announced the immediate suspension of the OhioCrypto.com website that allows businesses to pay taxes with Bitcoin (BTC). In an Oct. 2 press release, Sprague announced that according to an internal review,…
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SEC Settles With Nebulous For Unregistered Offering of Sianotes in 2014

The U.S. Securities and Exchange Commission reaches a settlement with Nebulous, the firm behind the Sia decentralized cloud storage network. The United States Securities and Exchange Commission (SEC) reached a settlement with Nebulous, the firm behind the Sia decentralized cloud storage network. $225,000 in disgorgement and penalties On Oct. 1 the SEC announced in a…
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SEC Reaches $24 Million Settlement With EOS Parent Firm Block.one

The U.S. Securities and Exchange Commission has settled with Block.one for $24 million for conducting an unregistered ICO. The United States Securities and Exchange Commission (SEC) has reached a settlement with Block.one to pay $24 million in penalties for conducting an unregistered initial coin offering (ICO). On Sept. 30, the SEC announced in a press…
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Andreessen Horowitz Co-Founder: Crypto a Solution to Web’s Challenges

Cryptocurrencies could solve some of the internet’s biggest challenges, according to Marc Andreessen, co-founder of venture capital firm Andreessen Horowitz. Marc Andreessen, co-founder of venture capital firm Andreessen Horowitz, has said that cryptocurrencies could solve some of the internet’s biggest challenges. According to a report by The Wall Street Journal on Sept. 1, Andreessen was…
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Sierra Leone Aims to Finish National Blockchain ID System in Late 2019

The president of Sierra Leone said that the government is planning to introduce a blockchain-based ID system by the end of 2019. The government of Sierra Leone plans to fully adopt a blockchain-enabled national identity system by the end of 2019. United Nations involved President of Sierra Leone Julius Maada Bio reportedly claimed that the…
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Should Crypto Stay Decentralized or Are CBDCs Better? Experts Answer

Experts in blockchain and crypto, central bank officials and researchers take on the question: Why do we need state-owned cryptocurrencies? There are several countries around the world that are developing national blockchain-based digital currencies — such as Venezuela and its state-owned Petro (PTR), China and its plans to issue a government-backed digital currency, etc. We…
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