Wyoming House Unanimously Passes Bill Exempting Utility Tokens from Securities Laws

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The Wyoming House of Representatives has unanimously approved a bill exempting utility tokens from securities laws, marking the latest victory in the quest to make the state a favorable environment for blockchain startups. Wyoming House Unanimously Passes Bill Exempting Utility Tokens from Securities Laws House Bill (HB) 70, which on Monday passed the House 60

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Wyoming Moves to Lift Cryptocurrency Property Tax

The post Wyoming Moves to Lift Cryptocurrency Property Tax appeared first on CCN

Wyoming just gave Americans another reason to live there. In a one-two punch to the US Fed, the Wyoming Senate Bill 111 was introduced on Feb. 16, moving to exempt cryptocurrencies from property taxation, solidifying the state’s business tax-friendly reputation and lifting its profile for blockchain businesses in the interim. If the bill passes, not only

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Open Source Community KDE Receives $200,000 in Bitcoin from The Pineapple fund

The post Open Source Community KDE Receives $200,000 in Bitcoin from The Pineapple fund appeared first on CCN

Today open-source community KDE received $200,000 from The Pineapple Fund. KDE is an open-source community that creates free software for both desktop and portable systems. For Linux systems, KDE is well-known for its Plasma desktop and applications including Dolphin file manager and Kontact – a personal information suite. The software is used by millions of

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US Lawmakers Build Appetite for Cryptocurrency Regulation

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The White House may not believe that the US will pursue cryptocurrency regulation anytime soon, but federal lawmakers themselves have cultivated quite an appetite for legislation that would accomplish just that. US Lawmakers Build Appetite for Cryptocurrency Regulation That’s according to a Reuters report, which cites a number of congressional lawmakers from across the political

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$850 Million: Telegram ICO Quietly Shatters Blockchain Fundraising Record

The post $850 Million: Telegram ICO Quietly Shatters Blockchain Fundraising Record appeared first on CCN

Step aside, Filecoin, because the Telegram ICO has quietly shattered the blockchain-based fundraising record. According to a document filed with the US Securities and Exchange Commission (SEC) last week, the Telegram ICO has raised $850 million since Jan. 29, when the token sale officially began. The filing reports that only 81 investors contributed to the

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Illinois Initiates Blockchain Initiative for Real Estate Transfers

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The mid-western state of Illinois, home of Chicago, wants to usher blockchain technology into state government. The goal of the initiative, which is shared between state and county agencies, is to determine if this groundbreaking technology can be used to create more efficient, integrated and trusted state services while providing a welcoming environment for the

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Banks Begone: UN’s World Food Programme Builds on Ethereum Blockchain Money Transfers

The post Banks Begone: UN’s World Food Programme Builds on Ethereum Blockchain Money Transfers appeared first on CCN

The United Nations’ World Food Programme is expanding its Ethereum-based blockchain payments system to avoid the transfer fees incurred via the traditional banking system. Over a year ago in January 2017, the World Food Programme (WFP) successfully tested ‘Building Blocks’, an early experiment that enabled the transfer of WFP food and cash on a public

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Ethereum Classic Price Flirts with All-Time High as Callisto Airdrop Looms

The post Ethereum Classic Price Flirts with All-Time High as Callisto Airdrop Looms appeared first on CCN

Speculation surrounding an impending airdrop has propelled the Ethereum Classic price within range of its all-time high. Ethereum Classic Price Flirts with All-Time High As CCN reported, the rally began last week, less than a day after ETC bull Barry Silbert warned that it was a mistake to ignore the cryptocurrency. Prior to that surge,

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The Cryptocurrency Hedge Fund that Operates Out of a Dorm Room

The post The Cryptocurrency Hedge Fund that Operates Out of a Dorm Room appeared first on CCN

Trace Capital is not your average cryptocurrency hedge fund. The venture, which currently manages approximately $300,000 for a small group of around 15 investors, uses an algorithm to predict the price movements of large-cap cryptocurrencies like Bitcoin, Ethereum, and Litecoin. The algorithm has proved moderately successful, and Trace Capital’s founders have already received buyout offers.

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Ethereum Blockchain Startup Partners Thai Government on KYC Program

The post Ethereum Blockchain Startup Partners Thai Government on KYC Program appeared first on CCN

Thailand could soon figure among the earliest countries to officially implement blockchain technology. News broke today that Omise (the company behind the OmiseGO project) and the country’s Ministry of Digital Affairs had signed a Memorandum of Understanding. It’s a move that will see the parties collaborate in order to develop a nation-wide digital identity verification

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