Some Small Movement in Cryptocurrency Regulatory Challenges This Week

Posted Leave a comment

. Theo Chino, a bitcoin advocate who has been fighting regulations in the U.S. for over two years, requested the withdrawal of the proposed “Uniform Regulation of Virtual Currency Businesses Act.” Only July 7, 2017, Chino asked the Uniform Law Commission (ULC) to withdraw the proposed regulation on cryptocurrencies in the United States. The bitcoin […]

Swiss “Crypto Valley” to Create Digital Identities for Its Citizens on the Ethereum Blockchain

Posted Leave a comment

. As of September 2017, the Swiss town of Zug will offer all of its citizens a digital identity on the Ethereum blockchain. Zug, a Swiss town with the population of nearly 30,000 citizens, has been famous for its dedication to cryptocurrencies. Zug has been called the “Crypto Valley” of the financial world since many […]

Counterparty Has Reached Its Millionth Transaction

Posted Leave a comment

. On Thursday, the smart contract protocol Counterparty reached its millionth transaction. Bitcoin Magazine received an update on the status of the project from Shawn Leary, the newly elected Counterparty community director. Counterparty was launched in January 2014 with the creation of its native currency, XCP. Unlike typical ICOs (initial coin offerings) today that transfer […]

BitPay CEO Stephen Pair Talks Bitcoin Hard Forks, SegWit2x and Sidechains

Posted Leave a comment

. BitPay has been very much focused on the issues around transaction capacity on the Bitcoin network lately, which eventually led them to support the New York Agreement (also known as SegWit2x). In comments shared with Bitcoin Magazine, BitPay CEO Stephen Pair clarified the company’s view on the SegWit2x proposal and hard forks more generally. […]