High Profile Cryptocurrency Firms Hope to Influence US Law

A group of cryptocurrency luminaries and businesses have announced the formation of a US lobbying entity based in Washington known as the Blockchain Association. The creation of the political solicitation group was initiated by firms such as Circle, Coinbase, Polychain Capital, and the Digital Currency Group. Also read: With Bitcoin Cash, A Namibian Conservationist Hopes To … Read more

Blockchain Data Now Has Legal Bearing in the State of Ohio

Governor John Kasich from the Midwestern state of Ohio signed a bill this week that formally recognizes data recorded on a blockchain and electronic signatures as having legal bearing in a court of law. The state joins Vermont and Arizona, two states that have already passed laws that recognize blockchain-based transactions. Also read: Philippines Building Crypto … Read more

Wisconsin Mulls Guidelines for Campaign Contributions in Bitcoin

Authorities in the state of Wisconsin have discussed the adoption of guidelines regarding cryptocurrency contributions to political campaigns, as requested by the Libertarian Party. Other states, like California, have urged politicians not to accept bitcoin donations. Kansas is the only state prohibiting such contributions. The Federal Election Commission allows crypto donations to campaigns for federal … Read more

Georgia Lawmakers Propose Tax Amendment That Allows Bitcoin Payments

Residents from the state of Georgia may soon be able to pay their taxes in bitcoin as two senators have introduced a bill that allows digital currency payments for tax obligations and licensure fees. Also Read: Nasdaq-Listed “Blockchain” Companies Hit With New Legal Troubles The State of Georgia May Allow Residents to Pay Taxes in Bitcoin … Read more