Coin Center Educates Capitol Hill about Bitcoin and Blockchain
Cryptocurrency advocacy group, Coin Center has started educating the US Congress about Bitcoin and blockchain technology. A large-scale implementation of any new technology is only effective when there is active collaboration between the private and public sectors. The same holds good for cryptocurrency technology. The cryptocurrency community is still a niche segment. A majority of the world’s population, including politicians and bureaucrats, is still in the dark about how the entire Bitcoin network works. Coin Center, a non-profit cryptocurrency research and advocacy group based out of....
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It's been a big week for blockchain on Capitol Hill. While only Wednesday, the week has already seen the launch of the Congressional Blockchain Caucus (an effort led by Rep Jared Polis and Rep Mick Mulvaney), and the opening of the DC Blockchain Center, an information hub for policymakers. The two initiatives reflect the growing interest around the technology in the US capitol. Though interest has existed for some time – Polis himself began accepting bitcoin donations in 2014 – recent developments suggest the groundwork is being laid for more activity in the year ahead. Polis said of the....
The first Bitcoin ATM was unveiled in Rayburn House Office Building, Washington. “Bitcoin is digital decentralized currency and Robocoin is the easiest way for people to buy and sell Bitcoin with cash,” said Robocoin CEO Jordan Kelley. "We're honored to be the first bitcoin company to demo and educate officials about bitcoin on Capitol Hill." “I have a healthy dose of skepticism but it’s positive skepticism. Things are always changing and we live in a global economy now,” said Hank Johnson, Democrat Congressman in the interview to Reuters. Robocoin was the first company to represent the....
Congressman Polis Bridges Gap Between Bitcoin Companies and Capitol Hill. U. S. Congressman Jared Polis took time out from his busy campaign schedule recently to meet with representatives, including CEOs, from nine digital currencies companies including itBit and Blockchain. Organized by the Washington, D. C. -based advocacy and education group Coin Center, the roundtable was an attempt to bridge the gap between the world of Washington and Congress and the world of fintech and digital currencies. Coin Center Executive Director Jerry Brito, who chaired the meeting, was happy with the....
The Depository Trust & Clearing Corporation (DTCC) hosted a group of regulators and members of the financial industry in Washington, DC, for a discussion on blockchain tech last month. The event, held on Capitol Hill, was designed by the DTCC to give regulators and other financial industry stakeholders a chance to ask questions directly to blockchain experts. In a blog posted yesterday, DTCC managing director Mark Wetjen said of the event: "It is important that we engage policy makers and regulators from the beginning of this process. New technologies are creating tremendous....
A second Tampa Bay man has been charged for conspiracy and operating an unlicensed money transmitting venture. Ricardo Hill, one of the nine men allegedly linked to the JPMorgan data breach in 2014, was released on a $75,000 bond. Last week, Hill appeared at a Manhattan court to settle various charges filed against him for operating an unregulated Bitcoin exchange. Hill admitted he was aware of the fact that his Bitcoin exchange, Coin.mx, processed transactions involving the victims of the JP Morgan security breach. Considering Hill’s statement, the court ruled Hill to be guilty and noted....