Monthly Archives: August 2021

What is happening? Operators of U.S. bitcoin ATMs formed a coalition to strengthen compliance standards to prevent cryptocurrency crimes. Why is this important? To legitimize cryptocurrency the crypto ATM companies need to ensure against crime and anonymous transactions How will this be important? The coalition intends to grow its stakeholders to include cash-based cryptocurrency money service businesses, […]

What’s happening? Newark Airport is testing facial recognition software to assist with boarding Why is this important? The goal of this pilot program is to make airports more effcieint How will this be important? Commercialism the use of facial recognition, moving away from recent debates of the use of the software by governmental entities and […]

What is happening? Kansas is testing a drone program out that would allow it to move medical supplies and lab tests Why is this important? It is a partnership between German drone manufacturer Wingcopter & Denver-based air medical service provider Air Methods How will this be important? Can prove to be a safe and efficient […]

What’s happening? Illinois Lake County Treasurer is the first campaign to take crypto current campaign contributions. Why is this important? The FEC permits crypto currency contributions How will this be important? The tech friendly candidate sees crypto currency contributions as a way to bring the tech supporters, who are not active campaign contributors Government Technology […]

What’s happening? Pennsylvania has a  Emerging Technologies Caucus that is introducing a blockchain bill that would allow businesses in Pennsylvania to develop blockchain-based products Why is this important? Your bill drafting guides & talking points: H.B. 1370 “would establish a two-year financial technology sandbox program, which would allow the Department of Banking and Securities to work […]

What is happening? Texas Legislature passed the Lone Star Infrastructure Protection Act that prevents Texas from contracting with  foreign-owned companies from China, Russia, North Korea and Iran to protect the state’s critical infrastructure Why is this important? The bill also gives the Texas governor the authority to add countries to the list, with consultation by […]

What’s happening? Argo Blockchain, a Canadian cryptocurrency mining company, built a facility in Dickens County, Texas. Population 2300. The reason: Available cheap energy. Why is this important? Texas has a deregulated energy market, “which means customers can choose between different power providers and providers are thus incentivized to provide low rates.” This translates to long […]

What’s happening? During the 1st week of August, Miami’s MiamiCoin project launched & has already generated $1Million in revenue for Miami. Miami under current laws can only receive the revenue in dollars, and cannot own the crypto. Currently Miami gets 30% of the revenue MiamiCoin generates using specific MiamiCoin protocols. Why is this important? A […]

What’s happening? Sen. Amy Klobuchar introduced a bill this week to strip online platforms like Facebook Inc. and Twitter Inc. of liability protections if their technology spreads misinformation about coronavirus vaccines or other public-health emergencies. Why is this important? The bill tracks a report from the Center for Countering Digital Hate that says the majority of […]

What’s happening? On Tuesday it was announced by PolyNetowrk that hackers stole $600 million in various cryptocurrencies from its network. PolyNetwork asked the hackers to return the funds. As of this $4.8 million have been returned. Why is this important? How do you enforce when the crypto is stored by blockchain, in multiple parts on […]