Bitcoin Policy Institute Paper: No to CBDCs

What is happening? This week the Bitcoin Policy Institute released a white paper, Why the U.S. Should Reject Central Bank Digital Currencies. Why is this important? The rational includes the authoritarian shift in U.S. government moving the U.S. toward Chinese regime. Further saying that “Central bank digital currencies (CBDCs) represent an extension of this state […]

Colorado accepting Crypto for tax payments

What is happening? Colorado started accepting crypto to pay personal and business tax obligations. Why is this important? The practical payment issues at play: Colorado requires that the entire invoice be paid in crypto, no splitting payments. A service fee will attach to the payment of $1 plus 1.83% of the payment amount. Finally, payment […]

States Hiring: Data Specialists to Combat Election Disinformation

What is happening? Social media told a story of a van in Connecticut carrying ballots during the 2020 election as having crashed and the ballots lost. The story was untrue but went viral. Why is this important? Connecticut has hired a misinformation specialist and has a $2million project to ensure accurate election information. How will […]

Green Crypto

What is happening? Ethereum management is pivoting. Pivoting green. Pivoting to clean emissions. Atheneum’s new management will slash its carbon emissions by 99.95%. Why is this important? Ethereum is moving from blockchain to Beacon chain. Blockchain uses a  “proof of work” model and Beacon chain uses a ““proof of stake” model that uses less energy. How […]

The Big Financial Institutions are Creating a Crypto Exchange

What is happening? Electronic trading giant Citadel Securities, brokerages Fidelity Investments and Charles Schwab Corp., and high-speed trading firm Virtu Financial Inc. and venture-capital firms Sequoia Capital and Paradigm announced EDX Markets this Tuesday. Why is this important? No timeline for the launch but it will serve both individual and institutional investors How will this […]

Blockchain Association PAC

What is happening? The national blockchain association has formed a PAC. Why is this important? Blockchain Association’s PAC to support pro-crypto candidates to the tune of 10s of millions before November 2022. How will this be important? “Donors from the industry have given $72.8 million to federal candidates and committees from January 2021 through July, […]