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 […]
Monthly Archives: September 2022
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 […]
Banning CyberFlashing
What is happening? California joins Texas and Virginia by allowing for enforcement, civil legal action, when a person receives unwanted sexually explicit images or videos Why is this important? Un like the Texas law, the California law does not create a crime. How will this be important? Some say this is another example of how […]
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 […]
COVID Effect: Digital Equity
What is happening? Digital Equity became a growing concern due to COVID when access to internet went from important to required. Now governments big and small are trying to figure out how to meet and prioritize digital equity. Why is this important? It is not only digital access but also how the technology can help […]
Bad Data in BroadBand Rollout
What is happening? There are no federally set standards for measuring broadband service speeds. Does your state set broadband speeds or is it the usual “up to a certain speed?” Would you buy up to a full bottle of wine? Why is this important? Consumer should get what they think they are getting- the highest […]
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 […]
Crypto. Blockchain. Nodes.
What is happening? Let’s first commend Politico for the headline of all headline on this niche topic of node regulation: Node Country for Old Regulators. Now for the nitty gritty, the SEC has filed a crypto enforcement in the western District of Texas and within that is an argument that because a large enough group […]
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, […]