News

Arizona State Widens Adoption of Blockchain Bills  

Blockchain bills at Arizona State Legislature shows steady increase according to public records.
In relation to this, two new bills were introduce by State Representative Jeff Weninger, where one would be the foundation of regulations for ICOs of the state. The aforementioned first bill highlights “virtual coin” and it’s given definition. Terms such as “blockchain” and “virtual coin offering” are also included in the Arizona Government list of definitions.
The bill explains that a “virtual coin offering as any token sale where the token is treated as a security.” However, tokens which are not marketed as investments and with the purchaser can utilize a redeem within 90 days would sit outside the definition.
As for the second bill, it compensates the Arizona revised Statutes account for data written and stored on a blockchain. The bill bears resemblance to the past Weninger bill signed last year, regarding the legality of recognizable blockchain signatures and smart contracts.
The State Government of Arizona has notably been making necessary actions to broaden the scope of adapting tech in the state.

Related posts
cryptocurrencyDOGEdogecoinDOGEUSDElon MuskNews

More Than Just A ‘Joke Coin’: Elon Musk Reveals How He Feels About Dogecoin

For a long time, DOGE skeptics have wondered what Billionaire Elon Musk found promising about the meme-asset. And as if the Tesla CEO set out to answer their questions today, he disclosed in a very recent tweet, why he believes…
Bank of EnglandBitcoin NewsbtcusdBTCUSDCBTCUSDTcryptocurrencyCryptocurrency NewsNewsxbtusd

Bank of England Governor Andrew Bailey is Giving Crypto a Thumbs Down — Here’s Why

The Governor of the Bank of England, Andrew Bailey, at the World Economic Forum, Davos, Switzerland; on Thursday, passed a vote of no confidence on cryptocurrencies, stating that investors must get ready to suffer total investment losses eventually. “Bitcoin has no…
cryptocurrencyDOGEdogecoinDOGEUSDElon MuskNews

Be Careful! Elon Musk Warns As Dogecoin Soars On SNL Eve

In the warm-up to a special Saturday Night Live Edition featuring the self-acclaimed billionaire dogefather, Elon Musk, Dogecoin (DOGE) has recorded tremendous speculative success and is currently sprinting past the $0.6 mark in a bid to cross the $1 epic…