US tech bill to create blockchain advisor role for Biden administration
The new role will operate under the Office of Science and Technology Policy and has been hailed by industry leaders as the right step in the right direction.
Latest Darren Soto News
Blockchain advocates in US Congress bring back Blockchain Regulatory Certainty Act
Leading advocates in Congress, Rep. Tom Emmer and Rep. Darren Soto re-introduce the Blockchain Regulatory Certainty Act in a bid to shore up the rules for blockchain and digital currency firms.
2 new blockchain bills head for US Senate
The instruments were passed as part of the Consumer Safety Technology Act, with two of the three titles related to the blockchain sector, with a third focused on regulation of artificial intelligence.
Will the United States government launch a new blockchain office?
Congressman Darren Soto has sponsored a new bill that would create a government office that would 'coordinate' federal use of blockchain tech.
Also making headlines, United States government authorities issued indictments to four executives at BitMEX, including its CEO Arthur Hayes. They have been charged with “violations of the Bank Secrecy Act and conspiracy to violate the act by willfully failing to monitor money laundering.” BitMEX was banned from serving U.S. customers since 2015 due to regulatory requirements but it allegedly operated a derivatives exchange illegally.
In other news, it’s a wrap for the three-day CoinGeek Live conference that took place from September 30 to October 2. The show was a huge success with guests speaking from every corner of the world. It broadcasted live simultaneously from the Manhattan Center in New York and Kennington Studios in London.
There were some exciting new developments unveiled at the conference. Among them, the new partnership between UNISOT and TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC: TAALF), as well as a technical update on the development of the Bitcoin SV infrastructure given by nChain CTO, Steve Shadders.
Some other notable speakers at the conference are Managing Partner and the Head of Research at Fundstrat Global Advisors, Thomas Lee; Founder & CEO of Maxthon, Jeff Chen; and Queens College media professor and best-selling author, Douglas Rushkoff, among many others. The event culminated with a keynote speech from non-other than economist and writer George Gilder.
U.S. Representative Darren Soto also made a guest appearance. He announced two new pieces of legislation that passed in the U.S. House of Representatives recently on blockchain and digital currency. The new laws seek to introduce greater certainty in the legal environment around blockchain technology. Congressman Soto also talked about blockchain growth in the United States.
“The innovation and potential of blockchain in cryptocurrency among many other applications has exponential possibilities and growth and looking forward to a great conversation on the work were doing here in the US congress as we speak.”
Also announced at the CoinGeek conference were the winners of the Bitcoin Association 3rd Bitcoin SV Hackathon.
Taking the 1st prize of $50,000 in BSV is Will Devine’s Repzip. Repzip is described as a self-sovereign identity and decentralized identity solution in which your unique identifier is your public key. Coming in 2nd place and winning $30,000 in BSV is Aleksandar Dinkov’s STOTASK, a company that revolves around data labeling. In 3rd place winning $20,000 in BSV is Niels van den Bergh’s project Kyrt. It aims is to become the world’s blockchain integration partner of choice.
There were more than 400 participants in the hackathon with several projects receiving honorable mentions.
Watch CoinGeek Live Day 1.
https://youtu.be/FAEoXeN0b8M
Watch CoinGeek Live Day 2.
https://youtu.be/FIgesLz9LTc
Watch CoinGeek Live Day 3.
https://youtu.be/cGcz1LLXMJY
" title="The CoinGeek Pulse: Episode 15" />The CoinGeek Pulse: Episode 15
“The law is coming to Bitcoin.” We’ve heard Bitcoin inventor Dr. Craig Wright say it before and now it has come to light in two separate incidents.
Congress re-introduces bill to give blockchain records legal recognition in US
Digital signatures on the blockchain will be recognized and enforceable by the U.S. law if a bill brought before Congress is passed.
CoinGeek Live 2020: US Rep. Darren Soto talks balancing innovation and regulation for blockchain growth
In his keynote at CoinGeek Live, Congressman Darren Soto provided a better understanding of the balance lawmakers are trying to hit when it comes to optimizing innovation around blockchain and digital currency.
Blockchain bills pass House for US Senate approval
The laws take the form of an update to the Consumer Safety Technology Act, which encompasses both the Blockchain Innovation Act and the Digital Taxonomy Act.