South Carolina, Ohio, Mississippi introduce Blockchain Basics Act to protect ‘crypto’ ownership, mining
Proponents say the Act allows Americans to own and self-custody digital assets and engage in mining without fear of anti-crypto legislators.
Proponents say the Act allows Americans to own and self-custody digital assets and engage in mining without fear of anti-crypto legislators.
Digital asset lender Nexo settled with U.S. states and the SEC in January, agreed to fork out $45 million, and ceased offering its interest-earning accounts in the United States.
An Ohio man could land 100 years in jail as he stands trial after he is charged with allegedly defrauding hundreds of investors in a Ponzi scheme worth over $10 million.
NYSE-traded BIT Mining has partnered with Viking Data Centers to develop a BTC block reward mining facility in Ohio as North America’s hashrate share rises.
The bill proposes a pilot scheme powered by blockchain, which could initially be used by overseas military voters.
Congressman Davidson believes that America could lose its global superiority if it doesn’t adopt blockchain quickly.
Ohio has suspended the portal, with the Treasurer believes that it should have been authorized by the state’s Board of Deposit before starting operations.
High quality fake IDs were being sold in part for BTC.
A Toledo area scam has resulted in millions stolen, and atleast three going to jail.
Ohio may have been the first state in the U.S. to legalize cryptocurrencies for tax purposes, but that was just the beginning. Since making the move last November.
Ohio became the first state in the U.S. to allow cryptocurrencies to be used by business entities for paying a variety of taxes.
Rep. Warren Davidson, of the 8th district of the state of Ohio, is reportedly weighing up a prospective bill which would treat ICOs as a type of product, rather than a form of security, thereby reducing the influence and oversight of the Securities and Exchange Commission (SEC).