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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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US House of Representatives Passes Blockchain Innovation Act On to the Senate

Two bills introduced by Rep Darren Soto—the Digital Taxonomy Act and the Blockchain Innovation Act—have passed the Lower House and are on their way to the Senate.

by Lucas Cacioli
Sep 30, 2020

CRYPTOCURRENCY

US House of Representatives Passes Blockchain Innovation Act On to the Senate

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