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US Congress Considers Using Blockchain for Remote Voting While the White House Urged to Stay Competitive with China

US Congress Considers Using Blockchain for Remote Voting While the White House Urged to Stay Competitive with China

The US Congress is considering using blockchain technology to enable the Senate to conduct remote voting during the ongoing COVID-19 pandemic. The report highlighted that the crisis emphasized the need to consider certain functions to proceed remotely when it may not be safe for members to gather in person. The report explored a combination of different technologies to be used, including blockchain and encrypted E2EE.

Trump Ends COVID-19 Pandemic, according to White House Release

Trump Ends COVID-19 Pandemic, according to White House Release

The Trump Administration has ended the COVID-19 pandemic, or at least according to the list of his accomplishments from the White House Science and Technology Office.

Five Myths People Have About Cryptocurrencies Debunked

Five Myths People Have About Cryptocurrencies Debunked

Cryptocurrency has now been in the market for a decade, and its introduction enabled it to join the ranks of fiat currencies as a potential means of payment. However, the majority of consumers still hold wrong beliefs about cryptocurrencies. This explains the reason for the low adoption of cryptos.

FATF Assessment Finds Majority of US Exchanges are Compliant with Virtual Asset Guidance

FATF Assessment Finds Majority of US Exchanges are Compliant with Virtual Asset Guidance

The Financial Action Task Force (FATF) has published an assessment of the US’s compliance with its revised criteria for anti-money laundering (AML) and terrorist financing (CTF) through virtual assets and found that most virtual asset providers are compliant.

Ohio Democrat Lawmakers Propose Blockchain Voting in Bill For Election Overhaul

Ohio Democrat Lawmakers Propose Blockchain Voting in Bill For Election Overhaul

In the Ohio House of Representatives, Democrats have included a new voting system pilot based on blockchain as part of their elections law overhaul bill. The system will be used to count and track the votes of military personnel stationed outside the US and registered to vote in Ohio.

White House Cracks Down on Cryptos Used for Purchasing Illicit Drugs

White House Cracks Down on Cryptos Used for Purchasing Illicit Drugs

The White House issued two advisories on illicit drug purchases in the United States on Wednesday, referencing the role of cryptocurrencies allegedly used in these transactions.

Nancy Pelosi Says Tuesday is Deadline if White House Wants Pre-Election Stimulus, BTC Traders Standby

Nancy Pelosi Says Tuesday is Deadline if White House Wants Pre-Election Stimulus, BTC Traders Standby

Dem Nancy Pelosi told the White House it has until Tuesday to reach a deal with Democrats if it wants additional stimulus before the elections next month. How will BTC react?

US Dollar Losses in 2020 Not to be Recouped in the Coming Year, Making the Case for a Bitcoin Rally

US Dollar Losses in 2020 Not to be Recouped in the Coming Year, Making the Case for a Bitcoin Rally

Bitcoin has been holding steadily around $10,738 at press time, as the stock market continues to recover and see gains.

COINNEWSEXTRA AND  GLOBAL POLICY HOUSE TO HOST FIRST UNPRECEDENTED CBDC CONFERENCE IN AFRICA

COINNEWSEXTRA AND GLOBAL POLICY HOUSE TO HOST FIRST UNPRECEDENTED CBDC CONFERENCE IN AFRICA

One of the best gift possessed by humans is the ability to adapt to change. Little did we know that the global COVID-19 pandemic was going to deprive us of our regular mode of living, here we are today with several months of stay at home with many organisations and people pivoting into the digital economy. The immense impact of the COVID-19 pandemic has severely affected the whole world with developments changing frequently. However, digital innovations and technology solutions have been deployed to respond urgently to these changes, This has led to a notable increase in demand for online transactions, resulting in a significant shift from cash to digital payment methods.

CBDC for Stimulus Payments Advocates Honorary Christopher Giancarlo

CBDC for Stimulus Payments Advocates Honorary Christopher Giancarlo

During an open hearing by the House Committee On Financial services yesterday, the Honorable Christopher Giancarlo once again advocated for the use of a central bank digital currency (CBDC), effectively digital dollars, as a solution to directly distribute the COVID stimulus packages to citizens.

EARN IT Act Introduced in US House of Representatives, Critics View It as Threat—What This Means for Crypto

EARN IT Act Introduced in US House of Representatives, Critics View It as Threat—What This Means for Crypto

Despite being perceived as an “anti-security bill” by many, the EARN IT Act has made its way to the US House of Representatives and currently awaits approval.

Majority of China's Tech Startups Are Exploring Blockchain Technology, Report Reveals

Majority of China's Tech Startups Are Exploring Blockchain Technology, Report Reveals

South China Morning Post's Report shows Chinese firms are growing in the adoption and integration of blockchain technology

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