Last Thursday, the World Bank announced that it would be partnering with the Commonwealth Bank of Australia (CBA) to create the world’s first blockchain bond. As Gareth Jenkinson writes in Cointelegraph, this is an important event in global finance that could translate into major banks around the world adopting blockchain. According to the World Bank,…
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The latest data from the U.S. Drug Enforcement Administration (DEA) suggests that Bitcoin and other cryptocurrencies are moving closer and closer to cutting their ties with the underworld, reports Cointelegraph. A recent interview with DEA special agent Lilita Infante highlighted the faults in the view that crypto assets are primarily used for illicit dealings. According…
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Many new crypto investors ask this: “What is the best way to stash cryptocurrency?” Who better to answer this than “CryptoStache” himself? Shea Newkirk has been writing articles, recording podcasts, and filming videos about cryptocurrency since 2016. Shea loves sharing with others his unique perspective on the crypto industry. In his video interview with BitIRA…
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According to the latest industry report by auditing firm KPMG, blockchain investment in the U.S. in the first six months of 2018 has already surpassed last year’s total, reports Coindesk. While the firm omitted exact numbers regarding overall investment, the report specified that two blockchain developers managed to raise over $100 million each in their…
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Independent Federal Agencies Securities and Exchange Commission (SEC) Commodity Futures Trading Commission (CFTC) Federal Executive Departments U.S. Department of the Treasury (USDT) U.S. Department of Justice (DOJ) Internal Revenue Service (IRS) Legislatures and Courts U.S. Congress Supreme Court of the United States (SCOTUS) States International Organizations Group of Twenty (G20) International Monetary Fund (IMF) Bank…
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Here are the top stories for each day in July 2018 in the cryptocurrency world (focus on U.S.): 1st – Investment into Overstock’s Cryptocurrency Exchange Causes Share Price to Rocket 2nd – IBM-Powered Blockchain Platform Completes First Live Trades Via Five Major Banks 3rd – The IRS Just Launched an International Coalition to Investigate Cryptocurrency…
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Out of all the buzz surrounding crypto in Washington last week, a bold initiative spearheaded by the Consumer Financial Protection Bureau (CFPB) stood out as one of the biggest steps forward, reports CryptoSlate. In a press release held on July 18, CFPB director Mick Mulvaney announced the formation of a new office of innovation and…
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Though we have already announced the winner of the Summer 2018 BitIRA U scholarship, one of the honorable mentions was an essay by Dylan Love titled “Cryptocurrency: A Decentralized Global Economy”. Dylan, a graduate student at Columbia College in Chicago, writes about how cryptocurrencies are a unique means of exchange when compared to the way…
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In his latest column on CoinDesk, crypto expert Michael J. Casey examines whether the hype and hysteria cycles surrounding digital currencies today could pave the way for a major societal breakthrough. As Casey points out, crypto detractors are quick to compare the market’s recent growth to the Tulip Mania of the 17th century, the South…
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While the winner of the Summer 2018 BitIRA U Scholarship has been announced, there are a couple of honorable mentions that were close contenders for the scholarship. One such essay is by Jordan Newman of the Chicago Medical School at Rosalind Franklin University. Jordan wrote his essay, titled “The Impending Blockchain Revolution”, and described how…
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