Welcome to another weekly blockchain news roundup from around the world. Here, we present to you all the latest Bitcoin news, continent by continent and country by country.
Canada Debating Crypto Campaign Donations with Elections Around the Corner: Fierce political debate has started in Canada among different political parties and advocacy groups regarding crypto donations to political campaigns as the country prepares for general elections later this year.
As of now, none of the parties are accepting crypto donations in the country as there are no rules and regulations regarding the sector.
The United States of America
NASA Develops Blockchain Prototype for Air Traffic Control: The National Aeronautics and Space Administration has developed a blockchain prototype for air traffic control which offers superior security and communication capabilities compared to the upcoming Automatic Dependent Surveillance System (ADS-B). According to NASA, the “framework features certificate authority, smart contract support, and higher-bandwidth communication channels for private information that may be used for secure communication between any specific aircraft and any particular authorized member.”
The prototype is based on Hyperledger’s blockchain ecosystem.
Department of Energy Announces Blockchain Grants: The US Department of Energy has announced it will be offering USD 4.8 million in grants to research and development by universities for different projects in the energy sector, including blockchain.
The grants are coming from its Office of Fossil Energy and are meant to bring advancement to fossil fuel power generation systems to reduce costs and increase efficiency. The department has had experiences with blockchain for electrical bill settlements. This time, the department’s interests are to “secure process signal data and other information flows within distributed sensor networks for fossil-based power generation systems.”
Colorado May Free Cryptocurrencies from Some Securities Laws: The State of Colorado just might free cryptocurrencies in its jurisdiction from some securities laws. The Colorado Digital Token Act, if passed, will allow for “limited exemptions from securities registration and securities broker-dealer and salesperson licensing requirements for persons dealing in digital tokens.”
Last year, the state had hit hard on blockchain platforms that did not comply with current securities laws. It carried out nearly two dozen cease and desist orders. With this bill, nearly all of the previous ones will be exempted now.
Dave Rubin Turning to Bitcoin for Funding: Stand up comedian Dave Rubin, famous for his political comments on The Rubin Report show, has announced that he will be turning towards Bitcoin for his crowdfunding campaign.
According to him, the current platform he uses, Patreon, has censorship policies that are not aligned with his beliefs. Citing that the platform’s policies suppress freedom of speech, he will be deleting his account there and using Bitcoin to fund his show. Gab, a controversial social media platform that allows uncensored speech was the first to respond with a donation of 0.0025 bitcoin.
Tech Center Raided in Michigan by FBI: A technology center in Michigan was raided by a team of Federal Bureau of Investigation (FBI) and Department of Homeland Security (DHS) on the suspicion that the firm was trading cryptocurrencies illegally.
The firm’s CEO, Chris Boden, said on a YouTube posting that the offices were raided and officials took away computers and other electronic equipment. Although he maintained that his firm was a technology-based non-profit organization, he admitted that the firm did not have the authorizations required for crypto trading. He could face imprisonment and a fine of around USD 100,000.
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