New Jersey Governor Phil Murphy recently signed bill S2297, which creates a New Jersey Blockchain Initiative Task Force. The purpose of the task force is to create a list of possible blockchain solutions that could be of economic benefit to New Jersey. This news comes after an announcement on New…
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99Crypto
Overstock Opens Up tZero Investing To The Public
Overstock’s blockchain subsidiary, tZERO, plans to open security token trading to all on August 12. When the e-commerce giant initially announced tZERO tokens secondary trading was live in January, it was only open to accredited investors. Accredited investors are typically institutions and wealthy individuals. As an alternative trading system…
Cryptocurrency Lender Dharma Pauses Participation For New Members
After opening to depositors and lenders in April 2019, cryptocurrency lender Dharma is is now closed to new depositors and new borrowers. The company's vague tweet, "we're pausing new deposits and loans in Dharma" and a promise of exciting things to come is not…
Galaxy Digital Has Hired a New CEO for Future Growth
On August 6, it was reported that Galaxy Digital, which is a cryptocurrency investment bank run by Mike Novogratz, had hired Wall Street veteran David Gross. Gross previously worked as head of global sales at Cumberland, which is a large digital currency trading company that is a subsidiary of DRW…
Catch Up on the Recent News from the DAOs Worldwide
On August 5, Ryan Zurrer, who is the director of the Web3 Foundation, announced in a series of Twitter posts that he would be leaving his position at the decentralized web-focused nonprofit so that can pursue projects relating to decentralized autonomous organizations (DAOs) as well as partake in certain investments.…
The US Lacks a Regulatory Framework for Digital Coin Trading
Across the world, countries have been developing regulatory frameworks for digital currencies such as Bitcoin. These frameworks have been quite different. Some countries have banned cryptocurrencies entirely while other countries have created regulations favorable to the currencies. But one country has been noticeably missing in action from all this regulation:…