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The Railway Transport Moves Towards Using Blockchain Technology

On 15 February, within the Russian Investment Forum in Sochi, a memorandum of cooperation was signed between Novotrans, one of the largest railway rolling stock operators in Russia and the CIS, and UniversaBlockchain. The representatives of Novotrans told BitJournal.mediaabot this event.“The main objective of our joint project with Novotrans is toperform the digitization of the train cars, trans

South Korea Supports ‘Normal’ Cryptocurrency Transactions

Regulation The director of the South Korean Financial Supervisory Service has announced that the government will support “normal” transactions of cryptocurrencies. Acknowledging that most crypto exchanges are having problems obtaining virtual accounts, he promises to encourage banks to work with them.Also read: Indians Look to Buy

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Wyoming House Unanimously Approves Two Pro-Blockchain Bills

In a watershed moment for United States blockchain and cryptocurrency law, Wyoming’s House of Representatives unanimously voted “aye” to pass two blockchain bills – HB 70 the “utility token bill” and HB 19 the “bitcoin bill” –  sending them to the State Senate for consideration. HB 70 defines utility tokens as neither traditional money nor securities; HB 19 exempts

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Wyoming House Unanimously Approves Two Pro-Blockchain Bills

In a watershed moment for United States blockchain and cryptocurrency law, Wyoming’s House of Representatives unanimously voted “aye” to pass two blockchain bills – HB 70 the “utility token bill” and HB 19 the “bitcoin bill” –  sending them to the State Senate for consideration. HB 70 defines utility tokens as neither traditional money nor securities; HB 19 exempts

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Bitcoin Processed $1 Billion While US Banks Stay Closed

Yesterday was President’s Day in America. Schools were shut, no government offices functioned and even the stock markets rested. While the banking system napped though over $7 billion in Bitcoin was traded.Bitcoin Rebounds As Banks Take The Day OffUnlike the stock and commodities markets, cryptocurrency trades 24/7. It recognizes no national holidays, doesn’t mind working on Sundays and stays

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Liberland: A Newly Formed “Nation” Running On Cryptocurrency

Economist Vit Jedlicka has created a virtual state, called Liberland, that runs on cryptocurrency donations and will launch its own token in the coming months. Half a million people have applied for citizenship to the “nation” – which sits on a sandbank stretching 7km next to the Danube River (between Croatia and Serbia), 10km south of the Hungarian border.“The situation on the m

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Wyoming Introduces New Bill To Exempt Crypto From Property Taxation

A new tax bill has been introduced in the Wyoming state senate on Feb. 16 that would exempt virtual currencies from state property taxation, and suggests an effective date be provided for the tax exemption implementation.Wyoming Senate Bill 111 was introduced by senators Ogden Driskill, Tara Nethercott, and Chris Rothfuss, along with representatives Tyler Lindholm, David Miller, and Jared Olsen. A

Malta to Give “Peace of Mind” to Crypto Companies

Economy & Regulation The government of Malta has come up with an idea that businesses dealing with cryptocurrencies may find interesting. A new policy document seeks to set up a special agency which will “certify” blockchain platforms and “verify” crypto transactions. It is supposed to “bring peace of mind” to companies using these te

Several States Spearhead Bitcoin Adoption in the U.S.

Economy & Regulation U.S. states with positive attitudes have advanced towards bitcoin legalization – a process that a growing number of elected officials consider inevitable, if not desirable. Numerous crypto-friendly bills have been introduced, and some of them have received approval in committees and houses of state legislatures. One wouldn

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The BitCoen Token Sale Is Complete

On February 15, 2018, the Bitcoen project completed itstoken sale, having successfully reached the declared hard cap of$2.5 million.The BitCoen team is working to get the Bitcoen token listed on popular crypto-exchanges.“TheBitCoen token will undergo all the necessary checks, and we expect that in mid-March it will be traded on Bitqi.com,” commented Vice-President of BitCoen David Dyshko. “L

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