..

NY Lawmakers to Review Regulations on Bitcoin

Written by:
Guest
Published on:
Feb/23/2018

ALBANY, N.Y. (Associated Press) - New York state lawmakers say they want to know whether current regulations relating to cryptocurrencies like Bitcoin are up to the task of protecting consumers.  Scroll Down For More...

Democratic Sens. David Carlucci, of Rockland County, and Jesse Hamilton, of Brooklyn, have scheduled a hearing on the topic Friday in New York City.

The meeting is intended to examine the effectiveness of state and federal rules regarding the regulation and licensing of cryptocurrencies, a new type of international currencies that enable peer-to-peer transactions without a middleman.

The lawmakers say they will also look at the ways other states have chosen to regulate Bitcoin and other similar currencies, and review potential problems facing consumers who choose to use the new mediums of exchange.

Business/Financial News

Dow Jones Betting Total Closing Day June 30 Now 32250.5 Points

Dow Jones Betting Total Closing Day June 30 Now 32250.5 Points

The Dow sank 1,000 points on Wednesday, or 3.2%, as dismal results from Target renew fears that inflation is battering companies.

Betting Markets Indicate No Musk Takeover and Falling Twitter Stock

Betting Markets Indicate No Musk Takeover and Falling Twitter Stock

Elon Musk taking over Twitter seems like a 50-50 proposition at this point, but the people who crunch numbers for a living are giving it even less of a chance.

Craig Wright’s Defamation Suit Will Proceed...Plus Calls for Hearing on TerraUSD's Collapse

Craig Wright’s Defamation Suit Will Proceed...Plus Calls for Hearing on TerraUSD's Collapse

The price of UST plunged to 10 cents last week, while Luna fell to "virtually zero", down from an all-time high of $119.51.

Elon Musk Bets Still Available as Twitter Purchase No Longer a Sure Thing

Elon Musk Bets Still Available as Twitter Purchase No Longer a Sure Thing

Elon Musk says that $44 billion Twitter acquisition deal cannot proceed until there is proof provided that the social media platform has fewer than 5% fake accounts as BetUS continued offering

Find Elon Musk Twitter Odds: Promises to Allow Trump Back on Platform

Find Elon Musk Twitter Odds: Deal Halted?

Elon Musk has closed on deal worth around $44 billion in cash.  Now BetOnline has offered updated odds on whether Musk will reinstate former US President Donald Trump.  But Musk may now be looking for an off-ramp.

Syndicate