Tag: US

DOE Exploring Development of Blockchain-Based Energy Grid

At this time, numerous institutions and businesses are actively exploring the potential of blockchain networks, with the Pacific Northwest National Laboratory (PNNL), part of the U.S. Department of Energy (DOE), being the latest to join the blockchain race. Announcement made to Senate Commission According to recent reports, the national laboratory has begun actively exploring the potential of blockchain applications, especially in connection to managing next-generation power grids in the country. The announcement …
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The US Government Wants Bitcoin Exchanges to Apply for Bank Status

According to Michael del Castillo, a cryptocurrency journalist, Acting Comptroller of the Currency Keith Noreika is open to bitcoin companies, exchanges, and trading platforms applying to gain regulated bank status within the US. The Office of the Comptroller of the Currency, an independent bureau within the United States Department of the Treasury, is a US federal agency which regulates and supervises national and foreign commercial banks. At an event by …
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US and Russia Team up to Build a Lunar Space Station

Russia and the United States are not on friendly terms much of the time. There has historically been a lot of political tension between both superpowers, and that situation may not change anytime soon. However, both countries are now collaborating to build the moon’s first space station. It’s an interesting idea, even though it remains to be seen how feasible such a venture truly is in the long run. Building a lunar space …
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What Is the Cryptocurrency Tax Fairness Act?

Taxation of cryptocurrency has always been a controversial topic. Particularly in the United States, taxation of Bitcoin has been rather problematic at times. A new proposal by US lawmakers seeks a tax exemption for Bitcoin transactions below US$600. This is a pretty intriguing proposal, although it remains to be seen whether or not this idea will be turned into law over the coming months. A Small Bitcoin Tax Exemption can be …
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