Law

Wyoming lawmakers have presented a bill that would enable corporations to issue certificate cryptocurrencies instead of stock certificates using distributed ledger technology (DLT).

The engines of electric scooters are now available and ready to move through the streets of the major Italian cities, with Milan in the lead. Milan is the capital of Lombardy in northern Italy; has been an international center of trade and industry since the Middle Ages. The go-ahead for the launch of sharing services for this kind of vehicles is anticipated in few weeks, before January ends, after the amendment to the Budget Law sanctioned by the Chamber last month, that enforces a ministerial decree to regulate the Infrastructure and Transport Ministry the potential of testing on the road routes.

China has launched new regulations designed to promote the ‘healthy development’ of distributed ledger technology (DLT). The CAC denoted new regulations on Thursday, January 10, 2018. Nevertheless, the new law also gives the right to the Cyberspace Administration of China (CAC) to superintend node operators and to request private information (info).

Zero paper is required in the digital exercise and blockchain technology legal validity of smart contracts in the suggested amendments that were officially presented to the Senate. €750,000 allocated for startups. The M5S group presented two important amendments to the “simplification” law decree, that is now under a thorough examination by the Constitutional Affairs & Public Works commissions of the Senate.

Governor Andrew Cuomo officially signed a bill on Friday, December 21, 2018, to institute a ‘Cryptocurrency Task Force’ for New York, according to a January 3, 2019, Facebook post by Clyde Vanel, an Assembly Member.

Italy is largely looking into future investment, innovation and technological advancement in the cryptocurrency world. Therefore, to pass the budget law that was recently approved by the Italian Senate with less effort, a good plan, program and roadmap by the government are needed as quickly as possible. The State is largely focusing on the future and wants to compete favourably among other European giant countries.

A new bill regulating investments in initial coin offering (ICO) projects will take force soon. Government officials have released a draft law stating that average Russians will be allowed to invest in ICO no more than $9,000 per year.

A large number of businesses and other major institutions operating in the U.S and Canada received threatening emails on the afternoon of December 13, 2018, initiating sweeps and evacuations of several buildings.

Putting conjecture on cryptos such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) to an end, a government panel has proposed formulating a new strong law that will regulate that field, according to sources familiar with the matter. The panel revealed that all those currencies must be deemed ‘illegal,’ CNBC TV18 reported on Friday, December 7, 2018.