USA

Blockchain initiatives could get a 3-year immunity or grace period from U.S. securities laws to create distributed systems. As per the latest Safe Harbor application by Hester Peirce, U.S. SEC Commissioner.

The United States court has managed to discharge a case that was condemning bitcoin cash (BCH) protagonists such as the Bitmain cryptocurrency exchange, its founder Jihan Wu, Kraken, its founder Roger Ver of forging as well as influencing the token's value in November 2018, when previous BCH hard fork that occurred and gave birth of bitcoin SV (BSV).

American attorney Mark Scott, who used to work for one of the biggest digital currency Ponzi schemes, OneCoin, is now trying to get an exoneration just three months after his conviction by a U.S court of illicit operations, money laundering and scams.

IBM is seriously designing a blockchain proof-of-concept (PoC) for an agency of the U.S. Dept. of Agriculture (USDA) called the Food Safety and Inspection Service (FSIS), which will enable it to assess how distributed ledger technology (DLT) can fully enhance important regulation services especially export certification systems.

The year 2020 is most likely the period that will allow us to truly understand the potential of blockchain and its prospects in this world, which depend very much on the ability to overcome the logic that have led so many actors to believe in the potential of the cryptocurrency and blockchain, but to invest and create a new platform every time.

The Russian entrepreneur who is also the CEO of Telegram Group Inc., Pavel Valerievich Durov, fended off hearsay from the attorney of the United States SEC – an agency responsible to put the federal laws into practice, and also monitor and regulate electronic securities in the US - that his firm’s 2018 cryptocurrency sale was done to top-up its cash reserves.

In the last 24 hours, the bulls made another attempt at the $0.24 resistance but were repelled. The coin found support at $0.23. In the first effort, the bulls were also repelled but the coin dropped to the low of $0.22. The bottom line is that if the bulls break the $0.24 resistance, Ripple will rise and reach the $0.30 and $0.31 price levels.

As of the recent political events between the long term sworn enemies of the United States and Iran, new measures have been reintroduced by the former. The United States under the Donald Trump administration imposed fresh economic sanctions on Iran. Following the sanctions aftermath prices of commodities like Bitcoin and Gold started to steadily enter a bull run.

In the past few days, Bitcoin formed a weird correlation to normal hide-out assets such as Gold, when its trading price skyrocketed as political turmoil between the United States and the Middle East region started increasing earlier this year, and the price began plunging as tensions slighted relaxed. Due to the fear of losing their holdings, it is expected that most people living in both regions, decided to seek safe haven in cryptocurrencies especially BTC, and because of that its price had to surge.