Ohio Now Accepting Bitcoin for Tax Payments

Beginning today, November 26, 2018, Ohio will be the first US state to accept Bitcoin payments for more than 20 kinds of state business taxes. Payments made in Bitcoin will be made through third-party payment service BitPay. The Ohio Treasurer's website lists the 23 kinds of business taxes that can … Read more about Ohio Now Accepting Bitcoin for Tax Payments

McConnell: Farm Bill Will Include Hemp Legalization

US Senate Majority Leader Mitch McConnell (Republican - Kentucky) spoke to reporters last week and said that while legislators are still trying to come to a consensus on the Farm Bill, a provision legalizing hemp will be included in the legislation. When asked by reporters about the hemp provisions … Read more about McConnell: Farm Bill Will Include Hemp Legalization

CFTC Chairman: DLT Can Automate Regulation

  The US Commodity Futures Trading Commission (CFTC) has, thus far, exhibited far more enthusiasm for Distributed Ledge Technology ("DLT") than the Securities and Exchange Commission ("SEC"). On balance the CFTC has come across as open, if not downright enthused by the possibilities … Read more about CFTC Chairman: DLT Can Automate Regulation

SEC Charges EtherDelta Founder with Operating Unregistered Exchange

The US Securities and Exchange Commission (SEC) announced settled charges on the first enforcement action based on findings that a digital token trading platform was operating as an unregistered national securities exchange. The charges were against Zachary Coburn, founder of decentralized Ethereum … Read more about SEC Charges EtherDelta Founder with Operating Unregistered Exchange

Epidiolex Now Available Across US

    Epidolex, the first FDA-approved cannabis-based medication, is now available via prescription in all US states. Produced by GW Pharmaceuticals, the drug received approval by the US Food and Drug Administration (FDA) in June, followed by a narrow rescheduling by the US Drug … Read more about Epidiolex Now Available Across US

Canada Legalizes Recreational Marijuana

Canada became the second country in the world (after Uruguay) to legalize cannabis on a national level on October 17, 2018. A bill passed by the Canadian Parliament in June, Bill C-45, went into effect today, allowing adults across Canada to possess up to 30 grams of marijuana (roughly an ounce) and … Read more about Canada Legalizes Recreational Marijuana

Farm Bill Lapses Without Passage of New Legislation

The 2014 Farm Bill expired quietly this past weekend (September 30) without any new legislation in its place, as lawmakers have been thus far unable to reach a consensus on a unified Farm Bill for 2018. The US House of Representatives broke for a recess before a cohesive version of the bill could be … Read more about Farm Bill Lapses Without Passage of New Legislation

Coinbase in Touch with SEC About Becoming a Regulated Brokerage

It has been reported that Coinbase has approached the US Securities and Exchange Commission (SEC) regarding registration in order to be a licensed brokerage firm and electronic-trading venue. This move comes after much discussion about supervision and regulation of the booming cryptocurrency … Read more about Coinbase in Touch with SEC About Becoming a Regulated Brokerage