Daily Byte: Wednesday, December 5, 2018

Congressman takes on ICOs, Switzerland rejects crypto regulatory framework, and traditional financial firms back crypto exchange. Congressman Proposes Legislation to Regulate ICOs and Classify Crypto as New Asset Class Cleveland.com is reporting that a United States representative has proposed federal legislation that would create a regulatory framework for crypto-assets and ICOs. The bill, proposed by Rep. Warren Davidson (R-OH), has bipartisan […]

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Daily Byte: Tuesday, December 4, 2018

Japan goes after tax dodgers, Singapore promotes blockchain startups, and Bitcoin subreddit hits a milestone. Japanese Authorities Develop Crypto Tax Evaders Net Japanese newspaper The Mainichi is reporting that the Japanese government is taking steps to fight back against crypto tax dodgers. The government is reportedly creating a system that would allow the National Tax Agency (NTA) to demand data […]

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Daily Byte: Friday, November 30, 2018

Intel reinvents the wheel, Malaysia goes pro-crypto, and ConsenSys backs privacy startup. Intel De-Energizes Bitcoin Mining Intel thinks it might be able to make bitcoin mining more energy-efficient. The chipmaker was awarded a patent on November 27 for a processor that cuts down on the multiple redundant stages of hash operations. According to Intel, power consumption can also be lowered […]

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