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Also see: Bitcoin; blockchain technology;
Jump to: 2018; 2019;
Undated: Cryptocurrencies, sometimes called virtual currencies, digital money/cash, or tokens, are not really like U.S. dollars or British pounds. They live online and are not backed by a government. They’re backed by their respective networks. Technically speaking, cryptocurrencies are restricted entries in a database. Specific conditions must be met to change these entries. Created with cryptography, the entries are secured with math, not people.
https://www.dummies.com/personal-finance/what-is-cryptocurrency/
Undated: A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.[1][2][3] Cryptocurrencies are a kind of alternative currency and digital currency (of which virtual currency is a subset). Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.[4]
The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.[5]
Bitcoin, first released as open-source software in 2009, is generally considered the first decentralized cryptocurrency.[6] Since the release of bitcoin, over 4,000 altcoins (alternative variants of bitcoin, or other cryptocurrencies) have been created.
https://en.wikipedia.org/wiki/Cryptocurrency
-- 2018 --
July 20: Trump’s Stance on Cryptocurrencies and Blockchain Technology
https://www.coinstaker.com/trump-blockchain-cryptocurrency/
July 26:
Users of the recently-established Augur protocol are using its underlying blockchain technology to bet on the deaths of high-profile public figures, including US President Donald Trump, Amazon founder Jeff Bezos and billionaire investor Warren Buffett.
Set up by the Forecast Foundation, Augur allows people to choose an event to predict, create a market for it, and then trade shares on the outcome of the event. “Anything is fair game,” the website states, “from the next presidential election to the success of a company’s product.”
The cryptocurrency associated with Augur is currently the 40th most valuable, according to CoinMarketCap, with a market cap of over $340 million, but trading on the Augur protocol is done with ethereum – the world’s second most valuable cryptocurrency behind bitcoin.
https://www.independent.co.uk/life-style/gadgets-and-tech/news/donald-trump-assassination-market-blockchain-augur-a8464516.html
September 20: Blockchain And Crypto Could Bring Peace Between Trump And Amazon, Facebook, Twitter & Google
https://oracletimes.com/blockchain-and-crypto-could-bring-peace-between-trump-and-amazon-facebook-twitter-google/
October 12: Former Trump Economic Adviser Joins Blockchain Startup Spring Labs
Yet another blockchain-related company has managed to poach talent from Wall Street.
Spring Labs is a startup that currently employs 20 members of staff and is hoping to disrupt the credit and identification sectors. The company’s latest hire is Gary Cohn. According to a report in the Financial Times, Cohn had the following to say about the “unique opportunity” presented by Spring Labs’s and the firm’s goals:
“[It’s] an obvious place to take a very, very analogue industry and digitise it.”
https://www.newsbtc.com/2018/10/12/former-trump-economic-adviser-joins-blockchain-startup-spring-labs/
November 11: Corporate America's blockchain and bitcoin fever is over
S&P 500 executives are dropping blockchain buzzwords less on earnings calls and during presentations to analysts and investors. Analysts are also asking about it less.
https://www.axios.com/corporate-america-blockchain-bitcoin-fervor-over-fb13bc5c-81fd-4c12-8a7b-07ad107817ca.html
December 7: Trump team eyes bitcoin, blockchain ascent
https://www.foxbusiness.com/politics/trump-team-eyes-bitcoin-blockchain-ascent
December 15: President Trump’s New Chief Of Staff Loves Bitcoin (BTC) and Blockchain
[Mick] Mulvaney, who is currently the director of the U.S. Office of Management and Budget (OMB), has previously spearheaded the Blockchain Caucus. For those who are unaware, the Blockchain Caucus was created in early 2017 to come up with potential policy reform with regards to blockchain.
Mulvaney was replaced around the time that it was clear that he would he heading the OMB office by U.S. Representative David Schweikert. Mulvaney has previously stated about blockchain technology: “Blockchain technology has the potential to revolutionize the financial services industry, the U.S. economy and the delivery of government services, and I am proud to be involved with this initiative,” Mulvaney previously stated.
It is important to note that Mulvaney has been named chief of staff in a temporary capacity, and has not stepped down as the director of the OMB. Regardless, the chief of staff role does require fulfilling a variety of critical functions with regards to the office of President Trump, and time will tell whether Mulvaney’s new role will potentially mean some great news for the United States and cryptocurrency/blockchain regulation.
https://cryptocoinspy.com/president-trumps-new-chief-of-staff-loves-bitcoin-btc-and-blockchain/
Undated: Trump’s Crypto Task Force Accelerating Blockchain Regulation
In an interview with Jason Bisnoff of Compliance Reporter, Cyber Risk Managing Director Stacy Scott outlined how President Trump's new task force on consumer fraud is a sign that overdue regulatory action in the digital currency space is coming closer to reality. An excerpt of the article is below with a link to the full article (available to subscribers):
The executive order calls on the attorney general to establish the task force in order to give guidance into the investigation and prosecution of fraud cases, with particular attention paid to digital currency fraud.
“A lot of major companies aren’t using this technology already, but are thinking about blockchain and how it could benefit them from a security perspective,” Scott said. “If regulation comes down, people will pay attention as they build their [compliance] program around digital currencies.”
Cryptocurrencies have already attracted the attention of regulators, with the Securities and Exchange Commission, Commodity Futures Trading Commission and North American Securities Administrators Association all coming out with guidance for investors. Scott said that for this reason, she expects the task force to largely lean on the expertise of the regulatory agencies that have been looking into this space the longest, including the SEC, CFTC and even the Federal Bureau of Investigation.
https://www.kroll.com/en-us/intelligence-center/media-coverage/trumps-crypto-task-force-accelerating-blockchain
-- 2019 --
February 14: JP Morgan creates first US bank-backed crypto-currency
https://www.bbc.com/news/business-47240760
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