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Belarus-style Silicon Valley: Why Nobody Rushes Up Into Tax-Free ICOs?

The “unprecedented” Decree on the Development of Digital Economy, signed by President Alexander Lukashenko in December, officially came into force on March 28 in the Republic of Belarus. The document signals a new dawn for the country, facilitating any form of cryptocurrency-related activity, and according to the leader should make Belarus “a tech country”. The…

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Overstock CFO To Leave For Same Job At Firm’s Blockchain Subsidiary DeSoto

Robert Hughes, Senior Vice President of Finance and Risk Management at Overstock is resigning from his position to join a Blockchain venture that also involves Overstock’s CEO and founder Patrick Byrne, The Wall Street Journal reported April 6. According to a press release published on Market Exclusive, Hughes notified Overstock that he is leaving the…

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Arizona Blockchain Bill Signed Into State Law

A bill allowing corporations to hold and share data on a distributed ledger was officially signed into Arizona state law by Governor Doug Ducey, according to a legislation tracker April 3.   The Arizona House of Representatives passed HB 2603 with 56 in favor, 3 against, and 1 abstention. The Arizona Senate proceeded to pass the…

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