Reports have surfaced that the Indian government is likely to take regulatory action to hinder the use of cryptocurrencies by its citizens. And, if true, this contradicts earlier indications that India might officially endorse the use of bitcoin and other cryptocurrencies for everyday transactions.
The Fight Illicit Networks and Detect (FIND) Trafficking Act, a proposed law designed to deter the use of cryptocurrencies for illegal activity, has passed the U.S. House of Representatives.
But without a deeper understanding of the technology behind cryptocurrencies or foresight about how these assets will actually be used, any law stemming from this draft is not likely to have much of an impact.
Overstock.com's tZERO security tokens are now available for investors to buy and sell, according to a recent announcement. While at a basic level, tZERO tokens are one of the 1,600-plus blockchain-based cryptocurrencies in existence today, the tokens stand out in two ways.