Crypto Month in Review: Google Reverses Ban, Blockchain Legally Defined in US

Crypto Month in Review: Google Reverses Ban, Blockchain Legally Defined in US 1

Another month is leaving the crypto industry with some of the best and significant developments. September 2018 was an essential month from many perspectives. This time, the industry didn’t just see adoption in technological space, but also in charity. Education and research remained at the forefront of crypto development, as an influential nonprofit favored blockchain for its eco-friendly perspectives. Governments passed new bills to define bitcoin, while a board game simply accepted it as a word.NewsBTC curates a selection of these significant events which brought the crypto industry closer to the mainstream.Google Reversed its Crypto Advertising BanThe most significant relief this month came from Google. The social media giant reversed its decision to ban crypto advertising and decided that it will allow regulated cryptocurrency exchanges in the US and Japan to use its public ad spaces from October.World Economic Forum and PwC Found Blockchain is Eco-friendlyAgainst a widely accepted notion that blockchain is bad for planet earth, research led by the World Economic Forum, in association with PwC, found more than 65 ways this technology can save the environment. The report noted that if people harness the blockchain in the right direction, then it can be a significant shift to “to cleaner, and more resource-preserving, decentralized solutions, unlocking natural capital and empowering communities.”California Bill Gave a Legal Definition to Crypto TechnologiesSeptember also witnessed California State Legislatures’ effort to give legal definitions to blockchain technology, smart contract, electronic record, and electronic signature. Drafted by Assemblymember Ian Calderon and co-sponsored by Senate Democrat Bob Hertzberg, the bill said:“Blockchain technology means distributed ledger technology that uses a distributed, decentralized, shared, and reciprocal ledger, that may be public or private, permissioned or permissionless, or driven by tokenized crypto economics or tokenless.”Stanford Published First Blockchain Law JournalStanford introduced the very first journal on the blockchain law and policy. Titled the Stanford Journal of Blockchain Law & Policy (JBLP), the journal features peer-reviewed features, essays, and comments that will be published via pubpub.org, an open-source publishing platform associated with MIT Media Lab.Scrabble Recognized Bitcoin as a WordScrabble, one of the world’s most popular word games, added the word Bitcoin to its new Merriam Webster dictionary, among other 300 words. According to NPR, this is the 6th edition of the Scrabble dictionary since 1976. It gets updated once or twice every decade.Sports Groups Use Cryptos for Giveaway, Raising CharityIn two different yet inseparable events, two sports groups used cryptos for their respective purposes. LA Dodgers, an American professional baseball team, distributed free crypto-based giveaways to its 40,000 fans at a game against the Padres. The Ethereum-based crypto was a digital bobblehead version of Clayton Kershaw, Justin Turner, and Kenley Jansen.The other sports crypto adoption came during a cross-country cycling ride for charity, called Tour De Force. The 4,000-mile trip sees cyclists coming together to raise awareness about how cryptos can be used for charity. The group aims to raise $1 million purely in crypto as an aid for the Houston Area Women’s Center, a nonprofit that works to end domestic and sexual violence.Syrian Women Refugees will Receive Cash-for-Work via BlockchainThe United Nations announced that it would use the blockchain technology to improve its cash-for-work program for Syrian women. The program participants will be able to receive cash from World Food Programme-backed supermarkets without needing intermediaries like a bank. The UN Syrian women will also be able to spend the money directly.

Crypto Month in Review: Google Reverses Ban, Blockchain Legally Defined in US 2
blank
About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

Related Posts

blank

E-Crypto News Executive Interviews


blank

bitcoin
Bitcoin (BTC) $ 39,910.00
ethereum
Ethereum (ETH) $ 2,292.79
tether
Tether (USDT) $ 1.00
binance-coin
Binance Coin (BNB) $ 311.84
cardano
Cardano (ADA) $ 1.28
xrp
XRP (XRP) $ 0.716406
usd-coin
USD Coin (USDC) $ 0.999317
dogecoin
Dogecoin (DOGE) $ 0.207454
polkadot
Polkadot (DOT) $ 14.47
binance-usd
Binance USD (BUSD) $ 0.999277
USD
EUR
GBP
bitcoinBitcoin (BTC)
$ 39,910.00
ethereumEthereum (ETH)
$ 2,292.79
tetherTether (USDT)
$ 1.00
bitcoin-cashBitcoin Cash (BCH)
$ 509.15
litecoinLitecoin (LTC)
$ 138.97
bitcoinBitcoin (BTC)
33.828,71
ethereumEthereum (ETH)
1.943,43
tetherTether (USDT)
0,847625
bitcoin-cashBitcoin Cash (BCH)
431,57
litecoinLitecoin (LTC)
117,79
bitcoinBitcoin (BTC)
28,932.75
ethereumEthereum (ETH)
1,662.16
tetherTether (USDT)
0.724950
bitcoin-cashBitcoin Cash (BCH)
369.11
litecoinLitecoin (LTC)
100.75

Automated trading with HaasBot Crypto Trading Bots

Crypto Scams

Cryptocurrency Exchanges
Cryptocurrency Exchanges and the Plague of Scams and Bans
June 29, 2021
blank
What Role Do Cryptocurrencies Play In The Era Of Ransomware Attacks?
June 9, 2021
Crypto Scams On The Rise As Market Enters Bull Cycle
Crypto Scams On The Rise As Market Enters Bull Cycle
December 22, 2020
Harpreet Singh Sahni perpetrated the Plus Gold Union Coin (PGUC) scam
Sydney Concert Promoter Harpreet Sahni Involved In $50M Crypto PGUC Scam
November 2, 2020
KuCoin hackers steal $150 million
KuCoin Exchange Hacked But Insurance Will Cover The Stolen $150M
September 29, 2020

Blockchain/Cryptocurrency Questions and Answers

Short-Sell Cryptocurrency
How to Short-Sell Cryptocurrency: A Brief Overview
July 17, 2021
Klaytn
What Is Klaytn (KLAY) And How Does It Work?
July 16, 2021
Cryptocurrencies
Our Crypto Roundup Interview Asks- Do Cryptocurrencies Have a Future?
July 15, 2021
Solana
What Is Solana (SOL) And How Does It Work?
June 26, 2021
blank
What Is Plethori Platform And How Does It Work?
June 12, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin39,885 0.08 % 1.80 % 23.16 %
Ethereum2,291.8 0.15 % 0.07 % 14.37 %
Tether1.000 0.39 % 0.44 % 0.11 %
Binance Coin311.74 0.50 % 0.48 % 6.09 %
Cardano1.280 0.08 % 0.69 % 8.76 %
XRP0.7157 1.01 % 11.67 % 24.75 %
USD Coin0.9991 0.15 % 0.37 % 0.85 %
Dogecoin0.2074 0.54 % 1.78 % 8.25 %
Polkadot14.46 0.13 % 1.63 % 16.62 %
Binance USD0.9990 0.12 % 0.39 % 0.83 %

bitcoin
Bitcoin (BTC) $ 40,113.00
ethereum
Ethereum (ETH) $ 2,301.90
tether
Tether (USDT) $ 1.01
binance-coin
Binance Coin (BNB) $ 314.63
cardano
Cardano (ADA) $ 1.28
xrp
XRP (XRP) $ 0.710650
usd-coin
USD Coin (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.208663
polkadot
Polkadot (DOT) $ 14.93
binance-usd
Binance USD (BUSD) $ 1.00