A Japanese court handed Mt. Gox founder Mark Karpelès a suspended sentence for tampering with financial records, but acquitted him of the far more serious charges of embezzlement and breach of trust on March 15.
A Texas state legislator and a French National Assembly deputy have both called for legal bans on anonymous cryptocurrencies recently.
Eighteen years after the Florida hanging chads debacle cast the legitimacy of an American president into doubt, the voting technology introduced to fix those problems remains so vulnerable to hacking that the National Academy of Sciences, Engineering, and Medicine in September urged a return to paper ballots and an end to Internet voting. That’s a problem blockchain developers think they can fix.
Cryptocurrency and blockchain enthusiasts were excited about the announcement this week that President Donald Trump plans to name Office of Management and Budget Director Mick Mulvaney, a longtime supporter of cryptocurrencies and blockchain technology, as his interim White House chief of staff before the end of the year. As a congressman, Mulvaney was a co-founder of the Congressional Blockchain Caucus. When it comes to actually embracing cryptocurrencies, the U.S. has been generally skeptical. As a recent opinion piece in the Harvard Business Review by law firm Jones Day blockchain initiative leaders Stephen J. Obie and Mark W. Rasmussen noted: “Without clear regulations, cryptocurrency innovation in the United States is being stifled.…