Cryptocurrency Act of 2020
By Cryptomcmillan1 | Updated on May 24, 2020
The Cryptocurrency Act of 2020 is a bill which aims to clarify which federal agencies would regulate which type of crypto assets. It was introduced by Rep. Paul Gosar, a congressman from Arizona, United States of America.
Related Terms
Halving
Event that serves to reduce in half the reward of the Proof-of-Work miners that operate in the blockchain network.
Arbitrage
A strategy where investors buy a currency in a market and sell it at a higher price in another market to gain profit.
MicroBitcoin (uBTC)
One millionth of a bitcoin or 0.000001 of a bitcoin. Microbitcoin is the abbreviation of uBTC and often misunderstood as the fork of Bitcoin.
Hyperledger (Hyperledger Foundation)
Hyperledger is an open source collaborative effort to create blockchain technologies hosted by The Linux Foundation since 2016.
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