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.

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Related Terms

Hash

A hash function is an output code (unique and alphanumeric) that we obtain from an input string,

Moon

"Moon" or "To the moon" is a crypto slang that describes an exclamation when the cryptocurrencies prices are rising and when it hit the peak, the coin is said to be "mooning".

State Channel

Secondary payment channel occuring off-chain

Sim Swapping

It is a tactic where hacker overtake the mobile phone to exploit the two-factor authentication and two-step verification.

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