Jimmy has been following the development of blockchain for several years, and he is optimistic about its potential to democratize the financial system.
The Blockchain Game Alliance is made up of influential companies such as Alto, Gimli, Fig, Ubisoft, Ultra, B2Expand, ConsenSys, EverdreamSoft and Enjin.
The proposed bill, which was introduced by Representative Ted Budd, is seen as a positive move from U.S. lawmakers, which aims to mitigate the use of cryptocurrencies in terrorist financing.
Seba Crypto AG (SEBA) has raised 100 million Swiss francs ($103 million) for the creation of a regulated bank that lets customers trade fiat for digital currency.
“Using blockchain and other technologies, Medici Land Governance (MLG) will create systems to collect and easily secure property ownership information,” a press release had stated.
The bills focus on fostering government support for the blockchain space, clarifying money transmitter regulations and devising a tax scheme for hard forked assets.