Blockchain Hearing to be Held in US Congress on 14.02

The hearing will be called "Beyond Bitcoin: Emerging Applications for Blockchain Technology"
09 February 2018   307

Looks like U.S. Congressmen will have a date with a blockchain on Valentine's Day. This is reported by Coindesk.

Two subcommittees of the U.S. House Committee on Science, Space and Technology – for Oversight as well as Research and Technology – are holding a hearing, called "Beyond Bitcoin: Emerging Applications for Blockchain Technology," on Feb. 14 at 10 a.m. EST.

The list of those, who are going to visit Congress on a Valentine's Day:

  • Frank Yiannas, vice president of food safety at Walmart
  • Charles Romine, direcor at National Institute of Standards and Technology (NIST)
  • Jerry Cuomo, IBM vice president of blockchain
  • Chris Jaikaran, Congressional Research Service analyst
  • Aaron Wright, associate clinical professor at Benjamin N. Cardozo School of Law

At the moment, it is not clear enough if the hearing will be broadcast live.

The above-mentioned subcommittees regulate legislative and investigative actions into the science and technology fields. It is worth noting that the Subcommittee on Research and Technology has the power to allocate funds to developing projects. It is still not clear what's the goal of the hearing will be.

Andreessen Horowitz to Launch Crypto Investment Fund

Two new job openings by Andreessen Horowitz confirms the information about possible launch separate crypto investment fund
24 April 2018   9

One of the most influential venture capital companies of Silicon Valley intends to open its own fund, entirely dedicated to work with cryptocurrencies. This is repoted by Recode.

Rumors about the possible creation of a new division of Andreessen Horowitz have been on the web for quite some time, which is not surprising, as the company, also known as A16z, previously invested in Coinbase, and CryptoKitties, and its founder Mark Andrissen is a big supporter of cryptocurrency .

Two new job openings by Andreessen Horowitz confirms the information that had spread earlier.

Currently, the venture company is looking for a "Manager for financial and operational activities, Cryptoactive" and "Legal Support Specialist, Cryptoactive". Both vacancies indicate that the company hires employees for an "individually managed fund that focuses on crypto assets."

The Legal Counsel will monitor "compliance with all necessary SEC requirements" and "manage the compliance of the firm / fund activities with all SEC requirements / other requirements", and the operational manager will among other things evaluate the crypto-currency assets.