General Data Protection Regulation

Meaning of General Data Protection Regulation GDPR is an EU law which compel websites to protects users data, give details of how their data are used/shared and also allow EU users to have control of their data and determine what happens to it. Proposed: April, 2016 Effective from: May, 2018 Approved By: European Parliament and […]

Continue Reading

Know Your Transaction

Meaning of Know Your Transaction It serves same purpose as Know Your Customer used in the financial sector but this is related to tracing and recording flow of transactions on a Blockchain to know the source, what it is spent on and why. The first instance of KYT was used to trace Mt Gox exchange […]

Continue Reading

Know Your Customer

Meaning of Know Your Customer It simply means collecting verifiable data/information about users by exchanges for easy identification in case of any legal issues arises in future and also aid tax payment monitoring. Popularly shortened as KYC. See KYT!

Continue Reading

Freedom Of Information Act

Meaning of Freedom Of Information Act FOI gives any citizen the legal right to request for information of any federal agency record without been denied except for special cases where the requested information are not for public access backed by the law.

Continue Reading

Subpoenas

Meaning of Subpoenas It is a court order in written form compelling a person, group or organization in cryptoshere to appear in court as witness or to produce documents. To receive notice compelling crypto developers to appear in court with documents to defend their project as legit. Example: A lot of ICOs received subpoenas from SEC […]

Continue Reading

CryptoDad

Meaning of CryptoDad It is the nickname earned by J. Christopher Giancarlo for is friendly approach to Cryptocurrency at a congregational hearing in early 2018 as CFTC Chairman.  

Continue Reading