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Square, Inc. Branches into the World of Cryptocurrency

Square, Inc. Branches into the World of Cryptocurrency

Square Inc., the San Francisco based fintech payment firm founded by Twitter Inc., has acquired a license to buy and sell bitcoin in New York on its own platform, Cash App. Square, known for its product that makes it easy to accept credit card and contactless payments...

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Mastercard Patents Anonymous Blockchain System

Mastercard Patents Anonymous Blockchain System

On June 28, 2018, Mastercard International Incorporated’s blockchain patent was approved by the U.S. Patent and Trademark Office (USPTO), which was originally filed on December 22, 2016. The patent is for a method and system for anonymous directed blockchain...

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Co-ops and Condos Must Adopt Smoking Policies This August

Co-ops and Condos Must Adopt Smoking Policies This August

This summer, co-ops and condos will have to adopt formal smoking policies in New York. Local Law 147, also known as Disclosures of Smoking Policies for Class A Multiple Dwellings, will be enforced on August 28, 2018, a year after it was enacted by the New York City...

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A Rise in Condo Developments

Queens is seeing a healthy rise of condominium developments in 2018. Since the beginning of the year, 37 condo plans have been filed in Queens, which is greater than the amount filed for the all of 2016 and 2017. In May alone, 12 condo plans were filed, which broke...

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Are Cryptocurrencies Commodities?

Are Cryptocurrencies Commodities?

On June 14, 2018, the U.S. Commodity Futures Trading Commission (CFTC), in a suit against My Big Coin Pay Inc., founder Randall Carter, and salesman Mark Gillespie, requested Boston Judge Rya Zobel to rule that cryptocurrencies fall within the ambit of “goods and...

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