Following are the major Bitcoin news of the day
White House Appoints Bitcoin Technologist
White House recently appointed a new advisor to its Science and Technology section. The appointed person is Ed Felten, who is currently working as a Professor of Computer Science and Public Affairs at Princeton University. The appointment of Felten as a counsel to President Barack Obama’s regime however has churned out interests from the Bitcoin community; reason being his earlier interests in the blockchain technology. Felten reportedly was one of the commentators during the BitLicense commenting period, and had taken a moderate stand against the New York Bitcoin regulation.
Patrick Byrne Hired as Well
In another news, US President Candidate Rand Paul hired another Bitcoin veteran as one of his advisers. The new campaign consultant to the Republican is Patrick Byrne, the CEO of online retail giant overstock.com. This news however doesn’t come as a surprise as Paul had previously stated his interests in the Bitcoin technology. The byte though ensures a better future for Bitcoin in the US if Paul comes to power.
Lukoil Gas Station Starts Accepting Bitcoin Payments
Renowned gas station service Lukoil recently announced to accept Bitcoin payments throughout its gas stations in Latvia, Lithuania and Estonia. The company also announced a partnership with wallets and exchange services company SpectoCoin.