New reports suggest a “Russian Bitcoin” developed by banking partners will be the country’s only freely exchangeable cryptocurrency. The Electronic Frontier Foundation (EFF), the leading non-profit organization defending civil liberties in the digital world since 1990, is opposing California’s impractical Bitcoin regulation proposed as A.B. 1123. Illinois is one of few Blockchain-friendly US states. It will also host a month-long Blockchain hackathon aimed at uniting industry leaders and enthusiasts in creating innovations in digitized government. American Institute For Economic Research (AIER) senior research fellow Max Gulker believes it isn’t the time to overregulate Bitcoin and digital currencies. Bitcoin could come to the rescue of a cannabis advocacy group whose legal bank account was closed by a scared bank. The state of Montana has allocated a grant to a Bitcoin mining firm to assist with its expansion plans. This will allow it to create 65 new jobs.