BitPay’s CEO Stephen Pair recently announced an innovative new program that could very well change the way the internet works on several levels. The new program, called Foxtrot, was designed to give internet users the security and privacy offered by the Bitcoin blockchain technology in everything they do online. While the new system is still in the early stages, foxtrot is currently available for download and BitPay plans on using it to empower their own systems. Cointelegraph reached out to Tony Gallippi, BitPay’s Executive Chairman for comments about the new project as well as on the addition of Arthur Levitt, …

BitPay and Vaurum announced the addition of a seasoned regulatory adviser. Former Securities and Exchanges Commission Chair Arthur Levitt oversaw the U.S. agency for half a decade and is well-versed in U.S. financial regulations. Levitt told The Wall Street Journal that he aims to “help them understand the imperative of a robust approach to regulation.” He indicated that he was lured by the excitement that carries the technology. “Bitcoin is a fascinating new product in the rapidly changing world of financial service,” said Levitt. “I hope to help BitPay and Vaurum blend their new business models with core monetary methods …

Organizers of the second North American Bitcoin Conference expect a big turnout for what they describe as “the most community-oriented TNABC yet.” This TNABC will be held in Chicago the weekend of July 19–20, and organizers recently announced that the Hotel Chicago will host the event. “The Official kick-off party will take place in the iconic House of Blues, which will be the best location of the year to meet the movers and shakers of the Bitcoin industry,” organizers said in a release. Organizers say that more than 2,000 people are expected for the conference, and they are trying to …