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US House to vote on FIT21 bill before holiday weekend

20.5.2024
The legislation, passed out of committee in July 2023, would clarify how the U.S. Commodity Futures Trading Commission and Securities and Exchange Commission handle crypto

Paraguay Gov’t Looks to Jail Illegal Bitcoin Miners for ‘Up to 10 Years’

20.5.2024
The government of Paraguay will ask lawmakers to approve a bill that proposes jailing illegal Bitcoin (BTC) miners for up to 10 years. The post Paraguay Gov’t Looks to Jail Illegal Bitcoin Miners for ‘Up to 10 Years’ appeared first on Cryptonews

‘Godfather of AI’ advises UK government to start UBI

18.5.2024
Geoffrey Hinton also warns that advanced AI could pose an existential threat within the next five to twenty years

Detained Binance Executive Tigran Gambaryan Denied Bail By Nigerian Court

17.5.2024
Tigran Gambaryan, the Binance executive detained in Nigeria, has been denied bail on his 40th birthday, according to a court hearing in Abuja Friday. News of Gambaryan's court appearance comes shortly after Binance CEO Richard Teng alleged Nigerian government officials offered the crypto exchange...

Crypto firms rally behind FIT21 bill approaching US House floor vote

17.5.2024
Lawmakers expect to vote on a bill clarifying how regulators handle digital assets by June after a majority in both chambers passed a resolution against an SEC crypto rule

US Senate passes resolution overturning SEC crypto rule on banks

16.5.2024
U.S. President Joe Biden said he intended to veto the joint resolution aimed at overturning an SEC rule requiring banks to keep customers’ digital assets on its balance sheets

Oklahoma Enacts Watershed Bitcoin Rights Law Protecting Self-Custody Wallets

16.5.2024
Oklahoma Governor Kevin Stitt delivered a major win to digital asset supporters Monday with the enactment of new law HB3594 focused on preserving fundamental Bitcoin rights. News of the state's new law comes amidst the U.S. government's crackdown on self-custody wallets, prompting outrage in...

Boosting AI: Senators propose $32B investment plan for US tech growth

16.5.2024
After months of meetings with industry experts and AI critics, four U.S. senators published what they say is a comprehensive roadmap for maintaining U.S. leadership in AI development

Zimbabwe Government-Appointed Committee Aims to Understand Local Cryptocurrency Ecosystem

16.5.2024
The Zimbabwean government has formed a multi-stakeholder committee, tasked with consulting stakeholders in the cryptocurrency ecosystem. This committee, known as the National Risk Assessment Coordination Committee (NRACC), aims to determine the nature and extent of the cryptocurrency ecosystem...

Does Trump care about crypto? Bitcoin is latest battleground in US election

15.5.2024
Donald Trump’s stance on crypto has shifted from anti-Bitcoin to now being a pro-crypto presidential candidate

El Salvador Mined 474 BTCs Since 2021, Government Now Holds 5,750 BTCs

15.5.2024
El Salvador, which became the first nation to use Bitcoin (BTC) as legal tender, could easily hold 5,750 Bitcoins, per “Bitcoin Office” report. The post El Salvador Mined 474 BTCs Since 2021, Government Now Holds 5,750 BTCs appeared first on Cryptonews

Ghana’s Vice President Says His Government Aims to Become the First to Be Powered by Blockchain

14.5.2024
The Ghanaian government’s next phase in its digitalization drive is set to be the adoption of blockchain technology, according to the country’s vice president. He stated that his administration aims to become one of the few governments worldwide powered by blockchain, and the first in Africa....

UK Crypto Advisory Firm Shuts Down Over Investor Losses, Accounting Neglect

14.5.2024
The UK government’s Insolvency Service has shut down a London-based crypto advisory firm that claimed to offer investment advice in cryptocurrencies. The post UK Crypto Advisory Firm Shuts Down Over Investor Losses, Accounting Neglect appeared first on Cryptonews

Tether CEO Calls Out Ripple Chief for Inciting Panic About USDT

13.5.2024
Tether CEO Paolo Ardoino fired back at Ripple after the company’s CEO alleged the US government is going after USDT. The post Tether CEO Calls Out Ripple Chief for Inciting Panic About USDT appeared first on Cryptonews

It’s ‘clear’ the US government is going after Tether: Ripple CEO

13.5.2024
Brad Garlinghouse said he views Tether as an important part of the ecosystem and that its fate will be an "interesting one to watch."

279 Crypto Accounts Forfeited to US Government in North Korean Laundering Crackdown

12.5.2024
The U.S. District Court for the District of Columbia has ordered the forfeiture of 279 cryptocurrency accounts containing funds linked to alleged hacks of crypto exchanges by North Korean operatives. This measure is a component of a broader U.S. effort aimed at dismantling cyber operations that...

Stan Druckenmiller Slams Bidenomics — Advocates for Less Government to Boost Innovation

11.5.2024
Renowned investor Stanley Druckenmiller has criticized Bidenomics, stating that he would give it an F if he was a professor. “Treasury is still acting like we’re in a depression,” he said, adding that “they’ve spent and spent and spent.” Moreover, Druckenmiller...