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German Government Shuts Down 47 Exchanges, Says They're Tied To ‘Illegal Activity’
19.9.2024
The German Attorney General's Office Frankfurt am Main (Generalstaatsanwaltschaft) and the country’s Federal Criminal Police Office (BKA) have shut down 47 crypto exchanges allegedly tied to criminal activities including money laundering
Louisiana takes first crypto payment over Bitcoin Lightning
19.9.2024
Louisiana is now taking crypto payments for state services, and its Wildlife and Fisheries Department has just taken the government’s first crypto payment
Hong Kong prepares AI guidelines for finance sector
17.9.2024
Hong Kong’s government plans to regulate AI in finance by issuing policies at the upcoming FinTech Week
Former Commerce Secretary Warns US Headed for Recession
16.9.2024
Former Commerce Secretary Wilbur Ross has warned of an impending U.S. recession due to the lingering effects of pandemic-related stimulus. While Wall Street maintains a more optimistic outlook, citing strong GDP and low unemployment, Ross argues that the economy was artificially inflated by the...
JPMorgan CEO Warns of Recession Threat, Higher Inflation, Stagflation
16.9.2024
JPMorgan Chase CEO Jamie Dimon has raised concerns about stagflation despite signs of easing inflation. Dimon highlighted ongoing risks such as rising deficits and government spending that could pressure inflation. The JPMorgan executive warned that the U.S. economy is not yet out of the woods...
New Bill Seeks Collaboration Between SEC and CFTC on Digital Assets
15.9.2024
A U.S. congressman has introduced the Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act (BRIDGE Act), aimed at improving collaboration between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on digital asset...
Web3 Innovator: UK Crypto Community Sees Brighter Future Under Labour Government
15.9.2024
The UK’s crypto community has a reason for optimism with the new Labour government, according to Harry Horsfall. Backed by a large parliamentary majority, the Labour government is seen as potentially more decisive in pushing policies favourable to the Web3 industry. Horsfall, CEO of Flight3...
Tether onboards head of government affairs from PayPal
13.9.2024
Jesse Spiro said he intended to work with industry leaders and lawmakers to help grow the ecosystem in his role at Tether
Tether onboards head of government affairs from PayPal
13.9.2024
Jesse Spiro said he intended to work with industry leaders and lawmakers to help grow the ecosystem in his role at Tether
Tether Hires PayPal Government Affairs Ace as U.S. Scrutiny Unresolved
13.9.2024
Tether hired a government-affairs veteran from PayPal and Chainalysis, Jesse Spiro, to head its own shop as the issuer of the leading {{USDT}} stablecoin has long been under a cloud of reported U.S. investigations
North Carolina resists the CBDC tide with new payments ban
13.9.2024
A new law in North Carolina seeks to ban CBDCs in the state, but there are questions about whether the new legislation is even legal.
Elon Musk Warns US Laws and Regulations Will Worsen Every Year Without Major Reform
13.9.2024
Tesla and Spacex CEO Elon Musk has warned that without substantial government reform, laws and regulations will worsen annually, potentially stifling major initiatives. He has reiterated his call for significant U.S. government changes and agreed to help former President Donald Trump lead a...
Bill seeks to create SEC-CFTC joint committee on digital assets
12.9.2024
Congressman John Rose would make the agencies work together and listen to user and industry representatives
UK Bill Recognizes Digital Assets as Personal Property Under New Law
12.9.2024
The UK Ministry of Justice has introduced the Property (Digital Assets etc) Bill to recognize bitcoin and other digital assets as personal property under English and Welsh law. Led by Justice Minister Heidi Alexander, this bill addresses legal uncertainties around digital assets, ensuring better...
UK gov’t introduces bill to clarify crypto’s legal status
11.9.2024
The proposed legislation would create an additional property category under UK law, identifying digital assets as “things.”
Congressional elections critical for crypto’s future in the US
10.9.2024
The industry has amassed a historically large war chest, but little of it will be spent on the presidential clash between Trump and Harris
Ron Paul on Musk-Led D.O.G.E. Efficiency Commission: ‘Government Efficiency’ Is an Oxymoron
10.9.2024
Ron Paul, a former U.S. representative and presidential candidate, has stated that even when it comes from proposals from high echelons of power, government efficiency is an oxymoron. Paul explains that governments are not individuals, and can’t rationally economize, because their decisions...
Nigeria’s SEC to crack down on unregulated crypto exchanges
9.9.2024
Nigeria’s SEC will enforce regulations on unregulated crypto businesses, protecting investors while encouraging innovation in the growing market
20 Government Agencies in US, South Korea, and Japan Tackle North Korean Crypto Threats
8.9.2024
The United States, Japan, and the Republic of Korea (ROK) held their third Trilateral Diplomatic Working Group meeting on Friday in Seoul to address North Korean cyber threats. Led by U.S. Deputy Special Representative Seth Bailey, ROK’s Lee Jun-il, and Japan’s Kumagai Naoki, the meeting focused...
Elon Musk Agrees to Head Donald Trump’s D.O.G.E. Government Efficiency Commission
8.9.2024
Former U.S. President Donald Trump has announced a plan to create a government efficiency commission led by Tesla CEO Elon Musk if re-elected president. This commission would conduct a financial and performance audit of the entire federal government. Musk is pushing the idea of the Department...