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Senior Public Officials in South Korea Declare Crypto Holdings
26.10.2023
Senior public officials in South Korea’s Gyeonggi province have declared their cryptocurrency holdings. The disclosure comes as part of the province’s efforts to ensure transparency among its government employees to avoid conflict of interest. Gyeonggi province announced that it...
US lawmakers discuss digital assets and the House gets a new Speaker
25.10.2023
With the election of Mike Johnson as speaker of the U.S. House of Representatives, Congress will once again be able to move forward on crypto bills
Report: Operators of Central African Republic-Based Crypto Investment Firm Disappear With $1.6 Million
25.10.2023
According to reports, the operators of a Central African Republic (CAR) crypto company which promised a high return on money invested have disappeared along with $1.6 million in investor funds. High-profile personalities including lawmakers and senior government employees are among the hundreds...
Pro-crypto lawmaker Tom Emmer ends hours-long Speaker campaign: Report
24.10.2023
The Minnesota congressman was one of only a few crypto proponents in Congress being considered as a possible Speaker of the House by Republican lawmakers
US Congress remains legislatively paralyzed on crypto bills without a House Speaker
23.10.2023
Pieces of legislation aimed at establishing clarity on certain crypto policies are unable to move forward with half of the legislative branch of the U.S. government lacking leadership
Blockchain Publishing Company LBRY Announces Shutdown Following Court Judgment and Debts
21.10.2023
Facing a judgment from the federal government and encumbered with significant debts, LBRY Inc., the blockchain-based publishing company, has signaled its intent to terminate operations. This announcement, shared via a blog post hosted on Odysee, arrives in the aftermath of a contentious legal...
Crypto-friendly Rep. Tom Emmer pursues nomination for House speaker
21.10.2023
Tom Emmer has been "making calls" to secure a nomination for the Speaker role, and it could be a boon for the crypto sector if he were to be voted in
US surveillance and facial recognition firm Clearview AI wins GDPR appeal in UK court
19.10.2023
According to court documents, the UK commissioner doesn’t have the authority or jurisdiction to cite or fine the “foreign” company for GDPR infractions
Bitcoin price holds $28K range as institutional investor maneuvering boosts sentiment
18.10.2023
Comments from institutional investors and amendments to the spot Bitcoin ETF applications could be behind the recent improvement in investor sentiment
US expands export controls for AI semiconductor chips to China
17.10.2023
The expanded export controls of AI semiconductor chips include a new performance threshold, licensing requirements expansions and a notification requirement, among others
Congressional Investments in Defense Stocks Raise Ethical Eyebrows Amidst Ongoing Wars
17.10.2023
In the midst of ongoing strife in Ukraine and Israel, stocks of publicly listed defense corporations have seen a dramatic surge. Simultaneously, U.S. government officials have backed substantial war expenditures, and reports indicate a multitude of politicians reaping financial benefits from...
Australia Government Wants Crypto Exchanges to Possess a Financial Services License
17.10.2023
Australia-based crypto exchanges may soon be required to hold a financial services license issued by the Australian Securities and Investments Commission. The Australian government expects to have the draft legislation ready in 2024. According to the proposals, crypto exchanges will be given...
FTC Warns Consumers Crypto Deposits Are Not FDIC Insured
17.10.2023
The U.S. Federal Trade Commission (FTC) has warned consumers that crypto deposits are not insured by the Federal Deposit Insurance Corporation (FDIC). “That money isn’t FDIC insured or protected if the crypto company goes under,” the agency cautioned. “If something happens,...
NYC mayor releases plans for responsible AI usage in local government
16.10.2023
The administration for the mayor of New York City has released a plan for creating a framework for government agencies to utlitize AI, along with the pilot of the city’s first AI chatbot
The Story Behind the U.S. Government's $5 Billion in Bitcoin – Here's What You Need to Know
16.10.2023
The U.S. government has become one of the largest holders of Bitcoin (BTC), acquiring approximately 200,000 coins (worth around $5 billion) through seizures related to criminal activities.
The digital assets were seized from cybercriminals and darknet markets and are securely stored offline...
US government among largest Bitcoin hodlers with over $5B in BTC: Report
16.10.2023
The $5-billion estimation is based on three major seizures linked to the Bitfinex hack and Silk Road, meaning the actual holdings could be much larger
Australia's Government Calls for Digital Asset Platforms to Abide by Existing Financial Regulations
16.10.2023
The Australian government has unveiled a proposal aimed at imposing stricter regulations on cryptocurrency trading platforms, with a focus on enhancing oversight of customer funds.
The proposal, released on Monday, suggests subjecting digital asset platforms to the same laws that govern other...
UAE Government Unveils White Paper Focused on Metaverse Regulation
15.10.2023
The United Arab Emirates government recently announced the unveiling of a white paper which underscores the potential of the metaverse but also the areas “where the global community must strengthen its preparedness.” Globally Accepted Standards The United Arab Emirates government...
US Mulls Tighter Restrictions on AI Chip Shipments to Chinese Firms, Report
14.10.2023
The government in Washington is reportedly considering further limiting China’s access to U.S. processors used in artificial intelligence (AI) applications. The current restrictions, which were introduced last year, allow Chinese companies to source the chips through overseas subsidiaries....
Blockfi CEO Blames FTX and Alameda Collapse for Firm’s Bankruptcy
14.10.2023
Blockfi CEO Zac Prince testified Friday that the downfall of FTX contributed to his company’s bankruptcy. Prince appeared as a government witness in the fraud trial of former FTX boss Sam Bankman-Fried (SBF). Blockfi’s Prince: Loans Wouldn’t Be Approved Knowing Alameda Used...