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Ripple to Launch USD-Backed Stablecoin in June? CTO David Schwartz Hints
6.5.2024
Ripple stablecoin is supposed to be backed 1-to-1 by US Dollar deposits, US government bonds and other low-risk investments.
The post Ripple to Launch USD-Backed Stablecoin in June? CTO David Schwartz Hints appeared first on Cryptonews
Crypto Excluded from New South Korean Donations Law
6.5.2024
Crypto, “including Bitcoin,” will be excluded from an amended South Korean donations law, government officials announced on May 5.
The post Crypto Excluded from New South Korean Donations Law appeared first on Cryptonews
BTC-e founder pleads guilty in $9 billion laundering conspiracy
4.5.2024
A federal district court judge will determine his sentence in accordance with the U.S. Sentencing Guidelines and other statutory factors
US Government Could Target Bitcoin, Warns ‘Wolf of All Streets’ Amid Crypto Attacks
4.5.2024
Scott Melker, also known as the “Wolf of All Streets,” has cautioned that the same attacks on cryptocurrencies by the U.S. government “would eventually come for bitcoin, regardless of it being a commodity.” His warning followed recent regulatory actions by various government...
Baroness’ Letter Sparks Debate on UK’s AI Market Competition
3.5.2024
The UK government faces pressure to address copyright concerns and promote fair competition within the UK’s AI Market Competition. Learn about the challenges posed by generative AI, the role of Big Tech companies like Amazon and Microsoft, and the ongoing efforts to ensure a thriving and ethical AI ...
UK gov't calls for action on AI copyright, market competition
3.5.2024
The U.K. government is under pressure to increase AI oversight following a House of Lords report highlighting the need for stricter regulations for AI standards
Sen. Warren Warns US Military Officials, Claims Iranian Crypto Mining Supports Terrorism
3.5.2024
Two US Senators have together warned that this “ongoing activity by the Iranian government threatens our national security.”
The post Sen. Warren Warns US Military Officials, Claims Iranian Crypto Mining Supports Terrorism appeared first on Cryptonews
US lawmakers warn of Iranian crypto miners threatening national security
2.5.2024
According to Senators Elizabeth Warren and Angus King, the Iranian government has used funds from crypto mining to fund terrorist organizations
Senator Cynthia Lummis Slams DOJ For “Hyper-Aggressive” Crypto Stance On Self-Custody Wallets
2.5.2024
Senator Cynthia Lummis (R-WY) is slamming the U.S. Department of Justice (DOJ) for its stance on self-custody wallets, according to a Wednesday post from Lummis’ official X account. Lummis' condemnation comes on the heels of the U.S. government pressing unlicensed money-transmitting charges against...
Proposed US bill wouldn’t allow taxing block rewards at acquisition
1.5.2024
If incorporated into U.S. tax law, the bill would require block rewards from proof-of-work and proof-of-stake networks to be taxed when sold rather than when they were acquired
Extradition papers ready for Binance’s Anjarwalla, says INTERPOL Africa
1.5.2024
The Interpol official did not confirm that Anjarwalla is currently held in Kenya but noted that the fleeing crypto executive was last seen in the country
BlackRock's BUIDL becomes the world’s largest tokenized treasury fund
1.5.2024
It took less than six weeks for the BlackRock USD Institutional Digital Liquidity Fund to surpass Franklin Templeton’s one year old tokenized treasury fund
Worldcoin Operator Announces Mexico Expansion – Despite Potential Probe
1.5.2024
The Worldcoin operator Tools for Humanity is expanding its services in Mexico, the firm announced, in spite of lawmakers’ calls for a government probe into its iris-scanning drive.
The post Worldcoin Operator Announces Mexico Expansion – Despite Potential Probe appeared first on Cryptonews
Changpeng Zhao four-month prison sentence lighter than expected
30.4.2024
Prosecutors initially sought to charge the former Binance executive with 36 months
Coin Center Warns of DOJ Overreach in Tornado Cash, Samourai Wallet Cases
30.4.2024
The recent actions by the Department of Justice (DOJ) against non-custodial crypto wallet developers have sparked controversy and concern within the cryptocurrency community. According to Coin Center, these charges mark a significant shift from previous U.S. policies regarding money transmission...
London’s ‘Joe Rogan’ and crypto advocate Brian Rose makes bid for mayor
30.4.2024
The former Wall Street and City of London banker is making his second bid to become mayor of London
Monro Casino
30.4.2024
Monro Casino is quickly becoming the destination of choice for online gaming enthusiasts. This new legal casino is licensed by the Curacao government and operated by GALAKTIKA N.V., ensuring a safe and transparent gaming environment. This platform is distinguished by … Continued
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Pakistan’s Finance Minister Reaffirms Government’s Interest in Digital Currency
29.4.2024
Pakistan's plans for a central bank digital currency gained fresh momentum on Sunday, with finance minister Muhammad Aurangzeb raising the debate again.
The post Pakistan’s Finance Minister Reaffirms Government’s Interest in Digital Currency appeared first on Cryptonews
Does Money Transmitting Require Control? DOJ Says No in Tornado Cash Litigation
29.4.2024
Since the Department of Justice (DOJ) filed its legal opposition to the pretrial motions of Tornado Cash developers Roman Storm and Roman Semenov, there has been a buzz within the cryptocurrency community regarding specific aspects of the court filing. A key point raised by the prosecutors is their...
CryptoQuant CEO Supports Crypto Mixing, Says It’s Not A Crime
26.4.2024
The CEO and founder of CryptoQuant, Ki Young Ju, stated on April 25 that he was in favour of crypto mixing and that the practices were not unlawful. His remark followed the founders of Samourai Wallet's arrest, which alarmed the cryptocurrency community with the U.S. government's harsh targeting...