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US, UK, Germany Among Countries With Largest Government Crypto Holdings, Arkham’s Data Shows

14.4.2024
The United States, United Kingdom, and Germany rank among the top countries holding cryptocurrencies at the government level, according to data from Arkham Intelligence. The crypto analytic firm’s onchain analysis shows that the U.S. government holds 212,847 bitcoins while El Salvador...

US Government Pledges $3.6M to Build Cybersecurity Workforce

4.4.2024
On April 3, the US government promised cooperative agreements worth roughly $3.6 million to build a workforce skilled in cybersecurity, shielding companies from potential cyberattacks. The post US Government Pledges $3.6M to Build Cybersecurity Workforce appeared first on Cryptonews

Chinese Government Launches ‘Ultra-Large Scale Blockchain Infrastructure Platform’

4.4.2024
The Chinese government is reportedly launching an “ultra-large-scale blockchain infrastructure platform for the Belt and Road Initiative.” The platform will support the implementation of cross-border cooperation projects along the Belt and Road Initiative and provide the base...

US Government Transfers Nearly $2B in Bitcoin to Coinbase, Arkham Data Reveals

2.4.2024
On April 2, 2024, the U.S. government executed a transaction involving nearly $2 billion in bitcoin (BTC), channeling the assets to Coinbase Prime, as Arkham Intelligence’s data reveals. The transfer comprised 30,174.70 BTC, successfully processed at block height 837,413, incurring a fee...

U.S. SEC Asking for More Millions, Dozens of Lawyers to Beef Up Crypto Oversight

22.3.2024
Gary Gensler wants 33 more people in the enforcement division of the U.S. Securities and Exchange Commission (SEC) to deal with "new and emerging issues," according to the regulator's annual budget pitch. Much of that office's recent, emerging workload has come from the agency's pursuit...

Crypto Exchange Okx Shuts Down Services in India Due to Regulations — Advises Users to Withdraw All Funds

22.3.2024
Cryptocurrency exchange Okx has notified its users in India that the platform is shutting down services in the country “due to local regulations.” The exchange has advised users in India to “withdraw all funds” from their accounts by the end of April. The Indian government...

Cleartoken Secures $10M in Funding to Pioneer UK’s First Digital Asset Clearing House

13.3.2024
On Monday, the crypto clearing house startup Cleartoken revealed that it raised $10 million from strategic investors including Nomura’s Laser Digital, Flow Traders, and LMAX Digital. Cleartoken Nets $10M to Launch U.K. Digital Asset Clearing Services The horizontal clearing house for the digital...

U.S. President Again Proposes Crypto Mining Tax, 'Wash Sale Rule' for Digital Assets in New Budget

11.3.2024
The U.S. president's budget proposal for 2025 suggests the administration can reduce the national deficit by nearly $10 billion just by "modernizing rules" that include cryptocurrencies

Edward Snowden Predicts Government Bitcoin Buys, US Transfers 15,085 Bitcoin Following Price Surge

29.2.2024
Edward Snowden predicts government bitcoin buys, while $922 million worth of Bitcoin has been moved from wallets linked to the US government. The post Edward Snowden Predicts Government Bitcoin Buys, US Transfers 15,085 Bitcoin Following Price Surge appeared first on Cryptonews

U.S. Government Crypto Wallets Transfer Nearly $1B of Bitcoin Seized From Bitfinex Hacker

28.2.2024
Wallets containing bitcoin seized by the U.S. government in the notorious Bitfinex hack – later leading to guilty pleas for Ilya Lichtenstein and Heather "Razzlekhan" Morgan – have suddenly become active

Congressman Rand Paul Reintroduces ‘Audit the Fed’ Bill

29.1.2024
Congressman Rand Paul reintroduced the Federal Reserve Transparency Act, also known as the “Audit the Fed” Bill, as a standalone piece of regulation into the U.S. Senate. The bill seeks to take the lid off what Paul considers to be the “entirely unknown inner workings”...

New York's Crypto BitLicense Oversight Criticized by State's Comptroller

9.1.2024
The New York Department of Financial Services (DFS) is drawing some internal heat over whether it's doing a good job overseeing crypto activity through its BitLicense program, according to a review from New York State Comptroller Thomas DiNapoli

US Court Finalizes Forfeiture of 69,370 Bitcoin from Silk Road

21.12.2023
Source: DALL·E A U.S. appeals court has completed a legal process finalizing the seizure of 69,370 Bitcoin from the Silk Road, the now defunct dark web marketplace. According to a court filing, the U.S. District Court of Appeals for the Ninth Circuit confirmed the transfer of the Bitcoin to federal...

Crypto KYC Solutions Advance to Ensure Adoption and Better User Experience

14.12.2023
Know-your-customer (KYC) measures are becoming more important as the cryptocurrency sector grows. These models have proven to help digital asset service providers prevent against crimes such as money laundering, terrorist financing and more. Yet while KYC processes can help financial firms better...

Indian Government Provides Update on Crypto Regulation

14.12.2023
The Indian government has responded to questions during a parliamentary session regarding crypto regulation in India. The government emphasized the valuable guidance provided by the IMF-FSB synthesis paper presented at the G20 summit, noting that this paper offers a framework for both G20...