Is Sam Bankman-Fried the Victim of a Double Standard?

Examining the government's treatment of fallen crypto entrepreneur Sam Bankman-Fried, and comparing his case with that of Elizabeth Holmes. The post Is Sam Bankman-Fried the Victim of a Double Standard? appeared first on BeInCrypto. дальше »

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RFK Jr: Bitcoin ‘Currency of Freedom’; Canadian Government Morphed Into ‘Monster’ During Trucker Protests

The Democratic presidential candidate made the comments during a Twitter Spaces conversation with prominent Bitcoiners on Wednesday. дальше »

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Israel Consults Public on DAO Regulation, Sets Up Special Examination Team

The team will examine required corporate status, taxation other aspects of DAOs to "create legal certainty" and reduce risks, the government has said. дальше »

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Crypto Crime: South Korea Intelligence Unit Offers Support To Virtual Asset Operators

In its continuous attempt to regulate its evolving crypto scene and fight against crypto crimes, the South Korean government has offered support to virtual asset operators in the country. The nation’s Financial Intelligence Unit recently held a meeting with five local virtual asset services providers to help strengthen their “compliance capabilities.” This meeting is a […] дальше »

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U.K. Move to Digitize Trade Documents Could Rely on Blockchain, Government Says

The Electronic Trade Documents Act, set to take effect later this year, could make use of blockchain tech to improve security and reduce costs. дальше »

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How Crypto Scammers Stole Data Using Hijacked Italian Government Email Address

Crypto scammers are illegally accessing the X legal request portal using stolen Italian government email addresses to target crypto projects and influencers by asking for sensitive information. The post How Crypto Scammers Stole Data Using Hijacked Italian Government Email Address appeared first on BeInCrypto. дальше »

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Sam Bankman-Fried’s Campaign Fraud Charges Dropped

New developments in the case against Sam Bankman-Fried, co-founder of FTX, took a turn as the U.S. government decided to drop one of the thirteen counts against him. The charge,... дальше »

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UFO hearing: Crypto degens spare no time crafting 50 alien shitcoins

With the United States government accused of covering up extraterrestrial activity, crypto degens were quick to sprout a shiny batch of memecoins. дальше »

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Are Chainalysis’ Tools Scientifically Sound? Executive’s Statement Casts Doubt

An executive for on-chain analytics firm Chainalysis was the source of controversy following a recent statement. According to a court filing, the company’s Director of Investigation Solutions for government applications, Elizabeth Bisbee, provided testimony in the case against Roman Sterlingov. дальше »

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Palau to pilot USD-backed stablecoin PSC on XRP Ledger

The government of Palau has teamed up with Ripple Labs to launch a USD-backed stablecoin named Palau Stablecoin (PSC) on the XRP Ledger. дальше »

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Stablecoins Act As ‘Connector’ Between Crypto And The Real World: Ex-CFTC Chief 

Stablecoins have been gaining traction in the financial world, prompting discussions about their significance and potential risks. In an eye-opening interview, Timothy Massad, the former chairman of the US Commodity Futures Trading Commission, recently emphasized the importance of government attention toward the stablecoin ecosystem. дальше »

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USD-backed stablecoin pilot project launched by Pacific island nation of Palau

The Palau Stablecoin, or “Kluk,” will be minted on XRP Ledger using the Ripple CBDC Platform and will be distributed first to government employees. дальше »

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Sam Bankman-Fried’s Lawyers Lash Out at Prosecutors and Current FTX CEO

An explosive court filing alleges the government has been too cozy with the media in the Bankman-Fried case. The post Sam Bankman-Fried’s Lawyers Lash Out at Prosecutors and Current FTX CEO appeared first on BeInCrypto. дальше »

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Web3 part of a ‘new capitalism’ says Japan PM Kishida

In a move demonstrating Japan’s commitment to Web3, Japanese Prime Minister Fumio Kishida stated the government is actively working to enhance and promote Web3, aligning with his administration’s larger vision of a “new capitalism. дальше »

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How rising interest costs impact government finances

Quick Take According to the Founder of Equity Management Associates, Lawrence Lepard, in his EMA Q2 report, the escalating interest expense, rapidly nearing a run rate of $1 trillion, is a major cause of the expanding government deficit. дальше »

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LBank Labs and Seoul Metropolitan Government to drive blockchain innovation at Seoul Web3 Festival

LBank Labs will hold the Seoul Web 3.0 Festival 2023 (SWF 2023) with the Seoul Metropolitan Government in late July. An official from the Seoul Metropolitan Government predicts that the event, which wThe post LBank Labs and Seoul Metropolitan Government to drive blockchain innovation at Seoul Web3 Festival appeared first on AMBCrypto. дальше »

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UK Government Firmly Rejects Proposal To Treat Crypto Like Gambling

The United Kingdom’s HM Treasury has dismissed a House of Commons Treasury Committee recommendation to regulate the crypto industry like gambling, noting that it “firmly disagrees” with the committee’s view. дальше »

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Kuwait Regulator Imposes Blanket Ban On Crypto And Virtual Assets

Kuwait’s government has hardened its stance against cryptocurrencies, prohibiting the use of digital assets for payments or investments in a bid to clamp down on money laundering and terrorist financing. дальше »

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US DoJ accuses FTX founder of leaking private diary of Caroline Ellison

Sam Bankman-Fried attempted to publicly discredit government witness Caroline Ellison, who was once his business ally and a romantic partner, the DoJ argued. дальше »

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Britain Rejects Proposal To Regulate Crypto As Gambling

The UK government has rejected a proposal by the House of Commons Treasury Committee to regulate crypto retail trading similarly to gambling. In a committee report released on May 17, British lawmakers recommended regulating the UK crypto market akin to gambling. дальше »

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UK's FCA Is Designing Prudential Requirements for Firms Carrying Out Crypto Activities

The Financial Conduct Authority will consult on rules once the government gives it the necessary powers, the regulator said in its annual report. дальше »

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UK Government Rejects Plans to Treat Crypto Investment Like Gambling

The UK government has rejected a proposal to regulate crypto investment as gambling, arguing that such regulation wouldn't address risk factors and could clash with international standards. The post UK Government Rejects Plans to Treat Crypto Investment Like Gambling appeared first on BeInCrypto. дальше »

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UK rejects proposal to regulate crypto like gambling

In May, the Treasury Committee proposed that the government regulate cryptocurrency like gambling. The government has responded that such an approach could go contrary to the globally agreed crThe post UK rejects proposal to regulate crypto like gambling appeared first on AMBCrypto. дальше »

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Shanghai to integrate blockchain as Hong Kong becomes crypto hub 

China’s Shanghai has released guidelines for integrating and promoting innovative technologies like blockchain, the metaverse, and digital yuan. The Chinese government has outlawed bitcoin (BTC) and other digital assets. дальше »

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UK government rejects lawmaker’s call to treat crypto like gambling

The government added that it is already working on regulating the crypto market, and proposed legislation was put before parliament and debated last month. дальше »

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Myanmar Shadow Government to Start Neobank With Crypto Rails to Fund Fight Against Military Junta

The National Unity Government bank is set to run on Polygon and do currency swaps via Uniswap v3 pools and USDT stablecoins. дальше »

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UK Government Rejects Lawmaker Plan to Regulate Crypto as Gambling

The Treasury says it has learned lessons from FTX's collapse, and that gambling law doesn’t deal with crypto risks. дальше »

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SEC Chairman Gary Gensler Requests $2.4B Budget To Tackle Misconduct in Crypto Markets

SEC Chair Gary Gensler discussed the use of a $2. 4 billion budget for tackling misconduct in the crypto market before the Subcommittee on Financial Services and General Government U. S. Senate Appropriations Committee. дальше »

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Multiple spot crypto ETF applications go to Federal Register in step toward SEC approval

Publishing the ETF applications in the official journal of the U.S. government gives the SEC up to 240 days — until March 2024 — for final approval or denial. дальше »

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RFK Jr. Plans To Back Government Debt With Bitcoin, End BTC Taxes

In an event organized by the Heal-the-Divide PAC, Democratic Presidential Candidate Robert F. Kennedy Jr. revealed his ambitious Bitcoin-oriented policies that, if implemented, could transform the financial landscape of America. дальше »

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UK think tank argues AI leadership hinges on effective regulation in new report

The UK government aims to establish the country as a global leader in artificial intelligence, but experts argue effective regulation is essential for realizing this vision. A recent report from the Ada Lovelace Institute provides an in-depth analysis of the strengths and weaknesses of the UK’s proposed AI governance model. дальше »

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Moral Compass: The Political Spectrum And Our Understandings Of Bitcoin

Bitcoin may be apolitical, but your outlook on the role of government likely informs your attitude toward this decentralized revolution. дальше »

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Backlash Grows as UK’s Digital Pound Sparks Public Outcry

UK’s Hesitation with Central Bank Digital Currency Sparks Concerns Amid Global Decline in Physical Currency Usage The government of the United Kingdom, known for its civil and democratic society, has sought public consultation before moving forward with the development of a digital version of the British pound. дальше »

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Bitcoin loses lead in daily transactions: Here's why

Bitcoin fell behind in terms of daily transactions The U.S. government sold confiscated Bitcoins, but this has had no impact on prices so far. Bitcoin [BTC] might be the most popular cryptocThe post Bitcoin loses lead in daily transactions: Here's why appeared first on AMBCrypto. дальше »

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US Government Readies to Sell $246 Million in Bitcoin

In an unprecedented move, the US government readies to sell $246 million worth of Bitcoin, shaking the crypto market and testing its stability amid ongoing liquidity crises. The post US Government Readies to Sell $246 Million in Bitcoin appeared first on BeInCrypto. дальше »

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Bitcoin: Uncle Sam makes moves - what about your holdings?

The U.S. government moved some of its seized BTC. Traders remained relatively optimistic as long positions dominated the market. Bitcoin [BTC] has been stagnating around the $30,000 - $31,00The post Bitcoin: Uncle Sam makes moves - what about your holdings? appeared first on AMBCrypto. дальше »

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Mike Novogratz Says Spot Bitcoin ETFs Will Slingshot BTC’s Price Upwards As Institutional Demand Grows

The outspoken CEO of Galaxy Digital, Mike Novogratz, believes that the recent spate of applications for spot bitcoin exchange-traded funds (ETF) from high-profile asset managers if approved, would represent a “seal of approval” for crypto from the U.S. government and its top securities watchdog. дальше »

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US government transfers BTC worth $300m from Coinbase

The US government moved over $297 million worth of bitcoin (BTC) seized from the Silk Road hacker in March. The total amount captured from the hacker was worth over $1 billion — 49,000 bitcoins — in March. At the current… дальше »

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US Government Moves BTC Valued At $300M, Prompting Liquidation Fears

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Why Is the US Government Moving Over 9,300 Seized Bitcoin?

The US government has moved over 9,300 Bitcoin from two of its wallets, sparking speculation about whether it plans to sell the cryptocurrency The post Why Is the US Government Moving Over 9,300 Seized Bitcoin? appeared first on BeInCrypto. дальше »

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Silk Road BTC Valued at $300M Moved by US Government

US government-linked wallets moved Bitcoin worth over $300 million that are connected to the Silk Road, a once-thriving illegal marketplace on the darknet. The transactions were carried out the transfer... дальше »

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Silk Road–Linked Bitcoin Worth $300M Moved by U.S. Government: On-Chain Data

A wallet tagged as belonging to the U.S. government has moved over $300 million worth of bitcoin (BTC) in three separate transactions. дальше »

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United Nations aims to standardize blockchain 

The United Nations Internet Governance Forum (IGF) and the Government Blockchain Association (GBA) have announced a new partnership to standardize blockchain and cryptocurrency.  The partnership will introduce the Dynamic coalition on blockchain assurance and standardization. It will use the GBA’s… дальше »

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US GAO Explores Blockchain for SBA Small Business Oversight

“Government Watchdog Identifies Blockchain’s Potential in Enhancing Oversight of SBA’s Small Business Programs” A recent report from the Government Accountability Office (GAO) sheds light on how blockchain technology can revolutionize the monitoring and management of Small Business Administration (SBA) programs. дальше »

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US GAO explores blockchain for SBA’s small business programs oversight

The Government Accountability Office highlighted blockchain’s ability to streamline and improve annual reporting, facilitate safe loans and monitor business development progress. дальше »

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Tokenized U.S. Treasurys Surpass $600M as Crypto Investors Capture TradFi Yield

Crypto investors now effectively lend $614 million to the U.S. government via different tokenized Treasury products, according to real-world asset data firm RWA.xyz. дальше »

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UK Government Launches Sandbox to Test Tokenization as CBDC Looms

The UK Treasury proposes a new sandbox to test tokenised asset transfers after the government passed the Financial Services and Markets Bill. The post UK Government Launches Sandbox to Test Tokenization as CBDC Looms appeared first on BeInCrypto. дальше »

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Ethereum Node Locations Raise Concerns About US Government Involvement

Ethereum is currently the largest proof of stake (P0S) network after transitioning from a proof of work (PoW) mechanism late last year. This means that the network now uses validators to carry out transactions as opposed to miners using energy-intensive computers to solve complex mathematical problems to do the same thing – something that has […] дальше »

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Novogratz recommends buying bitcoins due to the growth of the US national debt

The head of the Galaxy Digital blockchain company, Mike Novogratz, recommends buying bitcoins due to the growth of the US government debt. From June 1 to July 6, the debt owed to creditors of the US federal government increased by $ 1 trillion and reached $ 32. дальше »

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Binance Feels Strain of World’s Regulators Leaping Into Action

Australian officials directly sought out current and former employees of Binance’s operation there this week, demanding copies of internal communications and data from their personal devices, according to a person familiar with the government’s move against the leading crypto exchange, which marked the latest in a pile-up of legal troubles facing the company. дальше »

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