Former United States President Donald Trump claims he is “very open minded” to “all things related to this new and burgeoning industry.” The United States must not settle for anything but top place in the cryptocurrency industry, according to former U.S. president Donald Trump. “Our country must be the leader in the field, there is…
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U.S. prosecutors are reportedly investigating the fintech firm after a whistleblower claimed it processed thousands of transactions for users from sanctioned countries and terrorist groups. United States federal prosecutors are reportedly probing Jack Dorsey’s fintech company Block, Inc. after a whistleblower surfaced documents alleging ongoing and widespread compliance violations at the firm’s payment arms Square…
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Hong Kong already has a clear definition of Ethereum and it is not a security, said OSL Digital Securities head Wayne Huang. Exchange-traded fund issuers in Hong Kong are not concerned about the crypto crackdown in the United States which could result in regulators classifying Ether as a security. Speaking at a press conference on…
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AI-generated voices used in automated phone scams, such as the one used in a recent fake Biden robocall campaign, are now illegal under U.S. telemarketing laws. Artificial intelligence-generated voices used in unwarranted robocalls — or automated phone calls — are now officially illegal in the United States following a new Federal Communications Commission (FCC) decision.…
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According to one market commentator, the planned sale of more than 2,900 Bitcoin is insignificant in comparison to the withdrawals from Grayscale’s ETF. The US government’s arranged offer of almost $118 million in held onto Silk Street Bitcoin BTC ought not be viewed as a reason to worry, as per market pundits. Following the Jan.…
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Key Points: US House conservatives individuals have presented another advanced resource guideline bill. The bill expects to lay out an administrative structure to safeguard financial backers in the crypto space and blueprints the power of the SEC and CFTC over crypto. The amendment bill’s exclusion of a number of conventional securities from the “digital asset”…
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Key Points: During a hearing on Thursday, a US judge will consider whether Terraform Lab’s cryptocurrency is security. The SEC had previously complained that Terraform Labs and DoKwon had violated securities laws and deceived investors regarding the UST’s stability. Kwon and Terraform Labs argue that the case should be dismissed because the SEC does not…
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The Utah DAO Act, which gives DAOs legal recognition and protections against limited liability, was passed by the Utah State Legislature. Act HB 357, the Utah Decentralized Autonomous Organizations Act (Utah DAO Act), was approved by the Utah State Legislature. This new law frames DAOs as “Utah LLDs,” giving them limited liability and legal recognition.…
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