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US Lawmakers Question Tron Founder Justin Sun and DLive CEO on Extremist Content Following Capitol Riots

US Lawmakers Question Tron Founder Justin Sun and DLive CEO on Extremist Content Following Capitol Riots

Two U.S. lawmakers have questioned Tron founder Justin Sun and DLive CEO Charles Wayn in the wake of the Capital riots—asking them how they moderate extremist content.

Australian Pleads Guilty to Securities Fraud in $90 Million Crypto Scam in the U.S.

Australian Pleads Guilty to Securities Fraud in $90 Million Crypto Scam in the U.S.

An Australian man named Stefan He Qin has pleaded guilty to draining the investor accounts of his New York-based cryptocurrency fund to the tune of $90 million.

Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC

Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC

Paxos Trust Company announced that it will go ahead with the launch of its blockchain-enabled Paxos Settlement Service after receiving No-Action relief from the U.S. Securities and Exchange Commission (SEC).

Maduro: Venezuela to Activate Crypto Payment Method ‘Soon’

Maduro: Venezuela to Activate Crypto Payment Method ‘Soon’

Taking a page from North Korea, Venezuela is looking to skirt U.S. sanctions by using crypto. According to Bloomberg, Venezuelan President Nicolas Maduro announced a crypto payment method that they will activate “very soon.”

Women Taking on the Mantle of Leadership in Blockchain and Crypto Law

Women Taking on the Mantle of Leadership in Blockchain and Crypto Law

Women cryptocurrency and blockchain lawyers are taking the helm in several major law firms as they are leading blockchain practice groups in at least a half-dozen reputable law firms, such as McDermott Will & Emery, Morrison & Foerster, and Goodwin Procter.

US Treasury Department Proposes New KYC Requirements for Cryptocurrency Transactions

US Treasury Department Proposes New KYC Requirements for Cryptocurrency Transactions

The U.S Treasury Department has released a notice concerning a new rule that would require money services businesses and banks to verify identities, keep records, and submit reports of users holding crypto assets in unhosted wallets.

Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

In an attempt to stimulate U.S. economy amid coronavirus pandemic, the Federal Reserve (“the Fed”) decided to slash the main interest rate to near zero together with the purchase of $700 billion Treasury securities.

Why The U.S. SEC Should Approve Its First Bitcoin ETF

Why The U.S. SEC Should Approve Its First Bitcoin ETF

The US SEC should approve its first Bitcoin ETF products, a move that can enable more mainstream investors to get exposure to the digital asset.

Blockchain Solution in Healthcare: Google Secretly Collects Health Data From U.S Patients

Blockchain Solution in Healthcare: Google Secretly Collects Health Data From U.S Patients

Blockchain provides a fourth model that can enable secure sharing of lifetime health data across providers and business partners. The use of blockchain is a potential solution to the case associating Google to have reportedly collected medical data from U.S patients in secret.

US Congressmen Ask Federal Reserve to Create National Digital Currency

US Congressmen Ask Federal Reserve to Create National Digital Currency

Two members of the United States House of Representatives Financial Services Committee recently asked the Federal Reserve if it has any plans to create a U.S. dollar digital currency.

U.S. Financial Regulators Warn Crypto Firms to Tighten Stablecoin AML Risk Controls

U.S. Financial Regulators Warn Crypto Firms to Tighten Stablecoin AML Risk Controls

U.S. regulators have issued a strict warning on money laundering risks associated with stablecoins and has warned providers to tighten AML protections and controls.

Ethereum Developer Indicted for Blockchain and Crypto Expertise Sharing in North Korea

Ethereum Developer Indicted for Blockchain and Crypto Expertise Sharing in North Korea

A judge has ruled that the U.S. Department of Justice has enough evidence to move to trial against Ethereum developer Virgil Griffith after he allegedly aided in the circumvention of U.S. Sanctions that have been placed on the Democratic People’s Republic of North Korea.

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