UK government shuts down two firms suspected of crypto fraud

The UK government has ordered the closure of two companies engaging in crypto-related fraud. The UK government said that an inquiry into the two companies showed that they had engaged in a £1.3 millio...

How the U.S. government can keep household debt in check

On Aug. 24, President Biden announced the cancellation of $10,000 in federal student loan debt for most borrowers making less than $125,000 annually. But student loans account for less than 10% of hou...

Taliban Government in Afghanistan Targets the Crypto Industry

Bitcoin News The country’s central bank banned crypto one month ago. Severe economic sanctions have been imposed on Afghanistan. The Taliban starts targeting anyone who deals in crypto. Bloomberg repo...

New Government Contracts Bill Fleeces Taxpayers Bi-Partisan Style

A little noticed Senate bill entitled the “AGILE Procurement Act” (S. 4623) is a classic illustration of large business interests hijacking government contracting policy in the name of promoting small...

Tether says it’s not freezing Tornado Cash addresses until government tells it to

Tether is upholding its decision not to freeze sanctioned wallet addresses with ties to Tornado Cash because it has not received any requests from US law enforcement or regulators to do so, the compan...

Qantas CEO blames ‘little’ government help and Covid for lagging peers

Qantas CEO Alan Joyce told CNBC the airline was not able to return to profit as quickly as other carriers like those in Singapore because it did not receive as much government support and faced a R...

Australia’s Financial Watchdog Joins Government in Eyeing Fresh Crypto Regulations

The Australian Securities and Investments Commission (ASIC) Chair Joseph Longo has made his thoughts on crypto investments clear: It’s “not my job to be a crypto cheerleader.” During a Committee for E...

Does Government Spending Cause Inflation?

Getty Images Key takeaways Inflation occurs when the cost of goods and services rises over time Several factors contribute to inflation generally, and today’s inflation in particular, including consum...

Chinese Municipal Government Pushes Metaverse Plans After Shanghai City’s 5-Year Proposal

On August 23, the Chinese local government body announced the “Beijing Urban Sub-Center Metaverse Innovation and Development Action Plan (2022 -2024)” Beijing municipal department of Tongzhou District...

Coinbase faces class action for crashing during volatility, listing securities

A Coinbase user is suing the exchange for failure to provide the secure crypto wallet access that it advertises.  The plaintiff, George Kattula, filed the class action on behalf of all Coinbase wallet...

OpenSea insider trading case could increase government power

Nathaniel Chastain, formerly of OpenSea, has filed a motion to dismiss the indictment filed against him for insider trading.   Chastain had been charged with wire fraud and money laundering related to...

Iranian Association Calls for Stable Crypto Regulation as Government Plans Widespread Use of Crypto in Foreign Trade – Regulation Bitcoin News

Iran’s association of importers has stressed the need for a stable regulatory framework for cryptocurrencies now that the Iranian government is officially using crypto to pay for imports. “By the end ...

Australian Government Set to Conduct Crypto Mapping Exercise – crypto.news

Authorities in Australia have revealed plans to token map the country’s digital currency space, to make it easier for them to formulate regulations that would better protect consumers, as bitcoin (BTC...

New Australian Government Opens Up on Crypto Regulations

17 seconds ago | 2 mins read Bitcoin News The token mapping effort aims to be completed by the end of the year. The Treasury will also begin working on some of the other recommendations soon. The Aust...

Australia’s new government finally signals its crypto regulation stance

Three months after being elected into power, the Australian Labor party has finally broken its silence on how it’s planning to approach crypto regulation.  Treasurer Jim Chalmers announced a “to...

Ukraine’s Government Revealed The Breakdown Of $54 Million Raised By @AidforUkraine 

Most part of the donation is spent on altered aerial vehicles. At the same time, the online brokerage giant of Japan called off a break on crypto mining operations in Russia. A senior minister from Uk...

Coinbase CEO to shutdown Ether staking if government interferes

The CEO of Coinbase, Brian Armstrong, has said that the exchange will shut down Ether staking if there is government censorship. Armstrong said he would not be p[art of censoring the Ethereum blockcha...

Ukraine Government Breaks Down How it Spent $54M in Crypto

The beleaguered Ukrainian government is spending $54 million in cryptocurrency donations on military and medical supplies, according to a senior minister. “With $54M raised by @_AidForUkraine, we’ve s...

Federal Reserve governor pumps the brakes on US CBDC in favor of FedNow

A leader at the Federal Reserve is pumping the brakes on speculation surrounding crypto engagement from the regulator. In an August 17 speech, Federal Reserve Governor Michelle Bowman took issue with ...

Senator claims the FDIC is stonewalling banks that try to work with crypto

Senator Pat Toomey, R. PA, is calling the Federal Deposit Insurance Corporation to account for its work in crypto.  In an August 17 letter to FDIC acting chairman Martin Gruenberg, Toomey says the age...

How Comedian Adam Conover Made A Netflix Show With President Obama

Adam Conover Stars in Netflix’s “The G Word” Netflix Comedian Adam Conover has always been ahead of his time. At CollegeHumor, he popularized internet comedy videos and turned the ch...

KuCoin, Bitrue, Poloniex, and 13 Crypto Exchanges Accused By Government of Operating Illegally in South Korea

South Korea to Block Crypto Exchanges   The Korean government has notified relevant agencies to investigate and block domestic access to the exchanges. South Korean government said it had notified inv...

SEC files suit against Dragonchain over $16.5 million ICO

The Securities and Exchange Commission has hit yet another 2017 initial coin offering with legal action. On August 16, the SEC filed a complaint against several business entities surrounding Dragoncha...

Digital Currency Group registers to lobby for the first time

Crypto investment giant Digital Currency Group is getting into lobbying. Per an August 15 filing, Julie Stitzel, the firm’s VP of public policy, has registered to lobby on behalf of DCG. It is t...

If The Government Cannot Say What You Did Wrong, It Shouldn’t Take Your Stuff

Jeni Pearsons was never charged with a crime, but she almost lost the precious metals in her … [+] security deposit box to the federal government. Institute for Justice Innocent until proven gui...

A Third Of Republicans Support Politicians Without Government Experience, Study Finds

Topline Some 32% of Republicans and Republican-leaning independents prefer political leaders with no previous government experience, compared to only 10% of Democrats, according to a new Pew Research ...

Coin Center To Challenge Tornado Cash Ban By U.S Government in Court 

Today, Coin Center shared that it is bracing itself to challenge the Tornado Cash ban in court by the U.S government. To the unfamiliar, Coin Center is a non-profit which focuses on solving issues rel...

Coin Center prepares legal challenge to Treasury’s Tornado Cash sanctions

Coin Center, a crypto-focused policy think tank, is prepping a challenge to the Treasury’s sanctions on Tornado Cash. In an August 15 blog post, Coin Center analyzed the contradiction of sanctio...

The EU is on the verge of creating a new AML regulator that will oversee crypto

The European Union is poised to create a brand new regulator with direct crypto oversight. While the crypto industry’s attention has been on the Markets in Crypto Assets regulation and the controversi...

Tornado Cash developer arrest sparks fears of global crypto enforcement

The crypto industry has been reeling since the US Treasury blacklisted decentralized crypto mixer Tornado Cash on Monday. Despite Treasury sanctions formally being limited to US persons and entities d...

Crypto Economy’s Top Privacy Coins Take a Hit After US Government Banned Tornado Cash – Bitcoin News

Following the U.S. government prohibiting the use of the ethereum mixing service Tornado Cash, the crypto economy’s top privacy coins lost more than 8% in USD value the following evening after the ban...

Tornado Cash Governance Token TORN Shudders More Than 57% Since the US Government Ban – Bitcoin News

Amid the crackdown against Tornado Cash, associated addresses, contributing developers, and anyone who uses the mixing platform, the project’s governance token called TORN has shuddered in value. TORN...