The DoJ’s guidance around cryptocurrency enforcement, that cites “crime” and “criminals” 168 times, has been poorly received. The new cryptocurrency enforcement guidelines by the Department of Justice (DoJ) have received a negative response from segments of the crypto community. Published earlier today by the attorney general for the U.S. William Barr, the DOJ report aims […]
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The US government says they have broad extraterritorial jurisdiction over crypto-related businesses. The Cryptocurrency Enforcement Framework issued by the U.S. Department of Justice stipulates a number of cases where it will exert its authority over foreign actors: “where virtual asset transactions touch financial, data storage, or other computer systems within the United States”, if they […]
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Major cloud service providers are showing increased interest in joining blockchain networks. Blockchain is undergoing a critical turning point, shifting from an emerging technology into a useful business tool that enterprises want to incorporate into existing IT stacks. As more companies continue to explore how blockchain can help achieve digital transformation, major cloud service providers […]
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“I have seen this movie before,” said the ex-banker with reference to DeFi. Revolution Populi has released layer one of a blockchain solution that the founding team believes could be used as a clearinghouse for crypto and traditional financial transactions. The protocol iterates over the delegated proof-of-stake consensus used by EOS, which employs 21 block producers. […]
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London-based banking company Cashaa will launch a crypto-friendly neo-bank in India The London-based online banking platform Cashaa is planning to launch a crypto-friendly neobank — or internet bank — in India. Kuman Gaurav, the founder of Cashaa, told Cointelegraph that Cashaa India will allow Indian businesses and individuals to open a savings account with them […]
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There’s a growing realization that social media has become a destructive influence. But can blockchain social media platforms really make a difference? Big tech isn’t just big anymore. It’s grown into a ravenous Cthulhu-esque beast with its tentacles wrapped around almost every data point in our lives. But in the light of a House Judiciary […]
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Tripadvisor experience marketplace Viator has partnered with ShareRing to facilitate payments and store travelers sensitive information. Australian-based blockchain company ShareRing has partnered with Tripadvisor experience marketplace Viator to allow users to pay for almost 400,000 tourism experiences with a variety of cryptocurrencies. The ShareRing platform, built on Tendermint, will allow users to book, register, and […]
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The government is great at setting up regulatory frameworks, not building products, says Currency Comptroller Brian Brooks Brian Brooks, Acting Comptroller of the Currency said the future of cryptocurrency regulations is in the hands of the people, and not the government. He told Cointelegraph’s Alex Cohen at the LA Blockchain Summit that he believes that […]
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Ripple’s executive chairman has slammed U.S. lawmakers for losing the blockchain arms race to China Speaking at the LA Blockchain Summit conference on October 6, Ripple co-founder, Chris Larsen, slammed the United States for falling behind in the race to design “the next generation of the global financial system.” The address expanded on some of […]
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Crypto exchanges are disappearing at a fast rate this year. As least 75 crypto exchanges have closed down due hacks, exit scams or simply disappeared for unknown reasons so far this year. According to the Crypto Wisser Exchange Graveyard five of the exchanges, including Hotbit, FinexBox, and WCX, were labelled as scams, and four including […]
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