Thursday, April 25, 2024
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Thailand delays $15b crypto giveaway citing security concerns

According to Thailand’s Deputy Minister of Finance Julapun Amornvivat, the giveaway will not be launched on Feb. 1, as planned. Thailand will not launch the long-awaited “airdrop” on time as the government needs more time to develop “a safe system,” local news media Vietnam+ reports, citing Thailand’s Deputy Minister of Finance

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Marinade and Orca Finance ban UK user access amid FCA regulatory concerns

Solana DeFi platforms Marinade Finance and Orca Finance restrict access for UK users due to FCA regulatory guidelines. Marinade Finance and Orca Finance, leading platforms in Solana’s decentralized finance (DeFi) ecosystem, have implemented geo-restrictions for users in the United Kingdom, citing the need for regulatory compliance. According to the site, the restrictions

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US official confirms military concerns over China’s access to cloud technology

United States Undersecretary of Commerce for Industry and Security Alan Estevez recently told reporters at an event in Tokyo that the U.S. is looking to crack down on Chinese access to U.S. cloud-based technologies.Speaking to journalists at the Mount Fuji Dialogue policy forum on Oct. 21, Estevez confirmed reports that

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US authorities monitor China-linked Bitcoin miners amid national security concerns: Report

Officials within the United States government were reportedly keeping tabs on certain cryptocurrency mining operations with ties to China.According to an Oct. 13 report from The New York Times, many Bitcoin (BTC) data centers based in the U.S. can be traced directly to the Chinese government, raising concerns over operations

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Coinbase Urges IRS to Reconsider Proposed Tax Rules, Citing Privacy Concerns 

Aside from Coinbase has raised concerns about the potential adverse impact of the proposed law across various sectors within the digital asset ecosystem. The recent proposal from the US Internal Revenue Service (IRS) regarding crypto tax regulations has drawn strong criticism from Coinbase, the largest cryptocurrency exchange in the United States.

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Vitalik Buterin voices concerns over DAOs approving ETH staking pool operators

Vitalik Buterin, the co-founder of Ethereum, has expressed worries regarding decentralized autonomous organizations (DAOs) exerting a monopoly over the selection of node operators in liquidity staking pools.In a September 30 blog post, Buterin issues a warning that as staking pools adopt the DAO approach for governance over node operators—who are

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