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Coinbase CEO Defends Licensing of Analytics Platform to Gov’t Agencies

Coinbase defended the licensing of its analytics software saying if people really wanted privacy, privacy coins were around.Coinbase CEO Brian Armstrong took to Twitter to talk about Coinbase Analytics and the company’s practice of licensing out the platform, explaining why crypto exchanges must have some sort of analytics software to

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Austrian Gov’t Pilot Aims to Secure COVID-19 Communications With Blockchain Tech

The Austrian government has backed a new blockchain-based research project, aiming to provide secure communication channels between authorities, institutions and citizens in times of crisis.As announced June 18, the QualiSig project, launched by Austrian comms specialist A-Trust, will utilize the Ignis child chain, part of the Ardor blockchain from Swiss

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US Gov’t Issues New Guidance Against North Korea’s Cryptojacking, Ransomware and Hacking

Several United States agencies issued what they call comprehensive guidance on North Korea’s cyber attacks, which have hacked cryptocurrency exchanges and used cryptojacking and ransomware to finance the regime.An international alertIn the April 15 advisory, the U.S. Treasury, Department of State, Department of Defense, and the FBI continue a

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Chinese Gov’t Sets Up a Committee for Blockchain and DLT Standards

The Chinese government and its federal authorities are getting increasingly involved in the blockchain space to push forward innovation throughout the country. In the latest, the government released an official notice stating that they have put together a technical committee of 15 organizations to devise national standards for blockchain and

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US Gov’t Opens Door for Fintechs to Become Lenders in COVID-19 Relief Plan

Main Street businesses hit by the COVID-19 crisis now have access to a lifeline from fintech lenders.On April 9, the United States Small Business Administration (SBA) released its application form for nonbanks to sign on as lenders under the federal Paycheck Protection Program (PPP).Speaking to Cointelegraph on April 10,

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Chinese Gov’t Seeks Feedback on Data Security Standards for Blockchain, IT

China’s Ministry of Industry and Information Technology has called for feedback on draft guidance for standardizing data security in blockchain and other emerging technologies.In a document published on April 10, the ministry argued that data has become a “national basic strategic resource” and innovative element in social production. While the

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Govt. Pauses SEC Suit Against $30 Mln ICO Amid Parallel Investigation Concerns

Prosecutors have paused a United States Securities and Exchange Commission (SEC) lawsuit against the alleged operators of a $30 million fraudulent ICO amid concerns that proceedings may impact the integrity of a parallel investigation into the defendants.The United States attorney’s office for New Jersey intervened in the case on

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Dutch Govt to Embrace Blockchain in Fight Against Pandemic

A consortium of Dutch companies has launched the “Tech against Corona” initiative. Participating firms will freely provide the Dutch government with access to innovative technologies that can be used in the fight against COVID-19.Netherlands-based distributed ledger technology (DLT) firm, Tymlez, is one of more than 10 companies who are

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