Cryptocurrency Analysis and News Portal
Nonprofit ethics group Campaign for Accountability (CfA) sent a letter to U.S. Senators Elizabeth Warren and Sherrod Brown on Nov. 9 to present them with information on the alleged use of cryptocurrency in money laundering. The letter discussed the Tron blockchain and stablecoin issuer Circle in particular.In the letter signed
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Mr. President, leveraging the potential of bitcoin mining to accelerate the transition to a renewable-powered, efficient, and interconnected energy grid presents a remarkable opportunity for our nation's energy future. By providing incentives that encourage miners to use renewable energy sources and invest in sustainable practices, we can create a win-win
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It is more important than ever, with increasing cost of living pressures, for firms to ensure their customers are receiving fair value on their savings. We note that some firms have raised the rates of existing savings products, and others have taken positive steps to communicate with their customers to ensure
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United States Senate Financial Services Committee Chair Ron Wyden and ranking member Mike Crapo released an open letter to the digital asset community on July 11 asking for input on the taxation of digital assets. The senators are looking for solutions to highly complex taxation issues, so much so that
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According to a letter sent by the SEC on July 7 to a district judge, Coinbase had knowledge of the probability that federal securities laws would apply to its operations, openly informing its shareholders about the possibility of assets traded on its platform being classified as securities."Since becoming a public
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An open letter to lawmakers in the European Union was issued by more than 160 executives from tech companies around the world urging careful consideration of artificial intelligence (AI) regulations not to stunt the industry or markets.On June 30, executives from companies such as Renault, Meta, Spanish telecom company Cellnex,
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Microsoft’s chief scientific officer, Eric Horvitz, believes artificial intelligence will allow future humans to flourish, but he’s apparently hedging his bets. Horvitz published a post entitled “Reflections on AI and the future of human flourishing” on the official Microsoft blog on May 30. The article discusses the future of artificial intelligence
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The United States Commodity Futures Trading Commission (CFTC) has issued a staff advisory letter to registered derivatives clearing organizations (DCOs) and DCO applicants, reminding them of the risks associated with expanding the scope of their activities. The letter from the CFTC Division of Clearing and Risk (DCR) specifically addressed digital
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The letter did not mention a lawsuit, however, Musk threatened to seek legal redress if there is such a need when he first mentioned this violation back in April. There appears to be a subtle data war brewing between Twitter Inc and American tech giant Microsoft Corporation (NASDAQ: MSFT). This claim
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Coinbase’s legal chief has requested the United States Securities and Exchange Commission (SEC) make several revisions to its proposed regulation on the responsibilities of registered investment advisers (RIAs) for storing client assets with qualified custodians.Although the SEC acknowledges Coinbase Custody Trust Company as a “qualified custodian,“ Coinbase contends that the
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