Cryptocurrency Analysis and News Portal
Hong Kong’s local government on Friday announced the formation of the Task Force on Promoting Web3 Development, citing the potential benefits to many industries of the low cost and transparency in blockchain technology that underpins the idea of a decentralized Internet. The group will be chaired by the city’s Financial
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As part of Hong Kong's ongoing commitment to embrace the "megatrend" of Web3 development, it has established a diverse group of industry and government officials to supervise the progress of Web3 in the region.According to a June 30 statement, the government of Hong Kong has formed a task force comprising
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This newly formed task force will have an international reach for targeting different “crypto-enabled crimes”. As we know, several US agencies have been cracking down on the wider cryptocurrency market over the past few months. In the latest development, a total of five US enforcement agencies have announced cooperation among
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A diverse group of United States enforcement agencies has made official its cooperation on crimes related to the darknet and digital currency with the announcement of the Darknet Marketplace and Digital Currency Crimes Task Force on June 20. The new organization will target “cryptocurrency-enabled crimes” such as drug trafficking, money
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The AI task force advisor to the prime minister in the United Kingdom said humans have roughly two years to control and regulate artificial intelligence (AI) before it becomes too powerful. In an interview with a local UK media outlet Matt Clifford, who also serves as the chair of the
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The United States Treasury has announced deputies of the multilateral Russian Elites, Proxies, and Oligarchs, or REPO, Task Force have targeted crypto in Russian entities’ attempts to evade sanctions.In a March 9 announcement, the U.S. Treasury said the task force had blocked or frozen more than $58 billion worth of
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The United States Attorney’s Office for the Southern District of New York (SDNY) has formed an FTX Task Force to “trace and recover” missing customer funds, as well as handle investigations and prosecutions related to the exchange’s collapse. The announcement came via a statement from U.S. Attorney Damian Williams who is
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Ethereum is attempting an upside correction above $1,325 against the US Dollar. ETH is facing a major resistance near the $1,380 and
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Bitcoin started a fresh increase from the $28,500 support zone against the US Dollar. BTC must clear $30,600 to move further into a positive zone. Bitcoin formed a base above $28,500 and started a fresh increase. The price is now trading above the $30,000 level and the 100 hourly simple moving average. There
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After nearly a three-year-long discussion about establishing a task force to oversee blockchain and crypto initiatives, the governor of Utah, Spencer Cox, signed a bill to create the Blockchain and Digital Innovation Task Force.The Utah State Legislature first saw the introduction of the house bill (H.B. 335) in early February
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