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Former US Head of Treasury Lawrence Summers Backs Cryptocurrency

Former US Head of Treasury Lawrence Summers Backs Cryptocurrency

In an interview with CEO of the digital currency company Circle —Jeremy Allaire, Former US head of Treasury Lawrence Summers advocates for cryptocurrency’s benefits.

US Department of Justice Releases Cryptocurrency Enforcement Framework

US Department of Justice Releases Cryptocurrency Enforcement Framework

The US Department of Justice (DOJ) has released a cryptocurrency enforcement framework, which offers a comprehensive overview of the emerging threats in the crypto space.

Libra Association Appoints Former Homeland Security General Counsel to Head Its Legal Services

Libra Association Appoints Former Homeland Security General Counsel to Head Its Legal Services

Libra appoints Stevan Bunnell, former Homeland security department general counsel, as its own general counsel.

United States Department of Defense Tests Out Blockchain Technology to Enhance Cybersecurity

United States Department of Defense Tests Out Blockchain Technology to Enhance Cybersecurity

The United States Department of Defense (DoD) is considering implementing blockchain technology to enhance its cybersecurity.

US Justice Department Charges John McAfee with Cryptocurrency Fraud

US Justice Department Charges John McAfee with Cryptocurrency Fraud

Antivirus software entrepreneur John McAfee has been charged with fraud and crypto pump and dump scheme offenses by the US Department of Justice, which alleges that he and his accomplices participated in a scheme that earned them more than $16.9 million by fraudulently promoting altcoins to unwitting investors.

Former Fed Chair Janet Yellen Confirmed in Senate as new US Treasury Secretary

Former Fed Chair Janet Yellen Confirmed in Senate as new US Treasury Secretary

After being nominated by President Joe Biden, the United States Senate has now confirmed former Federal Reserve Chair Janet Yellen to serve as Treasury Security.

Mode: The First UK-Listed Institution to Purchase Bitcoin as Part of its Treasury Investment Strategy

Mode: The First UK-Listed Institution to Purchase Bitcoin as Part of its Treasury Investment Strategy

Mode has recently become the first UK publicly-traded company to purchase a significant amount of Bitcoin as part of its treasury investment strategy.

PwC Expert's Take: What Are the 3 Grey Areas to Crypto Taxation in Hong Kong?

PwC Expert's Take: What Are the 3 Grey Areas to Crypto Taxation in Hong Kong?

The Inland Revenue Department (IRD) of Hong Kong took a step further to provide clarity in taxing digital assets. In the recent press release titled “LCQ20: Regulation of virtual asset investment activities”, James Lau, the Secretary for Financial Services and the Treasury answered the queries raised by the Hon Wu Chi-wai on taxation of virtual assets, tax evasion of virtual asset-related business and latest effort to regulate virtual assets by the Hong Kong Securities and Futures Commission (SFC).

Cardano to Allow the Community to Vote on New Projects, $250,000 Worth of ADA Up for Grabs

Cardano to Allow the Community to Vote on New Projects, $250,000 Worth of ADA Up for Grabs

Cardano's Project Catalyst, which was introduced earlier this year, is a new experimental treasury system that would combine proposal and voting procedures.

US Justice Department Charges Six People for Laundering Drug Cartel Money Using Crypto

US Justice Department Charges Six People for Laundering Drug Cartel Money Using Crypto

The US Eastern District Court of Virginia has charged six people for allegedly involved in laundering millions of dollars for Mexican drug cartels using cryptocurrency.

Circle CEO Tells US Treasury Department to Provide a "Meaningful Safe Harbor" for the Crypto Industry

Circle CEO Tells US Treasury Department to Provide a "Meaningful Safe Harbor" for the Crypto Industry

Circle CEO wants the US Treasury Department to provide improved regulation that can offer a “meaningful safe harbor” for players within the cryptocurrency.

US Treasury Department Warns Regulators of Potential Risks of Digital Assets

US Treasury Department Warns Regulators of Potential Risks of Digital Assets

The Financial Stability Oversight Council (FSOC) of the US Treasury Department has released its annual report with a crucial warning of digital assets disruption.

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