Trump Signs TikTok Executive Order and Seeks to Clean the Free World's Networks of China State Tech Espionage
United States President Trump has issued two executive orders against Chinese social media apps TikTok and WeChat, which are suspected of sharing US citizens’ data with the Chinese Communist Party.
Trump Administration Wants Clean 5G Networks Free of China State Actors
Mike Pompeo, Secretary of State for the Trump administration has announced the expansion of the Clean Network program, outlining five new lines of defense to protect America’s critical telecommunications and technology infrastructure from untrusted Chinese state-owned enterprises like Huawei and ZTE.
Columbia Man Pleads Guilty to Bitcoin Dark Web Chemical Weapon Purchase
A 45-year-old man from Columbia, Missouri pled guilty yesterday in a US federal court to one count of aggravated identity theft and one count of attempting to acquire a chemical weapon—via the dark web using Bitcoin.
Members of Congress Ask IRS for Relaxed Approach to Crypto Staking Taxes
Innovation friendly members of United States Congress have written to the IRS request a level-headed approach to tax on cryptocurrency staking rewards.
Can a Microsoft Takeover of TikTok Ease Trump’s Concerns? App Ban could See Bitcoin Price Boom
Microsoft is in talks to acquire TikTok from China’s ByteDance Ltd, promising to address privacy concerns that have President Trump calling for the social video apps ban. But could a TikTok ban be good for Bitcoin?
American Teen Arrested and Accused as Ringleader of Twitter Scam Involving Bitcoin
Graham Ivan Clark, a 17-year-old from Tampa, Florida, has been arrested and accused of being the mastermind behind the Twitter hack that reaped at least $100,000 in Bitcoin from victims in a matter of hours.
Goldman Sachs Warns Inflation Threatens US Dollar’s Role as Global Reserve Currency
Goldman Sachs strategists say risks to the U.S dollar’s reserve status include increasing pandemic and political uncertainty and rising debt.
US Federal Court Defines Bitcoin As Money
A US Federal court has classified Bitcoin as a “money” under the Washington, D.C, Money Transmitters Act (MTA).
California Man Pleads Guilty to Running Illegal Bitcoin ATMs and Money Laundering
Kais Mohammad has agreed to plead guilty to federal charges of operating an illegal Bitcoin ATM business that laundered over $25 million.
US Federal Regulator Says Banks Can Offer Cryptocurrency Custody Services to Customers
The US Office of the Comptroller of the Currency (OCC) has announced that states and national banks and federal savings associations can provide crypto custody services to customers.