US Government
US Commerce Department Publishes GDP Data on Stellar (XLM) Blockchain
The US Department of Commerce has for the first time posted GDP data on the Stellar (XLM) blockchain, marking a significant step in government transparency and blockchain technology adoption.
US Government's $250 Million Bitcoin (BTC) Seizure Now Trackable on Arkham
The US Government has seized 3.94K BTC, valued at $250 million, from narcotics trafficker Banmeet Singh. These assets are now traceable on Arkham's platform.
Former Ethereum Adviser Steven Nerayoff Files $9.6B Lawsuit Against US Government
Steven Nerayoff, an early adviser to the Ethereum network, has filed a lawsuit against the United States government for false charges and mistreatment. The lawsuit, filed under the Federal Tort Claims Act, seeks $9.6 billion in damages for an extortion case. Nerayoff alleges that federal agents were aware of the baseless charges and engaged in harassment and intimidation tactics.
US Government to Auction $130 Million in Silk Road Bitcoin
The US government is auctioning over $130 million in Bitcoin seized from the Silk Road case, involving digital assets linked to criminal activities. This significant move reflects the evolving approach to handling cryptocurrencies in law enforcement.
US Government Removes Cryptocurrency AML Provisions from NDAA
The US government has removed two AML provisions relating to cryptocurrencies from the NDAA, indicating a cautious approach to crypto regulation and raising concerns about future AML measures.
US Judge Supports Government Bid to Quash Binance.US's $1 Billion Deal
A US judge has supported the government's bid to stop Binance.US from buying the assets of bankrupt crypto lender Voyager for $1 billion. The judge said the government had a substantial case on the merits, with delays potentially costing the estate up to $10 million per month. The sale had been approved earlier by a US bankruptcy judge, but objections from the US Attorney have put it on hold.
US Government to Sell Seized Silk Road Bitcoin
The US government plans to liquidate over 41,000 Bitcoin seized in the case against Silk Road creator Ross Ulbricht. The Bitcoin is expected to be sold in four more batches over the course of the year.
Blockchain Association Rejects Court's Securities Ruling on Private Blockchains
A U.S. lawyer called it "absurd" for a court to declare digital assets on centralized databases securities.
The Most Unworkable State Law
An Illinois senator has presented a law that would compel crypto node operators, miners, and validators to reverse transactions if ordered by the court, even though it's impossible.
SEC panel votes in favor of proposal that may make it more difficult
The US Securities Exchange and Commission has proposed new laws that would make it harder for crypto businesses to supply custody solutions. Opponents think this will hurt.