Stakeholders urge Nigeria to adopt compliance-focused crypto regulation
While the government’s concerns are valid, industry stakeholders agree that a more measured approach could yield better outcomes.
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JP Morgan CIO Lori Beer said at a press conference in Buenos Aires that blockchain will “replace existing technology” in a few years, according to Argentinian website Cripto247 August 23. “We will see a greater and wider use of blockchain [...] In a few years blockchain will replace the existing technology, today it only coexists…
Biden’s comms director barred from former crypto clients: Report
United States President Joe Biden will reportedly ban his communications director from handling matters related to any crypto or technology firms he has previously worked with, while allowing him to advise on crypto regulation.According to an April 22 Bloomberg Law report, the White House communications director Ben LaBolt will be barred from “participating in legal…
SEC charges siblings over $60M Ponzi touting crypto trading bot
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A telecoms firm owned by American cloud communications company Vonage has been awarded a patent for using blockchain technology to secure communications and recordings. The patent was published by the United States Patent and Trademark Office on March 12.NewVoiceMedia, Ltd. — a cloud service company based in Basingstoke, England — has been granted a patent for…
TRX in Trouble? Binance Moves $300M Tether From Tron to Ethereum
On June 29, Tether announced a sizable swap of USDT from the Tron blockchain to the Ethereum protocol. Tether explained that the amount of USDT in circulation would remain the same, meaning that USDT (TRC-20) will be burned and the same number of tokens will be issued on Ethereum.Tether makes use of several blockchains to…
Tether, TON team up with mobile app for USDT-to-fiat transactions
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FTX pencils deal to access $600M in Robinhood shares
FTX debtors will pay Emergent $14 million to cover administrative expenses in exchange for the firm withdrawing any claims to $600 million in Robinhood shares and cash.
DHS Names Blockchain Managers” Among “Critical Infrastructure” Workers
A memorandum published by the United States Department of Homeland Security (DHS) has named “blockchain managers” among the nation’s “essential critical infrastructure” workers.On March 19, the DHS’ Cybersecurity and Infrastructure Security Agency (CISA) published a memo emphasizing the “special responsibility” of workers within a “critical infrastructure industry” to maintain normal working schedules amid the intensifying…