Louisiana has become the latest US state to support cryptocurrency mining, as more regions in the country are warming up to digital assets. A newly signed bill is expected to protect the rights of crypto mining individuals and businesses, who can continue to operate in the state as long as…
The United States Federal Trade Commission (FTC) has identified a rise in romance scams targeting the crypto community in the US. The FTC has clearly asked people to cut off from online love interests who may be discussing investment ideas, especially related to cryptocurrencies and other digital assets, with them….
For TikTok, the clock has started running in its existential fight to avoid a US ban. Legislation requiring the social media app’s Chinese owners to divest sailed through Congress, capped by Senate passage late Tuesday as part of a larger foreign-aid package. President Joe Biden signed into law Wednesday, beginning…
The US, where estimates suggest 40 percent of adults currently hold crypto assets, is expecting to see a rise in tax evasion cases. The US’ Internal Revenue Service (IRS) is already gearing up to handle these cases. The information was disclosed by Guy Ficco, the chief investigating officer of the…
In a rather pro-crypto move, Hong Kong has greenlit the trading of Bitcoin and Ether Spot Exchange-Traded Funds (ETFs). With this move, traders in Hong Kong will get the chance to invest in Bitcoin and Ether via traditional stock markets. This eliminates the need for traders to enter the ecosystems…
The United States and Britain on Monday announced a new partnership on the science of artificial intelligence safety, amid growing concerns about upcoming next-generation versions. Commerce Secretary Gina Raimondo and British Technology Secretary Michelle Donelan signed a memorandum of understanding in Washington to jointly develop advanced AI model testing, following…
The Bar Association of New York City has noticed that certain policy reforms are required to maintain the city’s position as a lucrative hub for crypto and Web3 activities. At present, even though the US has not deployed concrete rules to govern crypto, several major companies are experimenting with digital…
Kraken, the crypto trading platform based in the US, has found itself under legal scanner in the US. The Securities and Exchange Commission (SEC) of the US has sued Kraken for operating its business without having registered it officially. The next few days could be tumultuous for the international crypto…
Bitcoin holdings in the US Treasury has risen exponentially in recent years, making the US government reportedly the largest BTC reserves in the world. Owing to three big seizures from criminal cases, the US Treasury is estimated to be in possession of at least 194,188 BTC tokens. Presently, with Bitcoin…
Five Chinese tech firms, including Baidu and SenseTime Group, on Thursday launched their artificial intelligence (AI) chatbots to the public after receiving government approval, as China’s government pushes to widen the use of such products amid competition with the United States. Baidu, China’s leading online search provider, said in a statement…
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