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Hacker Nicholas Truglia’s 18-month prison sentence has been upgraded to 12 years after he failed to pay $20 million in restitution for the victim of a SIM-swap he conducted back in 2018. According to a report by the Inner City…
BTC
Bitcoin
News
South Korea’s startup ministry proposed a new law revision that would allow crypto firms to register as venture companies. This reclassification would grant them tax reductions and other benefits. According to a notice published on July 9, the country’s Ministry…
BTC
Bitcoin
News
California lawmakers recently passed a bill that would allow the state to ‘seize’ cryptocurrency in traders’ exchange accounts that have remained idle for three years. The new law has sparked debate among worried traders. On June 4, the California House…
BTC
Bitcoin
News
Coinbase CEO Brian Armstrong says congress needs to quickly advance its stablecoin and market structure bills amidst the FIT21 momentum, hoping to have both passed before August. In a recent post, the Coinbase CEO called for immediate action from congress…
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South Korea’s People Power Party announced seven major law changes to improve their virtual asset ecosystem. One of them is a plan to launch spot Bitcoin ETF within this year. According to a report by local media Edaily, the People’s…
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A newly introduced New York State Assembly bill aims to allow state agencies to accept cryptocurrency as a form of payment. Assembly Bill A7788, sponsored by Assemblymember Clyde Vanel, proposes that agencies may begin accepting Bitcoin (BTC), Ethereum (ETH), Litecoin…
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A New York assemblyman has filed a bill urging the State Board of Elections to study how blockchain technology could be utilized to protect voters’ data during U.S. elections. According to the official filing from New York State Assembly member…
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Circle’s Head of Global Policy Dante Disparte believes the crypto space needs more regulatory clarity in the form of frameworks like Europe’s MiCA. During a fireside chat session at Paris Blockchain Week with TRM Labs’ Global Head of Policy Ari…
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Crypto ATM providers have received a warning from the Australian Transaction Reports and Analysis Centre that those who don’t fully comply with anti-money laundering rules will face legal action. According to a Mar. 31 press release statement, AUSTRAC’s cryptocurrency task…
BTC
Bitcoin
Follow-up
On Mar. 26, an open letter signed by 34 crypto companies urged the U.S. senators and congressmen to correct the code interpretation by the Department of Justice, where the DOJ suggested that web3 developers like the Tornado Cash team were…
BTC
Bitcoin
News
Constellation Network has introduced Digital Evidence, a tamper-proof compliance solution designed for law enforcement and emergency services. The product builds on Constellation’s six years of work with the U.S. Department of Defense and its Iron SPIDR project, which secured critical…
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On the eve of International Women’s Day, we had a conversation with Marta Belcher, a pioneer in blockchain law. Marta Belcher is a cryptocurrency and civil liberties attorney who is president of the Filecoin Foundation as well as its sister…
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The U.S. Senate has approved Howard Lutnick as the 41st Secretary of Commerce, putting a pro-crypto financier in charge of American trade and economic policy. The Senate confirmed Lutnick with a 51-45 vote conducted on Tuesday, Feb. 18, according to The…
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Former South Korean lawmaker known for the Coin Gate scandal, Kim Nam-guk, has been declared ‘not guilty’ of all charges by court. According to a report from local media News1, a Seoul Southern District Court judge found Kim “not guilty”…
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President Donald Trump’s White House AI and Crypto Czar will hold a press conference with key Republican policymakers to share Washington’s digital asset regulatory plans. Scheduled for Tuesday, Feb. 4, crypto czar David Sacks will spearhead a media day focused…
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Marc Andreessen has called himself the "unpaid intern" of the DOGE in a podcast. At the same time, ai16z has confirmed plans of merging Eliza version two with the main.
AI16Z
ai16z
