Law and Order

Senate Confirms Crypto-Friendly Paul Atkins as Gensler’s SEC Successor

Senate Confirms Crypto-Friendly Paul Atkins as Gensler’s SEC Successor

Paul Atkins, President Trump’s pick to lead the SEC, was officially confirmed by a full Senate vote Wednesday evening, with lawmakers mostly voting along party lines.  52 Republicans voted to confirm Atkins, a pro-crypto SEC veteran who has made reforming the agency’s digital assets policy a top priority. 44 Democrats opposed the nomination. Atkins will […]

Senate Confirms Crypto-Friendly Paul Atkins as Gensler’s SEC Successor Read More »

US Lawmakers Clash Over Trump Meme Coin Launch, Crypto Regulation

US Lawmakers Clash Over Trump Meme Coin Launch, Crypto Regulation

Crypto industry advisers were keen to push ahead with legislation at a meeting with lawmakers Wednesday but shied away from one topic: President Donald Trump’s meme coin launch and digital asset ventures.  All agreed that regulating the fast-moving space was necessary but when pressed at a U.S. House Financial Services Committee on Trump’s potential conflicts

US Lawmakers Clash Over Trump Meme Coin Launch, Crypto Regulation Read More »

Crypto Involved in 66% of All Investment Fraud in UK Last Year: City of London Police

Crypto Involved in 66% of All Investment Fraud in UK Last Year: City of London Police

Crypto fraud accounted for 66% of all investment fraud reported in the UK last year, according to City of London Police and national reporting center Action Fraud. This percentage marks an increase of 16% over 2023, with victims collectively losing a total of $830.4 million (£649 million), meaning that crypto fraud cost UK residents some

Crypto Involved in 66% of All Investment Fraud in UK Last Year: City of London Police Read More »

Meta Accused of Assisting China’s AI Ambitions, Whistleblower to Tell Congress

Meta Accused of Assisting China’s AI Ambitions, Whistleblower to Tell Congress

A new testimony is set to raise uncomfortable questions about Meta’s relationship with China and its long-term implications. That’s the explosive allegation from Sarah Wynn-Williams, a former senior Meta executive turned whistleblower, who will testify Wednesday before the Senate Judiciary Subcommittee on Crime and Counterterrorism. In prepared remarks first obtained by NBC News, Wynn-Williams accuses

Meta Accused of Assisting China’s AI Ambitions, Whistleblower to Tell Congress Read More »

New York Bill Proposes Using Blockchain to Safeguard Election Results

New York Bill Proposes Using Blockchain to Safeguard Election Results

Blockchain may soon be part of New York’s strategy to secure the democratic process. That’s the hope of Clyde Vanel (D-33), who filed Assembly Bill A7716 on Tuesday, proposing that the New York State Board of Elections study how blockchain technology could be used to protect voter records and election results. The bill, currently in

New York Bill Proposes Using Blockchain to Safeguard Election Results Read More »

Argentine Congress Approves Probe into Officials Over Libra Scandal

Argentine Congress Approves Probe into Officials Over Libra Scandal

Argentina’s Chamber of Deputies voted Tuesday to approve three draft resolutions that would establish a special commission to investigate the LIBRA crypto scandal, which has plagued President Javier Milei’s administration since February. “The time has come for Congress to audit whether there is any harm to Argentina: we are committed to the truth,” Representative Pablo

Argentine Congress Approves Probe into Officials Over Libra Scandal Read More »

FBI Ran Elon Musk-Themed Crypto Money Laundering Scheme for a Year

FBI Ran Elon Musk-Themed Crypto Money Laundering Scheme for a Year

The FBI secretly funded and directly engaged with drug traffickers and hackers, including members of the notorious Scattered Spider cybercrime group, as part of an undercover crypto money laundering sting, according to new details reported Tuesday by 404 Media, citing court documents. Federal authorities ran the Elon Musk-themed money laundering scheme undercover for nearly a

FBI Ran Elon Musk-Themed Crypto Money Laundering Scheme for a Year Read More »

Nigerian Court Adjourns Binance Tax Case to End of April: Report

Nigerian Court Adjourns Binance Tax Case to End of April: Report

A court in Abuja has adjourned Nigeria’s ongoing tax evasion case against Binance to April 30, according to a report from Reuters. The adjournment follows legal challenges from Binance contesting a February court order that allowed Nigeria’s Federal Inland Revenue Service (FIRS) to serve legal documents via email. The company, which is incorporated in the

Nigerian Court Adjourns Binance Tax Case to End of April: Report Read More »

Crypto Attorney Alleges US Government Knows Bitcoin Creator’s Identity

Crypto Attorney Alleges US Government Knows Bitcoin Creator’s Identity

A crypto attorney believes the U.S. government has the answer to one of technology’s greatest mysteries: the identity of Bitcoin’s pseudonymous creator, Satoshi Nakamoto. On Monday, James Murphy filed a Freedom of Information Act lawsuit against the U.S. Department of Homeland Security, alleging the agency knows who Nakamoto is. In a post on X (formerly

Crypto Attorney Alleges US Government Knows Bitcoin Creator’s Identity Read More »

Hong Kong Regulator Now Lets Regulated Firms Offer Staking Services

Hong Kong Regulator Now Lets Regulated Firms Offer Staking Services

Hong Kong’s Securities and Futures Commission (SFC) published guidance Monday permitting licensed virtual asset trading platforms to offer staking services, following its efforts to establish the city as a hub for crypto and virtual assets in the Asia-Pacific region. The announcement came during SFC Executive Director Christina Choi’s keynote speech at the Hong Kong Web3

Hong Kong Regulator Now Lets Regulated Firms Offer Staking Services Read More »