CFTC Commissioner Calls for US Crypto Policy Reforms
The CFTC’s Summer Mersinger urged the industry to interact with the incoming US administration and promoted organized crypto laws. Speaking at the North American Blockchain Summit on Nov. 21, CFTC Commissioner Summer Mersinger emphasized the need for standardized U.S. crypto policies to be developed through notice-and-comment regulation. CFTC’s Role in “Regulation by Enforcement” The Commodity Futures […]
US Government Recovers $19.3M After Alleged Hack
A government wallet that was drained of US$20 million on Thursday had most of its assets recovered on Friday. A hacker stole $20 million from a U.S. government wallet on Thursday, though most of the funds were unexpectedly returned on Friday, raising speculation about the incident. The activity, which Twitter flagged as one of the […]
US Government Executes First AAVE Transaction In 8 Months
The US government has increased its focus on crypto transactions, withdrawing $5.4 million in AAVE after eight months. The United States government has sparked a selloff panic for AAVE following the initiation of its first transaction for the token in eight months. The Government transaction comprises $5.4 million, per data insights from Arkham Intelligence. Is […]
Peter Schiff Warns US Govt Might Sell All BTC Holdings
According to Peter Schiff, the US government will sell all of its BTC holdings to prevent Trump from using them as a strategic reserve. Peter Schiff, a Bitcoin critic, has predicted that the United States government, under the leadership of President Joe Biden, will dispose of all of its Bitcoin assets. This prediction results from […]
US and Vietnam Sign Billion-Dollar AI Chip and Tech Partnerships
To advance the artificial intelligence, semiconductor, and cloud computing industries, the U.S. and Vietnam sealed billion-dollar agreements and partnerships. According to remarks made at a joint press conference, the United States and Vietnam signed billion-dollar business agreements and partnerships on September 11 to advance cooperation in artificial intelligence (AI) and other technologies. The move is […]