US Justice Dept is selling $56M in crypto to compensate victims of BitConnect’s fraud
“This liquidation is the largest single recovery of a cryptocurrency fraud by the United States to date,” said the Justice Department.
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China warns state-owned enterprises to cease involvement in Bitcoin mining
China is considering imposing harsh penalties on state-owned firms that continue mining cryptocurrencies.
Infrastructure bill can still be remedied: DeFi dev-turned Congress candidate
Matt West, DeFi developer by night and a Democratic candidate by day, believes there is still time to remedy the anti-crypto provisions of the U.S. Infrastructure Bill.
President Biden signs infrastructure bill into law, mandating broker reporting requirements
Crypto was absent from every speaker's lips during the signing ceremony, with bipartisanship and jobs seeming to be the theme of the afternoon.
‘Invisible Aether’: World’s largest museum launches NFT art exhibition
After raising $440,000 selling NFTs on Binance, the Hermitage is now curious if NFTs are about the art, or rather just the money.
US Congress plans ‘demystifying crypto’ committee hearing for Nov. 17
Representative Don Beyer — who has previously proposed legislation expanding the regulatory and legal framework for digital assets in the U.S. — will be chairing the hearing.
Russian Duma creates working group to tackle crypto mining regulations
Some regulators feel that a lack of clear laws for the industry is helping crypto miners avoid paying taxes.
Indonesia’s national Islamic council reportedly declares Bitcoin haram
While the MIU is a government-funded organization, its latest decision is not legally binding in Indonesia.
The city of Philadelphia rolls out its own blockchain initiative
City official said they are seeking comments from crypto innovators on how to integrate blockchain within the municipal government.
US officials seize $6.1M in crypto from ransomware actors, adds Chatex to sanctions list
“This will not be the last time — the U.S. government will continue to aggressively pursue the entire ransomware ecosystem and increase our nation's resilience to cyber threats," said Attorney…
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