…were swayed after House Speaker Nancy Pelosi committed to pass the bill before Sept. 27. Pelosi stated: “I am committing to pass the bipartisan infrastructure bill by September 27. I…
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Korean Finance Minister vows to fight moves to delay the crypto tax code
…plans to rely on crypto exchanges to report users’ transaction data for the purpose of calculating taxes. To ensure exchanges can securely collect this data, the government has compelled them…
Industry leaders and policymakers weigh in on a potential US gov’t shutdown
…and Commodity Futures Trading Commission, would be running on a skeleton crew. Following a 2019 shutdown, Cointelegraph reported that SEC officials had limited capabilities for enforcement and oversight. “In the…
House votes to nullify SEC’s anti-crypto banking guidance SAB 121
The United States House of Representatives has voted to pass a bill that overturns controversial Securities and Exchange Commission guidance preventing banks from owning crypto. President Joe Biden, however, warned…
SEC custody rule made crypto regulation a ‘political football’ — Rep. Nickel
The United States securities regulator has turned crypto regulation into a “political football,” and its “open hostility” isn’t helping President Joe Biden, says Representative Wiley Nickel. In a May 15…
GXChain is Leading to Explosion in Blockchain-based Trusted Computing Business
…privacy in the age of large data computing. Enhancing trusted computing via blockchains Trusted computing advocates the protection of individuals’ privacy while implementing big data computing to enhance social benefits…
How IoT is reinventing businesses
…here since they don’t have to deal with physical queues but actually basket-abandonment is a huge issue in online commerce. Admittedly, part of this is due to poor website design,…
Craig Wright wins default judgment, Bitcoin.org must remove Bitcoin Whitepaper
…cover Wright’s legal costs. Cøbra responded to the ruling on Twitter: https://twitter.com/CobraBitcoin/status/1409605494629613571?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1409605496080904195%7Ctwgr%5E%7Ctwcon%5Es2_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fcraig-wright-wins-default-judgment-bitcoin-org-must-remove-bitcoin-whitepaper Onter LLP, Wright’s legal representation, celebrated the victory as “an important development in Dr Wright’s quest to obtain…
NEW BLOCKCHAIN-BASED MUSIC STREAMING SERVICE AUDIUS IS A COPYRIGHT NIGHTMARE
…the company cannot remove. Audius is directly competing for SoundCloud’s audience, which may explain its problems. Once SoundCloud was a haven for up-and-coming artists, hosting then-unknowns such as The Chainsmokers…
BNY Mellon Forays into Open Banking
…information securely and electronically with other authorized organizations, such as fintech companies, payment providers, and other banks. As we have covered in PaymentsJournal, open banking evangelists argue that open banking…