With 6 hours left, Treasury logs almost 6000 comments on crypto monitoring proposal

Despite many objections to the truncated timeframe, public comments are due tonight in response to the U.S. Treasury’s proposal to require businesses like crypto exchanges to know the identities behind wallets with which they transact.  As of Sunday night, the Treasury’s Financial Crimes Enforcement Network, or FinCEN, had recorded 5,633 responses to its proposed rule. That number is despite the […]

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Julian Assange's Extradition to US Blocked Over Mental Health Concerns

Wikileaks founder Julian Assange cannot legally be extradited to the U.S., according to a ruling from the U.K.’s Central Criminal Court on Monday. District Judge Vanessa Baraitser said Assange’s poor mental health rules out sending him to face charges of espionage and the hacking of government computers under section 91(3) of the Extradition Act 2003. Assange is wanted by U.S. […]

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Shenzhen Airdrops $3 Million Worth of Digital Yuan in Third CBDC Test

Popular Chinese city Shenzhen’s government had announced on New Year’s Eve that their plan to distribute $3 million worth of digital yuan to local residents, in China’s third Central Bank Digital Currency (CBDC) tests. The catch is that residents will only be able to spend airdropped digital yuan between January 7-17. China is Primes for the DCEP Release With its […]

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