USA | ForkLog - Part 114

ForkLog 13 15.04.2022

Coin Center deems SEC proposal to change the term ‘exchange’ unconstitutional

The proposed adjustment by the U.S. Securities and Exchange Commission (SEC) to the term 'exchange' in the Securities Exchange Act of 1934 is unconstitutional, Coin Center said.

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ForkLog 8 14.04.2022

Virginia to let state-chartered banks custody cryptocurrencies

Virginia Governor Glenn Youngkin signed a bill that allows state-chartered banks to provide custody services for virtual currencies. The Block reports.

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ForkLog 19 14.04.2022

US military requests $29.8 million for AI infrastructure development

Northcom has asked Congress for an additional $29.8 million to purchase equipment and optimize infrastructure for artificial intelligence and machine learning.

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ForkLog 16 14.04.2022

Circle to seek US crypto-bank license in the near future

The issuer of the USD Coin (USDC) stablecoin, Circle, is preparing to file for a cryptocurrency bank license in the United States. This was stated by Circle's chief executive Jeremy Allaire.

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ForkLog 17 08.04.2022

OCC chief backs tighter regulation of stablecoin issuers

Issuers of “stablecoins” should be treated as depository institutions with mandatory deposit insurance. This view was expressed by the head of the OCC in the U.S. Treasury, Michael Hsu.

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ForkLog 8 08.04.2022

Kraken closes San Francisco office amid rising crime

The cryptocurrency exchange Kraken has closed its San Francisco headquarters amid a rising crime wave. A screenshot of the CEO Jesse Powell's statement was published by political commentator Richie Greenberg.

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ForkLog 8 08.04.2022

Michael Saylor and Cathie Wood Assess Bitcoin Regulation Risks

US authorities have shifted their stance on cryptocurrencies, and forthcoming regulatory steps do not raise concerns. MicroStrategy CEO Michael Saylor and Ark Invest CEO Cathie Wood said this at the Bitcoin 2022 conference, The Block reports.

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ForkLog 22 08.04.2022

FBI foiled plan to create Russian botnet on thousands of devices

U.S. FBI personnel repelled an attack by Russian hackers on thousands of routers and firewalls that were to be networked into a botnet to flood third-party servers with fraudulent traffic.

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ForkLog 27 08.04.2022

The Paper Dragon: Can the digital yuan become the world’s leading reserve currency

Against the backdrop of dollar inflation and sanctions against Russia, experts are discussing more actively possible changes to the global monetary system. ForkLog has analysed how justified the talk of the 'death' of the dollar is and whether the Chinese yuan, specifically its digital version, could take the place of the main reserve currency.

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ForkLog 39 07.04.2022

Miami installs a crypto analogue of Wall Street’s Charging Bull

At the Bitcoin 2022 conference in Miami, mayor Francis Suarez unveiled a statue dubbed the “cryptobull.” He said the installation symbolises the city’s transformation into a “world capital of the crypto industry.”

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ForkLog 35 06.04.2022

U.S. charges one Hydra administrator

The United States District Court for the Northern District of California has filed an indictment against one of Hydra's administrators.

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ForkLog 7 06.04.2022

Federal Tax Service and Interior Ministry Agree to Fight Shadow Currency Exchange

The Federal Tax Service of Russia (FTS) has tasked territorial authorities, in cooperation with the police, with identifying violations related to the purchase and sale of foreign currency outside banks.

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