The pro-crypto bill is one of many before Congress that aims to promote the country’s deployment and use of blockchain technology. A United States House Committee has unanimously passed a pro-blockchain bill, which would task the U.S. commerce secretary to promote blockchain deployment and thus potentially increase the country’s use of blockchain technology. On Dec....Continue Reading

The institute said it adopted a lightweight and efficient blockchain not intended to be computationally wasteful, where trading can be facilitated at little to no cost. An Abu Dhabi government-affiliated research center has announced the launch of a new blockchain-powered carbon tracking and trading platform, amid efforts from the United Arab Emirates government to lower...Continue Reading

Lawyers for Terraform Labs co-founder Do Kwon have mounted a final attempt to appeal his extradition from Montenegro. Terraform Labs co-founder Do Kwon has launched his final attempt to appeal a Montenegrin court’s decision that could see him extradited from the country.  In a Dec. 6 report, local state media stated that lawyers for Kwon...Continue Reading

From Thailand to the Eastern Caribbean, the CBDC experience has been one of government waste. So why do financial authorities keep pushing them? Despite the risks and the failures associated with central bank digital currencies (CBDCs), global policymakers are pushing forward to make them a reality.  In November alone, officials from the International Monetary Fund...Continue Reading

This court “hereby accepts the guilty plea of the defendant to the charge […] and the defendant is adjudged guilty of such offense,” wrote Judge Richard Jones. A federal judge accepted Binance founder Changpang “CZ” Zhao’s guilty plea to money laundering, but hasn’t decided if he can leave the United States before his February sentencing...Continue Reading