Argentina and El Salvador Forge Bitcoin Regulatory Alliance

by Александр Пирогов | May 27, 2024 | Blog News

Argentinian regulators have initiated discussions with their counterparts in El Salvador regarding Bitcoin (BTC) adoption, the National Securities Commission of Argentina (CNV) confirmed this weekend. This move could signify a significant shift in Argentina’s...

Ex-CEO of Heartland Tri-State Bank Pleads Guilty to Embezzling $47.1 Million for Crypto Purchases

by Александр Пирогов | May 24, 2024 | Blog News

Kansas-based Heartland Tri-State Bank’s former CEO, Shan Hanes, has pled guilty to embezzling $47.1 million, which he used for personal cryptocurrency purchases. This financial misconduct led to the bank’s collapse in July 2023, resulting in a complete...

Binance Executive Tigran Gambaryan Collapses in Nigerian Court During Money Laundering Trial

by Александр Пирогов | May 24, 2024 | Blog News

Tigran Gambaryan, a Binance executive currently detained in Nigeria, collapsed in the Federal High Court in Abuja during his trial for alleged foreign exchange violations and money laundering offenses brought against him by the Nigerian Economic and Financial Crimes...

Worldcoin Foundation Expresses Disappointment Over Hong Kong Ban

by Александр Пирогов | May 24, 2024 | Blog News

The Worldcoin Foundation has voiced its disappointment with the recent decision by Hong Kong regulatory authorities to ban its operations. The foundation asserts that it operates lawfully and fully complies with data privacy laws, including Hong Kong’s Personal Data...

Elon Musk Raises Concerns Over AI Bias and Political Correctness

by Александр Пирогов | May 24, 2024 | Blog News

Billionaire entrepreneur Elon Musk expressed his concerns about potential bias in current artificial intelligence (AI) protocols during his appearance at Viva Tech Paris 2024. Musk highlighted that his primary worry is the lack of a rigorous pursuit of truth within AI...

U.S. House of Representatives Passes FIT21 Bill Clarifying Crypto Market Regulation

by Александр Пирогов | May 23, 2024 | Blog News

The U.S. House of Representatives has passed the FIT21 bill, which aims to clarify the regulation of crypto markets under the jurisdiction of securities and commodities regulators. The bill passed with 71 Democrats and 208 Republicans in favor, while 136 members voted...