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The US Treasury has sanctioned cryptocurrency mixer Tornado Cash
Aug 08,2023
On 8 August 2022, the US Treasury's Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash,  an online service that has served as a mixer for the Ether cryptocurrency since 2019. Cryptocurrency mixers are online places where users could...
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Trinidad & Tobago's TSTT rolls out blockchain technology
Aug 08,2023
Telecommunications Services of Trinidad and Tobago's (TSTT) Vice President Supply Chain, Keino Coxshared some insights and expertise gained from deploying blockchain for its home-grown E-Tender solution at CANTO's 34th Annual Conference and Trade Exh...
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Kenya suspends local activities of Worldcoin
Aug 02,2023
The interior ministry of Kenya announced that it had suspended local activities of Worldcoin due to potential public safety concerns. Namely, Interior Minster Kithure Kindiki stated that government agencies are investigating Worldcoin's authenticity ...
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France's privacy watchdog questions legality of Worldcoin's biometric data collection
Jul 31,2023
France's privacy watchdog CNIL (The Commission nationale de l'informatique et des libert
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SEC asked Coinbase to stop trading cryptocurrencies other than bitcoin before lawsuit
Jul 31,2023
The USA Securities and Exchange Commission (SEC) allegedly asked Coinbase to halt trading in all cryptocurrencies except bitcoin prior to filing a lawsuit against the company for not registering as a broker. Coinbase CEO Brian Armstrong revealed that...
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UK data regulator to examine Worldcoin project by OpenAI CEO Sam Altman
Jul 25,2023
The Information Commissioner's Office in the UK has announced that it will be conducting an examination of Worldcoin, a crypto project launched by Sam Altman, the CEO of OpenAI. Worldcoin allows users to provide their iris scans in exchange for a dig...
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Binance to seek dismissal of CFTC complaint
Jul 25,2023
The online cryptocurrency exchange Binance, and its CEO Changpeng Zhao are planning to seek dismissal of a CFTC complaint accusing the crypto exchange of violating the Commodity Exchange Act and certain related federal regulations. The CFTC alleged t...
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Digital identity network Worldcoin created by the OpenAI CEO Sam Altman
Jul 24,2023
Sam Altman, known worlwide as a CEO of the OpenAI company that power a language model GPT, announced today that Worldcoin is launching its rollout. Worldcoin project will have the goal of creating a new digital identity and financial network that is ...
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European Parliament's Panel for the Future of Science and Technology issues study on blockchain and GDPR
Jul 24,2023
The European Parliament's Panel for the Future of Science and Technology (STOA), issued a study on blockchain and the GDPR titled: 'Can distributed ledgers be squared with European data protection law?' The study discusses the EU's application of the...
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UK Government responds to the Treasury Committee's report on regulating cryptoassets
Jul 20,2023
The UK Treasury has responded to the Treasury Committee's report on regulating cryptocurrency industry, stating that while it recognizes the need for robust regulation, it disagrees with the recommendation to regulate retail trading and investment in...
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Financial Stability Board publishes global regulatory framework for crypto assets
Jul 17,2023
The Financial Stability Board (FSB) issued a regulatory framework for crypto-asset that is based on the principle of 'same activity, same risk, same regulation'. The proposed regulatory framework takes into account the lessons learned from the events...
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Hearing on Libra cryptocurrency in front of the U.S. House Committee on Financial Services
Jul 17,2023
On July 17, Facebook's main person for the blockchain development, and the CEO of the Facebook subsidiary Calibra, David Marcus testified in front of the US House Committee on Financial Services. Title of the hearing was: 'Examining Facebook's Propos...
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