United States

cryptocurrency industry

Senator Elizabeth Warren refers to cryptocurrency industry as a “new shadow bank”

Senator Elizabeth Warren of Massachusetts, one of the most outspoken cryptocurrency critics in Congress, has dubbed the cryptocurrency industry the “new shadow bank.” Warren told the New York Times on Sunday that the cryptocurrency industry provides “many of the same services” as shadow banks. But that it still lacks “consumer protections or financial stability that […]

TokenSoft The US Security Token Platform Joins Blockchain Association

TokenSoft The US Security Token Platform Joins Blockchain Association

Security tokens platform TokenSoft has joined the Blockchain Association (BA), a U.S .- based crypto lobbying organization. In an official announcement on April 27, the token issuance platform based in San Francisco said. That it would enter the D.C. based organization to “educate regulators and elected officials on the advantages of utilizing blockchain technology and […]

Opera Browser enables Apple Pay and Debit Card Crypto Purchases in US

Opera Browser Enables Apple Pay & Debit Card Crypto Purchases in US

Opera’s mobile and desktop browsers are expanding cryptocurrency purchases to U.S. users, as the Norwegian company looks to continue building its Web 3.0 credentials. Through a partnership with Wyre, a U.S. licensed money transmitter in the cryptocurrency sector, Opera will enable U.S. based customers to buy Bitcoin and Ether directly from the browser’s crypto wallet. […]

cryptocurrency act of 2020

US Congressman Introduces Cryptocurrency Act of 2020

A United States congressman is the latest working to clarify and determine which U.S. regulator is responsible for which digital assets. On March 9, Representative Paul Gosar (R-AZ) introduced the “Cryptocurrency Act of 2020”, a bill that looks to choreograph a wide range of digital assets to answer to the appropriate regulator. The proposed regulatory […]

Verizon use blockchain technology

Verizon Boosts Security Portfolio with Blockchain Technology

Verizon Business has announced the inclusion of new security services, including two new administration and identity access systems using blockchain technology. These are Verizon Identity (VID) and Verizon Machine State Integrity, which are modeled with a blockchain environment, according to the US technology firm on 5th March. In the case of VID, identity information is […]


BitGo Launches Its First Institutional Crypto Lending Service

As the cryptocurrency lending industry continues to grow, another major crypto company is getting into the business. BitGo, a crypto firm that claims to handle over 20% of all Bitcoin transactions, is launching an institutional-level crypto lending service. The debut of BitGo’s lending feature comes after a several-month-long private beta test. A service similar to […]

US Department of Treasury meets with crypto leaders to discuss industry challenges

US Treasury Meets with Crypto Leaders to Discuss Industry Challenges

The United States Department of the Treasury met with prominent figures from the cryptocurrency space to discuss regulatory challenges. The Treasury announced on 2nd March 2020 that it along with industry thought crypto leaders and compliance experts discussed the supervision of crypto assets. Secretary of the Treasure Steven Mnnuchin said that the U.S. welcomes responsible […]

US Court Says $250 million stolen from unnamed crypto exchanges

US Court Says $250 Million Stolen from Unnamed Crypto Exchanges

Crypto exchanges and cryptocurrency companies may constantly be trying to improve their usability and security, but when there’s a weakness for hackers to exploit, they go big or go home. According to court documents released by Seamus Hughes at Program on Extremism, the United States District Court for the District of Columbia already convened a […]

lazarus group

US Govt. Sanctions 2 Chinese Nationals in Connection to Lazarus Group

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Chinese nationals accused of laundering cryptocurrency that was stolen in a 2018 crypto exchange hack. At the same time, the Department of Justice announced an indictment for money laundering against the same two individuals. Their activity is linked to Lazarus Group, […]

Blockchain voting using Voatz

West Virginia Abandons Blockchain Voting in Favour of Paper

On Feb 27, West Virginia decided against using blockchain voting platform Voatz for residents with disabilities and citizens residing abroad to cast their votes in the state’s upcoming primary election. Instead, citizens will vote using a platform offered by Democracy Live. The platform, Democracy Live, allows voters to either fill out a ballot or print […]