Kraken Files Motion to Dismiss SEC Lawsuit, Calls for Congressional Action on Crypto Regulations

by Александр Пирогов | Feb 23, 2024 | Blog News

Crypto exchange Kraken has taken a bold stance against the U.S. Securities and Exchange Commission (SEC) by filing a motion to dismiss the lawsuit accusing it of operating as an unregistered exchange and mishandling customer assets. In its blog post on February 22,...

Adam Back Reveals Undisclosed Emails, Adding Intrigue to COPA vs. Craig Wright Trial

by Александр Пирогов | Feb 23, 2024 | Blog News

In a surprising turn of events, Adam Back has unveiled previously undisclosed emails from the early days of Bitcoin, injecting a new layer of complexity into the ongoing legal battle between the Crypto Open Patent Alliance (COPA) and Craig Wright. The trial, centered...

China Implements Digital Yuan for Car Prepurchase Payments in Shenzhen Pilot

by Александр Пирогов | Feb 23, 2024 | Blog News

China’s central bank digital currency (CBDC), the digital yuan, has been integrated into car prepurchase payment settlements in a pilot test initiated in Shenzhen. Collaborating with the Market Supervision Bureau in Pingsham and the Agricultural Bank of China,...

South Korea’s Gyeonggi Province Implements Innovative System to Combat Crypto Tax Evasion

by Александр Пирогов | Feb 22, 2024 | Blog News

Gyeonggi province in South Korea has unveiled a novel system named the ‘Arbitrator Virtual Asset Tracking Electronic Management System’ to tackle crypto tax evasion effectively. This innovative approach yielded a substantial 6.2 billion won ($4.7 million)...

Digital Currency Group Opposes Settlement Between NYAG and Genesis Global

by Александр Пирогов | Feb 22, 2024 | Blog News

Digital Currency Group (DCG) has voiced its opposition to the settlement arrangement between the New York Attorney General (NYAG) and Genesis Global, a cryptocurrency lender that recently filed for bankruptcy. DCG, the parent company of Genesis, criticized the...

Apple Launches PQ3 Encryption Protocol against Quantum Computing in iMessage

by Александр Пирогов | Feb 22, 2024 | Blog News

Apple has unveiled PQ3, a groundbreaking encryption protocol integrated into iMessage as part of the iOS 17.4 update released on February 21. PQ3 represents a significant advancement in messaging app security, as it incorporates post-quantum cryptography to safeguard...