IMF-El Salvador Deal Bitcoin Compliance Goals Broken: Chivo Wallet Involved
The latest report issued by the IMF on the compliance of El Salvador’s actions with the guidelines established in the $1.4 billion credit facility deal approved in February revealed that Chivo Wallet led the nation to miss the bitcoin non-accumulation quotas. Bitcoin Non-Accumulation Compliance Goals Missed: IMF Fingers Chivo Wallet El Salvador is facing one […] Powered by...
Pirate Site Blockades Get Judicial Scrutiny in Germany, But No Transparency?
In 2021, German Internet providers agreed to voluntarily block the most egregious pirate sites. The ISPs teamed up with rightsholders groups and launched the “Clearing Body for Copyright on the Internet” (CUII), which was in charge of handing down blocking ‘decisions’. Notably, the CUII did not rely on court judgments. Instead, the private organization issued their own recommendations after an internal review process, which assess...
Trezor Co-Founder Launches Glok to Enhance Security for Bitcoin Users Against Rising Threats Such as Kidnappings
Alena Vranova, previously co-founder of Trezor, has announced the launch of GLOK, a new security service aimed at protecting bitcoin users amid rising threats such as kidnappings and ransomware attacks. GLOK offers a private geolocation app that allows users to send distress alerts to a predefined list of contacts while prioritizing user privacy and data […] Powered by...
DEA Seizes $10 Million in Cryptocurrency Linked to the Sinaloa Cartel
The DEA completed this cryptocurrency seizure and other drug-related actions as part of Operation Take Back America, resulting in the forfeiture of thousands of pounds of fentanyl, cocaine, and methamphetamines. The Sinaloa Cartel has been designated a Foreign Terrorist Organization by the U.S. government. DEA Confiscated $10 Million in Cryptocurrency From the Sinaloa Cartel As […] Powered by...
China Merchants Bank Arm Wins Crypto Licence in Hong Kong
China Merchants Bank’s CMB International Securities has reportedly become the first mainland China-affiliated brokerage to secure a virtual asset licence from Hong Kong’s Securities and Futures Commission. This approval enables CMBI to legally offer cryptocurrency trading, custodial support, and digital asset advisory services within Hong Kong’s tightly regulated framework. Authorities reaffirmed their commitment to becoming […]...
