Legal
U.S. Lawmakers Unveil Bill To Ban TikTok In The U.S.

U.S. Lawmakers Unveil Bill To Ban TikTok In The U.S.

A new bill from a bipartisan group of lawmakers, if passed, would ban TikTok in the U.S. after years of broad concern across the Trump and Biden administrations about potential Chinese government influence on the company, CNBC reported. TikTok, owned…

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JenThorpe
Legal

New York Governor Signs Partial Cryptocurrency Mining Ban

New York will instate a two-year moratorium on new fossil fuel-powered cryptocurrency mining operations as the state works to balance its economic development and climate goals, Politico reported. According to Politico, Governor Kathy Hochul on Tuesday signed the controversial measure…

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Legal

Court Upholds Texas Social-Media Law On Web Censorship

A federal court upheld the validity of a Texas social media law that companies like Meta Platforms Inc. and Twitter Inc. say will prevent them from blocking hate speech and extremism, Bloomberg reported. The 5th Circuit Court of Appeals in…

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JenThorpe
Legal

U.S. Justice Department Announced Digital Asset Coordinator Network

The U.S. Department of Justice announced significant actions regarding digital assets, including the public release of its report, pursuant to the President’s March 9 Executive Order on Ensuring Responsible Development of Digital Assets, on The Role of Law Enforcement in…

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Legal
FDIC Sent Cease and Desist Letters to Crypto Companies

FDIC Sent Cease and Desist Letters to Crypto Companies

The Federal Deposit Insurance Corporation (FDIC) issued letters demanding five companies and their officers, directors, and employees cease and desist from making false and misleading statements about FDIC deposit insurance and take immediate corrective action to address these false or…

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JenThorpe
Legal

Dutch Detain Suspected Developer Of Crypto Mixer Tornado Cash

Dutch Authorities said they had arrested a 29-year-old man believed to be a developer for the crypto mixing service Tornado Cash, which the United States put on its sanctions list recently, Reuters reported. According to Reuters, the U.S. sanctions followed…

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Legal

ProtonMail Wins Appeal Over Surveillance Rules

Geneva-based Proton AG, the company behind ProtonMail and ProtonVPN, has won an appeal regarding its treatment under Swiss law governing telecommunications surveillance, a Swiss Court said Friday, Reuters reported. On Friday, the Swiss Federal Administrative Court upheld Proton’s appeal against…

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