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In a juicy little chunk of news from the Redditsphere, a user claiming to be a former IRS employee has called the agency’s new crypto compliance letters “broad and very error-prone fishing expeditions.” The throwaway account details the “really bad data” used by the agency, saying they’re operating mostly from guesswork, casting broad nets and … Read more
The U.S. Department of Defense has put blockchain on its four-year roadmap for cybersecurity improvements Go to Source Powered by WPeMatico
The chief of the SEC Division of Enforcement’s Cyber Unit has resigned, after around two years of leading investigations involving crypto and cyber security Go to Source Powered by WPeMatico
The CEO of Circle will argue for pro-innovation blockchain policies before a U.S. Senate committee tomorrow Go to Source Powered by WPeMatico
Since the Indian government unveiled a draft bill to ban cryptocurrency, the crypto community has ramped up its efforts to influence the government’s final decision. The community has plans to reach out to parliament members to show them how flawed the crypto recommendations the government is examining are. Also read: G20 Leaders Issue Declaration on … Read more
On July 23, U.S. Attorney General William Barr gave a speech demanding big players in the tech industry work with government agencies in providing backdoor entry points for encrypted devices and software. Per his reasoning, certain devices and messaging services pose a safety threat by providing a secure, third-party-inaccessible area where crime can rapidly proliferate. … Read more
U.S. lawmakers appear to be moving forward with Blockchain Promotion Act passing in both houses of Congress, with a working group established Go to Source Powered by WPeMatico
After facing two arrests in one week, John McAfee wants to run for U.S. President and British Prime Minister simultaneously Go to Source Powered by WPeMatico
The Internal Revenue Service is sending letters to crypto investors to apparently scare them into accurately reporting their crypto-related income Go to Source Powered by WPeMatico
The CEO of the Nigeria Deposit Insurance Corporation says citizens take a high risk by relying on crypto, since there is little regulation Go to Source Powered by WPeMatico