“`html Today, Acting Assistant Attorney General (AAAG) of the Criminal Division of the Department of Justice (DoJ) Matthew Galeotti delivered a presentation at an event organized by the American Innovation Project where he emphasized that the DoJ will no longer pursue legal action against open-source crypto developers who do not intend to engage in illegal activities. AAAG Galeotti initiated his presentation by informing the audience that Deputy Attorney General (DAG) Todd Blanche had requested him to address the audience regarding the DoJ’s commitment to “fair enforcement of the law” in the realm of digital assets. During AAAG Galeotti’s address, he…
Autore: wsjcrypto
The US House included a clause prohibiting the Federal Reserve from introducing a central bank digital currency (CBDC) within an extensive 1,300-page legislation that outlines the nation’s defense strategy for the 2026 fiscal year.An amendment to HR 3838, which is the House’s rendition of the National Defense Authorization Act, was released on Thursday by the House Rules Committee to encompass comprehensive language that forbids the Federal Reserve from examining or developing digital currency.The House approved a comparable Republican-supported measure, the Anti-CBDC Surveillance State Act, in July with a narrow margin of 219 – 210, which now faces an ambiguous outlook…
“`html Reliable Editorial content, evaluated by prominent industry specialists and experienced editors. Advertisement Disclosure Ripple has committed as a founding member of the Beacon network, a framework designed to identify and prevent crypto theft in real-time. This initiative positions a prominent corporation behind a novel, automated approach for tracking misappropriated funds. In short: it aims to apprehend offenders prior to them converting the funds. Beacon Provides Immediate Notifications As per TRM Labs, the Beacon network monitors flagged addresses and traces funds as they transfer from wallet to wallet across various blockchains. The system delivers immediate notifications to exchanges and financial…
STATE OUTLAYS on infrastructure rebounded in June, as expenditures for public works initiatives started again following the election prohibition being lifted in early May, the Department of Budget and Management (DBM) reported. In its most recent disbursement update on Thursday, the DBM disclosed that spending on infrastructure and other capital expenses rose by 6.5% to P148.8 billion in June from P139.7 billion during the same month last year. Month over month, it grew by 20.2% from P123.8 billion. This occurred after May experienced a year-on-year 9.2% reduction. “This was primarily linked to the recovery in the DPWH’s (Department of Public…
Bitcoin is maneuvering through a crucial crossroads after hitting a new all-time peak of $124,500 last week, only to swiftly pull back. Currently, the price is seeking support, with oscillations heightening and traders discussing whether this signals the onset of a more extensive correction or just a healthy consolidation period before a resumption. Some experts remain hopeful, perceiving this pullback as a natural adjustment in an overheated market, while others contend that momentum is waning as bearish indicators surface. Related Reading Adding significance to the conversation, CryptoQuant analyst Axel Adler underscored an important trend in retail involvement. The proportion of…
“`html The London Underground is prepared for a week of turmoil next month as numerous employees stage a walkout in a new conflict regarding remuneration and working conditions. The RMT union confirmed that a series of continuous strikes will commence on September 5, involving signallers, engineers, and service control personnel across various Tube lines. Operators are not taking part in the action, but widespread disruption to services is anticipated. RMT general secretary Eddie Dempsey stated that members were striking due to years of exhaustion, irregular shift patterns, and what they perceive as insufficient pay. “Our members are performing excellently to…
“`html An onchain analysis conducted by the pseudonymous investigator Dethective connected a wallet that acquired the Kanye West-themed token YZY to another group of wallets associated with the LIBRA token, indicating that the same operator reaped tens of millions of dollars via privileged information.Through a sequence of X posts on Thursday, Dethective disclosed that a YZY acquisition wallet was able to purchase $250,000 worth of tokens at merely $0.20, significantly lower than the price most investors paid. Within moments, the wallet amassed over $1 million in gains, which was subsequently redirected to a treasury wallet.The same treasury wallet also obtained…
“`html For years, Washington was viewed as unfriendly territory for the cryptocurrency sector. Regulatory clampdowns, legal actions and policy ambiguity forced numerous developers abroad and left supporters battling uphill struggles on Capitol Hill.However, as Kristin Smith, president of the Solana Policy Institute, articulates in the latest edition of the Clear Crypto Podcast, the situation has shifted significantly.Crypto collaborationSmith, an established policy leader in Washington and former CEO of the Blockchain Association, joined hosts Nathan Jeffay and Gareth Jenkinson to analyze the evolving US regulatory landscape.What was once a disjointed and defensive sector has evolved into one of the most organized…
“`html Greetings to the wilderness — the Bitcoin Jungle. Bitcoin Jungle represents a bitcoin circular economy situated in the Puntarenas province of Uvita, Costa Rica, where upwards of 600 vendors accept bitcoin. It’s also where Francis Pouliot has resided for the last three years. This Canadian expatriate and founder of Bull Bitcoin desires other Bitcoin enthusiast expatriates traveling to the region, and Costa Rica broadly, to experience the sense of belonging he feels in the nation — embraced. For this purpose, he and the Bull Bitcoin team developed a web application that operates within the Bitcoin Jungle wallet, an open-source,…
The expansion of the Philippine economy is anticipated to accelerate in the latter half of the year, largely due to a projected resurgence in government expenditures following the election-related prohibition, Budget Secretary Amenah F. Pangandaman stated. “I remain hopeful. I believe it will reach 6% [in the second half],” Ms. Pangandaman conveyed to journalists during a Department of Budget and Management (DBM) event on Wednesday. This projection hinges on the speed of public spending post the electoral ban on infrastructure projects, she mentioned. The 45-day prohibition commenced on March 28 and concluded with the elections on May 12. “Our first…