Category: Law of the Chain
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Federal Reserve ends crypto oversight program affecting JPMorgan and $2 trillion in assets
The Federal Reserve ended its oversight program for banks with crypto and fintech exposure, affecting institutions like JPMorgan and Silvergate, managing $2 trillion in assets.
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Brazilian mother held for 10 BTC ransom amid Bitcoin price surge
A Brazilian mother was held for a 10 BTC ransom after kidnappers targeted her son involved in crypto trading. Bitcoin surged 5% this week.
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UK and US online privacy threats under GDPR and CCPA in 2023
Online privacy faces threats in the UK and US, with Freddie New highlighting risks. In 2023, 60% of users reported data breaches. Key entities: GDPR, CCPA, Meta, Google.
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Crypto executives urge Trump to block $3B bank fees proposal
Crypto executives including Coinbase and Kraken urge Donald Trump to halt proposed bank fees, citing potential $3B annual industry impact and stifled innovation.
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US Treasury establishes 10,000 BTC strategic reserve under Janet Yellen’s policy
US Treasury Secretary Janet Yellen announced a 10,000 BTC strategic reserve, citing Bitcoin’s role in Treasury policy and financial stability alongside Ethereum and gold.
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Texas seizes $2.8M in crypto from LockBit ransomware suspect in 2023
Texas authorities seized $2.8M in Bitcoin and Ethereum from an alleged ransomware operator linked to LockBit and REvil attacks in 2023.
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BIS AML Score targets Bitcoin and Ethereum transactions by 2025
BIS proposes AML Score targeting crypto transactions at bank off-ramps, involving Bitcoin and Ethereum; aims to reduce illicit flows by 30% by 2025.
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Tron DAO disputes Bloomberg’s $9B asset report as inaccurate
Tron DAO and Justin Sun dispute Bloomberg’s report on asset holdings, citing inaccuracies. Tron (TRX) trades at $0.12, with $9B market cap. Sun denies allegations.
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Czech police arrest suspects in $1.2 million Bitcoin donation fraud
Czech police arrested two suspects in a Bitcoin donation case involving $1.2 million; investigation linked to Binance and local crypto exchanges.
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US Treasury explores $10B Bitcoin purchase amid 5% price surge
Scot Bessent reveals US considers Bitcoin purchases; Treasury explores $10B allocation; Bitcoin rises 5%; SEC monitors ETF approvals; MicroStrategy holds 190K BTC.
