Facebook founder Mark Zuckerberg has called on the European Commission (EC) to boost the development and implementation of a framework for the regulation of online platforms to promote Western sets of values and leave the Chinese model behind.
Like any other high-power computing hardware, Proof-of-Work mining rigs turn lots of electricity into lots of heat, which makes this business very sensitive to geographic location. Large mining farms and data centers tend to congregate around the cheapest electricity providers available, preferably somewhere colder.
Russian-born entrepreneur and programmer Pavel Durov, who is most famous for the creation of the encrypted chat app Telegram, has been under scrutiny of the United States financial regulators since 2019. That year, the U.S. Securities and Exchange Commission (SEC) turned its attention to Telegram and its wholly-owned subsidiary, TON Issuer.
TON developers, major PoS validators, and community enthusiasts have announced the launch of Free TON powered by the native token TON Crystal in a declaration.
This March, the so-called EARN IT Act (Eliminating Abusive and Rampant Neglect for Interactive Technologies Act) was filed in U.S. Senate. Aside from the fact that someone really wanted its acronym to spell “earn it,” nothing about the bill is clear so far.
Content is the main product of consumption and the chief breadwinner for Web’s denizens. As user-generated content is steadily rising to the top of the food chain, the new Web will have to provide fair and lucrative platforms for millions of independent content creators to thrive in.
On April 3rd, 2020, class-action suits against four major crypto-exchanges and seven ICO projects were filed. The lawsuits allege that the defendants have violated U.S. securities laws.
The Financial Action Task Force (FATF) issued a report on the level of compliance with its recommendations in the U.S. It turned out, the country isn’t following the crypto-related recommendations exactly to the letter.
In 2018, Telegram raised $1.7 billion through an ICO in exchange for the future delivery of 2.9 billion Gram tokens to 175 investors. While Grams could realistically be sold with a premium on the secondary market, Telegram argued that the agreement was in line with the definition of a private placement of securities that is […]
March 24, the New York Southern District Court has preliminarily halted the transfer of Gram tokens to the primary investors of TON. Thus, the court ruled in favor of the U.S. SEC and recognized Gram non-registered security.
On March 4th, the Supreme Court of India ruled against the Reserve Bank of India’s decision to ban the country’s banks from dealing with digital currencies. The next day, on March 5th, the South Korean authorities have effectively legalized cryptocurrencies.
The phrase “made in Germany” represents high-quality products all around the world. When it comes to heavy industry and automobiles, Germany is in a leading position, but how is the country positioned with regard to the emerging technology of cryptocurrencies?