US Government News
The US government is a system of public administration in the USA that was established with the adoption of the Constitution in 1787. In terms of Bitcoin, the US government shows its interest in blockchain technology and its development. However, the US government’s view on Bitcoin still remains unclear as the regulation of digital currency hasn’t been created yet and now cryptocurrency is considered simply to be a digital asset rather than an official means of payment. The main concern of authorities is not the use of virtual money, but the possibility of avoiding taxes, money laundering and supporting terrorism as the effective, but traditional ways to prevent all of this doesn’t work with cryptocurrencies as well as it does with fiat currencies.
U.S. presidential candidate Vivek Ramaswamy is bringing Bitcoin into the upcoming Republican debate, Kyber Network recovers $4.67 million and the GBTC discount ...
What happened in crypto this weekend?
The crypto advocacy group said OFAC must act within its statutory authority by sanctioning bad actors, not open-source software tools.
Blockchain Association files support in suit to lift Tornado Cash sanctions
The U.S. imposed export restrictions on high-level AI chips to China in October 2022, but Chinese companies are finding new ways to develop the technology.
Chinese AI chip market finds expansion paths despite US export restrictions
According to official data available publicly, the state of Maine currently holds over $328 million in unclaimed property.
Maine state treasurer to focus on handling abandoned cryptocurrency accounts
New blockchain-based apps like Truflation could be a “healthy development,” given that gauging inflation is more art than science.
Can blockchain solutions disrupt US inflation forecasting?
The Justice Department is claiming that it's "critical" for it to have the power to seize cryptocurrency from Americans — even if a judge never signs off.
Expect new IRS crypto surveillance to come with a surge in confiscation
The executive order on AI safety from the Biden administration has laid out its standards for the industry. However, its vagueness has raised concerns among the...
Biden AI executive order ‘certainly challenging’ for open-source AI — Industry insiders