Friday, September 16, 2022

US DOJ forms the Digital Asset Coordinators Network with 150+ federal prosecutors across the country to target illegal activities involving digital currencies (Dustin Volz/Wall Street Journal)

Dustin Volz / Wall Street Journal:
US DOJ forms the Digital Asset Coordinators Network with 150+ federal prosecutors across the country to target illegal activities involving digital currencies  —  New effort is part of trend toward putting more resources to target illegal activities involving digital currencies



US SEC's crypto guidelines push up costs for lenders, disrupting projects

Banks' cryptocurrency projects have been upended by US Securities and Exchange Commission (SEC) accounting guidance that would make it too capital-intensive for lenders to hold crypto tokens on behalf of clients, according to more than half a dozen people with knowledge of the matter. https://ift.tt/cQZtwyq

Celsius files for permission to sell its stablecoin holdings

Bankrupt crypto lender Celsius Network , filed a request for sale of its stablecoin holdings, in a bid to generate liquidity to fund its operations. https://ift.tt/n8IPRml

Lina Khan-led FTC to stop gig platforms from harming delivery boys

The Lina Khan-led Federal Trade Commission (FTC) in the US has announced a new policy to tame gig economy companies and platforms in order to protect all kinds of delivery partners/online cab drivers from unfair contracts, pay and hours. https://ift.tt/u9OLo3p

Tencent fires entire editorial staff at gaming publication Fanbyte

Chinese conglomerate Tencent has laid off all of the editorial staff at Fanbyte, an online gaming publication owned by it. https://ift.tt/DiayqYh

Apple iPhone 14 comes to Blinkit, promises delivery in minutes in these cities

Apple reseller Unicorn Info solutions has partnered with Zomato-owned quick-commerce platform Blinkit to deliver Apple iPhone 14 series in India. The company is promising to deliver the latest-gneration iPhones in minutes. https://ift.tt/bC9aIuc

A US bill seeks to ban exports of DUV lithography tech to China, whose imports of chipmaking equipment reportedly grew from $10.7B in 2016 to ~$51.1B in 2025 (Jared Perlo/NBC News)

Jared Perlo / NBC News : A US bill seeks to ban exports of DUV lithography tech to China, whose imports of chipmaking equipment reportedl...