Trump Aide: GM’s Warning on U.S. Tariffs Is ‘Smoke and Mirrors’

An aide to President Donald Trump dismissed as “smoke and mirrors” complaints by General Motors Co. and other American companies about the impact of U.S. tariffs on their operations. White House trade adviser Peter Navarro’s comments followed GM’s stern warning to the Trump administration on Friday that it could shrink U.S. operations and cut jobs … Read more

US Department of Justice Seizes $20 Million in Bitcoin, Arrests 35 in Darknet Bust

The American Department of Justice (DOJ) announced June 26th that its “First Nationwide Undercover Operation Targeting Darknet Vendors” has resulted in the arrest and charge of 35 individuals accused of selling illicit goods in the Internet underworld. The comprehensive, inter-agency dragnet also seized guns, drugs,… Read More The post US Department of Justice Seizes $20 … Read more

Arbitration on a Governed Blockchain: EOS’ Crisis of Dispute Resolution

As EOS finds itself in trouble again, big changes in platform governance might be on the way. Another week, another squabble involving the beleaguered EOS blockchain. The platform that has recently sustained a round of criticism for its lack of decentralization and its underwhelming technical robustness is now going through a governance crisis. The problem … Read more

Hong Kong and Abu Dhabi Business and Monetary Authorities Cooperating on Fintech and Distributed Ledger Technology

The Hong Kong Monetary Authority (HKMA) announced June 26th that it has signed a Fintech agreement with the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), “to enhance collaboration between the two authorities with a view to encouraging and enabling innovation in… Read More The post Hong Kong and Abu Dhabi Business … Read more

The Daily: Swiss Crypto Vault, Huobi Opens in London, Malta Approves Crypto Bills

In Saturday’s Bitcoin in Brief, we cover some of the new expansion plans of leading cryptocurrency trading platforms. Singapore-based Huobi has confirmed its intentions to open an office in London, and US exchange Coinbase is about to do the same in Portland, Oregon. Also, a new crypto vault in Switzerland offers safe storage for cryptocurrencies, … Read more