Day: 21 June 2023

Department of Homeland Security Launches Task Force to Combat Dark Web Crimes and Cryptocurrency Offences

Homeland Security Investigations (HSI) Arizona, a division of the U.S. Department of Homeland Security (DHS), has announced the establishment of a new task force called the "Darknet Marketplace and Digital Currency Crimes Task Force." The task force is a collaborative effort between representatives from several federal law enforcement agencies, including ...

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Bank for International Settlements Endorses Tokenization as Future of Monetary Systems, Proposes Unified Ledger for CBDCs and Tokenized Assets

The Bank for International Settlements (BIS), the global monetary authority based in Switzerland, has proposed the development of a universal ledger to accommodate Central Bank Digital Currencies (CBDCs) and tokenized assets.  Despite its skepticism towards cryptocurrencies, the BIS believes that regulated tokenization platforms overseen by central banks will play a ...

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Core Scientific Submits Chapter 11 Bankruptcy Plan, Seeks Consensus for Restructuring

Bankrupt Bitcoin miner Core Scientific has submitted its Chapter 11 bankruptcy plan to the Houston Division of the Southern District of Texas Bankruptcy Court. The filing indicates the company's active pursuit of consensus from key stakeholders regarding the vision for a restructured Core Scientific post-bankruptcy. According to the bankruptcy plan, ...

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