Larry Dean Harmon, the Helix and Coin Ninja crypto-tumbling chief who in February was arrested for allegedly mixing bitcoin for criminals must pay $60 million in civil penalties, prosecutors at the Financial Crimes Enforcement Network (FinCEN) demanded Monday. Source link
Landmark
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The Bahamas confirmed it will cross the central bank digital currency (CBDC) finish line next month. “The intended outcome of Project Sand Dollar is that all residents in The Bahamas would have use of a central bank digital currency, on a modernized technology platform, with an experience and convenience—legally and otherwise—that resembles cash,” the central bank said. Source link
A court filing alleges federal government suppression of an OFR review led to crypto businesses being defined as money transmitters. Source link
The Freightliner eCascadia and the eM2 are two of the first electric semi-trucks to hit the highways for test driving Courtesy of Daimler Trucks North America hide caption toggle caption Courtesy of Daimler Trucks North America The Freightliner eCascadia and the eM2 are two of the first electric semi-trucks to hit the highways for test driving Courtesy of Daimler Trucks North America In another first-in-the-nation move to tackle climate change, California will require automakers to sell more electric trucks starting in 2024. The measure, approved unanimously Thursday by the California Air Resources Board, says that by 2045 all new trucks sold […]
New York’s BitLicense debuted in 2015 to mixed reviews. Many found the regulation to be too cumbersome and felt that crypto startups were being subjected to more onerous regulations than regular financial institutions. Others defended it on the grounds that it was necessary to protect consumers and help the crypto industry mature. In action, the BitLicense was quick to change the landscape of New York’s crypto world. While the NYDFS received 22 applications in its first round, 15 companies also ceased operations in the state after the regulation was implemented. Five years later, only 25 entities carry the NYDFS stamp of […]
On Tuesday, Melissa Zarda was dealing with two things at home in Kansas City, Missouri: the loud barking and mischief of her new foster puppy Winnie, a cattle dog/pitbull mix, while—above the din—relishing the hard-fought, historic victory she had just won in the Supreme Court in the memory of her beloved, deceased brother Donald. His was one of three cases featuring LGBTQ people fired for their sexual orientation or gender identity that SCOTUS yesterday ruled, 6-3, were illegal under the sex discrimination provisions of Title VII of the 1964 Civil Rights Act. The ruling—embracing the cases of gay men Zarda and […]
Russia’s Supreme Court for the first time used a blockchain-based system to record votes in a plenary session on Friday. According to a press release, judges used the Polys app from Kaspersky Lab to record the results of voting on six issues before the court. The session was the latest to take place as a web video conference as part of Russia’s anti-coronavirus measures. “This voting system is based on a blockchain and is using transparent encryption,” the press release says, adding that the system received a “high appraisal” from the judges of the Supreme Court in the “landmark” vote. The […]
All Aimee Stephens wanted to do was the job that she loved. “We’re human beings,” Stephens told this reporter just before her landmark LGBTQ case was heard at the Supreme Court last October. “We deserve the same basic human rights as everyone else has. That’s all we’re asking for. We are not asking for anything special. We just want the basic human rights that we should already have anyway.” Stephens, whose case alleging she was fired for being transgender went all the way to the Supreme Court, died on Tuesday in Metro Detroit, aged 59. Hers was the first case about […]
It is unknown if the Supreme Court will finally issue a ruling on Thursday about whether it is legal to fire LGBTQ people on the basis of their sexual orientation or gender identity. It is also unknown if Aimee Stephens will be alive to hear their decision. Stephens, 59, is presently receiving end-of-life hospice care at home in Michigan, her wife Donna at her side. Stephens’ is one of three cases before the court, bought on behalf a trio of LGBTQ people—Stephens, the family of Donald Zarda, and Gerald Bostock—who claim they were fired because of their gender identity or sexual […]