Durov announces disabling personal geolocation on Telegram
Telegram’s “People Nearby” feature has been suspected of being a way for state authorities to locate and track dissidents.
Telegram’s “People Nearby” feature has been suspected of being a way for state authorities to locate and track dissidents.
The Chamber of Progress cited Donald Trump “revers[ing] his previous position on cryptocurrency” and a lack of clarity from Kamala Harris’ campaign.
India’s Financial Intelligence Unit is studying registration requests from four overseas crypto exchanges that were earlier banned for noncompliance with the country’s AML laws.
Crypto VC funding rose 15% from July, with growing investor interest in blockchain infrastructure development.
X has resolved its legal battle with the European Data Protection Commission by agreeing to halt AI data collection practices and erase user data.
“Instead of attacking industries of the future, we will embrace them,” said Donald Trump about the crypto industry in America.
The UK Financial Conduct Authority only accepted four out of 35 crypto business registrations, citing concerns with money laundering compliance.
According to Cointelegraph, Telegram founder Pavel Durov has spoken publicly for the first time since his arrest in France in August. Durov expressed surprise over the arrest, noting that Telegram has a legal representative in France to handle regulatory requests and inquiries. As a French citizen, he mentioned that authorities had multiple ways to contact him without involving law enforcement, highlighting his regular visits to the French Consulate in Dubai.Durov emphasized that Telegram is committed to its mission of free speech and expression. He stated that the company is willing to exit markets that do not align with its principles, asserting that their motivation is not financial but driven by the desire to uphold basic human rights, especially in regions where these rights are under threat.This is an ongoing story, and more details will be provided as they emerge.
According to Odaily, the U.S. Commodity Futures Trading Commission (CFTC) reported on Tuesday that Judge Mary Rowland of the U.S. District Court for the Northern District of Illinois has ordered Oregon resident Sam Ikkurty and several associated entities to pay a total of $209.61 million in penalties. The entities involved include Jafia LLC, Ikkurty Capital LLC, Rose City Income Fund I LP, Rose City Income Fund II, and Seneca Ventures LLC. The court's decision follows the CFTC's findings of fraudulent solicitation and misappropriation of funds, which the CFTC described as a Ponzi scheme disguised as cryptocurrency and carbon investment projects. The judgment requires Sam Ikkurty to pay $83.7 million in restitution to investors, offset by $36.9 million in disgorgement of ill-gotten gains, in addition to a civil monetary penalty of $110.9 million.
According to Odaily, Forvis Mazars Chief Economist George Lagarias expressed his views on the upcoming Federal Reserve meeting during an interview with CNBC on Thursday. Lagarias firmly supports a 25 basis points rate cut, emphasizing that a larger cut of 50 basis points is unnecessary and could send the wrong signals to the market and the economy. He stated, 'I don't see the urgency for a 50 basis points cut. Such a move might convey the wrong message to the market and the economy. As we know, a recession can become a self-fulfilling prophecy, so making such a decision without a compelling reason would be very dangerous. Unless something happens to unsettle the market, there is no need to cause panic.'