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From Dominance to Compliance

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Time Stamp: December 3, 2023 1:04 PM - Modified On: December 3, 2023 - Published By:
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Republished By Plato

Last Tuesday saw Binance settle its long-running legal disputes with several U.S. government agencies, including the Department of Justice (DoJ), the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and the U.S. Commodity Futures Trading Commission (CFTC). However, they failed to reach an agreement with the Securities and Exchange Commission (SEC) regarding their pending charges. As part of the settlement, Binance has agreed to pay an eye-popping fine of $4.3 billion. Furthermore, Changpeng Zhao (CZ), the CEO of Binance, will step down

Utah County Leads the First Government Adoption of the Blockchain Maturity Model (BMM)

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Time Stamp: November 16, 2023 11:53 AM - Modified On: November 16, 2023 - Published By:
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Utah County is the first government entity in the world to adopt the Blockchain Maturity Model (BMM) to assess their blockchain-based solution and use it to continually improve the reliability and trustworthiness of their blockchain-based government services. From the mid 1800’s Utah County has drawn pioneers to its territory. That indominable spirit of overcoming challenges and finding new paths forward has not waned. When Covid shut down government offices, Utah County had already begun the transition to online platforms. Clerk/Auditor Amelia Gardner, had led the charge into that territory in