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VerifiedX launches Bitcoin privacy layer amid industry push to close institutional privacy gap

Amid the growing push in the Bitcoin space to bring privacy to public blockchains, VerifiedX has launched a new layer designed to protect transactions while maintaining auditability. The system, called Prism, supports crypto balances, masked addresses and selective disclosure, allowing users to trade privately while still demonstrating compliance if needed, according to an email announcement…

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Starmer faces calls to resign as UK government admits ambassador to US failed vetting process

LONDON (AP) — British Prime Minister Keir Starmer faced calls to resign on Thursday after Peter Mandelson was initially denied security clearance to serve as ambassador to the United States and was eventually fired over his close ties to disgraced sex offender Jeffrey Epstein. After the Guardian revealed the matter, the British government said Starmer…

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Starmer faces calls to resign as UK government admits ambassador to US failed vetting process

LONDON (AP) — British Prime Minister Keir Starmer faced calls to resign on Thursday after Peter Mandelson was initially denied security clearance to serve as ambassador to the United States and was eventually fired over his close ties to disgraced sex offender Jeffrey Epstein. After the Guardian revealed the matter, the British government said Starmer…

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FCA releases finalized cryptoasset rules that include several technical traps to watch out for

The UK’s Financial Conduct Authority (FCA) is proposing cryptocurrency rules that could quietly expand the definition of custody, potentially sweeping in platforms and software providers that don’t consider themselves custodians. The FCA published Cryptoasset Boundary Guidance on Wednesday, which includes a number of technical pitfalls for firms handling clients’ cryptoassets. The rules draw a red…

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New York loses nearly $74 million for not revoking 33,000 illegal licenses for immigrant truckers

New York state will lose more than $73.5 million in federal funds after the Transportation Department said Thursday it has refused to revoke nearly 33,000 problematic immigrant commercial driver’s licenses since an audit last year uncovered the problems. The department said more than half of the 200 licenses reviewed during the audit had significant problems,…

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