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Crypto in your 401(k)? Lawmakers are looking to make it happen
Key Points: Cryptocurrency advocates urge Congress to set national regulatory standards DeFi Education Fund says state laws hinder innovation and create legal uncertainty Senate is currently mulling a crypto market […]
Gov. Hobbs approves cryptocurrency regulation and reserve fund
Key Points: New legislation would help establish a regulatory framework for cryptocurrency One law would establish a cryptocurrency reserve fund Another seeks to regulate cryptocurrency kiosk operators Gov. Katie Hobbs […]
Backpage founder convicted of 1 count of money laundering, jury deadlocks on 84 other counts
Michael Lacey, a founder of the lucrative classified site Backpage.com, was convicted Thursday on a single count of money laundering and acquitted on another. But an Arizona jury deadlocked on 84 other counts against him in a case that alleged he participated in a scheme to sell sex ads, leading the judge to declare a mistrial.
Lawyers argue indicted Backpage employees sought to keep prostitution ads off site
A former executive and two operations managers for classified site Backpage.com worked vigorously to keep the platform free of ads for prostitution even as strategies on how to do so constantly shifted, their attorneys said Tuesday at a federal trial in Phoenix.
Backpage founder faces 2nd trial over what prosecutors say was scheme to sell sex through ad sales
A founder of the lucrative classified site Backpage.com will face his second trial on charges of facilitating prostitution and laundering money in what authorities say was a scheme to knowingly sell ads for sex on the site.
GOP senator wants to let Arizonans pay taxes in bitcoin
Sen. Warren Petersen, R-Gilbert, wants to require the state’s Department of Revenue to accept cryptocurrency as payment for personal income taxes.
