Crypto Regulation Framework

The White House Released Information about Crypto Regulation Framework

US President Joe Biden signed an executive order in March on Ensuring Responsible Development of Digital Assets. It directs the US federal government to study the mechanisms related to cryptocurrency. Government officials started research into the cryptocurrency industry 6 months after the executive order. On Friday, the White House published its first-ever considerable framework for […]

Biden Administration rejects Intel’s Plans to enhance Silicon Chip Production

Biden Administration rejects Intel’s Plans to enhance Silicon Chip Production

The US government has rejected the proposing plan of Intel to use a Chinese factory to manufacture silicon chips. Intel had been seeking federal assistance from the United States to increase current production output and additional research within the US. The chip manufacturer also proposed to use a factory based in Chengdu to have something […]

Organizations and Aid Groups urged United States to help Afghan Allies

Organizations and Aid Groups urged United States to help Afghan Allies

A group of international advocacy groups including Amnesty International, Oxfam, Freedom House, and nearly 100 other organizations issued a statement that tens of thousands of Afghans who worked alongside the US during 2 decades of war and reconstruction may be at high risk in Taliban-run Afghanistan. The group forwarded a letter to several senior US […]

White House response over North Korean recent Short-range Missile Test

White House response over North Korean recent Short-range Missile Test

Some reports have indicated that the sister of North Korean President Kim Jong Un threatened the United States and South Korea for holding joint military exercises. Now, North Korea has fired short-range missiles this past weekend. Two senior Biden administration officials also confirmed the missile tests. Point to be noted that North Korea has ignored […]

US Government to Blacklist a large number of Chinese Companies

US Government to Blacklist a large number of Chinese Companies

The US government is preparing to place dozens of Chinese companies on a trade blacklist including Semiconductor Manufacturing International Corp, because of national security concerns. The Commerce Secretary Wilbur Ross said the department will add around 80 companies to the so-called entity list for national defense issues. The firms will join the likes of Huawei […]