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The Block
@TheBlockCo
Educating the world on crypto.
- THE BLOCK: Guren “Bobby” Zhou, the businessman behind Aqua 1’s $100 million purchase of World Liberty Financial tokens, was arrested in Britain in 2021 on suspicion of money laundering, The New York Times reported. Zhou has not been charged, and British officials said the
- THE BLOCK: Brazil's central bank will require crypto firms to wait 24 hours after customers fund their accounts before processing some transfers to self-custody wallets or foreign crypto firms. The rule takes effect Jan. 1, 2027, and applies when a single transfer or daily
- THE BLOCK: Bitcoin nodes enforcing the controversial BIP-110 proposal split onto a minority chain Saturday after rejecting a block accepted by the main network. The fork had produced two blocks and fallen seven blocks behind as of 6 p.m. ET. Only 2.53% of blocks signaled support
- THE BLOCK: Majority Leader John Thune filed cloture on the motion to proceed to the Clarity Act, setting up a Sept. 15 Senate vote. The vote will come one day after lawmakers return from recess. Cloture requires 60 votes, with disputes over ethics, illicit finance and Senate
