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Czech Prime Minister Petr Fiala has denied that his government is downplaying a $47 million bitcoin (BTC) donation from a convicted criminal, as a vote of no confidence session is underway.  Fiala gave a speech in the Czech parliament today, where he described the donation as “an unnecessary problem that could have been prevented.” As reported by České noviny, Fiala claimed, “We are not sweeping anything under the carpet, we are ready to respond to any information that appears or will appear.” A convicted criminal with drug charges against his name donated the BTC to Czechia’s Justice Minister Pavel Blažek, who sold it for millions earlier this year. Blažek then resigned on May 30 before opposition party members called for a vote of no confidence against Fiala. ANALYSIS: Mapping Donald Trump’s growing crypto empire Read more: Who donated 300 BTC to Ross Ulbricht? Today, Fiala admitted that Blažek wasn’t skeptical enough about the ...

The US Federal Trade Commission just changed the career trajectories of millions of crypto job seekers. Yesterday, FTC Chairwoman Lina Khan upended decades of US employment rules and regulations by banning non-compete agreements nationwide. Job seekers rejoice. For the first time in the lives of most working Americans, contracts that ban job-hunting within the same industry are null and void, effective immediately. A stunning 30 million US workers who were subject to non-compete clauses are now free. Commissioners estimate that the rule change will create 8,500 new businesses, including tens if not hundreds of thousands of brand-new jobs. New business openings in the world’s largest economy could grow a sizeable 2.7% as a result. Averaged across the entire US population, every working adult should enjoy an extra $524 per year in additional earnings as a result of the FTC ’s action. Read more: Crypto gaming’s shrinking market cap hasn’t scared off investors FTC bans non-compete...

Ireland ’s second most senior politician received permission on Thursday to serve Google a notice demanding it reveal who paid for Scam crypto ads bearing his likeness. As reported by RTE, lawyers representing Tánaiste Mícheál Martin, a minister of the Fianna Fáil party, were permitted by the High Court to serve Google Ireland and Google LLC the notice.  The notice allows Martin to take Google to court and challenge it to give up the identities of those publishing crypto ad scams using his likeness. Specifically, he wants to know from where the ads originated and the details of the accounts funding them.   The ads displayed a made-up newspaper article with fake quotes from Martin claiming he was backing an automatic crypto trading program that could “ transform anyone into a millionaire within three to four months .” They also claimed that Martin received threats from large corporations after the crypto software made him “tens of thousands” in euros every day. The Fianna Fáil ...

The governor of Florida wants to defend people’s right to “do Bitcoin.” Florida Governor Ron DeSantis officially entered the United States presidential race on May 24.  During a Twitter broadcast hosted by venture capitalist David Sacks, DeSantis pledged to lead a “Great American Comeback,” provoking accusations of plagiarism from ex-President and fellow 2024 presidential candidate Donald Trump. Among topics like U.S. immigration policy and the supposed prevalence of “critical race theory,” DeSantis gave significant attention to cryptocurrency during his hour-long presentation. He promised to protect “the ability to do things like Bitcoin” and fight the “central planners” at Capitol Hill. Ron DeSantis on #Bitcoin: “I’ll protect the ability to do things like bitcoin. I don’t have an itch to control everything that people may be doing in this space.” pic.twitter.com/j4wRHZACK5 — Jane Adams (@iLoveJaneAdams) May 25, 2023 DeSantis’ stance on crypto has been fairly consistent over...