Cryptocurrency News Today TheBitTimes.com

Google is arguing that the US DOJ’s plan to break up the company would harm the US in the global race with China. Google said in a blog post on Monday that such a breakup is not in the best interest of the country, as the global battle for supremacy in artificial intelligence rapidly intensifies. JUST IN: Google says the DOJ's plan to break up the company would harm the US in the global race with China. — Watcher.Guru (@WatcherGuru) April 21, 2025 The DOJ’s proposal would “hamstring how we develop AI, and have a government-appointed committee regulate the design and development of our products,” Lee-Anne Mulholland, Google’s vice president of regulatory affairs, wrote in the post. “That would hold back American innovation at a critical juncture. We’re in a fiercely competitive global race with China for the next generation of technology leadership, and Google is at the forefront of American companies making scientific and technological breakthr...

Crypto market s received support from news of a possible settlement of the Binance case with the U.S. Department of Justice. Sources familiar with the matter said talks between the U.S. Justice Department and Binance include the possibility that its founder Changpeng Zhao would face criminal charges in the U.S. under an agreement to conclude an investigation into alleged money laundering, bank fraud and sanctions violations. As a result, Binance’s naive token, BNB, rose 8.5% to $266.42 after the Bloomberg report was published on Nov. 20. At the time of writing, the token is being traded at $259, having increased in price by 4.6% over the last 24 hours. However, the exact timing and structure of the proposed resolution, as well as the specific charges, were not specified. At the same time, Binance is expected to pay more than $4 billion in potential settlement fees, which would be one of the largest fines in the history of criminal cryptocurrency cases.  “A settlement ...