Seized Crypto Agent Posititon May be Created in US

As reported, U.S. Marshals Service is looking to set up an agent for managing confiscated cryptocurrency
12 March 2019   165

The US Marshals Service (USMS) is considering the feasibility of establishing the position of an agent who will be entrusted with managing confiscated bitcoins and other cryptocurrency. Cointelegraph reported this with reference to public documents published recently.

The documents are part of the Request for Information on the procedural rules for the management and sale of seized cryptocurrency assets.

A key element of the US Department of Justice’s asset confiscation program, of which the USMS is a member, is the position of an agent or contractor who will deal with the management and sale of cryptocurrencies seized or seized. As the agency hopes, this will allow it to improve existing practices for storing such assets.

Thus, in the first document, USMS describes the full range of services for the management and sale of seized cryptocurrency, including general procedures and the responsibility of the contractor. In particular, it will have to ensure the accuracy and security of transactions, including direct exchange of cryptocurrency for US dollars, exchange for more liquid cryptocurrency and return of assets to the owner.

The contract also describes other tasks of the contractor: financial statements, work with clients, supervisory audit, management of blockchain forks, creation of wallets, etc.

In the second quality assurance monitoring document, USMS introduces a contractor performance evaluation system.

As the department notes, the documents are published solely for information and planning purposes and are not a request for tender proposals or a promise to make such a request in the future.

eToro to List TRON

Tron became the 15th asset available at eToro; it can be purchased through various payment systems
25 March 2019   64

The eToro social investment platform, with more than 10 million users, has added support for Tron cryptocurrency (TRX).

The news of this, in particular, was shared by the founder of the TRON Foundation, Justin Sun.

According to him, Tron became the 15th asset available at eToro. The digital asset can be purchased through various payment systems, including Visa, MasterCard, UnionPay, Webmoney, PayPal, Yandex.Money, etc.

The eToro blog says that TRX also supports the CryptoPortfolio service, which allows investors to create diversified portfolios in one click.

In addition to Tron cryptocurrency on eToro, Bitcoin, Ethereum, Bitcoin Cash, XRP, Litecoin, Ethereum Classic, Dash, Stellar, NEO, EOS, Cardano, IOTA, Binance Coin (BNB) and ZCash are available.