CIA launches in-house R&D arm, highlights blockchain as research area
September 21, 2020, 11:48AM EDT
1 min read
The U.S. Central Intelligence Agency (CIA) announced a new research and development unit on Monday, dubbed CIA Labs.
The initiative "brings CIA officers together with the private sector and academia to research and develop science and technology solutions in support of CIA’s mission," according to a press statement. "CIA Labs conducts multidisciplinary research, development, testing, and engineering to address new challenges; adapt, improve, or accelerate the production of existing solutions; and solve persistent scientific and technological problems in new ways," the agency explained.
Among the areas of research are "distributed ledger/blockchain-enabled technologies," though the statement does not go into much detail beyond that simple description. It also mentions virtual/augmented reality, robotics and quantum computing, among other areas.
A report from the MIT Technology Review posited that the effort will provide a means for CIA officers to "publicly file patents on the intellectual property they work on—and collect a portion of the the profits."
Delivering on a vision for an interoperable global standard for dollar digital currency, Circle and TRON have partnered to make USD Coin (USDC) available on the TRON blockchain, which has grown to more than 56 million accounts and nearly 2.5 billion transactions since its founding just four years ago. TRON is home to a broad ecosystem for digital assets in Asia and around the world, and the TRON community can now benefit from easy access to the world's fastest-growing, regulated dollar digital currency.
The Canadian Securities Administrators, an umbrella group for securities regulators in the country, alongside a self-regulatory organization for the investment industry, has released new guidance for crypto exchanges on the use of social media as well as advertising and marketing.
LMAX Group robust technology and familiar institutional grade trading infrastructure (currently processing over 2 billion orders per day in the global FX market) is the solid backbone of LMAX Digital, delivering access to deep institutional liquidity, transparent price discovery, a regulated trading environment and a full custodian trading solution.