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New US Senate Military Bill Comes With A Crypto Provision, But Is It Good

The US Senate recently passed a $886 billion Military Spending Bill which includes some provisions around the cryptocurrency industry. The 2024 National Defense Authorization Act (NDAA), which approved the defense amount to be spent in 2024, included provisions that seek to address crypto as a particularly vulnerable sector for illegal activities and financing terrorists. New […] дальше »

2023-7-29 21:00


DeFi Platforms And Bitcoin ATMs Face Major KYC Hurdles With New US Bill

A new bill introduced into the US Senate proposes to tighten Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations for decentralized finance (DeFi) services.  The Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act aims to prevent money laundering, stop crypto-facilitated crime and sanctions violations, and ensure that DeFi services meet the same AML and […] дальше »

2023-7-20 00:00


Elizabeth Warren highlights crypto’s role in fentanyl trade; plans to combat with bill

Senator Elizabeth Warren said during a May 31 Senate hearing that she aims to combat cryptocurrency’s role in the illegal fentanyl trade. Fentanyl trade Warren said to the Senate Banking Committee: “Crypto is supposedly banned in China … but more than 90 companies based in China are raking in tens of millions of dollars worth […] The post Elizabeth Warren highlights crypto’s role in fentanyl trade; plans to combat with bill appeared first on CryptoSlate. дальше »

2023-6-1 01:33


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United States Senators Lash Out At Signature’s Executives For Blaming Bank’s Collapse On Crypto After “Reckless” Management

As investigations into Silvergate Banks ramp up, discoveries alongside the blame game from different sources come to light. At a Senate Banking Committee hearing on May 16, Scott Shay, a former executive of Silvergate Bank, gave his statement on the facts leading to the bank’s collapse. дальше »

2023-5-21 19:32


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US Senate Majority Leader pushes for AI regulation: should AltSignals investors worry?

The US Senate Majority Leader Chuck Schumer believes that Congress “must move quickly” to regulate artificial intelligence (AI). The move comes as more companies embrace AI technology with some having already launched AI products and others like trading signals service provider AltSignals already working on AI products. дальше »

2023-5-20 12:56


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Pakistan Announces Ban on Cryptocurrency Services and Firm Stance Against Legalizing Crypto Trading

Aisha Ghaus Pasha, the minister of state for finance and revenue, declared that Pakistan would outlaw cryptocurrency services operating in the country and reaffirmed that the government has no plans to legalize cryptocurrency trading during a meeting of the Senate Standing Committee on Finance and Revenue on May 16. дальше »

2023-5-19 23:06


SVB former CEO ties collapse to rumors, Fed Reserve’s interest rate hike

Silicon Valley Bank former CEO Greg Becker blamed the bank’s failure on an unprecedented bank run following rumors about the bank and the Federal Reserve’s interest rate hikes. In a May 16 testimony before the US Senate Banking Committee, the former bank executive claimed that social media fueled the bank run — adding that no financial […] The post SVB former CEO ties collapse to rumors, Fed Reserve’s interest rate hike appeared first on CryptoSlate. дальше »

2023-5-16 15:00


Texas embraces greener Bitcoin mining with approval of flare gas emission bill

The Texas House and Senate have passed House Bill 591 – paving the way for Bitcoin miners to use flare gas emissions. Good for the environment In a message from the Texas Blockchain Council, posted by the Documenting Bitcoin Twitter, it was explained that the bill “clarifies” the sale of flare emissions for use by […] The post Texas embraces greener Bitcoin mining with approval of flare gas emission bill appeared first on CryptoSlate. дальше »

2023-5-12 18:49


Elizabeth Warren calls crypto ‘method of choice’ for sanction evasion

Senator Elizabeth Warren testified before the Senate Armed Services Committee on May 4, where she emphasized crypto’s use in crime and sanctions evasion. Russia, North Korea’s crypto use in 2022 During her testimony, Warren said: “Cryptocurrency is now the method of choice for countries to evade sanctions so that they can fund weapons programs support […] The post Elizabeth Warren calls crypto ‘method of choice’ for sanction evasion appeared first on CryptoSlate. дальше »

2023-5-6 23:14