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IMF Acknowledges Russian Assets’ Confiscation Might Undermine the World’s Financial System
20.5.2024
The IMF has expressed its concerns about the possible outcome of the confiscation of Russian assets abroad as a consequence of the ongoing military conflict between the nation and Ukraine. Julie Kozack, a spokesperson for the institution, called for these actions to have a proper justification...
US Lawmaker Introduces Bill to Dismantle Fed’s Board of Governors and Abolish the Central Bank
17.5.2024
Following the policymaker’s survey, U.S. Representative Thomas Massie (R-Ky.) announced the introduction of H.R. 8421, known as the “Federal Reserve Board Abolition Act.” This legislation aims to dismantle the Board of Governors of the Federal Reserve and close its branches across...
US Lawmaker Introduces Bill to Dismantle Fed’s Board of Governors and Abolish the Central Bank
17.5.2024
Following the policymaker’s survey, U.S. Representative Thomas Massie (R-Ky.) announced the introduction of H.R. 8421, known as the “Federal Reserve Board Abolition Act.” This legislation aims to dismantle the Board of Governors of the Federal Reserve and close its branches across...
US Senators Propose $32 Billion Investment Plan to Boost AI and Tech Growth
16.5.2024
Four senators from different political parties are calling on Congress to act decisively and boldly on May 15 in order to ensure American leadership in the field of artificial intelligence (AI).
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Sens. Lummis, Wyden oppose Justice Dept. stance on Tornado Cash charges
13.5.2024
If the Justice Dept. prevails in the case against the cryptocurrency mixer, internet service providers and the post office may also be liable to transmitter requirements, they said
US Regulatory Clarity for Crypto: Landmark Legislation FIT21 Act Heads to House Vote
11.5.2024
The House Committee on Rules has decided to review the Financial Innovation and Technology for the 21st Century (FIT21) Act, paving the way for a floor vote later this month. The legislation sets a path for enhanced regulatory clarity in the U.S. crypto ecosystem, balancing robust consumer...
Anti-Crypto Mixer Blockchain Integrity Act Introduced in US House of Representatives
11.5.2024
The Blockchain Integrity Act, a piece of legislation that seeks to put a 2-year moratorium on using cryptocurrency mixers, was introduced by U.S. Congressman Sean Casten on March 7 in the U.S. House of Representatives. Co-sponsored by Reps. Bill Foster, Brad Sherman, and Emanuel Cleaver, the bill...
US House Proposes Bill to Ban Cryptocurrency Mixers for Two Years
9.5.2024
Led by Sean Casten and supported by fellow Democrats, the proposed bill seeks to enact a two-year ban on cryptocurrency mixers. This would mark a significant step towards addressing anonymity concerns and potential misuse in the digital currency realm.
The post US House Proposes Bill to...
Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years
8.5.2024
The bill introduced in the House would impose a fine of up to $100,000 for handling funds from mixers while Treasury writes a report
Digitex Founder Pleads Guilty to Failure in Anti-Money Laundering Program Implementation
8.5.2024
The U.S. Attorney’s Office for the Southern District of Florida said Todd pleaded guilty to “willfully causing” Digitex to violate the Bank Secrecy Act.
The post Digitex Founder Pleads Guilty to Failure in Anti-Money Laundering Program Implementation appeared first on Cryptonews
Trader loses 7-figure sum due to 0L Network hard fork
8.5.2024
“Forking out wallets without community input is theft,” according to the trader, who also claims to be part of 0l Network’s marketing team
Ex-Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act
7.5.2024
U.S. authorities indicted former Digitex CEO Adam Todd in February for failure to implement and maintain an effective Anti-Money Laundering program at the exchange
New South Korean leadership will press for BTC ETF trading
7.5.2024
The Democratic Party of Korea promised to allow Bitcoin exchange-traded funds and it expects to follow through, one way or another
Australian court rules against Qoin issuer BPS Financial on 4 charges
3.5.2024
Qoin still has a class-action suit pending against it in addition to the case brought by regulator ASIC
Crypto Phishing Attacks ‘Rampant’ in South Korea – Report
2.5.2024
Crypto-related phishing attacks have become “rampant” in South Korea, a report has claimed, with a top financial regulator set to act.
The post Crypto Phishing Attacks ‘Rampant’ in South Korea – Report appeared first on Cryptonews
Stablecoin Legislation Unlikely To Be Tacked To FAA Reauthorization, Democratic Aide Reveals
1.5.2024
Proposed stablecoin legislation is unlikely to be tacked onto the must-pass Federal Aviation Administration’s (FAA) reauthorization bill despite earlier reports, a Democratic aide on Capitol Hill said Tuesday. Should stablecoin legislation fail to find a must-pass bill it can merge with,...
Cyber Resilience Act: Konec děravých počítačů, programů a primitivních hesel v EU
30.4.2024
Britové zvýšili laťku, co je možné ve světě kybernetické bezpečnosti • Evropa se na to také chystá a říká tomu Cyber Resilience Act • Programy i hardware budou muset být odolné už od výroby
Bank of Russia Dismisses US Asset Confiscation Effects on Russia’s Economic Stability
30.4.2024
The Bank of Russia has dismissed the effect that a future confiscation of Russian assets in the U.S. might have on the nation’s economic stability. Elvira Nabiullina, governor of the bank, stated that Russia has been diversifying its asset portfolio for many years and that the assets to...
Will A Stablecoin Bill Really Be Passed Before The U.S. Presidential Election? The DGC Policy Officer Cody Carbone Weighs In
25.4.2024
Between Representatives Cynthia Lummis and Kirsten Gillibrand’s new stablecoin bill and Congresswoman Maxine Waters’ renewed optimism in stablecoin legislation, will a new law regulating the cryptocurrencies be enacted anytime soon? The Digital Chamber's Chief Policy Officer, Cody Carbone, weighs...
Banks could flood into stablecoins if new bill passes: S&P Global
25.4.2024
The Lummis-GillibrandPayment Stablecoin Act introduced to the Senate could see big banks encouraged to take steps into the stablecoin market, says S&P Global Ratings