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Sen. Cynthia Lummis to Reveal Next Steps for Bitcoin Reserve Act
8.11.2024
In the aftermath of the U.S. presidential election, Wyoming Senator Cynthia Lummis is set to delve deeper into…
Trump’s Crypto Aide: U.S. Should Act Quickly to Incorporate a Strategic Bitcoin Reserve
8.11.2024
With Trump’s crypto allegiance and his new status as President-Elect of the U.S., talks of establishing a strategic bitcoin reserve have surged. While this can be achieved in several ways, Trump’s cryptocurrency aide and CEO of BTC.Inc., David Bailey, has suggested expediting this...
Trump's Biggest Boon to Crypto Would Be Passing the Bitcoin Act: CoinShares
7.11.2024
Under such a proposal, bitcoin would be established as a strategic reserve asset and the government could buy up to 5% of the cryptocurrency's total supply, the report said
Australian police’s ‘new powers’ lead to $142.6K crypto seizure
31.10.2024
Victoria Police’s first crypto seizure underscores a new legal framework empowering officers to confiscate digital assets via search warrants
New Privacy Bill Aims to End Government’s Grip on Americans’ Financial Data
24.10.2024
The Saving Privacy Act, aimed at curbing federal surveillance of Americans’ financial data, is gaining momentum. Backers argue the government has overreached, violating privacy rights without effectively targeting criminals. Provisions include repealing key financial reporting laws...
SEC Officially Appeals XRP Ruling — Will the Court Reverse Ripple’s Win?
18.10.2024
The U.S. Securities and Exchange Commission (SEC) has officially appealed the XRP ruling by Judge Analisa Torres, reigniting the legal battle over whether XRP sales on crypto exchanges qualify as securities. The regulator challenges key aspects of the court decision, including rulings that cleared...
TD Bank Makes History as First US Bank to Plead Guilty to Money Laundering Conspiracy
14.10.2024
TD Bank, one of the largest financial institutions in the U.S., has agreed to pay a record $3 billion penalty, the largest ever under the Bank Secrecy Act, after pleading guilty to felony charges. The bank is the largest in U.S. history to plead guilty to Bank Secrecy Act program failures and...
Sen. Hagerty introduces Clarity for Payment Stablecoins Act of 2024
11.10.2024
The new bill is a refinement of Rep. Patrick McHenry’s 2023 bill, which has bipartisan support
SEC settles with trading firm over $4M ‘AI-washing’ scheme
11.10.2024
The SEC alleged that Rimar LLC’s executives overstated the AI capabilites of
New York Regulator Hiring Blockchain Analyst to Tackle Crypto Crimes
7.10.2024
New York’s financial regulator has a job opening for a Virtual Currency Senior Blockchain Analytics Analyst. The permanent position focuses on preventing financial crimes such as money laundering and fraud by ensuring compliance in the growing virtual currency sector. The role involves using...
Court revives 2020 AT&T case over $24M crypto theft via SIM swap
2.10.2024
Cryptocurrency stolen in a SIM swap may lead to a precedent-setting decision on phone company responsibility.
Europe gathers global experts to draft ‘Code of Practice’ for AI
1.10.2024
The EU is bringing together top global experts to draft the first “Code of Practice” for general-purpose AI models, setting new standards for transparency and risk management under its AI Act
CFTC Sues Over $3.6M Digital Asset Fraud Targeting Asian Americans
29.9.2024
The U.S. Commodity Futures Trading Commission (CFTC) has initiated legal action against a fake trading platform and its associates for defrauding investors out of $3.6 million. The scheme, which targeted Asian Americans, involved soliciting funds in fiat and digital assets, with false promises...
Kamala Harris’s Blockchain Comment Sparks Mixed Reactions in Crypto Community
26.9.2024
Vice President Kamala Harris’s remarks on fostering technologies like artificial intelligence (AI) and blockchain have sparked plenty of chatter in the crypto community. While some see her words as encouraging and forward-thinking, others believe Harris is merely pandering and looking to gain...
Upbit to store user data on AWS: What users should know
24.9.2024
Upbit’s privacy policy update involves transferring user data to AWS servers in the US for improved service reliability and compliance with local regulations
Bank of Canada just says no to retail CBDC in reshuffling of priorities
20.9.2024
Regulating and speeding up payments without a CBDC are more important to the Canadian central bank
Bank of Canada just says no to retail CBDC in reshuffling of priorities
20.9.2024
Regulating and speeding up payments without a CBDC are more important to the Canadian central bank
Digital Chamber urges US crypto users to support new NFT bill
17.9.2024
Crypto advocates urged Americans to help the industry flourish without "misapplied" securities regulations.
New Bill Seeks Collaboration Between SEC and CFTC on Digital Assets
15.9.2024
A U.S. congressman has introduced the Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act (BRIDGE Act), aimed at improving collaboration between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on digital asset...
US lawmakers unite against AI abuse, support NO FAKES Act
13.9.2024
A legal professional warns that the bill could lead to private censorship, posing risks to free speech and creators' rights