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US Lawmakers Introduce Bipartisan Anti-Crypto Terror Finance Bill in Senate


Source: AdobeStock A group of bipartisan United States lawmakers have introduced a bill to the Senate aimed at preventing terror organizations and their financial enablers from accessing financial aid in fiat and digital assets in the country. Billed to be cited as The Terrorist Financing...

JPMorgan’s Jamie Dimon Urges Government to Shut Down Bitcoin


Source: a video screenshot During a Senate Banking Committee hearing on Capitol Hill, JPMorgan Chase CEO Jamie Dimon expressed his strong opposition to cryptocurrencies, specifically Bitcoin (BTC).  Dimon’s remarks came in response to questioning from Senator Elizabeth Warren, where...

JPMorgan's Jamie Dimon and Sen. Elizabeth Warren Team Up to Bash Crypto


JPMorgan Chase CEO Jamie Dimon has never been shy about trashing crypto, even while his giant Wall Street bank became a leader in using blockchain technology to move billions. At a U.S. Senate hearing Wednesday, he slammed the industry again, to the delight of Sen. Elizabeth Warren (D-Mass.),...

Brazilian Senate OKs ‘15% Crypto Tax Rate’


Source: karlavidal/Adobe Brazilian senators have voted in favor of a bill that proposes taxing crypto tax profits earned on overseas crypto platforms at a fixed rate of 15%. Per the parliamentary website and a report from Brazil’s Livecoins, lawmakers “seriously amended” the bill to ensure...

Senator Warren Addresses Growing Threat of Crypto Scams on Seniors


Source: Pixabay Senator Elizabeth Warren has highlighted the dangers posed by cryptocurrency scams targeting seniors, receiving support from a cybersecurity expert who endorsed her digital asset legislation as a preventive measure against future scams. In a Senate hearing on November 16, Warren...

Senator Ted Budd Proposes Keep Your Coins Act Following SBF’s Conviction


Senator Ted Budd (R-NC) introduced a bill yesterday that would see crypto users’ assets kept in self-hosted wallets in hopes of mitigating third-party risk.  Self-hosted wallets  The bill, appropriately titled the “Keep Your Coins Act,” was formally introduced by Budd in the Senate on November...

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