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Coinbase Bolsters Global Advisory Council, Adds 4 National Security Advisors
7.11.2023
Source: Pixabay Coinbase will add four national security experts to its Global Advisory Council, it announced on Tuesday. In a press release, the crypto exchange platform revealed that Mark T. Esper, Stephanie Murphy (D-FL), Frances Townsend and David Urban would join its Council, which...
Coinbase Adds Four National Security Experts to its Global Advisory Council
7.11.2023
Coinbase has added four national security experts, including former U.S. Secretary of Defence Dr. Mark T. Esper, to its Global Advisory Council
FinCEN Targets Crypto Mixers Over Laundering and National Security Concerns
20.10.2023
The U.S. Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, this week proposed regulations aimed at increasing transparency around crypto mixing services. These services, the agency says, are used by terrorist organizations and state actors to obscure financial...
Chinese Bitcoin Mines in the US Attract National Security Attention
14.10.2023
Bitcoin mining operations in the United States, owned by Chinese entities, are currently under investigation for potential issues that could threaten national security, according to the New York Times (NYT).
The scrutiny began last year when a Chinese company began constructing a cryptocurrency...
US authorities monitor China-linked Bitcoin miners amid national security concerns: Report
13.10.2023
A crypto mining operation near a Microsoft facility that supported the Pentagon was reportedly under scrutiny by U.S. officials
Did the NSA Invent Bitcoin? A 1996 Research Paper Reignites the Debate
22.9.2023
A recent buzz within crypto circles revolves around a 1996 research paper from the U.S. National Security Agency (NSA). There’s burgeoning speculation: did the NSA lay the groundwork for Bitcoin? Indeed, there are striking similarities between the NSA document and the Bitcoin white paper....
US Senators Press Biden Administration for Measures to Counter ‘Serious National Security Threats’ Linked to North Korea, Crypto
8.8.2023
U.S. senators have pressed the Biden administration for measures to counter “serious national security threats” posed by North Korea’s dependence on cryptocurrency. According to the lawmakers, North Korea is using crypto “to evade harsh sanctions and support its ambitions to project...
Coinbase: Embracing Crypto Could Determine Future of U.S. National Security
31.5.2023
Amid heightened regulatory uncertainty and anti-crypto sentiment in the United States, a leading US-based cryptocurrency exchange, Coinbase, has linked crypto to national security.
The firm noted in a lengthy blog post that the US must embrace crypto to facilitate national security.
The May...
Chinese officials issue warning about AI and national security
31.5.2023
Leaders in Beijing have stressed the need for “dedicated efforts” to protect national security and improve the security governance of artificial intelligence
Sen. Warren’s Bill Signals Crypto Is Headed for a Clash With National Security Interests
22.5.2023
The misguided Digital Asset Money Laundering Act sponsored by Senators Elizabeth Warren and Roger Marshall may be dead on arrival, but the crypto community should not ignore the conflict it represents between crypto and law enforcement, writes Chris Grieco
De-Risking or Decoupling? China- US Bilateral Trade Falls More Than 10% This Year
15.5.2023
Analysts have criticized the new ‘de-risking’ strategy that the U.S. is currently using against China, explained by U.S. National Security Advisor Jake Sullivan in April, clarifying that national security was over economic costs. These de-risking policies might affect bilateral trade...
Sen. Warren Plans To Reintroduce Crypto Bill To Crack Down on National Security Risks
5.5.2023
Democratic Sen. Elizabeth Warren has plans to reintroduce a cryptocurrency bill to crack down on money laundering and terrorist financing.
The long-standing crypto critic said she planned to reintroduce that legislation during a Senate Armed Services Committee hearing on Thursday....
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Analysts Consider US National Security Policy a Pretext to Establish Trade Sanctions Against Other Countries
2.5.2023
International analysts have called out the supposed use of the national security policy of the U.S. as a tool to justify the establishment of blockades and economic sanctions against countries like China and Russia. While U.S. Treasury Secretary Janet Yellen has recognized that a decoupling of...
Iran Top Security Official Believes Recent De-Dollarization Efforts Will Doom ‘Illegal Western Sanctions’ to Failure
12.4.2023
Ali Shamkhani, secretary of the National Security Council of Iran, has stated that the recent bilateral cooperation efforts between his country and Russia are contributing to rendering U.S.-established sanctions useless at a global level. The official noted that many other countries are also...
US Treasury Report Warns of Defi’s Threat to National Security, Authors Conclude Fiat Is Used in Illicit Finance More Than Crypto
6.4.2023
The U.S. Treasury has released a 42-page report assessing the risks of decentralized finance (defi). The report states that specific nation-state adversaries, cybercriminals, ransomware attackers, thieves, and scammers are using defi to “transfer and launder their illicit proceeds.”...
US-Saudi Tensions Escalate as Report Says Crown Prince Is No Longer Interested in Pleasing the United States
4.4.2023
After Saudi Arabia and members of the Organization of the Petroleum Exporting Countries (OPEC) surprised the world by announcing cuts to oil production, a spokesperson for U.S. president Biden’s National Security Council stated that reducing production is not advisable. According to a recent...
Controversial ‘Tiktok Ban Bill’ Sparks Concerns Among Cryptocurrency and Technology Advocates
29.3.2023
Cryptocurrency and technology proponents have recently been discussing a new bipartisan bill called the “Restricting the Emergence of Security Threats that Risk Information and Communications Technology (RESTRICT)” Act. In addition to targeting firms such as Kaspersky, Huawei,...
Coinbase CEO Brian Armstrong Expresses Concern Over Rumors of SEC Ban on Crypto Staking for Retail Customers
9.2.2023
Brian Armstrong, CEO of Coinbase, expressed concern about rumors that the U.S. Securities and Exchange Commission (SEC) may eliminate cryptocurrency staking for retail customers in the United States. Armstrong insisted that “staking is not a security” and that the trend allows users...
Crypto Lender Nexo Under Investigation for Alleged Money Laundering, Russian Sanction Violations in Bulgaria
12.1.2023
According to several reports, Bulgarian law enforcement officials are investigating crypto lender Nexo for alleged money laundering and sanctions violations. Siika Mileva, a spokesperson for Bulgaria’s attorney general, said the probe into Nexo is a large-scale operation involving...
Initial approval given for Voyager and Binance.US deal amid national security probe
11.1.2023
The deal has received initial approval from the bankruptcy judge but will require the approval of creditors and final court approval