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Cybersecurity expert backs Sen. Warren's crypto bill in senate hearing
18.11.2023
In a recent senate hearing, a cybersecurity professional openly endorsed Senator Elizabeth Warren's Digital Asset Anti-Money Laundering Act
Media Reported Hamas Got Millions Via Crypto, but the Data Provider They Cited Says It Was Misconstrued
26.10.2023
After Hamas' deadly attacks in Israel, media reports linked the terrorist group with tens of millions in crypto donations, but that data was misinterpreted and hugely exaggerated, according to the blockchain analytical firm that was cited
Crypto donations raised by Hamas ‘remain tiny,’ says Elliptic
26.10.2023
Elliptic’s statement was framed as a rebuttal to recent articles and letters circulating among the media and U.S. lawmakers this month
Elizabeth Warren uses Hamas as her newest scapegoat in war on crypto
25.10.2023
Massachusetts Sen. Elizabeth Warren is taking advantage sensationalist claims related to Hamas' use of crypto. Unfortunately, those claims are largely false
Elizabeth Warren and 100 Lawmakers Push Biden on Crypto-Terrorism Action, Despite Less Than 1% Illicit Use
18.10.2023
Elizabeth Warren, the Democratic senator from Massachusetts, is alarmed by the potential of crypto-fueled terrorism. She has rallied over 100 policymakers and approached the Biden administration, urging the executive branch to tackle this pressing issue. The news follows Warren’s recently...
U.S. Sen. Warren Leads Lawmakers to Push Administration on Crypto-Backed Terrorism
18.10.2023
U.S. Sen. Elizabeth Warren (D-Mass.) led more than a hundred lawmakers in demanding top officials share their plans for heading off crypto-financed terrorism
‘Elizabeth Warren Chalked the Field’: Former Congressmen Tim Ryan (D) and David McIntosh (R) on the Prospects for Crypto Legislation Before the Election
16.10.2023
David McIntosh says the SEC’s approach to crypto “makes the consumer and the investor much more vulnerable.”
Hamas' Crypto Ties May Lend Energy to Sen. Warren's Money Laundering Bill
13.10.2023
The revelations that the terrorist group behind last week’s attack on villages in southern Israel that left more than 1,200 Israelis dead was partially funded with cryptocurrency may lend additional weight to an effort from Sen. Elizabeth Warren (D-Mass.) and others to push for a law targeting...
7 Senators Urge Treasury and IRS to Rapidly Implement Crypto Tax Reporting Rule
13.10.2023
Seven U.S. senators have called on the Treasury Department and the Internal Revenue Service (IRS) to “implement the proposed crypto broker reporting rule as rapidly as possible.” The lawmakers stressed: “We are alarmed by the self-inflicted two-year delay for the rule’s implementation.” Senators...
SEC initiates legal action against FTX's auditor
1.10.2023
The SEC alleges that Prager Metis, an accounting firm engaged by bankrupt crypto exchange FTX in 2021, committed hundreds of violations related to auditor independence
Senator Warren’s Crypto Money Laundering Bill Builds Momentum as More Sign On
18.9.2023
U.S. Sen. Elizabeth Warren (D-Mass.) has enlisted more support from key lawmakers in a growing coalition pushing for a law to crack down on money-laundering and sanctions abuses in crypto, with new sponsorship from the top Democrats on the Senate Homeland Security and Judiciary committees
9 US Senators publicly back Elizabeth Warren’s crypto bill
18.9.2023
Senator Elizabeth Warren announces the expansion of her coalition to crack down on “crypto’s use in money laundering, drug trafficking, sanctions evasion.”
Senator Elizabeth Warren’s Crypto Bill Gains Support Among US Lawmakers
18.9.2023
Nine U.S. lawmakers have thrown their support behind the Digital Asset Anti-Money Laundering Act, recently reintroduced in Congress by Senators Elizabeth Warren, Roger Marshall, Joe Manchin, and Lindsey Graham. Experts have warned that this crypto bill is the most direct attack on the privacy...
Riot Showcases Demand Response Strategy: Bitcoin Mining’s Role in Strengthening Texas Energy Grid
7.9.2023
Bitcoin mining aided the Electric Reliability Council of Texas, or ERCOT, when the bitcoin mining company Riot Platforms reduced its power usage amid a Texas summer heatwave. Riot said in its most recent production and operations update that it received $31.7 million in power and demand response...
US Congress Members Clash on the Potential Effect of Proposed Tax Rules on the Crypto Industry
30.8.2023
Members of the U.S. Congress have expressed concerns about the possible problems that implementing the newly proposed crypto tax reporting requirements could create in the entire industry. Patrick McHenry, Cynthia Lummis, and others reacted differently to the potential effects of these proposals...
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...
Elizabeth Warren, Bernie Sanders urge closure of ‘$50 billion crypto tax gap’
3.8.2023
U.S. senators including Elizabeth Warren and Bernie Sanders claimed crypto tax evaders are siphoning off billions from the government
Bank Policy Institute Supports Elizabeth Warren's Push for Stricter Crypto Rules
29.7.2023
The Bank Policy Institute (BPI), an organization that advocates for the banking industry in the US, has publicly backed Senator Elizabeth Warren's efforts to tighten regulations for cryptocurrencies.
Warren, along with three other senators, has recently reintroduced the Digital Asset Anti-Money...
US banking advocacy group support Sen. Warren’s reintroduced crypto bill
29.7.2023
According to the Bank Policy Institute, the inclusion of digital assets in the anti-money laundering framework is essential to safeguard the United States' financial system and protect it from illicit finance
U.S. Senate Passes $886B Military Spending Bill With Crypto AML Provision
28.7.2023
The amendment takes aim at crypto mixers and “anonymity-enhancing” crypto assets