The United States government has removed two provisions from the National Defense Authorization Act (NDAA) that were aimed at addressing concerns regarding anti-money laundering (AML) in the cryptocurrency industry. The NDAA is a legislation that determines how federal funding can be used by the country’s defense department.The first provision required the US Secretary of the […]
Binance, one of the largest cryptocurrency exchanges, is facing significant government oversight in the United States. The company’s compliance commitments with the Department of Justice (DOJ) have been revealed, outlining a range of obligations that Binance must fulfill. These include granting authorities access to documents and resources, as well as cooperating in investigations related to […]
Binance, one of the largest cryptocurrency exchanges, is facing significant government oversight in the United States. The company’s compliance commitments with the Department of Justice (DOJ) have been revealed, outlining a range of obligations that Binance must fulfill. These include granting authorities access to documents and resources, as well as cooperating in investigations related to […]
Dogecoin’s founder, Shibetoshi Nakamoto, has publicly criticized US Senator Elizabeth Warren for her anti-cryptocurrency stance. Nakamoto accused Warren of being hostile towards the people and having a preference for traditional banking systems. Tesla CEO Elon Musk expressed his agreement with Nakamoto’s sentiment.Warren declared her anti-crypto stance, citing potential threats of digital currencies being used for […]
Dogecoin’s founder, Shibetoshi Nakamoto, has publicly criticized US Senator Elizabeth Warren for her anti-cryptocurrency stance. Nakamoto accused Warren of being hostile towards the people and having a preference for traditional banking systems. Tesla CEO Elon Musk expressed his agreement with Nakamoto’s sentiment.Warren declared her anti-crypto stance, citing potential threats of digital currencies being used for […]
A group of U.S. Senators has proposed legislation aimed at sanctioning foreign entities that facilitate financial transactions, including digital asset transactions, with Foreign Terrorist Organizations (FTOs) designated by the U.S. The bill, titled the Terrorism Financing Prevention Act, seeks to expand the Treasury Department’s resources and authority to counteract emerging threats from digital assets and […]
A group of U.S. Senators has proposed legislation aimed at sanctioning foreign entities that facilitate financial transactions, including digital asset transactions, with Foreign Terrorist Organizations (FTOs) designated by the U.S. The bill, titled the Terrorism Financing Prevention Act, seeks to expand the Treasury Department’s resources and authority to counteract emerging threats from digital assets and […]
The U.S. Securities and Exchange Commission (SEC) recently held discussions with Fidelity regarding the firm’s spot Bitcoin ETF application. The meeting focused on a proposed rule change that would allow CboeBZX to list and trade shares of Fidelity’s Wise Origin Bitcoin Trust. Fidelity’s ETF model offers exposure to cryptocurrency through a structure involving various industry […]
The U.S. Securities and Exchange Commission (SEC) recently held discussions with Fidelity regarding the firm’s spot Bitcoin ETF application. The meeting focused on a proposed rule change that would allow CboeBZX to list and trade shares of Fidelity’s Wise Origin Bitcoin Trust. Fidelity’s ETF model offers exposure to cryptocurrency through a structure involving various industry […]
Conversations surrounding the launch of spot Bitcoin exchange-traded funds (ETFs) in the United States have reached an advanced stage, according to unnamed sources cited by Reuters. The U.S. Securities and Exchange Commission (SEC) has reportedly begun asking detailed and technical questions to potential spot Bitcoin ETF issuers, indicating that the regulator may soon approve their […]
