Tuesday, April 22, 2025
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UK Crypto Firms Struggle to Implement FATF’s Travel Rule Showcasing Global Challenge for Sector

Even where implemented, there are discrepancies. Canada, for instance, requires operators to jot down beneficiaries’ postal addresses, while the U.K. doesn’t, and firms are caught in a quandary when handling a transfer between the two, Caterina Veloso, co-chair of lobby group CryptoUK’s travel rule working group, told CryptoX. Source

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Biden administration launches AI cybersecurity challenge to ‘protect Americans’

In an Aug. 9 press release, the Biden administration revealed an opportunity for hackers to compete for substantial monetary rewards by applying artificial intelligence (AI) to safeguard vital United States infrastructure from cybersecurity vulnerabilities.In spring 2024, a preliminary phase will select up to 20 high-performing teams to progress to the semifinals of

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Mainstream media challenge decision to protect FTX customers: Report

The four major media outlets advocating for the release of FTX customer names have opposed the decision to seal them. Meanwhile, a crypto lawyer told Cointelegraph that “there is clear evidence” of potential harm if the names were to be disclosed.According to a June 23 Reuters report, Bloomberg, Dow Jones &

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House Republicans’ Bill Shows Challenge of Regulating Crypto Without Giving Traditional Securities a Free Pass

McHenry and Thompson attempt to sidestep the Howey Test entirely. Their bill would create a new asset class called “digital assets.” Digital assets can come in many forms, but two particularly important ones are “digital commodities” and “restricted digital assets.” In short, the legislation provides that crypto tokens will either

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