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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The U.S. Senate is again preparing to tackle crypto industry regulation through a new bill. The proposed Crypto-Asset National Security Enhancement Act of 2023, backed by bipartisan support, aims to enforce strict anti-money laundering (AML) measures on
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United States Senator Jack Reed sponsored a bipartisan bill introduced into the Senate on July 18 that would tighten Know Your Customer and Anti-Money Laundering (KYC/AML) and sanctions requirements for decentralized finance (DeFi). According to a news release on Reed’s website, the bill is titled the Crypto-Asset National Security Enhancement
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A new bill from Sen. Jack Reed would impose strict requirements on DeFi protocols under the guise of national security. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The recent altcoin revival captured investors’ attention, but not all tokens benefited. Aptos, for example, is down on the daily chart. On the other hand, Tradecurve’s prices are trending higher, drawing more decentralized finance (DeFi) enthusiasts. >>Register
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DeFi is big in the crypto world. But, if we look at the overall financial industry, it remains a tiny, almost minuscule niche market, albeit one with potential. DeFi is still taking its first baby steps, but, if it’s to stand tall on its own two feet, it desperately needs
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One token that keeps hitting the max is bSOL, the LST issued by Solana validator service SolBlaze. The 5,000 bSOL tokens currently deposited on MarginFi represent nearly 7% of all bSOL tokens in existence; even more are waiting on the sidelines, said the pseudonymous founder of SolBlaze (who goes by
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Bank of International Settlements (BIS) recently showed skepticism about the potential role of crypto in the global monetary framework, citing flaws that originate from the incentives of validators rather than the technology itself. In a comprehensive
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About a month ago, the senators met with Lael Brainard, director of the White House’s National Economic Council and a former Federal Reserve governor who oversaw its research into central bank digital currency (CBDC), going over the details of the legislation for about an hour, said people familiar with the
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Investors are constantly seeking opportunities to gain profit in the cryptocurrency market, which has a reputation for delivering returns in some instances. Presently, the focus is on Tradecurve, and analysts predict that its native token,
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Algorand’s largest decentralized finance (defi) protocol Algofi will shut down as the platform says it is unable to maintain the highest standards following a “confluence of events.” Algofi sunsetting operations Algofi announced the news in a Medium blog
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