Cryptocurrency Analysis and News Portal
Senator Elizabeth Warren’s proposed Digital Asset Anti-Money Laundering Act, aimed at combating crypto-related scams, ignites a complex debate over the balance between regulation and innovation in the digital finance arena. In a Nov. 16 hearing, Senator Elizabeth Warren (D-Mass) voiced concerns about cryptocurrency’s role in financial scams, particularly those targeting older
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Massachusetts Sen. Elizabeth Warren is at it again. With mainstream press outlets including Germany’s Deutsche Welle running sensationalist headlines — “How cryptocurrency fueled Hamas’ terrorist attack” — Warren is using Hamas’ attack on Israel to fuel her own war on cryptocurrency.Crypto’s role in the conflict came into focus on Oct.
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Warren has been advocating for her legislation meant to target money laundering and sanctions abuses in crypto, which is co-sponsored by Marshall. The bill, which crypto lobbyists have argued would pose significant threats to the industry in the U.S., hasn't yet found any traction at the committee level so remains
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David McIntosh says the SEC’s approach to crypto “makes the consumer and the investor much more vulnerable.” Original Source
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The bill was co-sponsored by Sen. Joe Manchin (D-W.V.), who has often occupied a middle ground between the parties on important legislative issues, and Republican Sens. Roger Marshall (R-Kan.) and Lindsey Graham (R-S.C.). And Warren later gathered additional support from Sen. Dick Durbin (D-Ill.), chairman of the Judiciary Committee, and
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The wide-ranging bill, introduced in July, would – among other things – extend anti-money-laundering requirements from the Bank Secrecy Act to providers of digital assets wallets, crypto miners, validators and other network participants. One of its original co-sponsors was Sen. Joe Manchin (D-W.V.), who has often occupied a middle ground
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Nine United States Senators have added their support to Senator Elizabeth Warren’s Digital Asset Anti-Money Laundering Act, according to a statement from Warren’s office. The press release on Warren’s official senate webpage names Democratic Party Senators Gary Peters, Dick Durbin, Tina Smith, Jeanne Shaheen, Bob Casey, Richard Blumenthal, Michael Bennet and Catherine Cortez
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A number of United States lawmakers have urged the Internal Revenue Service and the Treasury to speed up the closure of tax loopholes being exploited by “crypto tax evaders.”In an Aug. 1 letter, Democratic Senators Elizabeth Warren, Bernie Sanders, Bob Casey and Richard Blumenthal warned the top officials of both
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Senators Elizabeth Warren and (D-Mass.) and Chris Van Hollen (D-Md), in their letter to U.S. Attorney General Merrick Garland, alleged the crypto exchange may have made false statements, including whether its affiliate Binance.US was indeed a separate entity as Binance had claimed. Source
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Notably, the drug industry does and does not include everything from the cultivation, manufacture, distribution and sale of illicit substances, depending on your chosen frame. The headline number Chainalysis supplies, $37.8 million, is severely limited in scope. It’s based on a predictive map using four identified shops that sell fentanyl
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