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Cybersecurity expert backs Sen. Warren’s crypto bill in senate hearing

United States Senator Elizabeth Warren has emphasized the risks of cryptocurrency scams targeting senior citizens in the U.S., with the support of a cybersecurity expert endorsing her legislation on digital assets to prevent future scams.In a recent senate hearing, Warren outlined the significant increase in crypto scams being targeted towards

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U.S. FSC to discuss illicit activity in crypto at upcoming hearing

The United States Financial Services Committee (FSC) has scheduled a Nov. 15 hearing for a deep dive into the illicit activities in the cryptocurrency ecosystem. The hearing, ‘Crypto crime in context: breaking down the illicit activity in digital assets,’ will feature prominent crypto entrepreneurs as attendees. According to the Committee’s

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SEC’s Gensler taken to task over crypto custody guidance again in House hearing

Gary Gensler, chairman of the United States Securities and Exchange Commission, told the House Financial Services Committee hearing on Sept. 27 that he enjoys testifying before the committee. He had well over four hours of that pleasure that day, much of which was devoted to criticism of his agency’s policies

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Australian Couple Who Mistakenly Received $10.5M from Crypto.com Shall Face October Plea Hearing

The couple purchased 4 real estate properties and also sent 4 million AUD to Malaysian bank. Melbourne-based couple who accidentally got $10.5 million shall be facing a plea trial in October amid theft charges for spending all the funds that were mistakenly sent by Crypto.com. In May 2021, Thevamanogari Manivel initiated a

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Dueling CBDC Bills Heading for U.S. Digital Dollar Debate in Congressional Hearing

“If not designed to be open, permissionless, and private – emulating cash – a government-issued CBDC is nothing more than a CCP-style surveillance tool that would be used to undermine the American way of life,” he said in a statement, accusing President Joe Biden’s administration – even in the absence

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Gensler’s SEC Hearing Shows Key U.S. Senate Democrat Brown Digging in Heels on Crypto

“The problems we saw at FTX are everywhere in crypto – the failure to provide real disclosure, the conflicts of interest, the risky bets with customer money that was supposed to be safe,” said Brown, the Senate Banking Committee’s chairman, whose committee will probably have to agree to any crypto

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