Senator Elizabeth Warren claims foreign cryptomines being used to spy on the US

US lawmaker Senator Elizabeth Warren has continued her anti-crypto evangelism despite her thinning support base. On July 25, she opined that foreign-owned crypto-mining operations pose a national security threat during a hearing of the Senate Committee on Banking, Housing, and Urban Affairs. Warren stated: “Foreign adversaries are using cryptomines to spy on US military operations. […]

The post Senator Elizabeth Warren claims foreign ‘cryptomines’ being used to spy on the US appeared first on CryptoSlate.

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Ripple backs Deaton with $1M donation in senate race against Warren

Ripple has the back of one its strongest supporters in his attempt to unseat powerful Senate crypto foe Elizabeth Warren.

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Elizabeth Warren Slams GENIUS Act Over Trumps USD1 Crypto Profits

Senator Elizabeth Warren opposes the GENIUS Act because she views Trump’s USD1 stablecoin as generating illegal financial returns. Her worries emerge from World Liberty Financial’s and UAE-based MGX’s agreement, which strengthened the market demand for USD1. Opposition against the bill has increased in the Senate, and now it must pass a key vote in the […]

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Lawmakers Urge SEC to Preserve Records on Trump-Linked Crypto Firm

The SEC is facing mounting pressure to disclose all communications with Trump's family regarding regulatory treatment of their crypto venture.

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Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins

US Senator Elizabeth Warren has urged Treasury Secretary Janet Yellen to include comprehensive Anti-Money Laundering and Combating the Financing of Terrorism measures for stablecoins, highlighting potential risks of funding terrorist activities. (Read More)

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Senator Warren wants to extend anti-money laundering rules to crypto miners and validators

US Senator Elizabeth Warren said any new crypto regulation, including the newly proposed regulatory framework for the stablecoin market, must include the full suite of anti-money laundering authorities that the Treasury Department requested in November 2023. In an April 16 letter addressed to US Treasury Secretary Janet Yellen, Senator Warren articulated her stance and advocated […]

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US lawmakers and Elizabeth Warren criticize DOJ for disbanding crypto enforcement team

A group of US Democratic lawmakers, led by Senator Elizabeth Warren, has strongly criticized the Department of Justice (DOJ) for shutting down its National Cryptocurrency Enforcement Team (NCET). In an April 10 letter, the group expressed concern that the move undermines efforts to combat growing criminal activity tied to digital assets. The NCET, disbanded on […]

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Elizabeth Warrens Wake Up Call: Iran, Crypto & Controversy

Senator Elizabeth Warren has raised significant concerns about the lack of anti-money laundering [AML] laws applicable to certain sanctioned countries potentially profiteering by participating as validators in cryptocurrency transactions. In her recent post, Warren posted a scenario to Deputy Secretary of the Treasury Wally Adeyemo inquiring about the possibility of sanctioned nations like Iran being […]

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Polls suggest Elizabeth Warren’s anti-crypto army strategy may not pay off

The United States Senator for Massachusetts Elizabeth Warren is making her “anti-crypto” agenda one of the centerpieces of her re-election campaign, despite polls suggesting the majority of Americans think crypto is a key innovation for the future. In a March 30 Tweet, Warren suggested she was fighting to put “government on the side of working [...]

The post Polls suggest Elizabeth Warren’s anti-crypto army strategy may not pay off appeared first on Crypto Breaking News.

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Linking Bitcoin To The Fentanyl Trade, Elizabeth Warren Demonstrates Concerning Bias Against Innovation

Overstating the role that Bitcoin plays in illicit activity, Senator Elizabeth Warren underscored the need for education among policymakers.

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Senator Elizabeth Warren Writes to Crypto Czar David Sacks, Requests Transparency with Bitcoin Reserve

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Elizabeth Warren questions Crypto Czar David Sacks cryptocurrency profits amid market swings

Senator Elizabeth Warren has called for greater transparency in David Sacks‘ role as Donald Trump administration’s crypto and artificial intelligence advisor. In a March 6 letter, Warren urged Sacks to prove that he is not personally profiting from policies that favor select digital assets, weaken regulatory oversight, and ease enforcement actions against the crypto industry. Warren stressed […]

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US Senate Candidate Calls for Resignation of SEC Chair Gary Gensler

U.S. Senate candidate John Deaton has called for the resignation of U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler. “Under Gensler, the SEC has forgotten, or intentionally abandoned, its primary mission in protecting innocent investors,” he stressed. Deaton Calls for Gensler’s Resignation John Deaton, a U.S. Senate candidate running against incumbent U.S. Senator Elizabeth [...]

The post US Senate Candidate Calls for Resignation of SEC Chair Gary Gensler appeared first on Crypto Breaking News.

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US banking advocacy group supports Sen. Warren’s reintroduced crypto bill

According to the Bank Policy Institute, including digital assets in the Anti-Money Laundering framework is essential for safeguarding the United States financial system.

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Elizabeth Warren wants the police at your door in 2024

Senators Elizabeth Warren and Roger Marshall want to make your crypto wallet illegal — and their plan runs contrary to the principles they campaigned on.

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‘How did this happen’ — Powell says Fed stumped over the collapse of SVB

United States Federal Reserve chairman Jerome Powell has conceded that his regulator was blindsided by the sudden collapse of Silicon Valley Bank (SVB), despite it being under their watch. In a press conference held just after the Federal Open Market Committee meeting on March 22, Powell said he immediately knew there was a need for [...]

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Silvergate downfall sparks debate over whose fault it actually was

The demise of the crypto-friendly bank has prompted discussion about who tipped the first domino, and where crypto firms can turn for their banking needs.

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CZ denounces rumor 'widely' spread on China's WeChat

A Metamask security analyst stated that the rumor was the “2023 adaptation of attempted market manipulation.”

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United States CBDC would ‘crowd out’ crypto ecosystem: Ex-Biden adviser

Daleep Singh argues that crowding out cryptocurrencies by establishing a CBDC in the United States would protect the country's national interests.

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Sen. Warren vows reintroduction of AML bill that extends to DAOs and DeFi

While the Senator did not expand on other details of the upcoming bill, she suggested that DeFi should not be exempt from AML laws.

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