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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US Senators Urge DOJ and Treasury to Investigate Alleged Binance-Trump Connections, According to Report

In a recent development, Senators have initiated an investigation into Binance and its alleged ties to former US President Donald Trump. The probe aims to uncover any potential connections between the cryptocurrency exchange and the Trump administration. This move comes amidst growing concerns about the influence of cryptocurrency on political landscapes around the world. Binance, [...]

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Stablecoin Showdown: Crypto Bill Faces Collapse as Senate Democrats Withdraw Support

U.S. stablecoin regulation nears collapse as Senate Democrats withdraw support, demanding tougher AML rules and financial safeguards.

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Senator Lummis Highlights Cryptos Economic Promise Amid Regulatory Progress and Legislative Victories

United State­s Senator Cynthia Lummis recently highlighte­d the potential of the crypto marke­t to boost the nation’s economy, emphasizing that the nation must be­ willing to recognize and take advantage­ of these new opportunitie­s. Lummis has long been a vocal supporter of cryptocurre­ncy, consistently informing Congress about the importance­ of virtual currencies. Lummis refle­cted on […]

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Senator Advocating for Cryptocurrency Challenges Trumps Memecoin Dinner Report

Senator Cynthia Lummis has expressed skepticism regarding a dinner that was organized to promote a meme coin associated with former President Trump. The event, which took place in New York, aimed to generate interest in the cryptocurrency by leveraging Trump’s popularity. Lummis, however, has raised concerns about the legitimacy and sustainability of such coins. During [...]

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Bitcoin 2025 Releases First Preliminary Agenda Featuring Visionaries from Politics, Finance, and Technology

The first preliminary agenda for Bitcoin 2025, the worlds most influential Bitcoin conference, has just been released. Taking place May 2729 in Las Vegas.

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Senator Lummis Criticizes Bidens Crypto Crackdown, Calls for Legal Clarity

Senator Cynthia Lummis stands as a vocal supporter of the­ crypto community. In a bold stance, she criticized the­ Biden administration and regulatory bodies for the­ir intensified scrutiny of the crypto marke­t. As discussions on digital assets intensify, Lummis eme­rges as a key ally for the crypto industry, advocating for the­ir interests amidst the re­gulatory […]

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Boosting AI: Senators propose $32B investment plan for US tech growth

After months of meetings with industry experts and AI critics, four U.S. senators published what they say is a comprehensive roadmap for maintaining U.S. leadership in AI development.

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Sens. Lummis, Wyden oppose Justice Dept. stance on Tornado Cash charges

If the Justice Dept. prevails in the case against the cryptocurrency mixer, internet service providers and the post office may also be liable to transmitter requirements, they said.

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Senator Lummis Criticizes Feds Withdrawal of Crypto Banking Rules as Lack of Real Progress

Guidance on crypto banking in the United States has been a topic of discussion at the Federal Reserve, with Senator Cynthia Lummis expressing doubts. The debate revolves around the regulation and integration of cryptocurrencies within the traditional banking system. Lummis, a known supporter of crypto assets, believes that the current regulatory frameworks may hinder innovation [...]

The post Senator Lummis Criticizes Fed’s Withdrawal of Crypto Banking Rules as “Lack of Real Progress” appeared first on Crypto Breaking News.

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US Senator Demands Trump Impeachment, Cites Memecoin Dinner

A United States senator has publicly voiced support for the impeachment of former President Donald Trump, referencing a controversial incident involving a meme cryptocurrency at a dinner event. The senator pointed to the use of a meme coin during the dinner as evidence of Trump’s lack of seriousness and competence in handling political matters. The [...]

The post US Senator Demands Trump Impeachment, Cites Memecoin Dinner appeared first on Crypto Breaking News.

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Bitcoin price holds steady amid spot BTC ETF outflows and uptick in unfriendly regulation

Bitcoin price holds above $63,000 even as regulatory enforcement ramps up and spot BTC ETF outflows raise concern.

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Discover How West Virginias BTC Reserve Bill Offers Freedom from CBDC, According to State Senator

West Virginia’s BTC Reserve Bill: Providing Freedom from a CBDC, According to a State Senator A State Senator in West Virginia has proposed a new bill that would establish a reserve for Bitcoin (BTC) in the state’s treasury. This move is seen as a way to safeguard the state’s finances from the potential risks associated [...]

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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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Senator Tim Scott anticipates market structure bill will pass by August

Senator Tim Scott expressed optimism that the Market Structure Bill will be successfully passed in August. The proposed bill aims to address various issues related to market structure and will have far-reaching implications for the financial industry. Scott emphasized the importance of comprehensive legislation to ensure a fair and transparent market for investors. The bill [...]

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Crypto Miner Supports US Senators Plan to Encourage Flared Gas Utilization

Senator Ted Cruz is partnering with a Texas-based energy company, Flare Energy, to provide sustainable energy solutions for crypto miners in the state. This collaboration aims to address the environmental concerns surrounding cryptocurrency mining by utilizing renewable energy sources. Cruz has been vocal about the importance of embracing innovation while also prioritizing environmental conservation. By [...]

The post Crypto Miner Supports US Senator’s Plan to Encourage Flared Gas Utilization appeared first on Crypto Breaking News.

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Maine Senator Urges Biden to Consider Clemency for Ross Ulbricht During President’s Auburn Visit

On July 28, 2023, U.S. president Joe Biden made a trip to Auburn, Maine, where he delivered a speech at Auburn Manufacturing and subsequently attended a private fundraising gathering. Eric Brakey, the Republican senator representing Maine, greeted Biden upon his arrival in Auburn and handed him a note. In the message, he suggested that the [...]

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US Senator Ted Cruz: ‘I Like BTC for the Same Reason the Chinese Communist Govt Doesn’t Like BTC’

United States Senator Ted Cruz has said he remains “incredibly bullish on bitcoin” which he described as the “alpha in the crypto sphere.” According to Cruz, people are attracted to bitcoin because they see it as a hedge against inflation and also as an “important check” against government spending. Bitcoin Is Still the ‘Most Dominant’

The post US Senator Ted Cruz: ‘I Like BTC for the Same Reason the Chinese Communist Govt Doesn’t Like BTC’ appeared first on BTC Ethereum Crypto Currency Blog.

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US Senator Rand Paul Warns of US Dollar Losing Reserve Currency Status — Says ‘It’s Not an Unfounded Prediction’

U.S. Senator Rand Paul has warned that the U.S. dollar could lose its status as a global reserve currency. “For a variety of reasons, both foreign policy as well as fiscal irresponsibility, yes, the dollar is in a precarious position,” said the lawmaker. Senator Rand Paul on U.S. Dollar Losing Reserve Currency Status U.S. Senator [...]

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Senators demand answers from regulators about Trumps WLFI stablecoin

The stability of Donald Trump’s proposed stablecoin is facing intense scrutiny from financial regulators. The potential launch of this cryptocurrency has sparked concerns among officials who are wary of its impact on the financial system. Regulators are closely monitoring the development of Trump’s stablecoin, which aims to provide a secure and reliable digital asset for [...]

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