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 […]

The post Senator Warren wants to extend anti-money laundering rules to crypto miners and validators appeared first on CryptoSlate.

View Details

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.

View Details

Fidelity will ‘shift’ retail customers into crypto soon, says Galaxy CEO

While Fidelity hasn’t yet confirmed rumors it will launch retail Bitcoin trading, the firm said enabling broader access to digital assets remained a key area of focus.

View Details

Senator Warren calls DeFi the most dangerous space in crypto

Senator Elizabeth Warren in her recent submission to the US Senate Banking, Housing, and Urban Affairs Committee has urged regulators to place a lid on the burgeoning DeFi sector by paying more attention to stablecoins.

The post Senator Warren calls DeFi the most dangerous space in crypto appeared first on CryptoSlate.

View Details

US Senator Calls for Investigation Into Bank Failures — Says Fed Chair Powell ‘Bears Direct Responsibility’

U.S. Senator Elizabeth Warren has called for a “thorough, independent investigation of the causes” that led to the failure of Silicon Valley Bank (SVB) and Signature Bank. She alleges that Federal Reserve Chairman Jerome Powell “bears direct responsibility” for regulatory and supervisory issues involving the two banks. Senator Elizabeth Warren Calls for Independent Investigation Into [...]

The post US Senator Calls for Investigation Into Bank Failures — Says Fed Chair Powell ‘Bears Direct Responsibility’ appeared first on Crypto Breaking News.

View Details

Senator Warren Bitcoin mining tweet called ‘disinformation’ by crypto community

Several crypto stakeholders have described Senator Elizabeth Warren’s latest tweet about Bitcoin (BTC) mining activity as “disinformation.” The Democrat senator had agreed with a New York Times report that Bitcoin mines were increasing energy bills for Americans and causing as much pollution as 3.5 million cars. Warren said she has severally called attention to “the […]

The post Senator Warren Bitcoin mining tweet called ‘disinformation’ by crypto community appeared first on CryptoSlate.

View Details

Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard

On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should return to the “gold standard” and said she’s taking a “hard pass” on digital [...]

The post Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard appeared first on Crypto Breaking News.

View Details