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Senator Elizabeth Warren Leads Inquiry Into Fidelity's Bitcoin-Backed Retirement 401(k) Account
In the wake of the launch of a Bitcoin-focused 401(k) account in the United States by Fidelity Investments, two Senators have expressed concerns over the company’s latest products.
Sen. Warren Nudges Treasury Sec, Regulators to Address Crypto-Related Risks
The request for crypto regulation was re-emphasised through the letter to U.S. Treasury Secretary Janet Yellen by Democrat Senator Elizabeth Warren.
UK to Carve Out Ways for "the Safe Adoption of Cryptocurrencies"
Her Majesty, Queen Elizabeth II, delivered her speech to the Houses of Parliament Tuesday in the UK that new regulations will be introduced to strengthen its financial services sector, encompassing the impact on cryptocurrencies.
Binance to Delist BETH Trading Pairs, Shifts Focus to WBETH: What You Need to Know
Binance is delisting BETH trading pairs and adding WBETH to Simple Earn Flexible Products and Loans to improve staking services and user utility. Users are advised to update trading bots, modify Auto-Invest plans, and consider WBETH as collateral.
ProShares to Launch First Ether ETF and Blended Crypto Funds
ProShares is set to launch the first-ever ETF focused on ether, along with two blended ETFs that offer exposure to both bitcoin and ether, on October 2, 2023. These new ETFs aim to provide a more accessible and regulated avenue for investors to gain exposure to cryptocurrencies, without the need for a separate crypto custodian or wallet.
Binance Expands Dual Investment with WBETH, BNSOL, and SUI
Binance has announced the inclusion of Wrapped Beacon ETH (WBETH), Binance Staked SOL (BNSOL), and Sui (SUI) in its Dual Investment offerings, enhancing user rewards.
Senator Warren Focuses on Crypto Scam Risks for Seniors, Advocates New Legislation
Senator Warren emphasized the Digital Asset Anti-Money Laundering Act, gaining bipartisan support to regulate crypto activities and protect vulnerable populations from financial fraud.
Coinbase Counters Senator Warren's Allegations
Coinbase denies Sen. Warren's allegations of using ex-government officials to resist digital asset regulations, highlighting its commitment to responsible crypto regulation.
SEC Faces Criticism from Elizabeth Warren over Bitcoin ETF Approvals
U.S. Senator Elizabeth Warren has expressed strong disapproval of the SEC's recent decision to approve 11 spot bitcoin ETFs, emphasizing the necessity of stringent anti-money laundering regulations in the cryptocurrency sector.
US Senator Questions Bitcoin Mining Firm on Environmental Impact
US Senator Elizabeth Warren questioned bitcoin mining firm Greenidge Generation Holdings about the impact of its operations on power prices, climate change and the local area as part of her efforts to tackle the negative consequences of cryptocurrency mining on the environment.
French Hill Challenges Warren's Anti-Money Laundering Act
U.S. Representative French Hill questions the efficacy of Senator Elizabeth Warren's Digital Asset Anti-Money Laundering Act, arguing it won't deter terrorist organizations from using cryptocurrencies. The act's broad regulatory scope, including miners and validators, sparks controversy.
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.
Senator Lummis Advocates for Clear Crypto Regulations
US Senator Cynthia Lummis emphasizes the need for robust regulations in the crypto industry, targeting bad actors rather than the technology. She reintroduces the Lummis-Gillibrand bill to enhance oversight and protect against abuse, stressing the distinction between innovative crypto assets and illicit activities.
Circle Formally Refutes Allegations of Illicit Financing and Connections to Justin Sun
Circle denies CfA's allegations of illicit financing and Justin Sun ties, emphasizing regulatory compliance and advocating for stronger stablecoin laws, as clarified by Dante Disparte.
U.S. Senator Warren Urged To Regulate Cryptocurrencies
Massachusetts senator Elizabeth has acknowledged that Bitcoin and Dogecoin have significant problems and therefore urges regulators to break crypto policy deadlock.
Ohio Democrat Lawmakers Propose Blockchain Voting in Bill For Election Overhaul
In the Ohio House of Representatives, Democrats have included a new voting system pilot based on blockchain as part of their elections law overhaul bill. The system will be used to count and track the votes of military personnel stationed outside the US and registered to vote in Ohio.
Bitcoin SV Moons As Craig Wright Tells Court That he Has Access to Tulip Trust
Bitcoin Satoshi Version (BSV), a fork of the Bitcoin Cash, is surging in trades following Craig Wright’s compliance with a court order to open up the mysterious Tulip Trust for inspection.
How Crypto is Helping a Globally-Recognised NGO with Their Covid-19 Response
The Covid-19 pandemic has taken its toll on the world, causing almost half-a-million deaths, illnesses, and economic downturns. The World Bank argues that the deadly virus could push up to 60 million people into extreme poverty, wiping out the progress made in this area in the past three years.