Tag Archives: lawmakers

Even before pornographic and violent deepfake images of Taylor Swift began widely circulating in the past few days, state lawmakers across the United States had been searching for ways to quash such nonconsensual images of both adults and children. But in this Taylor-centric era, the problem has been getting a …

Real bipartisan legislative efforts are rare in Washington, DC, these days, but Democratic Senators Elizabeth Warren and Joe Manchin and Republican Senators Lindsey Graham and Roger Marshall have managed to come together to co-sponsor a bill focused on crypto crime.  According to the senators, the Digital Asset Anti-Money Laundering Act …

Following October’s tragic events in Israel, a narrative linking Hamas funding to cryptocurrencies emerged from The Wall Street Journal in an Oct. 10 story authored by the paper’s Angus Berwick and Ian Talley. It fueled Sen. Elizabeth Warren’s crusade against the crypto sector. Subsequent insights from Chainalysis and Elliptic cast …

Amid the implementation struggles of crypto project Worldcoin in Kenya, Worldcoin CEO Alex Blania has been accused by the Kenyan lawmakers of data fraud saying the project’s arrival to Kenya looks like “a gang of criminals who are coming to harvest data from young people.” Worldcoin Faces Scrutinization From Kenyan …

In a recent development, Republican lawmakers on the U.S. congressional committee responsible for overseeing the Securities and Exchange Commission (SEC) have intensified their scrutiny of the agency’s crypto approval process.  Led by Chair Patrick McHenry, 23 House Financial Services Committee lawmakers have sent a letter to SEC Chair Gary Gensler, …

Armstrong said lawmakers are again looking to create crypto legislation in the US following Ripple’s court win and the increase in Bitcoin ETF applications. According to Coinbase CEO Brian Armstrong, lawmakers in the United States are giving renewed attention to crypto legislation. Speaking to Axios, Armstrong said lawmakers are committed to …

Lawmakers in Slovakia have approved new legislation, with a resounding 112-2 vote in favor, aimed at reducing taxes associated with the sale of crypto or digital assets. In addition to the aforementioned tax-cutting law, members of the National Council of the Slovak Republic, the country’s parliament, have further endorsed additional …

Michigan Rep. Bill Huizenga pointed out that the documents shared by the SEC contained minimal information, mainly consisting of public briefings on the collaborative efforts between the SEC and the Justice Department in the case of SBF. The Chairman of the United States House Oversight and Investigations Subcommittee, Bill Huizenga, …

Once again, the United States Securities and Exchange Commission (SEC) became the week’s headliner. Its intention to freeze the entirety of Binance.US’s assets got a reality check from U.S. district court Judge Amy Berman Jackson, who advised the regulator and the crypto exchange to negotiate a deal bilaterally.  The resulting …

Patrick McHenry intends to hold a committee vote on a detailed crypto regulatory structure. Reactions about the use of crypto still make it unclear how things will turn out. Patrick McHenry, a House Republican lawmaker, plans to introduce legislation around crypto regulations after lawmakers return to work on July 11. …

Binance may have misled lawmakers in the United States about its business dealings and relationship with its local unit in a letter sent in March, Bloomberg reported on June 8.  In a letter sent to United States Attorney General Merrick Garland, Senators Elizabeth Warren and Chris Van Hollen asked the Justice …

On Monday, a local news outlet reported that South Korea’s Upbit and Bithumb crypto exchanges are under investigation by the Seoul Southern District Prosecutors Office over suspicions concerning lawmaker Kim Nam-kuk’s digital assets. Officials said they are currently investigating whether Kim used insider information to acquire his massive digital assets …