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US Senate Majority Leader pushes for AI regulation: should AltSignals investors worry?

The US Senate Majority Leader Chuck Schumer believes that Congress “must move quickly” to regulate artificial intelligence (AI). The move comes as more companies embrace AI technology with some having already launched AI products and others like trading signals service provider AltSignals already working on AI products. дальше »

2023-5-20 12:56


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Pakistan Announces Ban on Cryptocurrency Services and Firm Stance Against Legalizing Crypto Trading

Aisha Ghaus Pasha, the minister of state for finance and revenue, declared that Pakistan would outlaw cryptocurrency services operating in the country and reaffirmed that the government has no plans to legalize cryptocurrency trading during a meeting of the Senate Standing Committee on Finance and Revenue on May 16. дальше »

2023-5-19 23:06


SVB former CEO ties collapse to rumors, Fed Reserve’s interest rate hike

Silicon Valley Bank former CEO Greg Becker blamed the bank’s failure on an unprecedented bank run following rumors about the bank and the Federal Reserve’s interest rate hikes. In a May 16 testimony before the US Senate Banking Committee, the former bank executive claimed that social media fueled the bank run — adding that no financial […] The post SVB former CEO ties collapse to rumors, Fed Reserve’s interest rate hike appeared first on CryptoSlate. дальше »

2023-5-16 15:00


Texas embraces greener Bitcoin mining with approval of flare gas emission bill

The Texas House and Senate have passed House Bill 591 – paving the way for Bitcoin miners to use flare gas emissions. Good for the environment In a message from the Texas Blockchain Council, posted by the Documenting Bitcoin Twitter, it was explained that the bill “clarifies” the sale of flare emissions for use by […] The post Texas embraces greener Bitcoin mining with approval of flare gas emission bill appeared first on CryptoSlate. дальше »

2023-5-12 18:49


Elizabeth Warren calls crypto ‘method of choice’ for sanction evasion

Senator Elizabeth Warren testified before the Senate Armed Services Committee on May 4, where she emphasized crypto’s use in crime and sanctions evasion. Russia, North Korea’s crypto use in 2022 During her testimony, Warren said: “Cryptocurrency is now the method of choice for countries to evade sanctions so that they can fund weapons programs support […] The post Elizabeth Warren calls crypto ‘method of choice’ for sanction evasion appeared first on CryptoSlate. дальше »

2023-5-6 23:14


Bill on combating the financing of terrorism through cryptocurrencies has been submitted to the US Senate

The United States Senate has taken a significant step towards combating the financing of terrorism through cryptocurrencies by submitting a new bill to Congress. The bill, named the “Combating the Financing of Terrorism Act,” seeks to address the growing concern of terrorist organizations using digital currencies to fund their operations. дальше »

2023-5-3 13:00


Senators grill federal officials over lack of oversight into SVB, Signature Bank collapse

In a closely watched Senate hearing held on Mar 28, regarding the collapse of crypto-friendly banks Silicon Valley Bank (SVB) and Signature Bank, William Barr, a top official at the US Federal Reserve, acknowledged the potential benefits of testing for higher rates and expressed his plans to broaden the scope of future tests. дальше »

2023-3-29 23:39


U.S. Bank Regulators Investigating Leaders of the Failed Tech Banks

The Federal Deposit Insurance Corp. is investigating the actions of the leaders of Signature Bank and Silicon Valley Bank to hold them accountable for their collapses, said Chairman Martin Gruenberg, who detailed their mismanagement and dangerous business concentrations – especially in digital assets at Signature – in testimony prepared for a U.S. Senate hearing. дальше »

2023-3-28 21:46


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Washington Goes Back And Forth With Crypto – Here’s All The Buzz In One Place

Washington government officials have continued to view cryptocurrencies sceptically, and things might get grimmer for the fledgling asset class. The U.S. Senate Committee on Banking, Housing, and Urban Affairs recently met in an open session to conduct a hearing on digital assets in response to the turbulence plaguing the markets. The hearing, titled “Crypto Crash: […] дальше »

2023-3-20 22:10