Tether announces wallet-freezing policy for OFAC-sanctioned persons
Tether is expanding control sanctions to the secondary market in an effort to cooperate with regulators in the United States. Go to Source
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Crypto lawyer wants to depose Changpeng Zhao for civil case
The Moskowitz Law Firm, which represented many crypto investors in class-action lawsuits, cited the former Binance CEO’s “unique knowledge” of issues in calling for his deposition. Go to Source
US senators target crypto in bill enforcing sanctions on terrorist groups
Senator Elizabeth Warren isn’t leading the charge on this bill linking crypto transactions to terrorism — it comes from Senators Mitt Romney, Mark Warner, Mike Rounds and Jack Reed. Go to Source
Bitcoin’s many deaths: Is crypto market past ‘point of no return?’
Bitcoin has been declared dead more times than you’d think amid downswings in the market, but it’s always managed to bounce back. Go to Source
SEC discussing ‘key technical details’ with spot crypto ETF applicants: Report
In November, the commission separately met with representatives of BlackRock and Grayscale to discuss their spot crypto exchange-traded funds. Go to Source
Montenegrin official plans to extradite Do Kwon to the United States: Report
The Terraform Labs co-founder had been awaiting extradition to either the United States or South Korea after being arrested and charged in Montenegro. Go to Source
AI regulations in global focus as EU approaches regulation deal
Concerns over potential misuse of AI have prompted the U.S., U.K., China, and the G7 to speed up regulation of the technology, though Europe is already way ahead. Go to Source
‘If I was the government, I’d close it down’ — Chase CEO on crypto
Jamie Dimon has previously referred to cryptocurrencies as “decentralized Ponzi schemes” and Bitcoin as a “fraud.” Go to Source
US senators drill into FTC’s work to track AI attacks on older citizens
The senators asked the FTC chair four questions about AI scam data collection practices to find out if the commission can identify AI-powered scams and address them accordingly. Go to Source
US crypto firms spent more on lobbying in 2023 than before FTX collapse: Report
Government transparency group Open Secrets reported U.S. crypto firms spent roughly $19 million on lobbying from January to September 2023. Go to Source