Ron Conway, a prominent Democratic donor and tech billionaire, has severed ties with a network of crypto super PACs after they pledged $12 million to defeat Sen. Sherrod Brown (D-OH) without his prior knowledge. The move, Conway argues, jeopardizes ongoing efforts to pass crypto-friendly legislation in Congress, a mission he’s been actively supporting through his connections with key Democratic lawmakers,…
The Bank of Ghana has released draft regulations aimed at creating a framework for the cryptocurrency industry. The rules are designed to protect consumers, prevent financial crimes, and encourage financial inclusion. Virtual asset service providers (VASPs) will be required to register and meet strict standards, while commercial banks are prohibited from dealing directly with virtual […] Source: https://news.bitcoin.com/bank-of-ghana-unveils-proposed-virtual-asset-regulations/
Bitcoin’s major sell-offs are over and now analysts see the US election and global liquidity as the next big drivers for Bitcoin. Source: https://cointelegraph.com/news/bitcoin-price-bullish-liquidity-united-states-election-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
A Messari data engineer has called it the “most extractive crypto phenomenon” since the ICO boom, but the jury’s still out on that one. Source: https://cointelegraph.com/news/debate-continues-memecoins-positive-destructive-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Supreme People’s Procuratorate said there has been a 20-fold increase in people prosecuted for money laundering since 2019. Source: https://cointelegraph.com/news/china-revises-anti-money-laundering-law-include-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
A former CEO of the defunct Kansas Heartland Tri-State Bank has been sentenced to more than 24 years in prison for embezzling funds via crypto and ultimately sinking the bank. The actions of Shan Hanes subsequently led the bank to fail at a “complete loss of equity for investors,” according to a Monday statement from the U.S. Attorney’s Office for…
The Seychelles National Assembly has approved a draft bill to regulate virtual asset service providers (VASPs). The bill requires license-seeking VASPs to establish a substantial presence in Seychelles, such as having a resident director and an office with competent staff. The law aims to balance innovation with anti-money laundering efforts, adhering to Financial Action Task […] Source: https://news.bitcoin.com/seychelles-approves-bill-on-virtual-asset-regulation/
A Miami judge didn’t dismiss a claim that basketball legend Shaquille O’Neal was a “seller” of Astrals NFTs and found they could be securities under US law. Source: https://cointelegraph.com/news/shaquille-o-neal-to-face-allegations-astral-nft-lawsuit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
While the Republican platform addresses the issue of cryptocurrency and bitcoin, the Democratic Party’s latest platform remained silent on the matter. Adding to the buzz, there are whispers that Kamala Harris’s campaign might be eyeing Gary Gensler, the current head of the U.S. Securities and Exchange Commission, for the role of Treasury Secretary. Democrats’ Latest […] Source: https://news.bitcoin.com/kamala-harriss-alleged-crypto-reset-absent-in-democratic-agenda/
A cough is a clear sign that something may be amiss with your health, but how much information can be derived from how it sounds? A new report highlighted by Google Research on Tuesday said a team of researchers in India is using an AI model developed by Google to “hear” specific respiratory diseases, including tuberculosis (TB) and chronic obstructive…
