U.S
Pro-Blockchain Bill Clears Hurdle in U.S. House
Another crypto bill has cleared the goal posts of a committee in the U.S. House of Representatives, with the unanimous approval of legislation that would direct the U.S. Secretary of Commerce to support blockchain technology. Source link
Hong Kong Crypto Exchange Bitzlato Co-Founder Pleads Guilty to U.S. Money Transmitter Charge
Anatoly Legkodymov, a co-founder of Hong Kong-based crypto exchange Bitzlato, pleaded guilty to operating an unlicensed money transmitter tied to allegations that the exchange processed funds from ransomware attacks, illicit drug deals and other crimes, U.S. officials announced Wednesday. Source link
U.S., South Korea, Japan Discuss North Korean Crypto Thefts in Trilateral Meeting
U.S. National Security Advisor Jake Sullivan, Republic of Korea National Security Advisor Cho Tae-Yong and Japan National Security Advisor Takeo Akiba met in Seoul, South Korea to discuss various issues, including the Democratic People’s Republic of Korea (DPRK, the official name for North Korea) and its ongoing weapons of mass destruction program, a White House…
Crypto Provisions Dropped From 2023 U.S. Defense Bill
Two crypto provisions addressing anti-money-laundering concerns were dropped from a joint version of the National Defense Authorization Act, a military-funding bill viewed as must-pass legislation, ending a backdoor effort to get digital-asset rules passed this year in the U.S. Source link
Bitcoin Price (BTC) Dips as U.S. November Job Growth of 199K Tops Estimates
The price of bitcoin (BTC) fell about 0.5% in the minutes following Friday morning’s release to $43,500. In traditional markets, interest rates are shooting higher, with the 10-year U.S. Treasury yield up 8 basis points to 4.24%. U.S. stock index futures have turned lower, the Nasdaq 100 off 0.7%. Source link
Bipartisan Anti-Crypto Terror Financing Bill Heads to U.S. Senate
“The Terrorist Financing Prevention Act of 2023, introduced by the Senators, aims to prevent Foreign Terrorist Organizations and their financial enablers, including those using digital assets, from accessing U.S. financial institutions, imposing sanctions and strict regulations to counteract these activities,” the bill reads. Source link
Do Kwon Faces Extradition From Montenegro to U.S. for Charges Tied to UST and LUNA Collapse: WSJ
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Binance Founder Changpeng ‘CZ’ Zhao Stuck in U.S. Until Sentencing
Binance founder and former CEO Changpeng Zhao (CZ) cannot return to the United Arab Emirates before his sentencing, a federal judge ruled Thursday night. Zhao, who pleaded guilty to one charge of violating the Bank Secrecy Act last month, is set to be scheduled in February 2024. He was released on a $175 million personal…