U.S. Senator Elizabeth Warren and 10 other lawmakers have introduced the “Digital Asset Sanctions Compliance Enhancement Act of 2022.” The bill “would place sweeping restrictions on persons who build, operate, and use cryptocurrency networks even if they have no knowledge or intent to help evade sanctions,” an expert said. Lawmakers Unveil Digital Asset Sanctions Compliance […]
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US Senator Urges Regulators to Expand Scrutiny on Crypto as It Dangers Undermining Sanctions In opposition to Russia
U.S. Senator Elizabeth Warren is worried that “cryptocurrencies risk undermining sanctions against Russia.” She urges financial regulators “to take this threat seriously and increase their scrutiny of digital assets.” Senator Elizabeth Warren Worried Russia Could Use Cryptocurrency to Evade Sanctions As governments worldwide are placing sanctions on Russia following its invasion of Ukraine, U.S. Senator […]
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US Senator Says He’s Bullish on Bitcoin Because It’s Decentralized, Uncontrollable
U.S. Senator Ted Cruz says one of the reasons he is so bullish on bitcoin is because it is decentralized and not controllable. He added that “China recently banned bitcoin because they can’t control it, which is the exact same reason Elizabeth Warren hates bitcoin.” US Senator Bullish on Bitcoin U.S. Senator Ted Cruz from […]
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Senator Rand Paul Warns the US Has Equivalent Statutes to Emergencies Act in Canada
U.S. Senator Rand Paul says “statutes that allow presidents or heads of state to invoke emergencies are very, very dangerous.” Commenting on Canada’s Emergencies Act invoked by the Trudeau government, the senator warned, “We have the same sort of statutes here.” Senator Rand Paul Warns of Emergency Act in the US U.S. Senator Rand Paul […]