Category: Law of the Chain
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GENIUS Act spurs Treasury AML tech review with 200+ firms by 2023
The GENIUS Act prompts Treasury to seek feedback on AML tech, involving Bitcoin and Ethereum. Over 200 firms may respond by Q4 2023.
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US Treasury opens 60-day comment period for GENIUS stablecoin bill
US Treasury seeks public input on GENIUS stablecoin bill by March 15, involving Bitcoin, Ethereum, and 60-day review period for crypto regulations.
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SEC delays XRP ETF decision as whales accumulate 120M tokens in 2024
SEC delays XRP ETF decisions; whales acquire 120M tokens. XRP price fluctuates amid regulatory uncertainty. Ripple and SEC continue legal battle over 2020 lawsuit.
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Sherrod Brown confronts crypto PAC in 2024 Senate reelection bid
Sherrod Brown faces crypto PAC opposition in 2024 Senate race; Bitcoin and Ethereum mentioned; 12% of US voters consider crypto a key issue.
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Ian Balina sentenced to 5 years for Ethereum and Monero cryptojacking scheme
Crypto influencer Ian Balina sentenced to 5 years for cryptojacking scheme involving Ethereum and Monero, affecting over 10,000 victims globally.
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U.S. Treasury collects feedback on GENIUS Act stablecoin rules for 2024
The U.S. Treasury requests feedback on GENIUS Act stablecoin regulations, involving USDC and Tether, impacting 2024 crypto policies with $130B market value.
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Texas residents push for Bitcoin mining regulations over 127 TWh energy use
Rural Texans advocate for Bitcoin mining regulations due to noise pollution. Bitcoin (BTC) mining consumes 127 terawatt-hours annually, raising local concerns in Texas.
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US Treasury enforces GENIUS Act, opens public consultation on $130B stablecoin market
The US Treasury progresses GENIUS Act implementation, soliciting public feedback on stablecoin regulation. Tether (USDT) and USD Coin (USDC) dominate the $130B market.
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SEC extends XRP ETF review by 45 days affecting Grayscale and Bitwise
SEC delays decision on three XRP ETFs including Grayscale and Bitwise; 2024 review extended by 45 days amid regulatory scrutiny.
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China Merchants Bank subsidiary launches Hong Kong crypto exchange in 2023
China Merchants Bank subsidiary CMB Wing Lung launched a licensed crypto exchange in Hong Kong, joining HashKey and OSL in serving 8 million residents.
