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US Senator Elizabeth Warren Drafts New Crypto Legislation Targeting Russian Sanctions Evasion: Report

As tensions between the United States and Russia spread across numerous sectors, Senator Elizabeth Warren is looking to crack down on potential cryptocurrency loopholes. According to an NBC News report, the Massachusetts senator is drafting legislation to bolster sanctions the US imposed after Russia first invaded Ukraine two weeks ago. Warren recently co-signed a letter […]

The post US Senator Elizabeth Warren Drafts New Crypto Legislation Targeting Russian Sanctions Evasion: Report appeared first on The Daily Hodl.

EU, US Concerned Russia May Use Crypto to Avoid Sanctions

EU, US Concerned Russia May Use Crypto to Avoid Sanctions 1Quick take: Officials in the EU and US have expressed concerns that Russia might use cryptocurrencies to evade sanctions The EU is taking all measures to guarantee that digital assets will not be an alternative for Russia amidst sanctions US Senators have asked Treasury officials, how they are overseeing digital assets in the wake of sanctions against Russia Lawmakers and officials in the European Union and the United States, have expressed growing concern that Russia may use cryptocurrencies to circumvent […]

A Free-for-All But No Crippling Cyberattacks in Ukraine War

Russia has some of the best hackers in the world, but in the early days of the war in Ukraine, its ability to create mayhem through malware hasn’t had much of a noticeable impact.

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Cyber Attack Risks Poised to Soar as Russia Attacks Ukraine

Russia's military assault against Ukraine is likely to be accompanied by a wave of cyberattacks that could wreak havoc on computer systems far beyond the countries' borders, security experts warn.

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Crypto community slams ‘disastrous’ new amendment to Biden’s big infrastructure bill

Biden’s major bipartisan infrastructure plan struck a rare chord of cooperation between Republicans and Democrats, but changes it proposes to cryptocurrency regulation are...

U.S. senators urge barring Huawei, ZTE from $1.9 trillion gov’t funding measure

By David Shepardson WASHINGTON (Reuters) -Two U.S. senators on Wednesday said they are introducing a measure to prohibit funds in a $1.9 trillion...

US Senator Gary Peters Investigates Crypto and Ransomware, Introduces Legislation

US Senator Gary Peters, Chair of the Senate Homeland Security and Governmental Affairs Committee, has initiated bipartisan legislation targeting cybersecurity threats including the...

U.S. $4.7 billion grant program’s tech woes take toll on justice groups

By Sarah N. Lynch WASHINGTON (Reuters) - Glitches in a new system used to manage the U.S. Justice Department's $4.7 billion grant program...

U.S. senators propose 25% tax credit for semiconductor manufacturing

By David Shepardson WASHINGTON (Reuters) -A bipartisan group of U.S. senators on Thursday proposed a 25% tax credit for investments in semiconductor manufacturing...

Leading Company JBS Paid $11M in Bitcoin to Ransomware Hackers

World’s largest meatpacking company, JBS disclosed it paid $11 million in Bitcoin to hackers who organized a ransomware attack against its computer systems

U.S. officials alarmed by ransomware attack, mull stronger crypto regulation

With the recent ransomware attacks on some major American companies, two U.S. senators have expressed deep concerns about these incidents.  In the latest episode of NBC News’ “Meet the Press,” senators Roy Blunt and Mark Warner have talked about the dangers of the recent cyber attacks.  Both of them have proposed that stronger regulations must […]

The post U.S. officials alarmed by ransomware attack, mull stronger crypto regulation appeared first on BitcoinerX.

US senator: we haven’t figured out how to trace cryptocurrency… Why is this an issue?

The cryptocurrency businesses and holders in United States have been urging regulators to put guidelines in place, however, the lack of clarity still prevails. Concerns around crypto have taken preced

The post US senator: we haven’t figured out how to trace cryptocurrency... Why is this an issue? appeared first on AMBCrypto.

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