US Senator Urges Regulators to Increase Scrutiny on Crypto as It Risks Undermining Sanctions Against Russia
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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…
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Russia, which yesterday imposed a 6-year ban on cryptocurrency mining in 10 regions, made a move against Bitcoin (BTC). According to Reuters, Finance Minister Anton Siluanov said that Russia has started using Bitcoin in foreign trade. Russian Finance Minister Anton Siluanov said that Russian companies started using Bitcoin and other…
Key Highlights Senator Elizabeth Warren has urged the OCC to delay World Liberty Financial’s bank charter review. The firm, co-founded by President Donald Trump, is seeking approval as a stablecoin-focused trust bank. Warren cited conflicts of interest and called for divestment before any regulatory decision. U.S. Senator Elizabeth Warren is…