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New US Senate Bill Eyes Strict AML Rules for DeFi
The U.S. Senate is considering a new bill aimed at imposing strict anti-money laundering (AML) rules on decentralized finance (DeFi) protocols.
The Crypto-Asset National Security Enhancement Act of 2023 targets entities controlling DeFi protocols or providing their applications. It requires customer vetting, AML programs, and reports of suspicious activities.
In absence of a controlling entity, anyone investing over $25 million in a protocol's development would be responsible. 
Another one steps up!
Valkyrie's spot Bitcoin ETF application has officially entered the review stage at the U.S. Securities and Exchange Commission (SEC). It comes right after BlackRock's recent submission.
Here's an interesting detail: this ETF has been given the ticker symbol BRRR, a sound crypto enthusiasts often equate with the whir of a money printing machine!
The SEC has a window of up to 45 days (which can be extended to 90 days in special cases) to review Valkyrie's application. 
BlackRock CEO Larry Fink Predicts a Promising Future for Crypto
BlackRock Inc. and its CEO, Larry Fink, have unexpectedly become allies of the U.S. crypto sector. The world's largest investment company is engaged in active dialogues with regulators, doing its utmost to revamp the image of cryptocurrency. Crypto Communities: Advantages and Challenges of the Core Team
Decentralization represents a more advanced and evolutionary approach to managing resources, finances, and projects. Under this model, there is no centralized authority or single individual responsible for making all decisions. However, without a Decentralized Autonomous Organization (DAO), the weaknesses of decentralization have to be resolved within the core team itself. 
Escalating Crypto Scams Opt for Alternatives, Deserting Bitcoin
TRM Labs, a premier blockchain analytics company, has issued its "2022 Illicit Crypto Ecosystem Report," providing an in-depth examination of the various scams prevalent within the cryptocurrency landscape. We take a look at the crucial takeaways. Ben Armstrong (BitBoy Crypto): Provocative Presence in Crypto
Known as BitBoy Crypto, Ben Armstrong is one of the most prominent and effervescent crypto influencers, regularly appearing as a speaker at blockchain events, podcasts, and shows. His net worth is estimated at 30 million dollars, and his occasionally contentious earning methods have ruffled feathers within the crypto circle. From Suits to Satoshi: Bankers Flock to the Crypto Industry
Even in the face of regulatory challenges and the persistent downturn of 2022, former bankers who've made the shift to the crypto industry, particularly those from the traditional finance (TradFi) sector, seem uninterested in reverting to the old fiat-banking system. 
10 Tragic Tales of Lost Digital Riches
Throughout the history of the crypto market, there have been countless instances where folks have lost their hard-earned digital fortunes. Many experts believe that almost 20% of all Bitcoins have vanished forever. Here are some of the most educational and sobering tales. FSB's Crypto Guidelines Greeted Positively by G20 Leaders
The Financial Stability Board's (FSB) guidelines on crypto assets and international stablecoin operations have gained support from the Group of Twenty (G20) nations. This development was announced by Nirmala Sitharaman, India's Finance Minister, in a press briefing on Tuesday. Currently, India holds the presidency of the G20. 
Unlock Financial Freedom with Creditcoin's CTC Token
Creditcoin, a crypto lending/borrowing solution, utilizes its native CTC token for transaction fees and mining rewards. This review examines the project's origins, infrastructure, ICO funding, and competition with Compound. It also analyzes the tokenomics behind CTC's distribution. Dive in! 