In light of reports that Hamas, a Palestinian militant group, raised millions of dollars through crypto to fund attacks in Israel, U.S. Representative Sean Casten, a Democrat from Illinois, intends to introduce legislation to strengthen Bank Secrecy Act (BSA) requirements for digital asset transactions. Casten made this announcement during a hearing before the House Financial […]
US House Financial Services Committee
US Fed Chair Gives Juicy Comments on ‘FedCoin’ and Future of Cryptocurrency
The United States has made no efforts to hide the fact that it considered China its biggest rival in the financial world. China’s focus on the cryptocurrency field has also riled American officials and the Federal Reserve chair has been feeling the brunt because of it. In a sit down with the House Financial Services […]