Author: Cointelegraph by Vince Quill

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Chinese gov't mulls anti-money laundering law to 'monitor' new fintech

According to the Chinese government, 1,391 individuals have been prosecuted on money laundering-related charges in the first half of 2024.…
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Bitfarms accelerates 2.2 EH/s hosting agreement with Stronghold

According to Bitfarms, the mining hardware was originally scheduled to be deployed in Yguazu, Paraguay sometime in December 2024.  Source…
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Crypto may swing election in battleground states — law professor

According to a 2024 analysis by the Federal Reserve, 7% of adults in the United States currently hold or have…
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SEC softens stance around SAB-121: Galaxy Research

In May, United States congressional lawmakers voted to repeal Staff Accounting Bulletin-121 in a 228-182 bipartisan vote. Source link

Consumer protection watchdog warns about Tether's reserves

According to the S&P Global ratings agency, Tether scored a 4 out of 5 on its stability assessment, with 5…
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US diplomats pressure Nigeria to release detained Binance exec

Tigran Gambaryan, a United States citizen and former Internal Revenue Service agent, has been detained in Nigeria since February 2024.…
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AI execs visit White House to discuss energy infrastructure

According to a Goldman Sachs report, the demand for electrical power in the United States will have grown by approximately…
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Coinbase launches 'cbBTC' wrapped Bitcoin digital asset

The exchange announced that cbBTC is now available in the United Kingdom, Australia, Singapore, and all US states except New…
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Ex-Alameda CEO was trying to prevent ‘AI disaster’ — former FTX employee

Caroline Ellison’s ex-boyfriend, Sam Bankman-Fried, was sentenced to 25 behind bars for his role in the collapse of the FTX…
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US companies forecast to buy $10.3B in Bitcoin over next 18 months — Report

The report claimed, a cash treasury “supplemented with a 3% allocation to Bitcoin” would have shielded companies from inflation since…
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