Railgun under scrutiny for alleged use by North Korean threat actors

cryptobriefing.com Railgun, a crypto privacy protocol once labeled a “prime alternative to Tornado Cash” by blockchain security firm Elliptic, has denied allegations that U.S.-sanctioned…

US senators propose bipartisan stablecoin bill opening door to FDIC insurance in US

cryptoslate.com US senators Cynthia Lummis and Kirsten Gillibrand have jointly unveiled bipartisan legislation aimed at creating a clear regulatory framework for payment stablecoins,…

Vitalik Buterin’s RailGun advocacy triggers sharp rise in privacy tokens

cryptoslate.com Ethereum co-founder Vitalik Buterin emphasized the importance of privacy in crypto transactions amid reports that he used the privacy tool RailGun to obfuscate his…

Crypto Industry Needs ‘Light’ Regulatory Framework to Combat Risks: US Sen. Thom Tillis

cryptonews.com The US Republican Senator Thom Tillis has called for a new regulatory framework for the crypto industry, which would “create the most hospitable environment for digital…

Senator Tim Scott accuses Biden admin of using crypto as ‘scapegoat’ on illicit finance

cryptobriefing.com During a Senate hearing on April 9, Senator Tim Scott accused the current US administration of making digital assets a scapegoat in its efforts to combat terrorism financing…

US senator claims Biden administration uses crypto as ‘scapegoat’ to mask failures in halting illicit finance

cryptoslate.com In a pointed critique during a Senate hearing on April 9, Senator Tim Scott accused the current US administration of making digital assets the “scapegoat” in efforts to…

US Treasury official outlines proposals for tighter crypto crime control

cointelegraph.com U.S. Deputy Treasury Secretary Adewale Adeyemo told the Senate Banking Committee that terrorists prefer cash, but the department is worried about crypto’s growth.

US Treasury official targets Tether USDT stablecoin in Russian sanction evasion

cryptoslate.com US Treasury Deputy Secretary Adewale Adeyemo said Russia was increasingly using alternative payment mechanisms like Tether’s USDT stablecoin to bypass economic sanctions,…

US Treasury official calls on Congress for ‘necessary tools’ to fight crypto-linked illicit finance

theblock.co Treasury Deputy Secretary Adewale Adeyemo said that the use of crypto by bad actors will only grow without necessary authoritative tools.