Elizabeth Warren’s Digital Asset Anti-Money Laundering Act Gets Support From Both Sides Of The Aisle

Published by Benzinga Senator Elizabeth Warren’s (D-Mass.) Digital Asset Anti-Money Laundering Act has won the public endorsement of nine fellow senators. What Happened: Nine U.S. senators have publicly backed Warren’s initiative to curb illegal cryptocurrency activities, a press release said. The proposed legislation, dubbed the Digital Asset Anti-Money Laundering Act, aims to combat illicit activities […]

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FTX to Liquidate Assets: Will SOL Suffer?

FTX has spent the last few months sourcing ways to repay its creditors. In a hearing in April, FTX revealed that it has recovered almost $7.3 billion in liquid assets. Interestingly, $4.8 billion of that total consisted of assets retrieved as of November 2022. However, the exchange recently received clearance from a bankruptcy judge to […]

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Ripple v SEC Lawsuit Update Sep. 18

Ripple’s CEO – Brad Garlinghouse – and President Monica Long both said that the lawsuit with the US SEC will prompt the company to expand its team outside of the US.

Stablecoin supply down below $125 billion as capital continues to leak from crypto

Key Takeaways The total supply of stablecoins has fallen every month since UST collapsed in May 2023 Last month saw another $1.7 billion of outflows, the total supply now 33% off its peak Tether’s market share has increased amid stuttering rivals, but all other coins have seen large drawdowns Liquidity and volume in the space […]

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