Bitcoin SV

<p><img src="https://media.licdn.com/dms/image/C4D0BAQGBc3KzyqgZpQ/company-logo_100_100/0/1630682957789/bsvblockchain_logo?e&#61;1715212800&amp;v&#61;beta&amp;t&#61;mggQhFIPzBx6mgiuC2vWJTd-_FiIqSAgBHuEtocGOJw" /></p><h2 id="header-0"><a href="https://www.linkedin.com/company/bsvblockchain/" rel="noopener noreferrer nofollow">BSV Blockchain</a></h2><p>Senator Elizabeth Warren (D-MA) is calling for cryptocurrency regulation in response to a GAO report, highlighting the importance of digital assets adhering to anti-money laundering rules. In a parallel move, the Treasury Department&#39;s OFAC is implementing a fifth round of sanctions on Hamas, specifically targeting affiliated financial exchanges in Gaza, which include those involved in cryptocurrency transactions.</p><p>The BSV Blockchain Gazette is presented by Bryan Daugherty, Global Policy Director for the BSV Blockchain Association, featuring:</p><ul><li>Sen. <a href="https://www.linkedin.com/in/senatorelizabethwarren/" rel="noopener noreferrer nofollow">Elizabeth Warren</a> (D-MA)</li><li>The <a href="https://www.linkedin.com/company/us-treasury/" rel="noopener noreferrer nofollow">Treasury Departmen</a>t&#39;s Office of Foreign Assets Control</li><li><a href="https://www.linkedin.com/company/commodity-futures-trading-commission/" rel="noopener noreferrer nofollow">CFTC</a> Commissioner <a href="https://www.linkedin.com/in/kristin-johnson-a28b33193/" rel="noopener noreferrer nofollow">Kristin Johnson</a></li><li>Crypto Exchange Debiex</li><li>The <a href="https://www.linkedin.com/company/usdoj/" rel="noopener noreferrer nofollow">Justice Department</a></li><li>Peter Kambolin (convicted for fraud)</li><li>USI Tech</li><li>Marco Ruiz Ochoa (convicted for promoting a Ponzi scheme)</li><li><a href="https://www.linkedin.com/company/terraform-labs/" rel="noopener noreferrer nofollow">Terraform Labs</a></li></ul><h3 id="sen-elizabeth-warren-calls-for-crypto-regulation-in-light-of-gao-report-on-sanctions-evasion">Sen. Elizabeth Warren calls for crypto regulation in light of GAO report on sanctions evasion</h3><p>Sen. Elizabeth Warren (D-MA) tweeted about a GAO report outlining how digital assets are used to evade the impacts of sanctions, arguing that crypto must “follow the same anti-money laundering rules as everyone else.”</p><h3 id="treasury-department-imposes-fifth-round-of-sanctions-on-hamas-targets-crypto-exchanges-in-gaza">Treasury Department imposes fifth round of sanctions on hamas, targets crypto exchanges in Gaza</h3><p>The Treasury Department’s Office of Foreign Assets Control (OFAC) imposed a fifth round of sanctions on Hamas, targeting networks of Hamas-affiliated financial exchanges in Gaza, including crypto exchanges.</p><h3 id="cftc-commissioner-urges-public-vigilance-amid-lawsuit-against-debiex-crypto-exchange">CFTC Commissioner urges public vigilance amid lawsuit against Debiex crypto exchange</h3><p>CFTC Commissioner Kristin Johnson released a statement on the agency’s lawsuit against crypto exchange Debiex, encouraging members of the public to stay informed about potential fraud and abuse in digital asset markets.</p><h3 id="crypto-trader-sentenced-to-two-years-for-operating-34-cherry-picking-34-scheme-with-futures-contracts">Crypto trader sentenced to two years for operating &#34;Cherry-Picking&#34; scheme with futures contracts</h3><p>The Justice Department sentenced crypto trader Peter Kambolin to two years in prison for operating a “cherry-picking” scheme involving cryptocurrency futures contracts.</p><h3 id="founder-of-usi-tech-charged-with-defrauding-investors-of-over-150-million-in-crypto-mining-scheme">Founder of USI Tech charged with defrauding investors of over $150 Million in crypto mining scheme</h3><p>The US Attorney’s Office for the Eastern District of New York charged the founder of crypto mining company and digital asset trading platform USI Tech with defrauding investors of over $150 million.</p><h3 id="marco-ruiz-ochoa-receives-five-year-prison-sentence-for-involvement-in-crypto-ponzi-scheme">Marco Ruiz Ochoa receives five-year prison sentence for involvement in crypto Ponzi scheme</h3><p>The US Attorney’s Office for the Southern District of New York sentenced Marco Ruiz Ochoa to five years in prison for his role in promoting a crypto Ponzi scheme known as IcomTech.</p><h3 id="terraform-labs-files-for-chapter-11-bankruptcy-protection-in-delaware">Terraform Labs files for chapter 11 bankruptcy protection in Delaware</h3><p>Terraform Labs filed for Chapter 11 bankruptcy protection in Delaware.</p>

Senator Elizabeth Warren Urges Stricter Crypto Regulations Following GAO Report

Table of Contents

BSV Blockchain

Other articles published on Feb 5, 2024

South Korean Officials Will Meet with SEC Chairman Gary Gensler: Bitcoin Will Be the Main Agenda!

Sui’s Astounding DeFi Growth Continues into 2024 as TVL Breaks the $500M Barrier

Merlin Chain Secures Funding to Empower "Bitcoin-native" Innovations

Voodoo Launches Innovative Intent Perpetual DEX in Upcoming Public Sale LBP (5 Feb)

Terra CFO extradited to South Korea, Do Kwon awaits court decision

YouTube Music and Premium surpasses 100 Million Subscribers worldwide

Join our free newsletter for daily crypto updates!