Bitcoin SV

<p><img src="https://media.licdn.com/dms/image/C4D0BAQGBc3KzyqgZpQ/company-logo_100_100/0/1630682957789/bsvblockchain_logo?e&#61;1718236800&amp;v&#61;beta&amp;t&#61;t-2XKdKJAybwdQw73oCoCPICxcznPzjEM3qVLLMlyE8" /></p><h2 id="header-0"><a href="https://www.linkedin.com/company/bsvblockchain/" rel="noopener noreferrer nofollow">BSV Blockchain</a></h2><p>House Majority Whip Tom Emmer calls for Congress to block the creation of a Federal Reserve CBDC in a podcast episode, while a D.C. federal jury finds Roman Sterlingov, operator of Bitcoin Fog, guilty of laundering millions, and the European Parliament approves sanctions rules affecting crypto service providers.</p><p>The BSV Blockchain Gazette is presented by Bryan Daugherty, Public Affairs Director of Americas for BSV Blockchain, featuring:</p><ul><li>House Majority Whip <a href="https://www.linkedin.com/in/tomemmer/" rel="noopener noreferrer nofollow">Tom Emmer</a> (R-MN)</li><li>Roman Sterlingov (Operator of Bitcoin Fog)</li><li><a href="https://www.linkedin.com/company/terraform-labs/" rel="noopener noreferrer nofollow">Terraform Labs</a></li><li><a href="https://www.linkedin.com/company/dentons/" rel="noopener noreferrer nofollow">Dentons</a></li><li><a href="https://www.linkedin.com/company/secgov/" rel="noopener noreferrer nofollow">SEC</a></li><li>US Patent and Trademark Office</li><li>US Copyright Office</li><li><a href="https://www.linkedin.com/company/de-nederlandsche-bank/" rel="noopener noreferrer nofollow">Dutch Central Bank</a></li><li><a href="https://www.linkedin.com/company/sveriges-riksbank/" rel="noopener noreferrer nofollow">Swedish Central Bank</a> Governor (Erik Thedeen)</li></ul><h3 id="us">US</h3><h3 id="house-majority-whip-calls-for-congressional-block-on-federal-reserve-cbdc-in-podcast">House Majority Whip calls for congressional block on Federal Reserve CBDC in podcast</h3><p>In a <a href="https://bankingwithinterest.libsyn.com/whip-emmer-on-cbdcs-junk-fees-crypto-and-community-banks" rel="noopener noreferrer nofollow">Banking with Interest podcast episode</a>, House Majority Whip Tom Emmer (R-MN) argued that Congress should preemptively block the Federal Reserve from creating a CBDC.</p><h3 id="bitcoin-fog-operator-convicted-of-laundering-millions-by-d-c-federal-jury">Bitcoin Fog Operator convicted of laundering millions by D.C. Federal Jury</h3><p>A Washington D.C. federal jury found Roman Sterlingov, the operator of crypto mixing service Bitcoin Fog, guilty of laundering tens of millions of dollars in transactions linked to illicit activities on darknet marketplaces.</p><h3 id="terraform-labs-granted-special-counsel-despite-objections-in-bankruptcy-case">Terraform Labs granted Special Counsel despite objections in bankruptcy case</h3><p>US Bankruptcy Judge Brendan Shannon granted Terraform Labs’ request to retain Dentons as its special counsel in the bankruptcy proceeding, after the request sparked objections from the US Trustee’s Office and the SEC.</p><h3 id="us-intellectual-property-offices-advise-against-nft-linked-ip-law-changes">US Intellectual Property Offices advise against NFT-Linked IP law changes</h3><p>The US Patent and Trademark Office and the US Copyright Office submitted a report to Congress outlining the intellectual property implications of NFTs, identifying opportunities and concerns while advising against changing IP law as a result.</p><h3 id="eu-uk">EU/UK</h3><h3 id="eba-releases-final-standards-for-handling-complaints-on-asset-referenced-tokens">EBA releases final standards for handling complaints on asset referenced tokens</h3><p>The European Banking Authority (EBA) <a href="https://www.eba.europa.eu/sites/default/files/2024-03/22e7f584-a1d9-44eb-8b07-ab0bdbb3b4d2/Draft%20RTS%20on%20complaints%20handling%20under%20MiCAR.pdf" rel="noopener noreferrer nofollow">published final draft technical standards</a> on requirements, templates, and procedures for handling complaints received by issuers of asset referenced tokens under MiCA.</p><h3 id="european-parliament-approves-sanctions-rules-affecting-crypto-service-providers">European Parliament approves sanctions rules affecting crypto service providers</h3><p>The European Parliament approved a new set of sanctions rules, which also apply to crypto service providers and can involve freezing assets including crypto.</p><h3 id="uk-treasury-proposes-changes-to-crypto-oversight-in-money-laundering-regulations">UK Treasury proposes changes to crypto oversight in money laundering regulations</h3><p>The UK Treasury <a href="https://www.gov.uk/government/consultations/improving-the-effectiveness-of-the-money-laundering-regulations" rel="noopener noreferrer nofollow">released a consultation on changes to money laundering regulations</a>, including several modifications to how crypto asset service providers are overseen.</p><h3 id="dutch-central-bank-fines-crypto-com-for-operating-without-registration">Dutch Central Bank fines Crypto.com for operating without registration</h3><p>The Dutch central bank fined Crypto.com $3.11 million for offering its services in the Netherlands without proper registration.</p><h3 id="swedish-central-bank-governor-advocates-minimal-btc-presence-in-national-finance">Swedish Central Bank Governor advocates minimal BTC presence in national finance</h3><p>Swedish central bank governor Erik Thedeen told reporters that he wants “as little BTC as possible in the Swedish financial system.”</p>

European Parliament Passes Sanctions Legislation Targeting Crypto Service Providers

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