Ripple CEO Brad Garlinghouse has voiced strong opposition to the creation of a Bitcoin-exclusive strategic reserve, arguing that such a reserve should reflect the broader crypto industry rather than favoring a single token. Garlinghouse Pushes for a Multi-Token Reserve Garlinghouse emphasized that XRP should be included in any digital asset reserve, along with other major … Continue reading "Ripple CEO Opposes Bitcoin Reserve, Advocates for Multi-Token Approach" The post Ripple CEO Opposes Bitcoin Reserve, Advocates for Multi-Token Approach appeared first on Cryptoknowmics-Crypto News and Media Platform .
2025-01-28 07:55
In a historic move, the United States Senate has established the first-ever Digital Assets Subcommittee, signaling a greater focus on crypto regulation and integration into the financial system. Cynthia Lummis Leads Bipartisan Crypto Initiative Senator Cynthia Lummis of Wyoming, appointed by Senate Banking Committee Chair Tim Scott, will lead the eight-member bipartisan team dedicated to … Continue reading "U.S. Senate Forms First Digital Assets Subcommittee to Regulate Crypto" The post U.S. Senate Forms First Digital Assets Subcommittee to Regulate Crypto appeared first on Cryptoknowmics-Crypto News and Media Platform .
2025-01-28 07:19
In a major crackdown, KuCoin has pleaded guilty to violating U.S. anti-money laundering (AML) laws, agreeing to pay $297 million in fines and exit the U.S. market for at least two years. The China-based crypto exchange admitted to operating an unlicensed money-transmitting business and failing to implement proper know-your-customer (KYC) protocols. Billions in Suspicious Transactions … Continue reading "KuCoin Pleads Guilty to AML Violations, Fined $297 Million" The post KuCoin Pleads Guilty to AML Violations, Fined $297 Million appeared first on Cryptoknowmics-Crypto News and Media Platform .
2025-01-28 07:04
KuCoin Pleads Guilty to AML Violations, Fined $297 Million