Jack Reed News

19.07 / 18:35

regulation Decentralization Congress ATM legislation FinCEN U.S. Crypto security Bipartisan bill to regulate DeFi, crypto security risks introduced into US Senate

United States Sen. Jack Reed sponsored a bipartisan bill introduced into the Senate on July 18 that would tighten Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations and sanctions requirements for decentralized finance (DeFi). According to a news release on Reed’s website, the bill is titled the Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act.

10.11 / 11:37

markets Career Election President Experts Department How a Trump presidency could lead to a purge at the Pentagon

Donald Trump vowed to purge the military of so-called «woke» generals. Now that he is president-elect, the question in the halls of the Pentagon is whether he would go much further. Trump is expected to have a far darker view of his military leaders in his second term, after facing Pentagon resistance over everything from his skepticism toward NATO to his readiness to deploy troops to quell protests on U.S. streets. Trump's former U.S. generals and defense secretaries are among his fiercest critics, some branding him a fascist and declaring him unfit for office. Angered, Trump has suggested that his former chairman of the Joint Chiefs of Staff, Mark Milley, could be executed for treason.

16.09 / 13:52

Target CEO Action Trade reports Features Lawmakers Call on Crypto ATM Operators to Combat Fraud as Losses Mount to $65M

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

15.03 / 22:51

SEC crypto regulation Bitcoin Etf Democratic Senators Urge SEC Chair Gensler Against Crypto ETF Approvals, Cite “Significant” Risks

Democratic Senators Laphonza Butler (D-CA) and Jack Reed (D-RI) are pushing United States Securities and Exchange Commission (SEC) Chair Gary Gensler to “strictly limit” the approval of crypto-based ETFs, in a March 11 letter addressed to Gensler.

29.01 / 03:23

Waters President War Updates US army in Jordan faces deadly 'drone attack'; points blame on Iran-backed groups | Top 10 updates

Iran-backed Houthi forces in Yemen who are regularly attacking commercial ships passing through Red Sea waters off Yemen's coast. While the United States has thus far maintained an official line that Washington is not at war in the region, it has been retaliating against the Iran-backed groups in Iraq and Syria and carrying out strikes against Yemen's Houthi military capabilities.

22.11 / 01:43

Digital regulation Nov banking committee compliance Senate Banking Committee Democrats warn SoFi about meeting its compliance deadline

Chairman of the United States Senate Banking Committee Sherrod Brown and three other Democratic committee members sent letters Nov. 21 to federal officials and to Anthony Noto, president of SoFi Technology. They expressed concern about the online bank’s efforts to conform to Federal Reserve Board requirements and nonbank digital asset trading activities conducted through SoFi Digital Assets.

03.03 / 06:59

Ethereum cryptocurrency BTC Mark Warner Cryptocurrency Prices Today: Bitcoin trading above $43,000; ETH in green

The global cryptocurrency market capitalisation fell 0.65 percent over the last 24 hours to $1.92 trillion, while trading volumes fell 9.97 percent to $94.83 billion during the same period.

02.03 / 21:17

Government Mark Warner lawmakers US lawmakers US lawmakers and Fed chair push for crypto regulation in wake of Russia sanctions

Federal Reserve Chair Pro Tempore Jerome Powell and some members of the U.S. House of Representatives called for congressional action on crypto in response to discussions about Russia potentially evading sanctions.

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