EU Parliament Passes Anti-Money Laundering Legislation, Extends Oversight to Cryptocurrency
EU Parliament endorses stricter anti-money laundering laws. Centralized oversight, enhanced due diligence for sectors including crypto.
Xu LinEU Parliament endorses stricter anti-money laundering laws. Centralized oversight, enhanced due diligence for sectors including crypto.
Xu LinIO.net announces IO token launch post-Bitcoin halving, aiming to enhance network capabilities, decentralize power, and foster community engagement.
WeiliangDepin+AI+Sol Ecology=2024 King Bomb Combination, the protagonist of today’s article is io.net.
JinseFinanceGlobal AML scrutiny shifts to fintech, crypto sectors with $5.8B in fines last year, surpassing traditional finance penalties. Regulatory oversight intensifies, posing challenges for newer market entrants. Future demands balance between innovation and compliance.
Xu LinJonathan Hall, the UK's terrorism advisor, calls for new laws holding individuals accountable for AI chatbot outputs, citing concerns about extremist content on Character.AI. Legal gaps and global debates on AI legislation highlight challenges in balancing accountability with technological innovation.
Cheng YuanUS Senators introduce the Terrorism Financing Prevention Act, aiming to combat cryptocurrency's role in funding terrorism, prompted by the October Hamas attack on Israel.
Hui XinCrypto industry and its proponents argue that the proposed bill is vague, broad-reaching, and unconstitutional.
BeincryptoTech lawyer Preston Byrne slammed the signatories, saying some of them were "literal attention seekers".
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