SOURCE: rollcall.com

US House Ties CBDC Ban to Defense Policy Bill

In a significant move impacting the future of digital currency, the US House of Representatives has inserted a sweeping provision into its annual defense policy legislation that would prohibit the Federal Reserve from developing or issuing a central bank...

source: news.bitcoin.com

Bitcoiner Loses $91M to Sophisticated Social Engineering Scam

A Bitcoin investor has fallen victim to a massive social engineering scheme, losing 783 BTC—valued at roughly $91 million—in a single transaction earlier this week. Blockchain investigator ZachXBT revealed the exploit in an X post on Thursday, noting that...

source: webopedia.com

ASIC Ramps Up Online Scam Crackdown as Crypto Frauds Persist

Australia’s corporate watchdog is intensifying its war on online scams after removing more than 14,000 fraudulent websites since mid-2023, with thousands linked to cryptocurrencies. The Australian Securities and Investments Commission (ASIC) revealed on Thursday that over 3,000 of those...

source: linkedin.com

AUSTRAC Orders Independent Audit of Binance Australia Over AML Concerns

Australia’s financial intelligence agency, AUSTRAC, has ordered Binance Australia to undergo an independent audit following concerns over the exchange’s anti-money laundering and counter-terrorism financing (AML/CTF) controls. The directive, announced on August 22, targets Investbybit Pty Ltd, Binance’s local entity...

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