US lawmakers want to ban Tether and Chinese crypto firms

The newly introduced CLARITY bill shows a growing awareness in the US government of crypto’s dependence on China.
The newly introduced CLARITY bill shows a growing awareness in the US government of crypto’s dependence on China.
The FCA’s warning list shows “details of unauthorized firms and individuals that we’re aware of, that aren’t allowed to operate in the UK.”
Coinbase and other crypto execs headed to Washington to lobby for clear regulations… but some lawmakers can’t even pronounce ‘Bitcoin.’
Research also showed that 70% of high street banks and 56% of challenger banks don’t carry out necessary ‘know your business’ verification.
It’s a ‘nein’ for Germany and several European countries, as regulation begins to catch up to the controversial crypto exchange.