A World Economic Forum report on digital asset regulation finds "tough" US approach "positive for the industry", recommends AI, digital identities for AML/KYC, EU stablecoin reserve requirements "too strict"
The Saving Privacy Act amends codifications of financial privacy laws, introduces prohibitions for central databases holding personally identifiable information and CBDCs, and reforms executive regulations and penalties.
Colombia investigates whether information on the alleged purchase of Pegasus Spyware was shared with Colombia's Financial Intelligence Unit (FIU). Last week, Colombia was banned from the international FIU network Egmont Group for revealing a confidential report on Israeli Pegasus sales.
In an oral statement issued on Thursday, Tornado Cash judge says code is not speech, non-custodial service providers can be money service businesses, and specific knowledge of criminal activity is not a prerequisite for charges of conspiracy to commit money laundering.