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US gov’t removes two crypto AML rules from national defense bill

The two provisions abolished from the National Defense Authorization Act centered around anti-money laundering (AML) issues linked to cryptocurrency. Source: https://cointelegraph.com/rss US gov’t removes two crypto AML rules from national defense bill

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Binance’s CZ must stay in US, Elon Musk seeks $1B for AI, and other news: Hodler’s Digest, Dec. 3-9

Binance’s CZ will have to wait for his sentencing in the United States, the U.S. Congress passed a bill supporting blockchain, and Elon Musk’s xAI seeks $1 billion in capital. Source: https://cointelegraph.com/rss Binance’s CZ must stay in US, Elon Musk seeks B for AI, and other news: Hodler’s Digest, Dec. 3-9

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DOJ unveils extensive monitorship over Binance operations

Binance’s new compliance obligations include cooperation to grant U.S. authorities access to all documents, records and resources upon request. Source: https://cointelegraph.com/rss DOJ unveils extensive monitorship over Binance operations

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Tether announces wallet-freezing policy for OFAC-sanctioned persons

Tether is expanding control sanctions to the secondary market in an effort to cooperate with regulators in the United States. Source: https://cointelegraph.com/rss Tether announces wallet-freezing policy for OFAC-sanctioned persons

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Lifinity USDC pool drained by arbitrage bot

A bug on an Immediate-or-Cancel order led to the drainage of nearly $700,000 from Lifnity’s LFNTY-USDC pool. Source: https://cointelegraph.com/rss Lifinity USDC pool drained by arbitrage bot