Crypto News

Ex-CEO Who Caused His Bank To Fail After Falling For Crypto Scam Gets 24 Years in...

The actions of Shan Hanes subsequently led the bank to fail at a “complete loss of equity for investors,” according to a Monday statement.Source link

Seychelles Approves Bill on Virtual Asset Regulation

The Seychelles National Assembly has approved a draft bill to regulate virtual asset service providers (VASPs). The bill requires license-seeking VASPs to establish a substantial presence in Seychelles, such as having a resident director and an office with competent staff. The law aims to balance innovation with anti-money laundering efforts, adhering to Financial Action TaskSource link

Kamala Harris’s Alleged ‘Crypto Reset’ Absent in Democratic Agenda

While the Republican platform addresses the issue of cryptocurrency and bitcoin, the Democratic Party’s latest platform remained silent on the matter. Adding to the buzz, there are whispers that Kamala Harris’s campaign might be eyeing Gary Gensler, the current head of the U.S. Securities and Exchange Commission, for the role of Treasury Secretary. Democrats’ LatestSource link

Solana’s Former Top Decentralized Crypto Exchange Faces SEC Securities Violations

Mango Markets' governing body is looking to offer a settlement to the SEC.Source link

Google AI Can Hear Disease in the Sound of Your Cough

Google’s Health Acoustic Representations (HeAR) model helps researchers in India detect life-threatening diseases through audio analysis.Source link