Tag: lawmakers

Cryptocurrency News: US Regulators Should ‘Maybe’ Ban Crypto + Digital Asset Anti-Money Laundering Act of 2022

Tina Marie (Ms. Cat)

Banking Committee Chair: US Regulators Should ‘Maybe’ Ban Crypto

The senator [Sherrod Brown] also pointed to numerous incidents to back up his claims, not just the recent collapse of FTX but also issues such as “the threat to national security from Korean cyber criminals to drug trafficking and human trafficking and financing of terrorism and all the things that can come out of crypto.”

…

Senator Elizabeth Warren unveiled a new bill governing cryptocurrencies earlier this month, dubbed the Digital Asset Anti-Money Laundering Act.

Warren’s bill would look to force crypto asset providers to offer audited financial statements and impose bank-like capital requirements more in line with what is expected of traditional financial institutions. The act would also give the SEC increased powers to regulate the asset class.

Get ready for the Digital Dollar!

Related:

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Strikes & protests in France (and demonstrations in the US)

Tina Marie (Ms. Cat)

Strikes grow as Macron postpones threat to crush French refinery strike

Related:

French left-wing parties gather protesters to march in Paris, as refinery strikes persist

The French call for NATO exit

MSM was all over the cost of living protests but nothing about the Anti-NATO protests. Videos have emerged of police repression in Paris (at which protest, I’m unsure). Meanwhile, in the US, the Poor People’s Campaign, and allies, held multiple demonstrations to get out the vote (which were mainly covered by local news).

The Dangerous Myth of “Left Woke Fascism”

Tina Marie (Ms. Cat)

The Dangerous Myth of “Left Woke Fascism,” by Kenn Orphan

Without a doubt, the politics of identity have long been used in order to maintain hegemony and neoliberal policies. It is a cynical, but effective, way to distract from issues of class and capitalist exploitation. And it has been used to silence people who may offer a differing point of view by unfairly casting them as racist, sexist, homophobic, etc. But the nonsense of “woke fascism” has been created by far-right ideologues and peddled by grifters like Bari Weiss, Bret Easton Ellis, Jordan Peterson and Glenn Greenwald who rake in tons of money off this ahistorical, erroneous and dangerous rubbish.

“Wokeness” is a new term, but it is derived from the mid 20th century. “Stay woke” was a phrase Black American workers used to encourage attention to civil and labor rights issues. It was later revived by activists in this century. As is the case of all progressive movements under capitalism, the term was co-opted by corporations as well as the police/surveillance/military sector to whitewash real systemic inequities with feel good, empty slogans or lifestyle choices which simply amounted to more profit for their particular brand.