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

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!

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Defying Sanctions, More than 50 New Investment Projects in Syria

More than fifty new investment projects with an estimated cost of one and a half trillion Liras have been licensed in Syria according to the investment law issued last year. The Syrian capital, Damascus, focuses on reviving productive projects to confront Western sanctions on the Syrian economy.

Defying Sanctions, More than 50 New Investment Projects in Syria

Video via Arabi S

Pentagon exploits post 9/11 laws to wage ‘secret wars’ worldwide: Report

Pentagon exploits post 9/11 laws to wage ‘secret wars’ worldwide: Report

The report comes at a time when the US army and its proxy militias are accused of illegally occupying vast regions of Syria and Yemen, looting oil from the war-torn countries, just over a year after their brutal occupation of Afghanistan ended. Moreover, a former US official on Tuesday revealed that anti-Iran militias are being armed in the Iraqi Kurdistan Region (IKR), where both the CIA and the Mossad are known to operate.

Egypt-Palestinian Authority Deal on Gaza Gas Fields Likely Won’t Serve Palestinians, but Israel Instead

Reports have emerged indicating that a deal between the Palestinian Authority and Egypt, over the extraction of natural gas that is located off the coast of the besieged Gaza Strip, could be within reach. Although this has been hailed as a positive development by Ramallah and Cairo, the issue could cause more harm than good and amount to the theft of Palestinian resources.

Egypt-Palestinian Authority Deal on Gaza Gas Fields Likely Won’t Serve Palestinians, but Israel Instead