House Financial Service Committee Chair Patrick McHenry said the rules are part of “the Biden Administration’s ongoing attack on the digital asset ecosystem.”
Roman Storm’s lawyer, Brian Klein, said the developer was released on bail on Aug. 24, the day after the U.S. DOJ announced the charges related to money-laundering and other alleged violations.
Spain became one of the first countries in the EU to establish its own task force for regulating AI on Aug. 22, when the Council of Ministers approved a Royal Decree establishing the new agency.
Weisberger believes the structure of the Securities and Exchange Commission needs to change but that politicians are reluctant to do so because of their power within the current state of affairs.
Despite the U.S. Department of Justice investigating Binance for alleged violation of U.S. sanctions with its services in Russia, the firm has continued to promote its platform in the country.
Attorneys Pascale Guerrier, Richard Best and Robert MacDonald Moye representing the U.S. SEC in its ongoing lawsuit against Ripple have withdrawn from the case.