Search results for "ACT"

Iran and North Korea are both using it! Stablecoins have become the preferred virtual asset for illegal transactions, with involved fraud totaling $51 billion.

According to the latest FATF report, stablecoins have become a primary funding tool for illegal transactions, especially in countries like North Korea and Iran. The report indicates that by 2025, stablecoins will account for 84% of illegal virtual asset trading volume, and calls for increased regulation of stablecoin issuers to prevent money laundering and other criminal activities. The global stablecoin market value has exceeded $300 billion, and regulators need to act quickly to close regulatory gaps.
USDC0,01%
区块客·03-06 13:59

XRP stabilizes at $1.40, oil prices retreat, and the CLARITY bill boosts the market

On Friday, XRP price remained stable at $1.40, driven by falling oil prices and Ripple CEO's support for the CLARITY Act. The decline in oil prices eases inflationary pressures and helps risk assets perform. The bill could boost exchange confidence, encourage institutional participation, and promote product development. XRP funding rates turned negative, indicating a concentration of short positions, and a comprehensive assessment is needed to determine the short-term trend.
XRP-0,21%
MarketWhisper·03-06 07:02
news-image

CLARITY Act Hits New Impasse as Banks Reject White House Stablecoin Compromise

Negotiations over the CLARITY Act, the landmark U.S. crypto market structure bill, have stalled again after banking industry representatives rejected a White House compromise that would have permitted limited stablecoin rewards for specific activities while banning them on idle holdings.
CryptopulseElite·03-06 02:55
news-image

Eric Trump Accuses Banks of 'Anti-American' Lobbying Against Stablecoin Yields

Eric Trump, co-founder of World Liberty Financial and son of U.S. President Donald Trump, has publicly criticized major banks for lobbying against provisions in the CLARITY Act that would allow crypto platforms to offer yields on stablecoins, calling their efforts "anti-consumer" and "anti-American."
CryptopulseElite·03-06 02:13
news-image

Gate Daily (March 6): Crypto market structural bill negotiations hit a deadlock; Russia plans to introduce a stablecoin bill

Bitcoin failed to continue its rebound, with the price around $70,810. Negotiations on the U.S. Digital Asset Market Structure Act have stalled, with banks opposing the approval of stablecoin yield products. Russia plans to introduce an independent stablecoin bill to legalize the related industry. Market conditions are affected by geopolitical tensions, with rising oil prices raising concerns and further impacting inflation and trade.
BTC-0,31%
AAVE-1,67%
SKY4,2%
ETH-1,08%
MarketWhisper·03-06 01:29
news-image

Is the turning point of Agentic AI here? When AI learns to "act on its own," how can we redefine the security boundaries of Web3?

Author: imToken After this year's Spring Festival, do you also feel that the entire Web3 world seems to have suddenly been taken over by "Lobsters"? Various AI Agents, automation proxies, and on-chain AI protocols are emerging one after another. From OpenClaw to a series of Agent frameworks, they have almost become the new narrative core. But if we look a little further back in the timeline, we can see that this wave actually has been foreshadowed for some time. As early as February 25, during NVIDIA CEO Jensen Huang's latest earnings call, he made a significant statement: Agentic AI has reached a turning point. In his view, AI is undergoing a crucial transformation, no longer just a tool, but beginning to actively perceive, plan, and execute complex tasks. And when this "autonomy" capability enters the Web3 world, a debate about control
ETH-1,08%
PANews·03-06 00:10
news-image

XRP Could Face Securities Classification Under New U.S. Crypto Framework, Says Cardano’s Hoskinson

Charles Hoskinson argues that under the revised CLARITY Act, tokens like XRP would qualify as securities, igniting his feud with the XRP community. He called Ripple CEO Brad Garlinghouse out again, cautioning that having no laws is better than having a bad law. Cardano founder Charles Hoskin
XRP-0,21%
ADA-1,31%
TOKEN-0,41%
CryptoNewsFlash·03-05 14:16