Congress

CBDC Scrutiny Underscores Role of Compliance in Scaling Digital Innovations
CBDC Scrutiny Underscores Role of Compliance in Scaling Digital Innovations
May 29, 2024  |  CBDC

The technology for central bank digital currencies (CBDCs) already exists. And as dozens of countries around the world have proven, in less time than it...

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Ripple Pledges $25 Million Yearly to Crypto Super PAC 
Ripple Pledges $25 Million Yearly to Crypto Super PAC 
May 29, 2024  |  Cryptocurrency

Ripple has donated another $25 million to pro-cryptocurrency political action committee (PAC) Fairshake. And there’s more where that came from, the blockchain payments company’s CEO told...

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US House Passes Bill Requiring Congressional Authorization for CBDC
US House Passes Bill Requiring Congressional Authorization for CBDC
May 24, 2024  |  CBDC

The U.S. House of Representatives passed a bill Thursday (May 23) that would stop bureaucrats from issuing a central bank digital currency (CBDC) without explicit...

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This Week in Web3: Crypto Payment Rails and Regulatory Clarity
This Week in Web3: Crypto Payment Rails and Regulatory Clarity
May 15, 2024  |  Cryptocurrency

As Nathaniel Hawthorne wrote in the1800s, “families are always rising and falling in America.” And the same holds true for the cryptocurrency and Web3 space...

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Senate AI Group Recommends $32 Billion in Spending
Senate AI Group Recommends $32 Billion in Spending
May 15, 2024  |  artificial intelligence

A bipartisan Senate group wants the government to spend at least $32 billion on AI. That funding, the senators said in a report issued Wednesday...

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US House to Vote on Crypto Bill
US House to Vote on Crypto Bill
May 10, 2024  |  Cryptocurrency

A bill that promises regulatory clarity for digital assets has moved a step closer to a vote in the U.S. House. The House Committee on Rules said...

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Making Sense of the State of Crypto in 2024
Making Sense of the State of Crypto in 2024
May 10, 2024  |  Cryptocurrency

There might be as many opinions about crypto as there are cryptocurrency tokens. And with tens of thousands of digital assets populating the crypto market,...

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UnitedHealth Still ‘Trying to Dig Through’ Cause of Cyberattack
UnitedHealth Still ‘Trying to Dig Through’ Cause of Cyberattack
May 01, 2024  |  Security & Fraud

UnitedHealth’s CEO said the company is still investigating a security failure behind a massive cyberattack. Testifying before the Senate Finance Committee Wednesday (May 1), Andrew...

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UnitedHealth Group CEO Said Hackers Struck Via Citrix Portal
UnitedHealth Group CEO Said Hackers Struck Via Citrix Portal
April 29, 2024  |  Fraud Attack

UnitedHealth Group CEO Andrew Witty will testify Wednesday (May 1) that hackers broke into its Change Healthcare unit’s systems through the Citrix portal. “On February 12, criminals used compromised credentials...

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