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Samantha Dunn

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Articles

  • GENIUS Act Heads to the House, Here’s What Could Happen Next

    1 week ago | ccn.com | Samantha Dunn |James Morales

    Home / News / Crypto / Regulation & Policy / GENIUS Act Heads to the House, Here’s What Could Happen Next Published Published Key Takeaways The U.S. Senate has passed the GENIUS Act. The House is under pressure to vote on the legislation before the August recess. Another option is that the House advances its own STABLE Act and Congress reconciles the two bills. The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act has cleared its final Senate vote and will now...

  • Crypto Industry Leaders React To GENIUS Act: Ava Labs, T3RRA and Neo Executives Celebrate

    1 week ago | ccn.com | Samantha Dunn |Kurt Robson

    Key TakeawaysCrypto and blockchain leaders have responded to the passing of the GENIUS Act. The Senate passed the first-of-its-kind crypto legislation on June 17. By removing regulatory uncertainty, the Act opens the door for banks, fintechs, and enterprises to enter the stablecoin space with confidence. The U.S. Congress has officially passed the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act).

  • Washington’s Spokane Becomes First City To Ban Crypto ATMs To Protect Vulnerable Residents

    1 week ago | ccn.com | Samantha Dunn |Kurt Robson

    Key TakeawaysSpokane has become the first city in Washington to ban all existing and future crypto ATMs.The U.S. has over 30,000 crypto ATMs, and they’ve been increasingly used in scams—resulting in $5.6 billion in losses nationwide in 2023. Lawmakers have introduced the Crypto ATM Fraud Prevention Act, proposing transaction limits, scam warnings, and verbal confirmations to protect consumers.

  • BBVA Bitcoin Allocation of 3% 'Not Taking a Huge Risk' for Private Clients

    1 week ago | ccn.com | Samantha Dunn |James Morales

    Key TakeawaysBBVA’s private bank now advises its wealthy clients to invest in Bitcoin. The bank recommends a portfolio allocation of between 3% and 7%. A growing number of advisors suggest incorporating bitcoin into investment strategies. BBVA’s private bank now advises its wealthy clients to invest in Bitcoin, a senior executive revealed on Tuesday, June 17.

  • Iran’s Nobitex Crypto Exchange Drained of $81.7M, Pro-Israel Hacker Group ‘Predatory Sparrow’ Claims Hack

    1 week ago | ccn.com | Samantha Dunn |Kurt Robson

    Key TakeawaysHackers exploited Iran’s Nobitex crypto exchange, draining over $81.7 million using custom vanity wallet addresses. The hacking group Gonjeshke Darande publicly took credit for the breach, calling Nobitex a tool for Iranian sanctions evasion and terrorism financing. Nobitex confirmed unauthorized access to part of its hot wallet infrastructure, shut down operations, and promised to compensate users through insurance.

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