[Dec 9, 2022 1:30 AM] The cryptocurrency and mining law that the Paraguayan Congress passed in June was finally shelved on Dec. 5. The document, which sought to bring order to crypto mining and exchange activities in Paraguay, was ultimately dropped after failing to…
[Dec 8, 2022 11:23 PM] The Office of the Comptroller of the Currency (OCC) said the digital asset industry was maturing but was “not yet robust” in its risk management.
[Dec 8, 2022 8:30 PM] Two congressional hearings will be held next week on the collapse of cryptocurrency exchange FTX and U.S. lawmakers have asked former FTX CEO Sam Bankman-Fried (SBF) to testify. As the founder of FTX and Alameda Research, “you must answer for…
[Dec 8, 2022 3:54 PM] The Crypto-Asset Environmental Transparency Act would instruct the Environmental Protection Agency to report on crypto mining activity consuming more than 5 megawatts.
[Dec 8, 2022 1:51 PM] Regulatory pressure continues to limit each upside breakout, but data shows some compelling reasons for an eventual crypto market rally.
[Dec 8, 2022 12:30 PM] “FTX’s collapse shows that crypto may be more integrated into the banking system than regulators are aware,” said Senators Elizabeth Warren and Tina Smith.
[Dec 7, 2022 2:30 PM] EU officials previously rejected an outright ban on crypto mining, but the Markets in Crypto Assets bill could require firms to report any potential environmental impact.
[Dec 7, 2022 12:53 PM] A bill that would create new licensing and electricity purchase requirements has been sent on to a third vote.Kazakhstan is moving forward with regulation that will further stifle its bitcoin mining industry.The country’s federal…
[Dec 6, 2022 8:30 PM] Congresswoman Maxine Waters, chair of the House Committee on Financial Services, has politely asked former FTX CEO Sam Bankman-Fried (SBF) to attend a congressional hearing on the collapse of his cryptocurrency exchange. Bankman-Fried says he will…
[Dec 6, 2022 4:30 PM] A court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from a case over a dispute between a customer and a platform hired…
[Dec 6, 2022 3:59 PM] Mark Cohen was a former assistant U.S. attorney for the Eastern District of New York who was also on the defense team for the high-profile criminal case involving Ghislaine Maxwell.
[Dec 6, 2022 3:05 PM] Traders are not sure if ETH will be able to hold the $1,200 level while the S&P 500 rapidly approaches the crucial 3,900 support and ETH derivatives data hints at more downside.
[Dec 6, 2022 2:45 PM] The reconsideration of the bill, ‘Regulating the industry and marketing of virtual assets — crypto assets’, received 38 votes out of a total of 80 lawmakers.
[Dec 6, 2022 12:30 PM] Though the board can make recommendations to global policymakers, it largely acts as an advisory body with no enforcement authority.
[Dec 6, 2022 10:34 AM] The country did not pass a bill that would have clarified rules regarding the cost of electricity imposed on bitcoin miners.The Paraguay legislature did not pass a bill that would have regulated cryptocurrency mining in the country.The bill…
[Dec 6, 2022 9:46 AM] Three senators said they were concerned about Silvergate following reports suggesting that the bank "facilitated the transfer of FTX customer funds to Alameda."
[Dec 6, 2022 2:30 AM] Following FTX’s collapse, many industry executives, influencers, luminaries, and politicians have shared their opinions about the carnage the event has caused to crypto markets and a great deal of innocent bystanders. On Dec. 2, the CEO and…
[Dec 5, 2022 10:30 PM] An Indian central bank official claims that if there is anything cryptocurrencies like bitcoin and ether can do, the Reserve Bank of India (RBI) should be able to create a product that will do the same job without the associated risks. “This…
[Dec 5, 2022 3:47 PM] "It is imperative that you attend our hearing on the 13th, and we are willing to schedule continued hearings if there is more information to be shared later,” said Maxine Waters.
[Dec 5, 2022 1:00 AM] A Russian company has announced the country’s first authorized transaction with digital financial assets (DFAs) involving a foreign currency, China’s yuan. The deal, reportedly the largest made to date under the current Russian DFA law, covers the…
[Dec 3, 2022 8:30 PM] Congresswoman Maxine Waters has been heavily criticized for saying that she appreciates former FTX CEO Sam Bankman-Fried (SBF) being candid in his discussions about the collapse of his crypto exchange, FTX. “SBF has not, in fact, been candid…
[Dec 3, 2022 12:30 AM] In a recent statement, the European Parliament said its members would shortly “vote on adopting the regulation on markets in crypto-assets (MiCA).” According to the parliamentary body’s think tank, the envisaged regulations are…
[Dec 2, 2022 10:30 PM] The authority responsible for crypto oversight in Uzbekistan has determined the order of issuing and circulating digital assets in the country. The main reason behind the move is to establish a mechanism that would allow local companies to attract…
[Dec 2, 2022 8:30 PM] Nine U.S. lawmakers have raised concerns regarding the U.S. central bank digital currency project led by the Federal Reserve Bank of Boston. The lawmakers stressed: “Any U.S. CBDC must be open, permissionless, and private.” Congressmen…
[Dec 2, 2022 6:30 PM] U.S. Senator John Boozman says bitcoin, although a cryptocurrency, is a commodity in the eyes of the federal courts and the Securities and Exchange Commission (SEC) chairman. He stressed that exchanges where commodities are traded, including…
[Dec 2, 2022 3:30 PM] Judge Hong Jin-Pyo reportedly said there was little risk of Shin Hyun-seong or other Terra associates destroying evidence related to the case against the platform.
[Dec 2, 2022 2:15 PM] “Your willingness to talk to the public will help the company's customers, investors, and others," said House Financial Services Committee chair Maxine Waters, addressing SBF.
[Dec 2, 2022 11:44 AM] In a bankruptcy court hearing, lawyers for 3AC creditors asserted the firm's founders "repeatedly fail to engage" with liquidators, but weren't shy about talking to the media.
[Dec 2, 2022 9:48 AM] Brazil’s Congress just approved a complete regulatory framework for cryptocurrency markets in the country. Here’s everything that’s in it.On Tuesday, Brazil’s Chamber of Deputies approved a landmark cryptocurrency legislation that sets the…
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