Bitcoin proponents respond to New York Times’ BTC mining report
The New York Times’ latest report on Bitcoin (BTC) mining, titled “The Real-World Costs of the Digital Race for Bitcoin,”...
Regulation
Texas lawmakers propose a gold-backed state digital currency
Two Texas lawmakers have introduced identical bills for creating a state-based digital currency backed by gold, a move that comes...
ECB Board Member Warns EU’s New Crypto Rules Not Sufficient – Regulation Bitcoin News
A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-Assets (MiCA)...
Binance Asked to Provide More Information as Dubai Tightens Screws Against Crypto Entities – Regulation Bitcoin News
Dubai’s Virtual Assets Regulatory Authority (VARA) has reportedly asked Binance to share more information about the crypto exchange’s ownership structure...
Indian Government Answers Questions About Crypto Legalization, Fraud Prevention – Regulation Bitcoin News
The Indian government has responded to parliamentary questions about the legalization of cryptocurrency and the steps it has taken to...
US Justice Department Seizes Cryptocurrency Worth $112 Million in ‘Pig Butchering’ Crackdown – Regulation Bitcoin News
The U.S. Department of Justice (DOJ) says it has seized cryptocurrency worth over $112 million linked to fraudulent investment schemes...
Regulators Should Heed Crypto Risks When Innovating Regulation, Says Chinese Central Bank Official – Regulation Bitcoin News
A senior People’s Bank of China (PBOC) official has urged regulators to consider cryptocurrency risks and fraud that could lead...
Japan FSA flags Binance, Bybit, others for operating without registration
In a warning letter released on Friday, Japan’s Financial Services Agency (FSA) said that a number of foreign cryptocurrency exchanges,...
Crypto Exchange Bittrex Shuts Down US Operations Due to Regulatory Uncertainty – Regulation Bitcoin News
Cryptocurrency exchange Bittrex is shutting down its U.S. operations due to “continued regulatory uncertainty” as U.S. regulators increase their enforcement...
Latest court battle could alter crypto landscape in US
Regulatory trouble is nothing new for Binance, and on many occasions, in the past, it has managed to overcome or...
South Korean National Assembly to Pass Digital Asset Law in April – Regulation Bitcoin News
After several failed attempts in the past, the South Korean National Assembly is now expected to pass its digital asset...
UK Government Drops Plan to Launch NFT With Royal Mint – Regulation Bitcoin News
The U.K. government has confirmed that it is not proceeding with a plan to launch a non-fungible token (NFT). British...
Do Kwon Successfully Formed a Company in Serbia Weeks After Interpol Issued Red Notice – Regulation Bitcoin News
According to a report, the recently arrested Terraform Labs co-founder Do Kwon was able to register a company in Serbia...
Ethereum Co-Founder Says Crypto Ecosystem Has Never Been Better or Stronger – Regulation Bitcoin News
Ethereum co-founder Joseph Lubin says the strength of the crypto ecosystem “has never been better or stronger.” He believes “more...
US Seizes 18 Crypto ATMs Purchased Using Fraudulent SBA Loans — Arrests Owner – Regulation Bitcoin News
U.S. law enforcement has seized 18 cryptocurrency ATMs that were purchased using fraudulent loans from the Small Business Administration (SBA)...
How does the economy work?
The economy is a complex system of production, distribution, and consumption of goods and services. Understanding how the economy works...
80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says – Regulation Bitcoin News
Hong Kong’s Secretary for Financial Services and Treasury has revealed that more than 80 crypto companies have expressed interest in...
Binance launches internal investigation following KYC bypass rumors
A recent article surfaced alleging that Binance employees and volunteers were assisting Chinese users on how to bypass Know Your...
US Senator Introduces Bill to Ban Direct-to-Consumer Central Bank Digital Currency – Regulation Bitcoin News
U.S. Senator Ted Cruz has introduced “legislation to prohibit the Federal Reserve from developing a direct-to-consumer” central bank digital currency...
Crypto Ads in Belgium to Feature ‘Punchy Warning’ of Risks, New Rules Imply – Regulation Bitcoin News
The financial regulatory body of Belgium has been tasked by the government to regulate advertisements for cryptocurrencies. New rules, set...
Taiwan’s Financial Supervisory Commission Set to Regulate Country’s Virtual Assets Industry – Regulation Bitcoin News
Taiwan’s Financial Supervisory Commission is set to be announced as the body that will oversee and regulate the virtual asset...
Midsize US Banks Ask Regulators to Extend FDIC Insurance to All Deposits for 2 Years Before Another Bank Fails – Regulation Bitcoin News
The Mid-Size Bank Coalition of America has asked federal regulators to extend FDIC insurance to cover all deposits for the...
