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Ethereum Merge Date Proposed for September, Liquidator Comes for 3AC, US SEC Talks Exemptions + More News
15.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Ethereum Merge Date Proposed for September, Liquidator Comes for 3AC, US SEC Talks Exemptions + More News
Shanghai Aims to Grow a $52 Billion Metaverse Cluster by 2025
15.7.2022
The Government of the city of Shanghai has proposed a group of guidelines to help it shift into a metaverse power. The plan of action defines each one of the technologies that the municipality needs to focus on to achieve the goals of building a $52 billion metaverse economy, while at the same time...
Voyager can't guarantee all customers will receive their crypto under proposed recovery plan
11.7.2022
The crypto lending firm said that the exact amount reimbursed to users will “depend on what happens in the restructuring process and the recovery of 3AC assets."
Australia’s world-leading crypto laws are at the crossroads: The inside story
6.7.2022
Senator Indira Kempis Proposes Bill to Make Bitcoin Legal Tender in Mexico
2.7.2022
Indira Kempis, senator of the Mexican Congress, has proposed a bill that would make bitcoin legal tender in the country. The bill bases its action on the hardships that Mexican citizens are facing went trying to access financial products and education. However, the Central Bank of Mexico has been...
SEC Chair Gensler Proposes ‘One Rule Book’ Crypto Regulation
27.6.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reportedly proposed “one rule book” for the regulation of crypto assets. “If this industry is going to take any path forward, it will build some better trust in these markets,” said...
Albania to Start Taxing Crypto-Related Income From 2023
25.6.2022
Authorities in Albania are finalizing regulations that will allow the taxation of income and profits from cryptocurrency investments. The government intends to begin imposing the levy in 2023, after adopting the necessary legislation which has been proposed for public consultations. Albania Set...
Bill Imposing Fines for Illegal Issuance and Exchange of Digital Assets Proposed in Russia
24.6.2022
A bill introducing financial penalties for those who illegally issue or exchange digital financial assets has been filed in the Russian parliament. The legislation has been submitted by the sponsor of another draft law banning their use as a means of payment. New Bill Targets Russian Platforms...
Celsius recovery plan proposed amid community-led short-squeeze attempt
20.6.2022
BnkToTheFuture co-founder Simon Dixon has proposed a recovery plan similar to the solution offered to Bitfinex after its Bitcoin hack in August 2016 – allowing customers to be compensated for their losses through tokens tied to the platform’s recovery
India’s Central Bank RBI to Adopt a ‘Graded Approach’ to Digital Currency Launch
29.5.2022
India’s central bank, the Reserve Bank of India (RBI), has proposed to adopt a “graded approach” to launching the country’s central bank digital currency (CBDC). The RBI also said it is exploring the pros and cons of introducing a digital rupee in India. RBI on...
Skeptical Twitter Users Think SBF’s Proposed USD 1B Campaign Donation Is an ‘Investment’ Strategy
25.5.2022
Twitter users say they believe that the FTX crypto exchange’s multi-billionaire owner Sam Bankman-Fried’s plans to spend some USD 1 billion or more to fund the US Democratic Party’s 2024 presidential election campaign is a “calculated investment.”...
Read More: Skeptical Twitter Users Think...
Finance Redefined: Lifeline for Terra projects, proposed Terra hard fork and more
20.5.2022
Binance comes to the rescue of Terra projects, Chainalysis introduces new tools to track stolen crypto funds, Do Kwon's new proposal for a Terra hard fork and more in this week's DeFi newsletter
Indian Regulator SEBI Proposes Banning Public Figures From Endorsing Crypto Products
17.5.2022
The Securities and Exchange Board of India (SEBI) has reportedly proposed banning public figures, including celebrities and sportsmen, from advertising and endorsing crypto products. The regulator also proposed that public figures be held liable for any law violations when promoting crypto...
Proposed Crypto Mining Ban in Norway Fails to Gain Support in Parliament
13.5.2022
A push to prohibit the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejected by the majority of lawmakers. The ban had been suggested by the far-left Red Party which also didn’t win backing to raise an electricity tax for crypto miners. Norway Will Not...
Bitcoin mining in Norway gets the green light as the proposed ban rejected
13.5.2022
The proposal to ban Bitcoin mining in Norway was rejected in a vote by the Norwegian Parliament on May 10
Proposed digital euro designs lack privacy options, ECB presentation shows
4.5.2022
Transactions via the EU’s prospective CBDC could be transparent to intermediaries, as any non-crypto digital transactions are
Russian Law Enforcement Submits Proposals to Regulate Seizure of Crypto Assets, Data Sharing
28.4.2022
Russian Ministry of Finance has accepted a number of crypto regulatory proposals submitted by the country’s law enforcement departments. They cover a range of related areas, including the seizure of digital assets and the reporting of information on cryptocurrency transactions. Finance...
Bank of Russia Seeks to Allow Stock Exchanges to Trade Digital Assets
28.4.2022
The Central Bank of Russia has recently proposed authorizing traditional stock exchanges to operate in the digital assets market. Industry watchers say the regulator aims to provide investors with an option to trade cryptocurrencies in a controlled environment. Russian Stock Exchanges to List...
EU officials considered Bitcoin trading ban to enforce proposed mining ban
22.4.2022
Previously unseen documents detailing the EU’s conversations around banning Bitcoin have come to light following a freedom of information request
Congressmen tell SEC redefining long-standing concepts would be bad for digital ecosystem
18.4.2022
Republican House Financial Services Committee members are resisting proposed changes to the 1934 Exchange Act in a letter to the Securities Exchange Commission