Union Pressure Compels Pennsylvania to Scrap 2-year Mining Moratorium Provision
Representative Greg Vitali, the bill’s sponsor, incorporated a clause to subject miners to current reporting stipulations to have the bill ratified by a Pennsylvania House...
Tether Decides to Publish Reserve Reports in 2024
Tether Holdings, the reserve that backs the USDT stablecoin project is the largest stablecoin by market cap. The firm has recently announced that it is...
Crypto Firms Concerned that California’s Replicating BitLicense Requirements in New York Exist
California's crypto exchanges that were criticized or shifted owing to NewYork's 2015 BitLicense provide perspectives concerning the state's new regulation. California has imitated New York...
Crypto Exchange Bitpanda Acquires License in Norway
Bitpanda is a cryptocurrency trading platform that is a registered entity in regions such as Austria, France, Germany, Sweden, and Czechia. On this account, the...
Coinbase VP Warns Taxing DeFi is Impractical
Tax vice president at US leading crypto exchange Coinbase, Lawrence Zlatkin, warned that implementing the proposal to change the taxation rule targeting decentralized finance is...
Banks Must Disclose Crypto Holdings, Says Basel Committee
Basel Committee for international banking supervision is part of the Bank of International Settlement comprising 45 members from 28 nations. The committee has recently issued...
FTX Creditors Set for $9B Disbursement by Mid-2024
The bankrupt crypto exchange FTX unveiled a revised plan to return over 90% of creditors' claims. A recent pronouncement by the chief restructuring executive John...
Australian Treasury Set to Regulate Crypto Exchanges, Makes Operating License Mandatory
The Australian Treasury has, in a recent consultation paper, obligates crypto exchanges to obtain financial services licensing from the local regulator. The Monday, October 16...
Binance Crypto Exchange Halts Registering New UK Customers
The world's largest crypto exchange, Binance, continues to battle regulatory woes in the UK market, forcing it to halt onboarding new British users. Binance issued...
Venezuela’s Suited to ‘Special Crypto Utility’ Amidst Hyperinflation
Venezuela is moving to a ‘de-facto dollarization economy,’ thus contradicting cryptocurrency supporters’ claims. Owing to authoritarianism and hyperinflation, Venezuela has regularly been placed in a...