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US senators challenge DOJ’s broad definition of crypto money transmitters

Two US lawmakers have opposed the Department of Justice’s (DOJ) attempt to expand the definition of a money-transmitting business. In a May 9 letter to US Attorney General Merrick Garland, Senators Cynthia Lummis and Ron Wyden argued that the DOJ’s broad interpretation could criminalize non-custodial crypto asset software services. дальше »

2024-5-14 22:00


Фото:

Bitcoin Could Soon Be Adopted As Legal Tender In Germany As Parliament Member Proposes Novel Legislation

A lawmaker in Germany is not only strongly opposed to the digital euro but is proposing a better solution for a financial revolution in the country: Bitcoin. Joana Cotar, a member of the German Bundestag — the nation’s federal parliament — has recently proposed groundbreaking legislation to make Bitcoin legal tender in the country. German […] дальше »

2023-11-18 23:39


Riot spends just $8.3k to mine 1 BTC as it looks to triple production by 2025

Riot, a key player in the Bitcoin mining sector, reported overall revenue of $76. 7 million in its financial results for the quarter ending June 30, 2023. This result underscores Bitcoin miner resilience in an unpredictable market, with a significant part of its achievement attributed to a 27% increase in Bitcoin production, as opposed to the […] The post Riot spends just $8. дальше »

2023-8-10 11:36


Ethereum Node Locations Raise Concerns About US Government Involvement

Ethereum is currently the largest proof of stake (P0S) network after transitioning from a proof of work (PoW) mechanism late last year. This means that the network now uses validators to carry out transactions as opposed to miners using energy-intensive computers to solve complex mathematical problems to do the same thing – something that has […] дальше »

2023-7-11 02:00


Bittrex Gets Green Light: Court Order Allows Withdrawals Starting June 15

On June 15, clients of the United States division of the bankrupt cryptocurrency exchange Bittrex will be able to withdraw their assets, following a court ruling by a Delaware bankruptcy court.  The exchange had declared bankruptcy in May, but the United States Justice Department had opposed Bittrex’s efforts to restore customer access to their assets, […] дальше »

2023-6-15 19:00


Crypto industry speaks out against SEC’s attempt to conflate DeFi with centralized exchanges

The crypto industry is staunchly opposed to the SEC’s proposal to lump in DeFi platforms with centralized exchanges and regulate both using the same framework. The SEC opened a public consultation in April — with a June 13 deadline on a proposal to amend the rules used to identify crypto exchanges and extend them to […] The post Crypto industry speaks out against SEC’s attempt to conflate DeFi with centralized exchanges appeared first on CryptoSlate. дальше »

2023-6-13 20:17


How Taylor Swift and Gary Gensler find common ground on cryptocurrencies, and the reasons why Congress opposed their views

The question of whether digital assets should be regulated as securities remains unanswered, despite Taylor Swift’s interest in the matter. Swift concluded that they should be regulated as such, which influenced her decision to turn down an endorsement deal with FTX, a failed crypto exchange. дальше »

2023-4-24 23:55