Vancouver Champions Bitcoin: City Council Approves Pioneering Motion

The Vancouver City Council approved a motion to explore integrating Bitcoin into its financial operations. The measure, introduced by Mayor Ken Sim and passed at the December 11, 2024 Standing Committee meeting, directs staff to investigate accepting BTC for city taxes and fees and the feasibility of incorporating it into the city’s financial reserves. The […] дальше »

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Vancouver City Council passed motion to make the city “Bitcoin-friendly”

On December 11, Vancouver councilors voted in favor of Mayor Ken Sim's motion to make the city "Bitcoin-friendly" and authorize staff to look into holding cryptocurrency in reserve. дальше »

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USDC stablecoin issuer Circle cuts 6% staff amid push for AI: report

Circle has reduced its workforce by less than 6%, saying the layoffs are part of a routine review of investments and expenses as the company continues its global expansion. Stablecoin issuer Circle has reduced its workforce by less than 6%,… дальше »

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Here’s what HashKey’s 30% token allocation for staff could mean for investors

HashKey recently announced that it allocated 300 million tokens to team incentives with a 36-month unlocking period after the launch of its native token HSK. How does this impact investors? On Dec. 5, HashKey posted an official statement that explains… дальше »

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Foundry Cuts Workforce by 60%: The World’s Largest Bitcoin Mining Pool Restructures

On Monday, Foundry, the world’s largest Bitcoin mining pool, announced a significant reduction in its workforce, laying off approximately 60% of its staff. This decision, confirmed by a report from Blockspace, affects both US and international staff, reducing the company’s headcount from over 250 to around 80-90 employees. дальше »

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Coinbase CEO says it won’t work with law firms who hire anti-crypto staff

Gurbir Grewal was the enforcement chief at the US Securities and Exchange Commission (SEC) He joins international law firm Milbank as a partner in its litigation and arbitration practice Brian Armstrong has said that Coinbase won’t work with law firms if they hire people who worked against the crypto industry during their time in government. дальше »

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Axie Infinity developer cuts 21% workforce: report

Axie Infinity creator Sky Mavis lays off 50 employees as part of broader efforts to adapt post-hack and market shifts. Sky Mavis, the developer of the blockchain-based game Axie Infinity, said it will lay off 21% of its staff —… дальше »

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Axie Infinity Creator Cuts 21% of Staff Despite Year of ‘Valuable Growth'

Sky Mavis has laid off 21% of its workforce

The web3 firm said the decision was not related to its finances.

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Binance Boosts Compliance Staff by 34% Year-Over-Year, Citing Industry’s ‘Rapid Maturation’

Binance, the world’s largest crypto exchange, says it expects to have 645 full-time compliance employees on staff by the end of the year — a 34% increase from last November — as it continues to rapidly build out its compliance department. дальше »

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United Nations launches blockchain academy to upskill staff worldwide

More than 24,000 United Nations staff are set to gain blockchain skills as the UN expands its academy, developed in partnership with the Algorand Foundation. The United Nations Development Programme is expanding its blockchain education academy to provide training to… дальше »

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Crypto Milestone: Spot Bitcoin ETF Options Get CFTC’s Stamp Of Approval

Spot Bitcoin ETFs hurdle its biggest legal roadblock to date after the US Commodity Futures Trading Commission (CFTC) clarified that it’s no longer taking a role in clearing BTC ETF options. In a staff advisory dated November 15th, the CFTC, through its Division of Clearing and Risk, announced that it was transferring the approving authority […] дальше »

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Dogecoin Community Celebrates DOGE Day – What Is It All About?

Today, the Dogecoin community, including investors, traders, and enthusiasts, are rallying to celebrate “DOGE Day,” an annual event dedicated to the beloved doggy-themed meme coin, Dogecoin (DOGE). Related Reading: Kraken Sacks 15% Of Staff—A Strategic Pivot For Growth Or A Risky Gamble? As an unofficial holiday for the Dogecoin community, DOGE Day brings together different […] дальше »

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Kraken Lays Off 15% of Workforce Amid Restructuring Efforts 

Kraken’s restructuring affects 15% of staff amid crypto industry layoffs, plans for 2025 blockchain expansion, and SEC regulatory disputes. The post Kraken Lays Off 15% of Workforce Amid Restructuring Efforts  appeared first on BeInCrypto. дальше »

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dYdX lays off 35% of staff shortly after major Consensys cuts

The decentralized crypto exchange laid off more than a third of its workforce on the same day Ethereum development firm Consensys cut 162 employees.  дальше »

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Consensys cuts workforce by 20% amid restructuring

Consensys is reducing its workforce by 20%, a move designed to streamline operations and reinforce its leadership in the web3 space, according to an Oct. 29 release. The staff cuts are part of its new restructuring plan, which aims to strengthen its long-term sustainability and commitment to decentralization as it navigates tough economic conditions and […] The post Consensys cuts workforce by 20% amid restructuring appeared first on CryptoSlate. дальше »

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Consensys cuts workforce by 20%, cites macroeconomic and regulatory challenges

ConsenSys, the blockchain software firm behind the popular crypto wallet MetaMask, is laying off a significant portion of its workforce, founder and chief executive officer Joseph Lubin announced. The layoffs will impact about 20% of the company’s staff, Lubin said… дальше »

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FCA-Regulated Crypto Trading Firm Portofino Technologies Sees Staff Exodus

The firing of the firm’s co-founder and its CFO in July triggered a wave of departures. дальше »

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Ex-Trump chief of staff says crypto election impact will be ‘fascinating’

Mick Mulvaney, who worked under former US President Donald Trump, said the crypto industry had developed “professional operations” for lobbying in DC. дальше »

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BNY targets crypto ETF custody post-SAB 121 review

Following an exemption from an SEC staff accounting bulletin, BNY edged closer to Bitcoin and Ethereum custody. Bloomberg reported that BNY was poised to provide crypto custodial services for spot Bitcoin (BTC) and spot Ether (ETH) exchange-traded funds on Wall… дальше »

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BNY Mellon targets crypto ETF custody post-SAB 121 review

Following an exemption from an SEC staff accounting bulletin, BNY Mellon edged closer to Bitcoin and Ethereum custody. Bloomberg reported that BNY Mellon was poised to provide crypto custodial services for spot Bitcoin (BTC) and spot Ether (ETH) exchange-traded funds… дальше »

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IMF staff propose REDI framework to catalyze CBDC adoption

IMF staff members have introduced a high-level four-stage framework emphasizing regulation, education, design and incentives to enhance CBDC adoption. дальше »

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Mi Primer Bitcoin Promotes Two Staff Members to Leadership Roles

The open-source Bitcoin education platform founded in El Salvador moves two members of its in-house talent — one a native Salvadoran — into supervisory positions. дальше »

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SEC softens stance around SAB-121: Galaxy Research

In May, United States congressional lawmakers voted to repeal Staff Accounting Bulletin-121 in a 228-182 bipartisan vote.

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Top GOP lawmakers scrutinize SEC’s Gensler on hiring

Gary Gensler, chair of the Securities and Exchange Commission, is under fire for his staff hiring choices at the regulatory agency. Republican lawmakers have opened an investigation into hiring decisions at the U. дальше »

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SEC’s Hester Peirce questions Commission’s stubborn stance on SAB 121

US Securities and Exchange Commission (SEC) Commissioner Hester Peirce has raised ongoing concerns about the SEC’s Staff Accounting Bulletin No. 121 (SAB 121). Peirce’s comments came after a Sept. дальше »

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SEC ‘dug in’ on bank crypto custody rule as agency’s stance ‘unchanged’

SEC chief accountant Paul Munter said agency staff views on a divisive rule curtailing banks from offering crypto custody services “remain unchanged.” дальше »

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Blockchain Developer Alchemy Buys BWare, Pushing Into Europe, Adding About 25% to Staff

Company officials told CoinDesk this was its biggest acquisition to date, bringing on 42 developers and engineers from the Bware team and increasing Alchemy's headcount to 210. дальше »

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DeFi network Radix team cuts 15% of staff, citing need to ‘refocus’

Piers Ridyard, the CEO of RDX Works, said the cuts are part of a “more comprehensive set of changes that need to be made.” 

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20% of Binance’s new hires this year will be in compliance, says CEO

The company aims to increase its compliance workforce by 200 this year, along with another 800 staff in other departments. 

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Ex-Coinbase staff founded NPC Labs raises $21M to build gaming on Base

The $21 million funding effort was led by Pantera Capital, which contributed $18 million, and included funding from Makers Fund, Hashed, Mirana Ventures, and several other investors. дальше »

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Bitcoin mining analyst on Bitfarms: ‘CEO overhang now lifted’

Despite recent takeover attempts and staff changes, analysts at H.C. Wainwright believe that Bitfarms’ future is bright.  On Wednesday, Bitcoin mining company Bitfarms hosted a virtual fireside chat featuring newly appointed CEO Ben Gagnon and CFO Jeff Lucas. This event… дальше »

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US House fails to overturn Biden’s veto on SEC crypto rule

US House voted 228-184 in favor of overriding President Joe Biden’s veto of H. J. Res. 109 on SAB 121. The vote however fell short of required two-thirds majority. The US House of Representatives has failed to override US president Joe Biden’s veto on legislation that sought to nullify SEC’s Staff Accounting Bulletin (SAB) 121. дальше »

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U.S. House vote to overturn Biden’s SAB 121 veto set for Wednesday

The U.S. House will vote on a resolution to overturn President Joe Biden’s veto on a bill that had struck down the Securities and Exchange Commission (SEC)’s Staff Accounting Bulletin 121, or SAB 121. Biden vetoed the legislation after the… дальше »

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Ron Wyden on FISA Reform and Crypto

Sen. Ron Wyden (D-Ore. ) has been a long-standing member of the U. S. Senate, and was a sponsor or co-sponsor of several key pieces of legislation enabling broad adoption of the internet. More recently, he voted in favor of a House Resolution overturning the Securities and Exchange Commission's Staff Accounting Bulletin 121, and questioned threats to personal and financial privacy online. дальше »

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American retailer Target to roll out AI chatbot in US stores by August

The AI chatbot, Store Companion, will be used on handheld devices, providing staff members with immediate answers to any work-related questions they may have. дальше »

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Stablecoin Giant Paxos Shocks With 20% Workforce Slash

Paxos, a key player in the cryptocurrency industry, has caused a stir with an unexpected move. The company recently laid off approximately 20% of its staff, roughly 65 employees. This decision, however, appears to be part of a calculated gamble rather than a sign of financial distress. дальше »

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Paxos Cuts 20% of Staff: Reports

Bloomberg report says the company will have an increased focus on tokenization. дальше »

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Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’

Stablecoin issuer Paxos downsized its workforce by 20% despite robust finances and optimistic growth projections in the stablecoin market, Bloomberg reported on June 12. In an email that notified employees of the change, Paxos CEO Charles Cascarilla said the staff reduction will allow the company to “best execute on the massive opportunity ahead in tokenization […] The post Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’ appeared first on CryptoSlate. дальше »

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Stablecoin issuer Paxos cuts 20% of workforce: report

Paxos has reportedly laid off roughly 20% of its staff, with this decision communicated to the affected employees via email on Tuesday. Crypto publication The Block reported on Wednesday that Paxos co-founder and CEO Charles Cascarilla wrote to employees to… дальше »

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South Korean bank staff embezzles $7.5m to invest in crypto

An employee of South Korea’s Woori Bank has confessed to the police of embezzling $7.3 million from the bank to fund personal crypto investments, most of which failed. According to reports from local news outlets, the employee who has not… дальше »

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House Appropriation budget aims to prevent SEC from implementing SAB 121

An upcoming House Appropriation budget could prevent the US SEC from implementing its controversial Staff Accounting Bulletin 121 (SAB 121). FOX Business reporter Eleanor Terrett, who reported the news on June 4, said the bill will prohibit the SEC from using appropriated funds to implement the rule. дальше »

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House Appropriation bill targets SEC’s controversial SAB 121 amid budget talks

An upcoming House Appropriation budget could prevent the US SEC from implementing its controversial Staff Accounting Bulletin 121 (SAB 121). FOX Business reporter Eleanor Terrett, who reported the news on June 4, said the bill will prohibit the SEC from using appropriated funds to implement the rule. дальше »

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SEC to Shutter Office Behind Failed DEBT Box Crypto Lawsuit

The Securities and Exchange Commission's Salt Lake City office – notorious in the crypto world for its failed fraud lawsuit against DEBT Box – will shut down after seeing "significant attrition" among its staff, some of whom were pushed out over the case. дальше »

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Presidential Veto Alert: Biden Blocks SAB 121 Overturn

US President Joe Biden has vetoed congressional resolution H. J. Res. 109, which seeks to repeal the US Securities and Exchange Commission (SEC) Staff Accounting Bulletin (SAB) No. 121, a controversial guidance measure that is widely viewed as anti-crypto. дальше »

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Biden Vetoes Congress’ Pro-Crypto Resolution, Supports SEC Stance

President Joe Biden vetoed a Congressional resolution to overturn the SEC's Staff Accounting Bulletin No. 121 (SAB 121), showing his administration's commitment to strict financial regulations. дальше »

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Biden vetoes resolution to overturn of SEC’s controversial SAB 121

US President Joe Biden vetoed H. J. Res. 109, which aimed to overturn the of the SEC’s controversial SAB 121 rule, on May 31. Biden wrote that SAB 121 represents the “considered technical” views of SEC staff. дальше »

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U.S. President Biden Vetoes Resolution Overturning SEC Guidance

U.S President Joe Biden signed a veto of a House Joint Resolution that would have repealed the Securities and Exchange Commission's (SEC) Staff Accounting Bulletin 121. дальше »

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Lawmakers urge Biden administration to reconsider veto for SAB 121 repeal

A bipartisan coalition of lawmakers has urged the Biden Administration to abandon its plan to veto the Congressional proposal to repeal the SEC’s controversial Staff Accounting Bulletin No. 121 (SAB 121). дальше »

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Lawmakers push Biden to approve SAB 121 overturn to allow regulated financial firms to hold crypto

Patrick McHenry and Cynthia Lummis led lawmakers urging Biden to reconsider vetoing bipartisan CRA overturning SEC Staff Accounting Bulletin 121. The post Lawmakers push Biden to approve SAB 121 overturn to allow regulated financial firms to hold crypto appeared first on Crypto Briefing. дальше »

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Senator Lummis sends letter to Biden urging no veto for SAB 121 repeal

The Senator pointed to the troubling manner in which the Securities and Exchange Commission issued its controversial staff accounting bulletin. дальше »

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