South Korean judge dismisses arrest warrants for Terra co-founder Do Kwon’s former associates
Judge Hong Jin-Pyo reportedly said there was little risk of Shin Hyun-seong or other Terra associates destroying evidence related to the case against the platform.This post was originally published on this site
Sen. Warren: Biden administration worked to stop crypto being ‘dangerously intertwined’ with banks
The Massachusetts senator, an outspoken skeptic of crypto, applauded the efforts of FDIC acting chair Martin Gruenberg to separate digital assets from banking.This post was originally published on this site
New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective
Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A law signed by fellow Democrat and New York Governor Kathy Hochul temporarily limits the minting of digital currencies using fossil fuels. New York Mayor and Bitcoin Supporter Eric Adams to […]
Canada crypto regulation: Bitcoin ETFs, strict licensing and a digital dollar
The first and the last major attempt to encourage a comprehensive crypto framework was buried in the House of Commons on Nov. 23. This post was originally published on this site
SEC chair’s crypto oversight strategy in question as ecosystems collapse
Congressman Tom Emmer showed concerns about the oversight strategy implemented by Gary Gensler, the chair of the U.S. Securities and Exchange Commission for the crypto ecosystem. This post was originally published on this site
FTX’s collapse could change crypto industry governance standards for good
Following FTX’s downfall, experts believe that centralized exchanges will be faced with increased regulatory scrutiny, potentially eliminating a lot of players from the fray. This post was originally published on this site
Russia Prepares to Create Government-Controlled Crypto Exchange
Lawmakers in Russia are drafting legislation that would allow the establishment of a “national cryptocurrency exchange,” local media unveiled. Coins now circulate outside of government oversight and the Russian state is losing budget revenues in the billions of rubles, pointed out one of the participants in these efforts. Legislators Want Russia to Have Its Own […]
New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels
A moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in the state will not be able to expand or renew their permits for the next two years as a result of the ban, which is likely to have consequences for […]
‘Substantial amount’ of FTX’s assets stolen or missing — bankruptcy counsel
“We’re not just talking about crypto assets, or cash assets, or physical assets — we’re also talking about information, and information here is an asset,” said James Bromley.This post was originally published on this site
Election tally: Does blockchain beat the ballot box?
With election integrity under assault in the United States and elsewhere, is blockchain technology part of the solution? Greenland explores voting options. This post was originally published on this site