Russian Government Crypto Chief: Mining Regulation Our Priority

Russian Government Crypto Chief: Mining Regulation Our Priority

Last updated: April 8, 2024 19:30 EDT | 3 min read The Russian government’s crypto working group chairman believes Bitcoin (BTC) mining regulation is now a priority for Moscow. After years of... Read more »
US Government Proposes a 30% Excise Tax For Crypto Miners

US Government Proposes a 30% Excise Tax For Crypto Miners

President Joe Biden’s administration is taking a firm stance on environmental sustainability and digital asset regulation. The US Department of the Treasury has proposed a 30% tax on electricity consumption by crypto... Read more »
Chinese Government Crypto Warning: What is Bitcoin’s Status in China

Chinese Government Crypto Warning: What is Bitcoin’s Status in China

Key Takeaways Chinese government urges caution around crypto products following Bitcoin rally. The country remains one of the largest crypto markets in the world despite banning trading and mining. Crypto exchanges such... Read more »
U.S. government reaches settlement with cryptocurrency mining companies and industry groups, agrees to halt investigation of energy use by cryptocurrency miners

U.S. government reaches settlement with cryptocurrency mining companies and industry groups, agrees to halt investigation of energy use by cryptocurrency miners

Mar 04, 2024 11:16:00 The Texas Blockchain Council (TBC) and Riot Platforms, a Texas-based Bitcoin mining company, have filed an injunction in federal court against the U.S. Department of Energy’s attempt to... Read more »
Bitcoin extends rally to $53k as government shutdown looms

Bitcoin extends rally to $53k as government shutdown looms

Bitcoin extended its rally Monday after a brief flat stint while ether broke out to highs not seen in almost two years. Equities traded sideways ahead of a busy week for economic... Read more »
Nigeria’s Crypto Community Criticizes Government Stance on Exchanges

Nigeria’s Crypto Community Criticizes Government Stance on Exchanges

Last updated: February 23, 2024 10:49 EST | 2 min read Nigeria’s crypto community has slammed the recent anti-industry stance of a government that previously lifted the ban on crypto trading. The... Read more »
U.S. government to sell over $131m in Bitcoin seized from Silk Road

U.S. government to sell over $131m in Bitcoin seized from Silk Road

The U.S. District Court of Maryland has issued a notice regarding the disposition of a substantial amount of Bitcoin from the former marketplace Silk Road, totaling over $131 million.  This action follows... Read more »
Hong Kong Government Seeks Public Input on Legislation for Stablecoin Supervision

Hong Kong Government Seeks Public Input on Legislation for Stablecoin Supervision

Source: Pexels The Financial Services and the Treasury Bureau (FSTB), and the Hong Kong Monetary Authority (HKMA) have jointly introduced a public consultation paper outlining a legislative proposal to regulate issuers of... Read more »
CoinList to Settle with US Government Over Russia Claims

CoinList to Settle with US Government Over Russia Claims

CoinList’s failure to bar users in Crimea has landed it a $1.2 million fine. Key Takeaways CoinList is the latest crypto exchange to run afoul of US sanctions. The firm has agreed... Read more »
US Government Has No Option Except Currency Debasement, and Bitcoin (BTC) Stands To Benefit: Bloomberg Analyst

US Government Has No Option Except Currency Debasement, and Bitcoin (BTC) Stands To Benefit: Bloomberg Analyst

A Bloomberg crypto market analyst says that Bitcoin (BTC) will be one of the main beneficiaries of an inevitable return to currency debasement by the US government. Jamie Coutts says on the... Read more »