Enforcers around the world are demonstrating their interest to the industry’s largest players.
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Category: Regulation News
Will the Bitcoin mining industry collapse? Analysts explain why crisis is really opportunity
Many BTC miners are in a tough spot and a few could collapse, but experts say the industry is here to stay.
Israel puts the brakes on cash to spur digital payments
It’s believed that Israel will neither be the first nor last country to impose such measures.
Dubai permits full operation to FTX subsidiary FZE via first MVP license
According to Dubai officials, the subsidiary’s operations will serve as a regulatory trial for future commercial services using virtual assets.
Deposits at non-bank entities, including crypto firms, are not insured — FDIC
The government agency said that while deposits at insured banks were covered for up to $250,000, no such protections applied to those at crypto companies.
Chips bill provides for blockchain specialist position in White House science office
The $280 billion bill, which aids the semiconductor industry, also incorporated Representative Darren Soto’s bill to create a position to advise the president on blockchain.
Pat Toomey blames the SEC for crypto lending platform crisis
A crypto-friendly legislator believes the Commission’s regulation-by-enforcement approach to be ineffective.
Marriages and court cases can be held in the Metaverse
Singapore’s Second Minister for Law believes an integrated platform using the Metaverse will make the dispute resolution process more convenient and efficient.
Fed demands Voyager remove ‘false’ claims deposits are FDIC insured
The Fed and FDIC allege that Voyager “made various representations online” that its funds were FDIC insured.
Resistance is futile! 3 reasons why Bitcoin mining will never go away
Numerous governments have tried to ban Bitcoin mining, but data and insights from those in the mining industry suggest that this is easier said than […]