The bill to suspend crypto mining for 3 years is gaining steam in New York State, while the state’s environmental agency determines how much mining […]
Category: Regulation News
Ukraine cancels token airdrop, reveals new NFT plans
Ukraine has received nearly $40 million in crypto donations, out of which almost $7 million came after the announcement of the now-canceled airdrop.
China’s share in Bitcoin transactions declined 80% post crackdown: PBoC
China has carried out multiple crypto crackdowns and enforced numerous bans on crypto markets since 2013, however, Chinese traders have always found a way to […]
Anti-war Russians start donating crypto to support Ukraine
Crypto could be one of few ways for Russians to help Ukrainians as any identified assistance to Ukraine is considered as high treason by the […]
Tencent files for patent related to virtual concerts in Metaverse
Chinese tech colossus Tencent has continued its foray into the Metaverse after filing a patent for virtual concerts, flying in the face of warnings from […]
New York state ramps up blockchain monitoring to enforce sanctions
Blockchain analytics will help ensure that NY-licensed companies don’t send money to sanctioned Russians.
SEC investigating NFT market over potential securities violations: Reports
NFT creators and marketplaces have been targeted by the SEC for conducting illegal activity in a new wave of regulatory action against unregistered securities.
Hong Kong-listed Huobi Tech launches cryptocurrency OTC service
Formerly known as Pantronics Holdings, Huobi Technology has shifted its focus from electronic products to crypto.
EU is ‘taking measures’ against Russia using crypto to bypass sanctions, say finance ministers
“When it comes to economic and financial sanctions, we want to remain flexible and mobilized,“ said France’s finance minister, Bruno Le Maire.
US lawmakers and Fed chair push for crypto regulation in wake of Russia sanctions
Jerome Powell said that the situation with Russia “underscores the need for really congressional action on digital finance, including cryptocurrencies.”