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Regulation
3 More Chinese Provinces Shutter Crypto Mines as Clampdown Continues
Henan, Gansu, and Anhui provinces are the latest provinces to crack down on crypto mines to curtail energy use.
Paraguay Proposed Bitcoin Law Includes Crypto Registration: Report
The bill reportedly seeks to regulate ownership and registration of crypto as well as crypto mining operations.
Market Wrap: Bitcoin Weakens as US Inflation Hits 13-Year High
Buyers are snapping at bitcoin whenever it dips to $30,000, but the cryptocurrency’s price response to faster inflation readings is puzzling Wall Street analysts.
France Wants EU to Give ‘Greater Powers’ to ESMA in Overseeing Crypto: Report
France proposed the change as part of a package of reforms to strengthen financial regulation across Europe.
Bitmain Co-Founder Wu Says Regulatory Pressure Is Healthy for Crypto: Report
The higher level of interest will benefit the reputation of crypto overall, he said.
Chinese Miner The9 Reserves Facilities From Russia's BitRiver
Facing regulatory pressure at home, The9 is looking to locate elsewhere.
Why Crypto Miners Are Expanding Beyond Quebec
Two large bitcoin miners are growing beyond Quebec because of restrictions on the use of power to run their operations.
USDC Assets to Be Disclosed in SEC Filings, Circle CEO Says
“Our intention is to include greater reserves transparency” as the stablecoin operator goes public via a SPAC deal, Jeremy Allaire told CoinDesk TV Friday.
Market Wrap: Bitcoin Sells Off as Regulatory Concerns Resurface
“We expect volatility to remain under pressure until mid [to] late August,” said one trading firm.
Regulators Everywhere Should Follow Wyoming’s DAO Law
Wyoming's world-first law on DAOs is the start of recognizing these legal entities worldwide, says a lawyer specializing in such arrangements.
