Tag: Regulation

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Arizona Senator Launches Bill to Make Bitcoin Legal Tender

A senator in the U.S. state of Arizona has introduced a set of cryptocurrency bills, one of which seeks to make bitcoin legal tender. “Centralized digital money controlled by the central bankers is slavery. Decentralized bitcoin is freedom,” the lawmaker said. Arizona Lawmaker Wants to Make Bitcoin Legal Tender Arizona State Senator Wendy Rogers has…
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Data shows pro Bitcoin traders want to feel bullish, but the rally to $23K wasn’t enough

Bitcoin price has flashed a few bullish signals, but traders are not too keen on adding leverage longs until after the Federal Reserve shows its cards on Feb. 1. Bitcoin (BTC) price had a mixed reaction on Jan. 25 after the United States reported a 2.9% gross domestic product growth in the fourth quarter, slightly…
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FTX legal team calls for Sam Bankman-Fried’s family to answer questions under oath: Report

Joseph Bankman, Barbara Fried and Gabriel Bankman-Fried could reportedly face questions in bankruptcy court about any financial benefits they may have received from FTX. Lawyers representing FTX in bankruptcy court have reportedly argued that former CEO Sam Bankman-Fried’s immediate family should face questioning regarding their personal wealth. According to a Jan. 26 report from Bloomberg,…
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Today in Crypto: Tether Joins Hands with INHOPE to Fight CSAM, Mango Labs Sues Exploiter, ‘UK Must Move Faster’ on Crypto Regulation

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Tether Joins Hands with INHOPE to Fight CSAM, Mango Labs Sues Exploiter, ‘UK Must Move Faster’ on Crypto Regulation  Read more »Sign up for e-EUR – the progressive…
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Ireland’s central bank governor calls for ban on crypto ads targeting young adults: Report

Gabriel Makhlouf reportedly said there was an “uncomfortable” level of crypto advertisements targeting young adults. Gabriel Makhlouf, the governor of the Central Bank of Ireland, reportedly supports legislation that would ban advertising crypto projects to young people. According to a Jan. 25 report from Bloomberg, Makhlouf said before the Committee on Finance, Public Expenditure and…
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Judge denies motions from Celsius users seeking to reclaim assets

Two claimants called out former Celsius CEO Alex Mashinsky in motions, claiming he misled users, while all suggested that the platform’s terms of use left assets in their control. A judge overseeing bankruptcy proceedings for crypto lending firm Celsius Network has denied motions from three users with different claims on assets stuck since July. In…
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Today in Crypto: Digital Surge Saved from Bankruptcy Following FTX Collapse, Circle Blames US SEC for Failed Merger, Celsius Mulling Issuance of a New Token

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Digital Surge Saved from Bankruptcy Following FTX Collapse, Circle Blames US SEC for Failed Merger, Celsius Mulling Issuance of a New Token  Read more »Sign up for e-EUR…
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Crypto Regulation Is Like a Flimsy Umbrella in a Monsoon

You know what they say, “when life gives you lemons, make lemonade.” But when it comes to protecting your crypto funds on centralized exchanges (CEXes), the old adage should be “when life gives you regulations, make a self-custody wallet.” Self-custody is undoubtedly a better solution for protecting the interests of customers in crypto. Regulation alone…
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Bitwise Chief Compliance Officer Predicts Stablecoin Legislation to Arrive This Year – Will This Be Beneficial for the Crypto Industry?

Katherine Dowling, General Counsel and Chief Compliance Officer at the crypto index fund provider Bitwise Asset Management, argued that US Congress would move to regulate stablecoins this year – as the first step towards the crypto industry regulation. … Read More: Bitwise Chief Compliance Officer Predicts Stablecoin Legislation to Arrive This Year – Will This Be…
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Arizona lawmakers seek to make crypto a tax-exempt property

Should the bill pass the legislature, Arizona voters could choose whether virtual currency is tax exempt as part of a November 2024 ballot measure. Lawmakers in the Arizona State Senate are considering a bill aimed at having voters decide whether virtual currency is exempt from property taxation. In legislation introduced to the first session of…
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