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President of Panama Partially Vetoes Crypto Law Passed by National Assembly

Bitcoin.com
President of Panama Partially Vetoes Crypto Law Passed by National Assembly
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President of Panama Partially Vetoes Crypto Law Passed by National AssemblyLaurentino Cortizo, president of Panama, has exercised his veto powers to make a series of objections to the recently approved cryptocurrency law. The observations of the president only touch on certain articles and do not affect the law in its entire scope. However, these articles of the bill will have to be re-discussed, taking into […]
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FTX liquidated .5B in 3AC assets 2 weeks before hedge fund’s collapse

FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapse

Russian Parliament to Review Bill Prohibiting Crypto Payments

Bitcoin.com
Russian Parliament to Review Bill Prohibiting Crypto Payments
Ban
Russian Parliament to Review Bill Prohibiting Crypto PaymentsLegislation making it illegal to pay with cryptocurrencies has been filed with the State Duma, the lower house of Russia’s parliament. The sponsors of the bill want to task crypto platforms to prevent transactions that could facilitate payments with digital assets. Draft Law Banning Use of Cryptocurrency for Payments Submitted to Russian Parliament Russian lawmakers […]
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FTX liquidated .5B in 3AC assets 2 weeks before hedge fund’s collapse

FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapse

Highly Anticipated Bill Aimed at Regulatory Clarity for Crypto To Hit Washington: Report

The Daily Hodl
Highly Anticipated Bill Aimed at Regulatory Clarity for Crypto To Hit Washington: Report
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Highly Anticipated Bill Aimed at Regulatory Clarity for Crypto To Hit Washington: Report

Two US Senators are about to introduce a new bill to Congress aimed at creating a comprehensive regulatory framework for the crypto industry. According to a recent report by Politico, Republican Senator Cynthia Lummis of Wyoming and Democrat Senator Kirsten Gillibrand of New York are prepared to unveil the highly-anticipated bipartisan bill on June 7th. […]

The post Highly Anticipated Bill Aimed at Regulatory Clarity for Crypto To Hit Washington: Report appeared first on The Daily Hodl.

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FTX liquidated .5B in 3AC assets 2 weeks before hedge fund’s collapse

FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapse

Eyes on New York Governor Kathy Hochul After State Lawmakers Pass Moratorium on Proof-of-Work Crypto Mining

The Daily Hodl
Eyes on New York Governor Kathy Hochul After State Lawmakers Pass Moratorium on Proof-of-Work Crypto Mining
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Eyes on New York Governor Kathy Hochul After State Lawmakers Pass Moratorium on Proof-of-Work Crypto Mining

A bill that would create a moratorium on proof-of-work crypto mining has been approved by the New York State Senate and is now on its way to Governor Kathy Hochul’s desk to be potentially signed into law. The legislation would enact a two-year pause on mining tokens that utilize proof-of-work systems, including the top crypto […]

The post Eyes on New York Governor Kathy Hochul After State Lawmakers Pass Moratorium on Proof-of-Work Crypto Mining appeared first on The Daily Hodl.

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FTX liquidated .5B in 3AC assets 2 weeks before hedge fund’s collapse

FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapse

Japan Adopts Legislation Establishing Legal Framework for Stablecoins

Bitcoin.com
Japan Adopts Legislation Establishing Legal Framework for Stablecoins
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Japan Adopts Legislation Establishing Legal Framework for StablecoinsThe parliament of Japan has approved a draft law tailored to regulate stablecoins in the country and protect investors. The new legislation is among the first to be introduced after the recent collapse of the algorithmic stablecoin terrausd. Law on Stablecoins Approved in Japan in Aftermath of UST Collapse Lawmakers in Japan have passed a […]
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FTX liquidated .5B in 3AC assets 2 weeks before hedge fund’s collapse

FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapse

Tough Crypto Law Expected in Russia Despite Central Bank’s Softer Stance on Crypto Payments

Bitcoin.com
Tough Crypto Law Expected in Russia Despite Central Bank’s Softer Stance on Crypto Payments
bill
Tough Crypto Law Expected in Russia Despite Central Bank’s Softer Stance on Crypto PaymentsThe bill “On Digital Currency,” meant to comprehensively regulate crypto transactions in Russia, will be a “tough” law, according to the head of the State Duma Financial Market Committee. The legislation is yet to be finalized and will not be reviewed by lawmakers in the near future, Anatoly Aksakov revealed in an interview, despite Bank […]
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FTX liquidated .5B in 3AC assets 2 weeks before hedge fund’s collapse

FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapse

Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests

Bitcoin.com
Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests
$POWER
Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate SuggestsThe share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On this backdrop, the country’s industry ministry believes it’s time to bring the sector out of the shadows and regulate it. Crypto Miners Burn More Electricity Than Russian Farmers Miners extracting digital currencies account for more […]
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FTX liquidated .5B in 3AC assets 2 weeks before hedge fund’s collapse

FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapse

No Tax Amnesty for Russian Crypto Miners as Lawmakers Withdraw Proposal

Bitcoin.com
No Tax Amnesty for Russian Crypto Miners as Lawmakers Withdraw Proposal
Amnesty
No Tax Amnesty for Russian Crypto Miners as Lawmakers Withdraw ProposalA new draft law has replaced an earlier bill introducing a one-year tax and customs amnesty for cryptocurrency miners in Russia. The initial proposal has been withdrawn on the grounds that the tax break would have resulted in losses for the state budget. Revised Crypto Mining Legislation Submitted to Russian Parliament Without Amnesty for Miners […]
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FTX liquidated .5B in 3AC assets 2 weeks before hedge fund’s collapse

FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapse

Draft Law About NFTs Submitted to Russian Parliament

Bitcoin.com
Draft Law About NFTs Submitted to Russian Parliament
authors
Draft Law About NFTs Submitted to Russian ParliamentLawmakers have filed a bill with the State Duma aimed at introducing the term NFTs to Russian legislation. The authors of the draft say the rights of those who own non-fungible tokens need to be protected as Russians are currently dealing with NFTs at their own risk. Russian Deputies Propose Amendments Legally Defining NFTs Members […]
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FTX liquidated .5B in 3AC assets 2 weeks before hedge fund’s collapse

FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapse

Panama President Mulls Crypto Bill Approval Due to Money Laundering Concerns

Bitcoin.com
Panama President Mulls Crypto Bill Approval Due to Money Laundering Concerns
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Panama President Mulls Crypto Bill Approval Due to Money Laundering ConcernsThe president of Panama, Laurentino Cortizo, has declared he will not sign the recently approved cryptocurrency bill passed by the National Assembly of the country in its current form. Cortizo stated that one of his main concerns about the bill is the stance it takes regarding money laundering activities and crypto. Cortizo may approve some […]
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FTX liquidated .5B in 3AC assets 2 weeks before hedge fund’s collapse

FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapse

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