The New York Senate Passes a Bill to Ban Bitcoin Mining
During an early morning session of the state senate on Friday, New York lawmakers passed a bill banning some types of cryptocurrency mining that use...
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U.S. Accuses Former OpenSea Employee with NFT Insider Trading
Manhattan federal prosecutors have accused a former product manager at OpenSea, the biggest online marketplace for non-fungible tokens (NFTs), of insider trading. This is the...
65% of Transactions Will be Digital by 2026, a BCG-PhonePe Report Says
As consumers continue to go cashless and move into the digital payment system, the practice of holding a physical wallet when shopping or making offline...
Stablecoins Fail to Meet Requirements for Massive Use, Bank of England Says
As a result of the recent TerraUSD crash, which dropped to zero over the course of many days, sliding below parity, a Bank of England...
Technologists Call on the US Lawmakers to Resist the Influence of the Crypto Industry
The first coordinated campaign to challenge well-funded lobbying by blockchain corporations has united a group of prominent experts to encourage US lawmakers to crack down...
Britain’s Finance Ministry Will Adapt Existing Rules to Deal With Any Stablecoin Collapse
Following the crash of Terra’s stablecoin earlier this month, the UK Treasury has proposed a new insolvency regime to safeguard consumers’ assets, as Britain’s finance...
South Korea is Establishing a Crypto Regulatory Agency
According to local media sources, South Korea plans to establish a digital asset monitor as early as June. Since the Terra ecosystem’s demise, the South...
China Eases Covid Restrictions and Crypto Market Rises
The worldwide cryptocurrency market has seen a modest boost in its price, making it an exciting start to the week for Bitcoin and other major...
Australian Consumer Advocates Call for Urgent Regulation of the Crypto Sector
An Australian consumer advocacy organization, Choice has urged the new Labor government to prioritise cryptocurrency regulation as part of a proposed regulatory framework to better...
Top Crypto Exchanges Show their Support for the Terra 2.0 Airdrop
Following the passage of a proposal to build “Terra 2.0,” major worldwide cryptocurrency exchanges have declared that they will support the imminent relaunch of Terra....