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” Go green or go home? What the NY State mining moratorium could mean for crypto industry “ On April 26, the State of New York put itself at the forefront of the regulatory struggle with crypto, as its Assembly voted for a two-year moratorium on crypto mining operations that use energy generated by fossil-fuel…
” New York legislators to vote on PoW mining moratorium this week “ New York’s legislature might ban proof-of-work (PoW) crypto mining in the state for at least two years, citing environmental concerns. Over the past weekend, on Saturday and Sunday, several crypto advocacy groups — including the Blockchain Association and Crypto Council for Innovation…
” Noncustodial Bitcoin wallets unbannable, says exec behind Trezor wallets “ As regulators grow increasingly concerned about investors moving their cryptocurrency out of centralized exchanges, one industry exec has assessed the probability of a potential ban of noncustodial wallets. Stepan Uherik, the chief financial officer of SatoshiLabs, the firm behind the Trezor hardware wallet, is…
” Is China’s apprehension to ban NFTs a hopeful sign for investors? “ It’s no secret that China has a clear disdain for all things crypto, as was highlighted last year when the country decided to ban its digital asset industry in its entirety. That said, one niche related to the crypto industry that has…
” With inflation going through the roof, Sudan’s central bank cautions citizens against using crypto “ The Central Bank of Sudan (CBOS) cautioned the country’s citizens against dealing with “all types of cryptocurrencies” due to “the high risks” that they pose. This announcement came as a reaction to the increasing interest in digital assets among…
” Thailand SEC bans crypto payments, seeks disclosure of system failure from exchanges “ In an ongoing effort to carve out a regulated crypto market for the general public, the Thailand Securities and Exchange Commission (SEC) announced a ban on the use of cryptocurrencies for payments. Parallelly, the Commission proposed a new rule that demands…
” RBI seemingly wants to ban cryptocurrencies, but not for the reasons you might think “ On Thursday, the Reserve Bank of India, or RBI, the country’s central bank, published a critical bulletin regarding the cryptocurrency industry. While the report praised the innovative distributed ledger technology associated with digital currencies, the RBI dismissed arguments calling…
“# Bitcoin network’s carbon emission jumped 17% after China ban: Report ” Bitcoin network’s proof-of-work mining consensus has been a topic of evironmental, social and governance (ESG) debates for a long time and a new study may only add to the growing controversy around BTC’s carbon footprint. A new research report titled “Revisiting Bitcoin’s carbon…
“# How are Afghans using crypto under the Taliban government? ” After the Taliban took full control of Afghanistan in August last year, many international non-governmental organizations and services stopped operating in the country. Among them were payment services like Western Union and Swift. Many Afghans subsequently began to learn about cryptocurrencies and the underlying…
“# RCMP asks crypto exchanges to halt trading for wallets connected to truck convoy protests ” As reported by Canadian news outlet The Globe and Mail, the Royal Canadian Mounted Police (Canada’s federal police force) sent letters to several cryptocurrency exchanges demanding that they “cease facilitating any transactions” with more than 30 specific cryptocurrency wallet…