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” Law Decoded: Paris is always a good idea, even for talking crypto policy — April 11–18 “ Last week was the Paris Blockchain Week, and the epicenter of crypto policy and regulatory conversation moved to the French capital accordingly. Cointelegraph reported extensively from the ground and ran a series of interviews with some of…
” Is Bitcoin ‘cheap’ below $40,000? BTC derivative metrics are mixed “ Bitcoin (BTC) dipped below $40,000 support on April 18, and the two-week 15% correction was enough to prompt predictions of $30,000 prices in the near term. Meanwhile, regulatory uncertainties continue to be a key concern for investors, including the failed European Know Your Customer…
” Iran to stiffen penalties for illegal use of subsidized energy in crypto mining “ The Iranian government will increase penalties for the use of subsidized energy in crypto mining. The move marks another step in the tightening of mining regulation in the country that had faced energy shortages in recent years. On April 16,…
” Portuguese regulator grants first crypto license to a bank “ Portuguese based bank Bison Bank has received permission from Portugal’s Central Bank (Banco de Portugal) to operate as a “virtual asset service provider ”(VASP), making the first bank in the country to be given the green light by the regulator. On Thursday, Banco de…
” Texas regulators order virtual casino to stop selling NFTs “ A virtual, Cyprus-registered casino Sand Vegas Casino Club faced an emergency cease and desist order from Texas and Alabama state securities regulators. The company is ordered to “stop a fraudulent investment scheme tied to metaverses”. On April 13, the Texas State Securities Board reported…
” MEP Stefan Berger: ‘Yes, we need regulations, but you still have to leave room to breathe’ “ The European Parliament’s Committee on Economic and Monetary Affairs recently approved a draft of its comprehensive Markets in Crypto Assets, or MiCA, crypto regulation package. The new framework covers a wide range of crypto-related subjects, such as…
” Brazilian Senate announces incoming approval of the ‘Bitcoin law’ “ The bill regulating the cryptocurrency market in Brazil is expected to be approved by the National Congress in the first half of this year, according to Cointelegraph Brazil. The legislation, which has been debated in the Chamber of Deputies since 2015, has been approved…
” Law Decoded: Crypto risks, imaginary and real, and creative ways of addressing them, April 4–11 “ Last week, there was a lot of regulatory talk about crypto-related risks. While this is very common in itself, some angles and proposed solutions to such risks came across as novel. In the United States, the Federal Deposit…
” Bears have a $100M reason to keep Bitcoin price under $45K until Friday’s options expiry “ Some analysts argue that Bitcoin (BTC) rallied too fast and too soon and the weakness that we see on April 7 is a result of that. Currently, a new COVID-19 variant has caused the Chinese government to implement…
” Samson Mow introduces new nation-state adoption for crypto in Bitcoin 2022 “ Speaking at the Bitcoin 2022 conference in Miami, Samson Mow, former chief strategy officer of Blockstream, named three new jurisdictions that would be adopting or proposing to adopt Bitcoin (BTC) as legal tender. As told by Mow, the first is that of…