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” US Treasury Dept lists crypto mining firm in latest sanctions against Russia “ The United States Treasury Department has added Russia-based crypto mining services provider BitRiver and several subsidiaries as firms facilitating the evasion of sanctions. In a Wednesday announcement, the Treasury Department’s Office of Foreign Assets Control, or OFAC, said it was taking…
” Crypto-focused PAC has used $9M to support Democratic candidates since January “ Protect Our Future, a political action committee set up in January with backers including FTX CEO Sam Bankman-Fried, has spent more than $9 million to support candidates running for seats in the U.S. House of Representatives. According to reported expenditures with the…
” 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,…
” Crypto Twitter reacts as Russian gov’t reviews finalized crypto bill “ The Ministry of Finance (MinFin) of Russia finalized a draft bill named “On Digital Currency” and has sent it to the Russian government for approval to be passed as law. The draft of the federal law clarifies regulations related to the trading and…
” Regulations set the table for more talent, capital and building in crypto industry “ The feeling in the crypto and decentralized finance space has been shifting and evolving. The industry is also becoming more scrutinized and, inevitably, more organized. Some weeks ago, United States President Joe Biden signed an Executive Order to expedite and…
” DAO regulation in Australia: Issues and solutions, Part 3 “ Lawmakers in Australia want to regulate decentralized autonomous organizations (DAOs). In this three-part series, Oleksii Konashevych discusses the risks of stifling the emerging phenomenon of DAOs and possible solutions. Crypto anarchy is unlikely to be the future that the majority of people support. Company…
” President Biden announces former Ripple adviser as pick for Fed vice chair for supervision “ Following the withdrawal of former Federal Reserve Board governor Sarah Bloom Raskin, United States President Joe Biden has announced his intention to nominate former Obama administration official and law professor Michael Barr as the central bank’s vice chair for…
” 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…
” Crypto mixers’ relevance wanes as regulators take aim “ Cryptocurrency mixers have been an interesting topic of discussion ever since the advent of cryptocurrencies and their adoption by retail investors around the world. Cryptocurrency mixers are services that essentially focus on one feature of a blockchain network: privacy. Cryptocurrency mixers, also known as tumblers,…
” Here’s what’s happening in Web3 across Africa “ Whatever you prefer to call it — crypto, blockchain or Web3 — this new segment of the digital economy is booming across Africa. If you’ve been sleeping on the sector, now’s a good time to wake up. Why? Well for one, according to analytics firm Chainalysis,…