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“# Lawmakers explore Bitcoin mining efficiency, broader crypto policy issues during Congress hearing ” On Jan. 20, the Oversight and Investigations subcommittee of the U.S. Congress House Energy and Commerce Committee convened a hearing to investigate the environmental effects of cryptocurrency mining. Despite the narrow focus, the conversation that ensued – which many industry experts…
“# Jack in the Box ends suit against FTX for allegedly stealing its mascot ” Jack in the Box’s lawsuit against FTX US over an alleged mascot-related copyright and trademark infringement has come to an end after the parties reached a settlement. The duo informed the District Court for the Southern District of California that…
“# Former Binance US CEO Catherine Coley is still missing, and no one seems to be talking ” Around the time Binance.US announced former Comptroller of the Currency Brian Brooks would be leading the crypto exchange, former CEO Catherine Coley effectively dropped off the face of the digital world. Coley, who had regularly posted updates…
“# Russian central bank proposes blanket ban on crypto mining and trading ” In a report published on Thursday, The Central Bank of Russia has called for a blanket ban on domestic cryptocurrency trading and mining. The report titled “Cryptocurrencies: trends, risks, measures” compares cryptocurrencies to a Ponzi scheme and calls for a complete ban…
“# SEC Advisory Committee member calls agency to open for public comment on crypto regulation ” Associate law professor and member of the Securities and Exchange Commission’s Investor Advisory Committee J.W. Verret is calling for the government agency to open for public comment in regards to digital asset regulation. In a petition addressed to SEC…
“# Former pro-crypto CoC Brian Brooks to testify in a House hearing on the energy impacts of mining ” As U.S. Congress is preparing to take a thorough look at the energy use of crypto mining, the list of witnesses for the Thursday hearing contains more proponents of blockchain technology than its outright critics. The…
“# Early birds: U.S. legislators invested in crypto and their digital asset politics ” According to some estimates, as many as 20% of Americans were invested in cryptocurrencies as of August 2021. While the exact number can vary significantly from one poll to another, it is clear that cryptocurrencies are no longer just a niche…
“# Law Decoded: First-mover advantage in a CBDC conversation, Jan. 10–17 ” Last week saw an unlikely first move in the opening narrative battle around a prospective U.S. central bank digital currency: Congressperson Tom Emmer came forward with an initiative to legally restrict the Federal Reserve’s capacity to issue a retail CBDC and take on…
“# Pakistan’s president calls for more training in blockchain technology ” Arif Alvi, currently serving as the president of Pakistan, called for additional training in emerging technologies including blockchain, artificial intelligence, and cybersecurity while meeting with a delegation of blockchain technology experts. In a Monday announcement, Alvi said Pakistan’s talent pool should be ready to…
“# Bitfinex advises Ontario-based users to close accounts before March 1 ” In a Friday announcement, Bitfinex said it would be immediately closing the accounts for Ontario-based customers who have no balances on the platform. In addition, it planned to restrict access to those who do not have open positions in the exchange’s peer-to-peer financing…