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” Brazil passes law to legalize crypto as a payment method “ While Brazil has not made Bitcoin (BTC) legal tender as El Salvador did last year, the South-American nation has passed a law that legalizes crypto payments throughout the country. The Chamber of Deputies of Brazil, a federal legislative body, has passed a regulatory…
” Bankman-Fried on the hook in Texas, called to appear at Feb. hearing “ Former FTX CEO Sam Bankman-Fried has been called to a Feb. 2 hearing by the Texan securities regulator as part of an investigation into whether he and FTX US have violated Texas securities laws. In a Notice of Hearing signed off…
” Digital assets could add $40B a year to Aussie GDP: Tech Council report “ Up to $40 billion a year (AU$60 billion), could be added to Australia’s national GDP with the right regulatory framework and could lead to enormous cost savings for consumers and businesses according to a new report. The Nov. 29 Digital…
” $16K Bitcoin dropping to $12K–$14K — Can this really happen? Watch The Market Report “ On this week’s The Market Report show, Cointelegraph’s resident experts discuss the possibility of a $12,000–$14,000 Bitcoin (BTC) price and what that would mean for the rest of the crypto space. We start off this week’s show with the…
” FTX reportedly used Alameda’s bank accounts to process customer funds “ The FTX contagion saga sees new revelations around its misconduct every other day, and the latest one solidifies the collusion between the failed crypto exchange and its sister company Alameda Research from the very beginning. FTX, like many other crypto exchanges, found it…
” First US state where you can no longer mine crypto: Law Decoded, Nov. 21-28 “ The state of New York became the first in the United States to impose a moratorium on proof-of-work (PoW) mining, albeit only for two years. Last week, New York Governor Kathy Hochul signed the moratorium into law, prohibiting any…
” National Bank of Ukraine releases draft concept for digital hryvnia “ The National Bank of Ukraine (NBU) has introduced a draft concept for its central bank digital currency (CBDC) candidate digital hryvnia, or e-hryvnia. Ukraine’s central bank on Nov. 28 released a statement on the concept of e-hryvnia, which aims to perform all the…
” Israel’s chief economist lays out recommendations for crypto regulation “ Israel’s chief economist has laid out a list of recommendations as to how policymakers should tackle digital asset laws in the country in order to safely drive up crypto adoption. In a 109-page report submitted to the Minister of Finance on Nov. 28, Shira Greenberg, Chief…
” Calls for regulation get louder as FTX contagion continues to spread “ Crypto executives and politicians are becoming louder in their calls for crypto regulation as the aftermath of the FTX collapse continues to reverberate through the industry. In just the last 24 hours, the European Central Bank (ECB) president Christine Lagarde called regulation…
” FTX resumes employee and contractor payments after weeks in limbo “ Bankrupt crypto exchange FTX has announced it will be “resuming ordinary” cash payments, salaries and benefits to its remaining employees around the world. The announcement came from new FTX CEO John Ray III on Nov. 28, as the insolvency professional looks to help…