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” Russia’s updated crypto mining bill cuts tax amnesty for Bitcoin miners “ In less than a month, the draft of a crypto mining bill in the Russian parliament has lost several key points, such as the obligation for mining operators to join a special registry and a one-year tax amnesty for all those who’ve…
” WEF 2022, May 24: Latest updates from the Cointelegraph Davos team “ Disclaimer: This article is being updated all day long. All timestamps are in the UTC time zone, with updates in reverse order (the latest update is placed at the top). WEF 2022, the first in-person World Economic Forum event since the pandemic…
” Law Decoded: The long waves in the aftermath of UST’s crash, May 16-23 “ It’s been two weeks since the shock of the TerraUSD (UST) depegging, but the long waves of this event are still coming in. The Congressional Research Service described the UST crash as a “run-like” scenario and claimed that the crypto…
” South Korean police request exchanges freeze LFG related funds “ Crypto exchanges in South Korea have been issued notices from police requesting the sequestering of funds related to the Luna Foundation Guard. On May 23rd, 2022, Korean authorities sent a request to the top crypto exchanges in the country to prevent funds from being…
” WEF 2022: Bankers at WEF see the need for caution and speed on central bank digital currencies “ The process of introducing a central bank digital currency (CBDC) is fraught with unknowns, some of which were elucidated in a panel of experts gathered Monday at the World Economic Forum in Davos, Switzerland. The panel…
” WEF 2022: Most DeFi protocols aren’t really decentralized, says European Parliament VP “ Most decentralized finance (DeFi) protocols aren’t truly decentralized, which means we need proper regulations in place to understand the inner workings of this emerging technology, according to European Parliament vice president Eva Kaili. In an exclusive interview with Cointelegraph at the…
” Litecoin confidential transactions spook Korean exchanges “ The recent privacy-focused MimbleWimble upgrade on the Litecoin (LTC) blockchain has prompted two of Korea’s largest crypto exchanges to issue investment warnings about the fifth-largest cryptocurrency. Bithumb and Upbit, which together account for the majority of trading volume in South Korea, released statements on Monday, advising investors…
” WEF 2022: Ripple CEO reveals he visited SEC several times before lawsuit struck “ Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion Monday at the World Economic Forum in Davos, Switzerland. Garlinghouse, who also occupies a role as a member of the company’s board of directors, commented on a wide…
” Terra’s meltdown highlights benefits of CEX risk-management systems “ The collapse of Terra’s ecosystem — namely, native coin LUNA and algorithmic stablecoin TerraUSD (UST) — rocked the wider blockchain and cryptocurrency ecosystem. Not only did Terra-ecosystem tokens (such as Anchor’s ANC) collapse in value, but the widespread fear, uncertainty and doubt sent market-leading cryptocurrencies…
” Bitcoin stands apart from other crypto, and what that means for US public policy “ United States President Joe Biden’s executive order on digital assets has kickstarted an interagency mission to support financial innovation while protecting American consumers and interests. While many industry leaders welcome the constructive tone, some critics hope for a crackdown….