# Trezor removes controversial address verification protocol, other wallets follow suit

# Trezor removes controversial address verification protocol, other wallets follow suit

“# Trezor removes controversial address verification protocol, other wallets follow suit ” Since 2019, Swiss financial crypto intermediaries have required proof of ownership of an external wallet’s address for Bitcoin withdrawals and deposits to their customers’ non-custodial wallets. One automated mechanism used for this is the Address Ownership Proof Protocol, or AOPP.   The Trezor…

Read More
# U.S. Congressman wants to scrub bill provision that crypto advocates say is a potential disaster

# U.S. Congressman wants to scrub bill provision that crypto advocates say is a potential disaster

“# U.S. Congressman wants to scrub bill provision that crypto advocates say is a potential disaster ” North Carolina Representative Ted Budd submitted an amendment to the omnibus America COMPETES Act of 2022, specifically targeting the provision that would allow the Treasury Department to impose “special measures,” including surveillance and outright prohibitions, against “certain transmittals…

Read More
# Fidelity seeks approval for 2 more crypto-metaverse ETFs

# Fidelity seeks approval for 2 more crypto-metaverse ETFs

“# Fidelity seeks approval for 2 more crypto-metaverse ETFs ” Fidelity Investments appeared undeterred by the U.S. Securities and Exchange Commission’s, or SEC’s, rejection of its Wise Origin Bitcoin Trust spot exchange-traded fund (ETF) on Thursday. Following the setback, the company filed two more prospectuses involving crypto-metaverse ETFs for regulatory approval. The proposals are for the…

Read More
# Clampdown on crypto ads: A one-off or a new phase of global regulation?

# Clampdown on crypto ads: A one-off or a new phase of global regulation?

“# Clampdown on crypto ads: A one-off or a new phase of global regulation? ” Over the last week, regulators in three major jurisdictions across two continents introduced new rules governing cryptocurrency-related promotions and advertisements. Citing consumer risks associated with digital asset investments, authorities in the United Kingdom, Singapore and Spain tightened the requirements around…

Read More