# Lawmakers explore Bitcoin mining efficiency, broader crypto policy issues during Congress hearing

# Lawmakers explore Bitcoin mining efficiency, broader crypto policy issues during Congress hearing

“# 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…

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# SEC rejects Skybridge’s application for spot Bitcoin ETF

# SEC rejects Skybridge’s application for spot Bitcoin ETF

“# SEC rejects Skybridge’s application for spot Bitcoin ETF ” The United States Securities and Exchange Commission, or SEC, has officially disapproved the application for First Trust SkyBridge’s spot Bitcoin exchange-traded fund after several deferments. In a Thursday filing, the SEC rejected a proposed rule change from the New York Stock Exchange, or NYSE, Arca…

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# Witnesses address energy impacts of crypto mining during House hearing

# Witnesses address energy impacts of crypto mining during House hearing

“# Witnesses address energy impacts of crypto mining during House hearing ” Five industry experts appearing before the United States House Energy and Commerce Oversight Subcommittee had different views on how lawmakers should address the energy consumption of cryptocurrencies. In written testimony released before a Thursday hearing on “Cleaning Up Cryptocurrency: The Energy Impacts of…

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# BIS general manager: Central banks generate trust, not big techs or “anonymous ledgers”

# BIS general manager: Central banks generate trust, not big techs or “anonymous ledgers”

“# BIS general manager: Central banks generate trust, not big techs or “anonymous ledgers” ” In a speech entitled “Digital currencies and the soul of money,” Agustín Carstens, the general manager of the Bank of International Settlements,’ criticized private stablecoins and decentralized finance (DeFi), touting central bank-led financial innovation as the best possible path to…

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