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“# Cryptocurrencies now legally recognized under commercial law in Texas ” Two bills aimed at furthering the adoption of cryptocurrencies and blockchain are now law in the state of Texas. Texas House Bills 4474 and 1576, passed by both chambers in the state legislature in May and signed into law by Governor Greg Abbott in…
“# Illegal crypto mining not the cause of power shortages in Iran, ministry says ” Iran’s Ministry of Industry, Mine and Trade reportedly dismissed claims by leading power company Tavanir that blamed illegal cryptocurrency miners for the ongoing power shortages in the country. According to a report by the Financial Tribune, Alireza Hadi, the ministry’s…
“# Australia, Singapore, Malaysia and South Africa launch joint CBDC pilot ” The central banks of Australia, Singapore, Malaysia and South Africa have announced a joint initiative to trial international settlements using central bank digital currencies (CBDCs). The initiative, dubbed Project Dunbar, will prototype shared platforms enabling direct transfers between institutions using digital currencies issued…
“# SEC boss tells EU Parliament crypto and fintech could be as disruptive ‘as the internet’ ” Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), has appeared virtually before the European Parliament to share his policy recommendations regarding the regulation of crypto assets. Speaking to the Parliament’s Committee on Economic and…
“# Mayoral candidate pledges to make NYC ‘most cryptocurrency-friendly city in the nation’ ” Curtis Sliwa, a beret-wearing Republican running to be the mayor of New York City, said one of the goals of his campaign is to focus on crypto. In a Wednesday tweet, Sliwa said he would be focusing on creating greater financial…
“# El Salvador police arrested and released Bitcoin detractor without a warrant ” An El Salvadorian news outlet has reported that local police arrested a computer and cryptocurrency expert who was critical of the country accepting Bitcoin as legal tender for hours before later releasing him. According to multiple interviews conducted Wednesday by La Prensa…
“# Expanding ecosystem and LedgerX acquisition send FTX Token (FTT) to a new ATH ” Real-world adoption and brand awareness are one of the best ways for a blockchain project to increase its value and attract new users to users to its ecosystem. One project that has seen massive growth throughout 2021 thanks to its…
“# Survey finds Europeans want home countries to regulate crypto, not EU ” A large-scale poll across 12 European Union member states reveals that a majority of Europeans would prefer local governments to create and regulate cryptocurrencies. Redfield & Wilton Strategies carried out a survey for Euronews, polling 31,000 respondents from Estonia, France, Germany, Greece, Hungary, Italy,…
“# Not Legal Advice… America: The world’s most creative junkie ” Not Legal Advice… is a monthly column from Zachary Kelman, Cointelegraph’s general counsel. He is a New York-licensed attorney specializing in political, legal and regulatory issues surrounding Bitcoin, digital currencies and blockchain technology. For two decades, United States presidents kept the American military in…
“# Belarus president Lukashenko calls on state to mine cryptocurrency ” Belarusian President Alexander Lukashenko has called on the government to mine cryptocurrency use spare power infrastructure. Lukashenko spoke at the opening of the Petrikovsky mining and processing plant on Aug. 27, urging workers to move into crypto mining in Belarus instead of pursuing low-paying…