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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…
“# DeFi literacy: Universities embrace decentralized finance education ” Decentralized finance, or DeFi, has become one of the fastest-growing sectors within the cryptocurrency ecosystem. Data shows that the total value locked (TVL) in all DeFi protocols is now around $130 billion. This is an important metric, as some analysts view TVL as one of the best…
“# US defense contractor Simba Chain raises $25 million to boost NFT efforts ” The United States-based blockchain startup Simba Chain, which provides technology for several U.S. defense organizations, raised fresh funds to scale the business and tap new opportunities like nonfungible tokens (NFTs). The $25 million Series A funding round was led by Valley…
“# Binance CEO says US crypto exchange will go public in three years ” Binance’s affiliate United States-based cryptocurrency exchange Binance US is targeting an initial public offering (IPO) in 2024, according to Binance CEO and founder Changpeng Zhao. BinanceUS is planning to close a large private funding round in the next two months that…
“# 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…
“# US postal inspectors need ‘comprehensive crypto training,’ audit finds ” The United States Postal Inspection Service (USPIS), the law enforcement arm of the U.S. Postal Service, has conducted an internal audit of the way in which it carries out crypto-related investigations and found there’s significant room for improvement. Notably, the USPIS handled only a…
“# Major job postings from the crypto space in 2021 ” As crypto and blockchain firms grow and need to navigate regulatory and economic challenges for the industry, many have to hire outside to find the best workers. This year, major companies, financial institutions, and even government agencies announced they were searching for fresh blood…
“# Former US president calls crypto a ‘disaster waiting to happen’ ” In an interview with Fox Business released today, former U.S. President Donald Trump was questioned about his views on the health of the Wall Street markets, the current administration’s progress, as well as the potential of Bitcoin and the cryptocurrency market. In response…
“# New NY Gov. taps former Obama official to head state’s financial regulator ” Kathy Hochul, the governor of New York who has been in office for only a week since the departure of Andrew Cuomo, has nominated Adrienne Harris to lead the state’s Department of Financial Services. According to a Tuesday Wall Street Journal…