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“# Survey finds lower paid workers are quitting jobs thanks to crypto profits ” Data suggests that some low-paid members of the workforce are quitting their jobs after making life-changing crypto gains. Analytics firm Civic Science posted survey results (weighted according to U.S. census data) on Nov. 1, which shows that 4% of 6741 respondents…
“#Famous landmarks in Alaska” This article of the World Landmarks series examines some of the famous landmarks in Alaska. From the majestic Denali Mountain and the endless Glaciers to the historic McCarthy town, Alaska is packed with natural wonders and impressive sites. As usual in these pieces, we invited a few other bloggers to share…
“# Law Decoded: Post-ETF policy landscape and Novi fears, Oct. 18–25 ” The biggest regulatory story of the week, if not the year, has been the United States Security and Exchange Commission’s lack of opposition to the launch of the first-ever Bitcoin (BTC) exchange-traded funds, which took eight long years to materialize. While the first ETFs…
“# How will DOJ’s new crypto enforcement team change the game for industry players, good and bad? ” On Oct. 6, the United States Department of Justice, or DOJ, announced the creation of a specialized unit, the National Cryptocurrency Enforcement Team, or NCET, tasked with prosecuting criminal misuses of digital assets and crypto infrastructure, as…
“# CFTC slaps Tether and Bitfinex with a combined $42.5 million fine ” On Oct. 15, the Commodity Futures Trading Commission, or CFTC, handed sister crypto companies Tether and Bitfinex fines totaling $41 million and $1.5 million, respectively, citing violations of the Commodity Exchange Act, or CEA, and of a prior CFTC order. The regulator has…
“# Coinbase unveils its Digital Asset Policy Proposal to spark conversation around comprehensive crypto regulation ” On Oct. 14, cryptocurrency exchange platform Coinbase published its Digital Asset Policy Proposal, a document offering both a justification and conceptual framework for comprehensive regulation of digital assets in the United States. Coinbase presented the proposal as a product…
“# Bitcoin rewards triggered shopping frenzy for cardholders: BlockFi data ” Bitcoin (BTC) turned out to be a far more attractive prize than airline miles or other cashback rewards, new data from BlockFi suggests. It’s been three months since the New York-based crypto loans startup launched its Visa-backed Bitcoin rewards credit cards, BlockFi Rewards Visa…
“# Law Decoded: Putting your Bitcoin where your mouth is, Oct. 4–11 ” There is nothing surprising about Senator Cynthia Lummis, a Wyoming Republican known to be among the staunchest crypto supporters in the U.S. legislature, revealing a sizable Bitcoin (BTC) purchase that she had made earlier in the summer. It is still oddly satisfying to…
“# Law Decoded: Infrastructure woes and benevolent punishments, Sept. 27–Oct. 3 ” This week, United States lawmakers and regulators have stolen much of the spotlight once more. The cryptocurrency-related provisions of the infrastructure bill, a tiny grain of sand in the grand scheme of the omnibus legislation, had all laser eyes glued to the fateful…
“# Actions speak: China’s crypto ban may reveal digital yuan CBDC goals ” Chinese regulatory authorities gave yet another shock to the cryptoverse by imposing a ban on all cryptocurrency transactions on Sept. 24. This measure came just as the market was beginning to recover from the government’s June prohibition on cryptocurrency mining activities. The…