US Treasury says it must ‘modernize and adapt’ to digital currencies
“Digital assets and payments systems could harm the efficacy of our sanctions” if left unchecked, the Treasury said. Go to Source Powered by WPeMatico
Cryptocurrencies
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Bitfury CEO confirms IPO considerations are part of expansion plans
In 2018, Bitfury raised $80 million from investors like Michael Novogratz’s Galaxy Digital at a $1 billion valuation. Go to Source Powered by WPeMatico
Interactive Brokers launches crypto trading in US for four tokens
U.S.-based financial advisers with Interactive Brokers are now able to recommend cryptocurrency investments to their clients. Go to Source Powered by WPeMatico
Ankr Network, Stacks and Kadena rally while most altcoins cool off
ANK, STX and KDA took a different path than most altcoins by posting double-digit gains over the past 24-hours. Go to Source Powered by WPeMatico
NY AG directs 2 crypto firms to shut down, investigates 3 others
NY AG “will not hesitate to take whatever actions are necessary against any company that thinks they are above the law,” said Letitia James. Go to Source Powered by WPeMatico
Institutional managers hold a record $72.3B of crypto — CoinShares
Bitcoin and the broader cryptocurrency market are bullish again; institutional investors have increased their allocation accordingly. Go to Source Powered by WPeMatico
Law Decoded: Best regulation is self-regulation, Oct. 11–18
As the crypto space gets all worked up by the impending launch of Bitcoin exchange-traded funds, the captains of the industry take it upon themselves to offer sketch the designs of future regulatory regimes. Go to Source Powered by WPeMatico
Grayscale confirms Bitcoin ETF plans and adds exposure to Zcash, Stellar Lumens, and Horizen to its trusts
Grayscale said it would proceed “once there’s official and verifiable evidence of the SEC’s comfort with the underlying Bitcoin market.” Go to Source Powered by WPeMatico
How to make DeFi easier for newcomers, explained
Navigating through the world of DeFi should be easier, and this company offers a user-friendly solution. Go to Source Powered by WPeMatico
Russia, Belarus Move to Introduce Special Electricity Tariffs for Crypto Miners
Authorities in Belarus and the Russian Federation are taking steps to separate cryptocurrency miners from other groups of power users and deny them access to subsidized energy. This could lead to the adoption of differentiated electricity rates for businesses involved in digital coin minting activities. Cryptocurrency Miners in Russia and Belarus May Face Higher Energy … Read more