Law Decoded: Looking ahead to 2022, Jan. 3–10
By all appearances, we are in for a busy year in crypto regulation and policymaking. Go to Source Powered by WPeMatico
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Kosovo Seizes Hundreds of Crypto Mining Machines in Crackdown
Police in Kosovo seized another batch of over 200 mining devices as part of raids that started on Thursday. The offensive against underground crypto farms was launched after authorities in Pristina banned the power-hungry minting of digital currencies amid an energy crisis in the country. Authorities in Kosovo Confiscate Mining Hardware in Serb Majority North … Read more
President Biden sends CFTC nominations to Senate
With the addition of Caroline Pham’s and Summer Mersinger’s names sent to the Senate for confirmation, the U.S. President has the opportunity to completely reshape the CFTC leadership. Go to Source Powered by WPeMatico
UK lawmakers form crypto advocacy group for parliament: Report
“We are at a crucial time for the sector as global policymakers are also now reviewing their approach to crypto and how it should be regulated,” said the group’s chairperson and MP Lisa Cameron. Go to Source Powered by WPeMatico
Crypto trades in Thailand now reportedly subject to 15% capital gains tax
While Thai crypto investors and miners are required to pay the tax in 2022, exchanges are reportedly exempt from the new duty. Go to Source Powered by WPeMatico
President Biden is considering economists to fill Fed seats as leadership nominations move to Senate: Report
The U.S. president has not officially announced his nominations to fill the vacancies at the Federal Reserve, but two of his picks for CFTC commissioners as well as his choices to lead the Fed are moving to the Senate for confirmation. Go to Source Powered by WPeMatico
Kosovo Halts Cryptocurrency Mining Amid Energy Crisis
The government of Kosovo has decided to suspend crypto mining activities in the country as part of measures to deal with power shortages this winter. The move has been proposed by a special parliamentary committee tasked with bridging the gap between electricity demand and supply. Kosovo Authorities Ban Crypto Mining to Save Needed Energy The … Read more
Bank of Jamaica completes first CBDC pilot
The Bank of Jamaica initially partnered with the Irish cryptography firm eCurrency Mint for its CBDC project in March 2021. Go to Source Powered by WPeMatico
President Bukele predicts Bitcoin $100k rally, further legal adoption and more
Bukele also envisions an oncoming explosive growth for El Salvador’s two in-house BTC-based initiatives — Bitcoin City and Volcano bonds. Go to Source Powered by WPeMatico
How the Democratic Party didn’t stop worrying and fearing crypto in 2021
In 2021, mainstream U.S. Democrats’ stance on crypto has tipped towards skepticism and preference for tighter regulation. Go to Source Powered by WPeMatico