Regulation – Page 241

Laotian govt budget expected to gain $194M from crypto miners by 2022

Lawmakers reportedly plan to use the extra revenue for “priority programs,” including paying down the national debt and responding to the pandemic.

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Miami mayor plans to accept first paycheck entirely in Bitcoin

The mayor said he preferred to use an app like Bitwage or Strike rather than having the local government concert his fiat paycheck into crypto.

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US Treasury report says stablecoin legislation is ‘urgently needed’ to address risks

The group said stablecoin issuers should be held to the same standards as insured depository institutions including state and federally chartered banks.

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Ethereum shillers call for $5K ETH, and this time derivatives data is backing them up

Ether bulls have been calling for $5,000 ETH for years, and now derivatives data suggests that the price is finally realistic.

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South African Finance Minister Seeks to Stop Pension Funds From Investing in Cryptocurrencies

South African finance minister Enoch Godongwana has put forward proposals that bar pension funds from investing in cryptocurrencies, and has also set November 12 as the public comment deadline. Cryptocurrencies a Grey Area According to a report by Business Insider SA, Godongwana’s timeframe for the public to comment on the draft proposals suggests he wants […]

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Bitcoin price descending channel and loss of momentum could turn $60K to resistance

After a slight hiccup in BTC futures premium, traders seem comfortable despite the $58,000 support retest and the risk of $60,000 turning to resistance.

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Apple Co-Founder Steve Wozniak Warns Governments Will Never Allow Crypto to Be Out of Their Control

Apple co-founder Steve Wozniak sees bitcoin as mathematical purity, praising its fixed supply. However, he said that governments will never allow it to be out of their control. “If it got to the point where everything is being done in crypto and didn’t pass through governments for observation and taxation and all that, governments would […]

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Digital Transformation Committee Recommends Amended Ukrainian Crypto Law for Adoption

The law “On Virtual Assets,” Ukraine’s attempt to regulate its growing crypto space, has been revised again and recommended for final adoption. A key parliamentary committee has given its support for the bill which was vetoed by the Ukrainian president this month. Ukrainian Deputies to Vote on Updated ‘Virtual Assets’ Law in November The saga […]

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Russia’s Constitutional Court Expects to Face Crypto-Related Cases

The Constitutional Court of the Russian Federation is going to have to deal more and more often with cases involving new kinds of individual rights, its head has recently admitted. Some of them will be related to cryptocurrencies and blockchain technology, the official believes. Constitutional Court of Russia to Defend Rights Related to Cryptocurrencies Constitutional […]

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Australian Police Confiscate Cryptocurrency Worth $1 Million With Help From FBI

The Australian Federal Police (AFP) has confirmed that the Supreme Court of New South Wales has ordered the forfeiture of cryptocurrency belonging to a convicted hacker. “The amount of cryptocurrency forfeited, more than $1.2 million, is the largest Commonwealth forfeiture of cryptocurrency,” the AFP said. ‘Largest Commonwealth Forfeiture of Cryptocurrency’ The Australian Federal Police (AFP) […]

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