Time for Serious Global Crypto Regulation, Germany Says

Time for Serious Global Crypto Regulation, Germany SaysGermany’s financial watchdog has issued a call for global regulation of the crypto industry in the aftermath of the FTX collapse. The hands-off approach was wrong, the head of the agency says, insisting it’s time to protect consumers as the sector expands links with traditional finance. Bafin President Convinced Self-Regulation Won’t Work for Crypto The […]

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Russia Cracking Down on Crypto Miners Minting in Residential Areas

Russia Cracking Down on Crypto Miners Minting in Residential AreasRussian authorities are now prosecuting miners extracting cryptocurrency using subsidized electricity for the population, according to a top official from the energy ministry. Power utilities are detecting their increased consumption and trying to make them pay at commercial rates. Amateur Crypto Miners in Russia Under Pressure Despite Lack of Regulation for Home Mining Electricity distribution […]

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US Lawmaker Calls on SEC Chair Gensler to Testify About His Crypto Regulatory Failures

US Lawmaker Calls on SEC Chair Gensler to Testify About His Crypto Regulatory FailuresU.S. Congressman Tom Emmer has called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to testify before Congress and “answer questions about the cost of his regulatory failures.” The lawmaker stressed: “Gensler has repeatedly dodged Congress at the expense of investors … leaving us to learn about the SEC’s crypto investigations, […]

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