Regulation
New York Senate Gives Moratorium on Bitcoin Mining Operations Per Climate Change Concerns
New York Senators are seeking a new law that clamps down on coal-powered mining while giving exceptions to green energy-powered Bitcoin mining.
Chinese MIIT Issues Guidance on Blockchain Technology
China has issued guidelines for promoting the application of blockchain technology and industrial development.
China's Hainan Province Cautions Citizens Against Illegal Crypto Trading
China's Hainan Province has banned illegal crypto offerings, upholding the country's early ban on digital currency-related activities.
U.S. Treasury Requests Report to IRS for Crypto Transfers Over $10,000
The U.S. Treasury Department today proposed to the U.S. Internal Revenue Service that investors need to report on crypto transactions of more than $10,000.
The Collapse of the Cryptocurrency Market Triggers Discussions among Legislators
Bitcoin plummeted by more than 30% yesterday and the huge volatility caused the panic of selling in the entire cryptocurrency market. This caused the U.S. regulators and legislators may be re-examining crypto-asset legislation.
Ripple Co-Founder Reveals Key Factor that Can Drive Up XRP Adoption
Ripple co-founder Chris Larsen disclosed what could potentially help in pushing XRP’s popularity higher.
JPMorgan CEO Calls for More Regulatory Clarity for Cryptocurrencies
In a letter to his shareholders, JPMorgan CEO Jamie Dimon cited the need for regulatory clarity for Bitcoin and other cryptocurrencies.
What Will Gary Gensler’s Confirmation to The Role of SEC Chair Mean for The Crypto Industry?
SEC chairman nominee Gary Gensler testified before the Senate Banking Committee as part of his confirmation hearing.
What to Expect for Ripple and The SEC’s Pretrial over XRP Cryptocurrency
The outcome of the SEC case against Ripple will have huge repercussions for the crypto industry, and it may pave the way for how other cryptocurrencies are regulated in the United States.
Australian Pleads Guilty to Securities Fraud in $90 Million Crypto Scam in the U.S.
An Australian man named Stefan He Qin has pleaded guilty to draining the investor accounts of his New York-based cryptocurrency fund to the tune of $90 million.