Anti-crypto FDIC chair Martin Gruenberg to step down — ‘best day ever’
Martin Gruenberg has faced criticism from Republicans and Democrats alike after an independent investigation revealed a range of workplace issues at the FDIC.
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The limitations of the EU’s new cryptocurrency regulations
The final vote on the European Union’s much-awaited set of crypto rules, known as the Markets in Crypto Assets (MiCA) regulation, was recently deferred to April 2023. It was not the first delay — previously the European lawmakers rescheduled the procedure from November 2022 to February 2023. The setback, however, was caused solely by technical difficulties,…

The blacklist: Marathon only mining ‘fully compliant’ Bitcoin transactions
Marathon plans to divert all hash power to its new, regulatory compliant Bitcoin mining pool from May 1. 103 Total views 7 Total shares Major U.S.-based mining firm Marathon Digital Holdings has announced the launch of what it describes as the first North American Bitcoin mining pool that is “fully compliant with U.S. regulations.”According to…

French official wants to change how Europe regulates crypto and blockchain
According to one French official, crypto and blockchain projects should be supervised at the European level. 1549 Total views 8 Total shares France’s top financial regulator has proposed to change the way the cryptocurrency industry is supervised in Europe.Robert Ophèle, chairman of Autorité des Marchés Financiers, addressed crypto-realted regulatory issues at the 5th Annual Conference on…

First Blockchain-Exclusive Birth Certificates Recorded in Brazil
The first birth certificates to be recorded by exclusively using blockchain technology were issued in Brazil.As Cointelegraph Brasil reports on Sept. 1, Álvaro de Medeiros Mendonça is one of the first children in the country to have their birth certificate recorded only with blockchain technology, without the need of the registry office. Streamlining registration processThe parents…

Price analysis 8/2: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LINK
Bitcoin (BTC) dropped back below $39,000 on Aug. 2, suggesting that short-term traders were booking profits after the price failed to close above $42,451.67. However, lower levels could again attract buying as seen in late July. Data from Santiment showed that Bitcoin held on wallet addresses storing between 100 and 10,000 Bitcoin rose to a new…

‘Undo Button’ developer Kirobo launching decentralized P2P token swaps
Israeli blockchain tech developer Kirobo is set to launch a P2P token swap solution it claims is cheaper than using exchanges and over-the-counter parties. 317 Total views 5 Total shares Israeli blockchain tech developer Kirobo is launching a decentralized P2P token swap solution. According to the company the protocol, dubbed “Atomic Safe Swap,” offers a…

Binance’s explosive growth led to compliance failures – CEO Richard Teng on $4.3B settlement
“As part of the settlement, CZ cannot be involved in the day-to-day running of the company’s operations,” Richard Teng explains.Despite that, the incumbent CEO of Binance cuts the figure of a man reveling in the challenges ahead. Speaking to Cointelegraph just two weeks after taking over from outgoing CEO Changpeng 'CZ' Zhao, Teng seems to

UK Advertising Watchdog Upholds Complaint Against BitMEX Bitcoin Ad
The United Kingdom’s Advertising Standards Authority (ASA) has upheld its complaint against a Bitcoin advertisement from top crypto derivatives exchange BitMEX.According to an ASA announcement dated Aug. 14, the watchdog has taken issue with the purportedly misleading nature of a graph showing Bitcoin (BTC) price performance in a newspaper ad from January of this year.ASA…