IRS DeFi broker rule ‘absolutely should be challenged,’ says Uniswap CLO
Uniswap chief legal officer said the IRS DeFi broker rule “absolutely should be challenged,” while a Consensys lawyer argued that the ruling was released on “the last Friday of 2024 in the middle of a holiday stretch on purpose.”
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Stakeholders urge Nigeria to adopt compliance-focused crypto regulation
While the government’s concerns are valid, industry stakeholders agree that a more measured approach could yield better outcomes.
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US authorities oppose ex-FTX exec’s motion to void plea deal
The US Attorney’s Office said Ryan Salame made a “demonstrably false” allegation by claiming prosecutors did not intend to continue investigating his partner, Michelle Bond.
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$100K Bitcoin next? No euphoria ‘encouraging’ as BTC price breaks new highs
Bitcoin analysts and traders are optimistic that BTC’s price will hit the coveted $100,000 mark despite a “lukewarm” social media response to the latest ATHs.
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Ethereum ‘Merge’ edging closer with final Kiln testnet launch
The Kiln testnet is the final public testing phase before the long-awaited Ethereum ‘Merge’ and the end of proof-of-work consensus. 501 Total views 9 Total shares The much-anticipated ‘Merge’ on the Ethereum network is another step closer to becoming a reality after the final public testnet Kiln launched to put it through its paces.On March…
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Privacy should be considered in ‘potential retail CBDC’ — Treasury official
U.S. Treasury official Graham Steele told an audience at a Texas payments conference that a future CBDC in America should consider anonymity. 128 Total views 2 Total shares Privacy and the ability to transact anonymously should be considerations in the design of a digital dollar, a United States Treasury official has said.On June 13 the…
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88% of all BTC transfers are overpaying transaction fees
Three and a half years after the activation of SegWit, adoption of the space-saving transaction format is still far from ideal. 1668 Total views 10 Total shares According to analysis by Mark “Murch” Erhardt of Chaincode Labs, 88% of all Bitcoin transaction inputs pay higher fees than are necessary. Erhardt bases his conclusion on data…
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Kazakhstan to introduce new energy fees for crypto miners in 2022
The new law introduces an additional tax levy for energy used by crypto miners starting from January 2022. 466 Total views 5 Total shares As Kazakhstan becomes increasingly popular for cryptocurrency mining, the country’s president has signed a new law introducing an extra levy for crypto miners.President of the Republic of Kazakhstan Kassym-Jomart Tokayev recently signed…
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John Constantine
Cointelegraph Magazine is a new publication that goes beyond the daily news and delves much more deeply into the stories, trends, and personalities that inspire cryptocurrency and blockchain conversations around the world. We are people-centric, delving into *why* the true believers of blockchain feel they can change the world (and why they think it needs…