SEC Chair Gensler plugs changes to exchange definition that worries crypto 

The Lord Privy Seal of the U.K.’s House of Lords introduced the bill, which, ironically, was “ordered to be printed” following the first reading on Oct. 12. 411 Total views 12 Total shares Members of the United Kingdom’s House of Lords have introduced legislation aimed at eliminating the need for paper trade documents, increasing the…

Data from CoinMetrics shows that crypto whales now hold 42.1% of Bitcoin’s current supply. This is a slight increase compared to 37.9% two years back and analysts have interpreted the increase as a positive sign, as it shows large investors have been accumulating Bitcoin during its bear phase. There is, however, no major change in the…

Craig Wright’s Satoshi case will finally go to trial, both sides confirmed to Cointelegraph. 946 Total views 57 Total shares Lawyers representing both sides confirmed to Cointelegraph that they expect the trial to convene on July 6.The case that has been captivating the crypto community for several years now may finally receive a resolution. On…

Crypto remains under-regulated, so Latvian investors need to be extra vigilant, says the FCMC. 752 Total views 18 Total shares Latvia's Financial and Capital Market Commission has identified suspect transactions and attempted fraud in the domestic cryptocurrency space.In an official warning published on Oct. 19, the FCMC urged investors to "be particularly vigilant, as cryptocurrencies operate in…

The two provisions abolished from the National Defense Authorization Act centered around anti-money laundering (AML) issues linked to cryptocurrency. 395 Total views 10 Total shares The United States government has eliminated two provisions from the National Defense Authorization Act (NDAA) that were designed to address anti-money laundering (AML) concerns involving cryptocurrency.The NDAA is a legislation

Publicly-listed Canadian mining and blockchain infrastructure firm Bitfarms is temporarily reducing staff, citing the economic and social toll of the COVID-19 pandemic. In an update published on April 6, the company revealed it had succeeded in maintaining an average daily hashrate of approximately 750 PH since March 19 by optimizing its operations in order to maximize…

The Metaverse is a virtual environment where people can carry out various tasks. The term “metaverse” was a term originally coined by science fiction writer Neal Stephenson in his influential 1992 novel Snow Crash to represent a virtual reality environment connected through the internet and accessible from any device such as a computer or smartphone…

In a newly published Medium piece titled "Good stablecoins, a protocol for money, and digital wallets: the formula to fix our broken payment system", Facebook’s crypto pioneer David Marcus shared his views on topics of economic inequality, regulatory challenges and Novi’s proposed stablecoin solution.Marcus has spent the last couple of years building Diem’s crypto wallet…