Category: Latest News

Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill – Mining Bitcoin News

Bitcoin.com

Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers which regulates the activities of the industry and the taxation of its profits. Law Read More

JPMorgan Chase CEO Jamie Dimon Likens Crypto to Pet Rocks — Calls for More Regulation – Featured Bitcoin News

Bitcoin.com

JPMorgan Chase CEO Jamie Dimon says crypto tokens are like pet rocks. The executive also believes crypto regulation should be strengthened, stating: “The regulators who beat up on banks should maybe focus a little more on crypto.” JPMorgan Chase’s Jamie Read More

Slaying the Dragon: Lessons From an SEC Crypto-Enforcement Action

Nasdaq

This blog was written in partnership with our legal team at FinTech Law. FinTech Law’s services range from legal guidance to Registered Funds, cryptocurrency law, and intellectual property rights. Go to Source Author: Recommended Crypto Services, Products and Strategies: The first thing any crypto Read More

CryptoSlate Wrapped Daily: Binance auditor confirms reserves, 3AC founders subpoenaed, and Crypto Twitter drama

CryptoSlate

The biggest news in the cryptoverse for Dec. 6 includes Polygon co-founder hitting back against ‘jealous’ competition, Crypto.com CEO addressing ‘FUD,’ Binance auditors confirming Bitcoin reserves, and more. CryptoSlate Top Stories Polygon co-founder addresses criticisms the project is just as Read More

Strike Launches Bitcoin Lightning Network-Enabled Money Transfers to Africa – Fintech Bitcoin News

Bitcoin.com

United States-based users of Strike, a digital payments platform built on Bitcoin’s Lightning Network, can now transfer funds instantly and at a low cost to Kenya, Ghana, and Nigeria via the recently added new feature known as “Send Globally.” The Read More

Coinbase CEO says trading revenue has fallen to ‘roughly half’ what it was last year

CoinTelegraph

Coinbase CEO Brian Armstrong has revealed that the exchange’s trading revenue has declined by approximately 50% or more when compared with last year, according to a Dec. 7 report from Bloomberg. Armstrong made the statement as part of an interview Read More

Kazakhstan Presses On With Restrictive Bitcoin Mining Regulation

Bitcoin Magazine

Kazakhstan is moving forward with regulation that will further stifle its bitcoin mining industry. The country’s federal parliamentary body has completed secondary approval of a bill “On Digital Assets in the Republic of Kazakhstan.” With a third approval, the legislation Read More

ECB’s Fabio Panetta says crypto needs regulation to maintain stability

CryptoSlate

Fabio Panetta said that the recent implosions may not be the endgame for crypto, if appropriate regulation is introduced globally. 2 min read Updated: December 7, 2022 at 7:00 pm Cover art/illustration via CryptoSlate European Central Bank official Fabio Panetta Read More

Report: FTX Execs Offered Taylor Swift $100M to Endorse the Exchange, Source Says Singer Never Considered the Deal – Bitcoin News

Bitcoin.com

According to a report, the American singer-songwriter Taylor Swift was allegedly courted by FTX to promote the exchange. Sources say the deal was worth more than $100 million and it was reportedly pushed by the FTX executive Claire Watanabe. Award-Winning Read More