New York State Assembly passes ban on new BTC mines that don’t use green power

The New York State Assembly passed a bill late on Tuesday April 26 that would place a two-year ban on all new proof-of-work (PoW) cryptocurrency mining facilities in the state that use a carbon based fuel to power their operations. The bill sponsored by Anna Kelles would not only impose a two-year hold on approval […]

‘I don’t believe in a self-regulated financial sector’

Mere days before the second round of the fateful presidential election in France, the incumbent President of the Republic, Emmanuel Macron, sat down with local media to share his thoughts on the digital economy — a subject he didn’t speak on much before. While emphasizing the importance of the sector, Macron once again reiterated his […]

Half of assessed jurisdictions don’t have ‘adequate laws and regulatory structures’ — FATF

The Financial Action Task Force, or FATF, reported that many countries are not in compliance with its standards on countering the financing of terrorism and anti-money laundering, including those with virtual asset service providers. In a report released Tuesday on the ‘State of Effectiveness and Compliance with the FATF Standards,’ the organization said 52% of […]

You don’t need to be angry about NFTs – Cointelegraph Magazine

NFTs are blamed for everything from tacky art to economic inequality and environmental destruction. But, the arguments by critics don‘t add up, writes Something Interesting‘s Knifefight. “For every minute you are angry, you lose sixty seconds of happiness.” — Ralph Waldo Emerson Toward the end of January, one of my favorite content producers on the […]

Chinese Stakeholders Don’t Want to Share Their Personal Data With Government Run Blockchains

Chinese local governments are facing difficulties when implementing blockchain applications due to stakeholders unwillingness to share privately owned data, according to a local report on June 10. Data is king According to the investigation, there are more than 30 related local governments procuring blockchain technology. Their aim is to leverage blockchain to build management platforms […]

‘I Don’t Live in Vitalik’s Mind’

Charles Hoskinson does not know why his fellow Ethereum (ETH) co-founder Vitalik Buterin will not acknowledge the existence of Cardano (ADA) while speaking enthusiastically about other blockchain projects. Ignore fetish In a recent Cointelegraph interview, Hoskinson lamented Buterin ignoring Cardano. Hoskinson said that this ignorance of Cardano’s achievements hurts Ethereum, as everything that Cardano does […]

Crypto Influencers Are Following the Beauty Playbook – Even if They Don’t Know It

Beauty mogul Michelle Phan isn’t the only woman to notice similarities between makeup startups and crypto communities.  Both are dominated by influencer marketing with products sold through direct-to-consumer (DTC) models and aggregated retail platforms like Amazon, Etsy or Shopify.  In emerging markets without direct access to Amazon, Lebanese bitcoiner Michel Haber said grassroots traders often […]

Bitcoin Rally Shows Traders Don’t Care That Goldman Hates Their Asset Class

Cryptocurrency traders don’t seem to care that Goldman Sachs is such a bitcoin hater.  At least, that’s the signal markets are sending.  Bitcoin prices have surged since the Wall Street heavyweight’s money-management division declared in a presentation this week that the cryptocurrency is “not a suitable investment for our clients,” merely a beneficiary of a “mania” worse […]

Cameron Winklevoss on Crypto Regulation: “Free-for-Alls Don’t Work”

Known for their regulation-friendly outlook within the crypto industry, Gemini exchange founders Tyler and Cameron Winklevoss hold a hybrid approach to privacy and government rules.  The twin brothers explained in a May 22 podcast interview with Peter McCormack that crypto adoption comes a need for some degree of regulation. Cameron added: “The independence and sovereignty […]