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 […]

The New China: Is New York Actually Going To Ban Proof-Of-Work Mining?

The state of New York is about to shoot itself in the foot yet again. First, the infamous BitLicense drew all cryptocurrency companies away and now they’re considering banning Proof-Of-Work mining. Or at least making it very hard for mining facilities and home miners to operate from the state.  The New York State Assembly will […]

EU officials considered Bitcoin trading ban to enforce proposed mining ban

European Union (EU) officials discussed banning Bitcoin trading during a debate on a proposal to ban Proof of Work mining according to documents obtained through a freedom of information request.  According to a report, published by German digital culture organization Netzpolitik, officials from the EU went as far as suggesting that an all out ban […]

PoW avoids EU ban, two DeFi protocols suffer a combined $11M hack and BAYC does an ApeCoin airdrop: Hodler’s Digest, March 13-19

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Ukraine’s president signs law establishing regulatory framework for crypto Crypto […]

The SEC Will Not Ban Crypto, That Would Be Up To Congress, Says Gary Gensler

The Securities and Exchange Commission’s Chairman, Gary Gensler, told Congress that the SEC will not ban cryptocurrencies. This is a huge relief, even though Gensler then said “that would be up to Congress.” The SEC Chairman is in the middle of quite the press tour, spreading his opinions on crypto around, clarifying his stance. Those […]

Russia Officially Lifts Its Two-Year Telegram Ban

After years of unsuccessful efforts to ban Telegram in Russia, local authorities have finally decided to cancel the ban on the major encrypted messenger in the country. Russia’s Federal Service for Supervision of Communications, Information Technology and Mass Media, also known as Roskomnadzor, has officially lifted the two-year long ban on Telegram. In an official […]

Russia’s Ministry of Justice Latest to Criticize Proposed Crypto Ban

Russia’s new draft bill prohibiting crypto operations in the country has again suffered a less-than-glowing review from an arm of government.  The nation’s Ministry of Justice opposed the draft new regulation Tuesday, a week after the Ministry of Economic Development also criticized it. The bill was introduced by lawmakers in March but is broadly believed […]

Binance Joins Indian Tech Association That Helped Overturn Crypto Banking Ban

Binance, the world’s largest cryptocurrency exchange by trade volume, has joined the Indian tech industry association that helped overturn the nation’s crypto banking ban earlier this year. The cooperation between Binance and the Internet and Mobile Association of India (IAMAI) is an early step in implementing industry best practices in the Indian crypto market, according […]

India’s Rumored Crypto Ban May Be Overblown, Say Industry Pros

Rumors that India might be considering a new ban on crypto may be premature, exchange founders and startup CEOs working in the sector believe. Indian news site The Economic Times created a stir Friday by suggesting that lawmakers in India, where the Supreme Court only overturned a punitive banking ban from the Reserve Bank of […]