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 Central African Republic reportedly passes a bill to regulate crypto use

The Central African Republic (CAR) has become the center of a hot buzz in the crypto world amid various reports of it adopting Bitcoin (BTC) quite similar to El Salvador. However, contrary to popular headlines, the African nation has not adopted BTC as a legal tender; instead, it has reportedly legalized the use of cryptocurrencies […]

Moderna (MRNA) Stock Up 3%, mRNA-1273 Vaccine Passes Safety Test

Moderna (MRNA) is up today. The rise may be attributed to news that the company’s coronavirus vaccine has passed a safety test on animals. Moreover, Israel is in talks with the company to buy its vaccine. One of the leading biotech companies that are working on developing a coronavirus vaccine, Moderna Inc (NASDAQ: MRNA) is […]

It’s “Extremely Unlikely” Ethereum Passes Its 2017 High Against Bitcoin: Here’s Why

From a price perspective, Ethereum’s golden age has long passed. In 2017, the second-largest cryptocurrency saw a parabolic bull run that eclipsed that of most other top cryptocurrencies, Bitcoin included. There was a point in 2017 when one ETH was worth approximately 0.17 BTC (on Coinbase). Ethereum rallied so far and so fast that for […]

Resignation at Identity Initiative Raises Doubts About Immunity Passes

A member of the ID2020 Alliance, which aims to bring digital identities to billions of people who don’t have them, has resigned over the organization’s direction on digital immunity passes and COVID-19.  In her resignation email last Friday, Elizabeth Renieris cited ID2020’s opacity, “techno-solutionism,” and corporate influence along with the risks of applying blockchain to […]

Antigua’s Crypto Regulation Bill Passes Lower Parliament

Antigua and Barbuda’s House of Representatives passed a cryptocurrency regulation bill on May 27. With this bill, they have taken steps towards becoming digital asset-friendly destinations in the Caribbean. The regulatory framework, called “The Digital Assets Business Bill 2020”, aims to regulate crypto companies that establish their operations on the island and provide protection for […]