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US Tribal Nation-Linked Digital Economic Zone Publishes Draft Rules for DAOs
A digital economic zone backed by the Catawba Indian Nation in Rock Hill, South Carolina, wants to recognize decentralized autonomous organizations (DAO) as either unincorporated non-profit associations or limited liability companies, according to draft rules published Wednesday. "The Hash" team discusses the legal implications of structuring DAOs.
Coinbase Could Shut Down ETH Staking if Pressured by Regulators, CEO Says
Responding to a hypothetical scenario on Twitter, Coinbase CEO Brian Armstrong said if regulators threatened the crypto exchange to censor Ethereum (ETH) transactions, he would rather shut down its ETH staking service to preserve the integrity of the blockchain network. "The Hash" panel discusses what this means ahead of Ethereum's historic transition to a proof-of-stake (PoS) consensus.
Confusion From US Regulators; Markets Hit by ‘Vibe-Flation’
U.S. regulators keeping crypto sector on its toes. Bitcoin, Ether decline; memecoins fall back, XRP holds gains. Genesis reshuffles leadership and cuts jobs. Bitcoin miner Stronghold to return mining rigs to cut debt; shares plunge as losses widen.
Stablecoin Issuer Tether Taps New Accounting Firm
Stablecoin issuer Tether has tapped BDO Italia to take over from MHA Cayman on its regular attestation reports. It said it plans to publish the reports every month rather than once a quarter. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the details.
A Closer Look at the State of the NFT Market In China
Chinese tech giant Tencent will shut down sales of digital collectibles on its non-fungible token (NFT) platform Huanhe amid growing regulatory scrutiny, according to an official statement cited by Reuters. CoinDesk Executive Director of Global Content Emily Parker discusses the latest on China's NFT marketplace and the possible implications for the global crypto industry.
Why This Professor Is Making Donations Using Crypto Mixer Tornado Cash After US Ban
Columbia Business School Adjunct Professor and “Re-Architecting Trust” Author Omid Malekan is taking a stand against the U.S. Treasury’s blacklisting of Tornado Cash by making donations using the crypto mixer. Malekan joins “First Mover” to explain what he hopes to achieve.
Rep. Tom Emmer: US Crypto Legislation 'Unlikely' to Move This Year
Amid increased scrutiny of digital assets in Washington, Rep. Tom Emmer (R-MN) discusses his outlook for the U.S. crypto regulatory landscape, saying it's "unlikely that any crypto legislation is going to move this year but highly likely... that it's going to move next year."
Bitcoin Outlook as Fed Sees Restrictive Rates Needed for Some Time
Wave Financial Managing Director Nauman Sheikh discusses the “deteriorating economic indicators” and other factors moving the crypto markets after the minutes of the Federal Reserve’s July meeting dashed hopes that looser monetary policy will return to the U.S. next year.
Memecoins on a Tear, Outperforming Bitcoin
New Crypto Watch data shows memecoins like on dogecoin (DOGE) and shiba inu (SHIB) are outperforming bitcoin (BTC). Plus, meme stocks like Bed Bath & Beyond are also surging. "All About Bitcoin" host Lawrence Lewitinn breaks down the Chart of the Day.
What Fed's July Meeting Minutes Mean For Crypto
The U.S. Federal Reserve's July meeting minutes released Wednesday suggest interest rate hikes are likely to continue until inflation comes down significantly. The Bitcoin Layer Founder Nik Bhatia discusses what rising inflation means for risk-on assets, crypto miners, and the broader markets. Plus, his outlook for bitcoin (BTC)'s price movement.