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Regulation
Sweden Drives Final Nail Into Its Bitcoin Mining Industry With Tax Hike
The 6,000% increase in taxes per kilowatt hour of energy may "ultimately destroy the industry" in the country.

Blockchain Financial Services Firm Paxos Sets Withdrawal From Canada
The company joins others that have decided to depart from the country in the face of increased regulatory requirements.

Texas Senate Passes Bill to Limit Bitcoin Miners' Participation in Demand Response Programs
Bill likely to fail in the House, says miner Marathon Digital.

Thanks Sam! How FTX Led to World’s Worst Crypto Policy
Washington’s “war on crypto” continues to occupy minds in the crypto industry. This week, CoinDesk Chief Content Officer Michael Casey tackles the apparent rise in hostility from U.S. regulators from a different angle: revenge.

Ripple's Effect on Financial Advisors
Ripple was projected to have spent $100 million fighting the SEC. Financial advisors should pay attention to Ripple’s trial, as it could have significant consequences to how we define securities.

U.S. Bitcoin Corp. Settles With Niagara Falls City to Resume Bitcoin Mining
The firm is currently trying to complete a merger with Canadian Hut 8 Mining.

Texas Bill Limiting Benefits for Crypto Miners Unanimously Passes Committee Vote
Texas is a major hub for bitcoin miners, many of whom have taken advantage of demand response programs the legislation looks to curb.

The SEC's Beaxy Suit Looks Like a Coinbase Case Preview
The SEC took pains to note the Beaxy exchange did a lot of illegal trading. Is this a preview of its action against Coinbase?

The Crypto Industry Needs to Fix Itself Before It Can Progress
It's fair to blame regulatory agencies and Congress for failure to properly oversee crypto. But the industry also needs to look to its own failings, says William Mougayar.
