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Regulation
New York Environmental Regulators Deny Greenidge’s Power Plant Permit
Greenidge Generation has been in hot water with environmentalists for its use of fossil fuels to power its bitcoin mining operation on New York’s Seneca Lake.
States, Not Congress, Will Lead Crypto Regulation, Says Legal Expert
States could move faster to keep pace with a changing market, said Jarrod Loadholt, a partner at Ice Miller Public Affairs Group.
SEC Rejects Grayscale’s Spot Bitcoin ETF Application
Grayscale has said it was prepared for “all possible post-ruling scenarios."
Bitcoin Hovers Around $20K Level
TheoTrade co-founder Don Kaufman shares his bitcoin price analysis, noting that despite a decline in trading volume amid the bear market, bitcoin is still holding onto the $20,000 level, saying it’s “the bright side of the bearishness.” Plus, a discussion about DeFi regulation and MicroStrategy’s recent $10 million BTC purchase.
Why the Crypto Crash Will Accelerate Regulatory Action
Recent events that have sent digital assets deeper into a bear market may also instill lawmakers with a new urgency to address issues that have been gnawing at the industry.
Flowdesk Raises $30M to Expand Market-Making Services
The French company will boost its flagship product to provide liquidity fund management services to cryptocurrency issuers.
Coinbase Users in the Netherlands to Face Additional KYC Hurdles When Pulling Crypto off Platform
From June 27, Coinbase customers in that country will have to supply key details about the transaction and the recipient when moving crypto out of the exchange.
US Banking Watchdog Says Crypto Turmoil Reinforces Cautious Approach
Acting Comptroller of the Currency Michael Hsu says the industry’s recent drama makes his agency more confident about limiting banks’ exposure to crypto.
Fed Chair Powell Says Soft Landing Will Be 'Challenging,' Calls for Crypto Regulation
The chair of the U.S. central bank was challenged by senators on Wednesday on issues including inflation and crypto regulation.
Bit Digital Production Slump Continued Into Q1, Strikes Deals With Coinmint, Riot to Increase Hashrate
The bitcoin miner has struggled to recover its hashrate since moving its operations out of China.
