US
US Congress to Hold Oversight Hearing on Crypto Mining: Report
Lawmakers will look at mining’s effect on the environment.

Newly Minted Bitcoin Miner Gem Mining Reaches Hashrate of 1.25 EH/s
Gem’s mining power now accounts for about 1% of the Bitcoin network’s total.

2021: The Year of Crypto Policy and Regulations
From the U.S. infrastructure bill to multiple Capitol Hill hearings on stablecoins, from Turkey banning crypto transactions to China banning crypto mining to India dabbling with tighter regulation, 2021 was a defining regulatory year for the industry.

Bitmain-Backed BitFuFu Abandons Mining Rigs In Kazakhstan Due to Power Rationing
The company has shipped new machines to the U.S. to make up for the lost hashrate.

Crypto.com to Acquire Nadex, Small Exchange From IG Group for $216M
The deal for the trading platforms will enable Crypto.com to offer certain derivatives and futures products to U.S.-based customers.

Mexican Crypto Exchange Bitso Incorporates Circle Solutions for Cross-Border Payments Initiative
The Bitso Shift initiative will allow Mexican businesses to make cross-border transactions more securely and easily.

LA’s Iconic Staples Center to Be Renamed Crypto.com Arena
The naming deal is one of the biggest in sports history, according to the L.A. Times.

Biden Administration Sanctions Crypto Exchange Chatex Over Ransomware Allegations
The Treasury Department said the exchange provided “material support” to Suex, a previously sanctioned exchange.

US-Led Multilateral Ransomware Meeting Calls for Enhanced Powers Over Crypto
Crypto is the “primary” financial instrument used to facilitate attacks.
