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Quick take: The EU’s ECON committee has voted against a proposal to ban proof-of-work crypto networks in the region 32 members of the committee voted against the proposal with 24 in favor The proposal was meant to target proof-of-work networks such as Bitcoin’s that did not meet environmental sustainability standards Crypto mining will most
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“5. By 1 January 2025, the Commission shall present to the European Parliament and to the Council, as appropriate, a legislative proposal to amend Regulation (EU) 2020/852, in accordance with Article 10 of that Regulation, with a view to including in the EU sustainable finance taxonomy any cryptoasset mining activities
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After having previously been postponed thanks to an outcry over language amounting to a "de facto" ban on Bitcoin, a vote by the Monetary Committee of the European Union's parliament on the EU's Markets in Crypto Assets (MiCA) legislation will take place on March 14. Source
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Cyber Security Industry Advisory Committee, the Australian cybersecurity advisor, highlights various crypto-related opportunities for the government to undertake as it prepares for the global mainstreaming of cryptocurrencies.The study released by Australia’s Department of Home Affairs, titled ‘Exploring Cryptocurrencies’, cites the rise in crypto adoption as the country undergoes a
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Image The Brazilian Senate economic affairs committee approved a bill legalizing crypto transactions on February 22, 2022. Bill PL 3825/19 was introduced by Senator Flavio Arns who authored it in 2019. The bill was then crafted jointly in collaboration with Brazil's Central Bank, the securities exchange commission, and the federal tax authority,
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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Russians who use cryptocurrency should not be anonymous, the man who chairs Russia’s federal investigating authority has recently stated. The official leading efforts to fight corruption in the government called for additional regulations, including the introduction of mandatory identification for those who transact with digital coins. Anti-Corruption Official Pushes for
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The Bank of England, in common with central banks of almost every other major economy across the world, is exploring a potential CBDC as a means of addressing the decline in the use of cash, expediting the implementation of monetary policy and future-proofing fiat currencies from the rise in use
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FTX’s Sam Bankman-Fried, Circle’s Jeremy Allaire, Bitfury’s Brian Brooks, Paxos’ Charles Cascarilla, Stellar Development Foundation’s Denelle Dixon and Coinbase Inc.’s Alesia Haas will speak at the session entitled “Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States.” Source
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Maxine Waters, the chair of the House Committee on Financial Services, has announced several chief executive officers at major crypto firms in the United States will speak at a hearing to discuss digital assets and the future of finance.According to a Wednesday announcement, Waters said Circle CEO Jeremy Allaire, FTX
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