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What’s next for EU’s crypto industry as European Parliament passes MiCA?

On April 20, the European Parliament voted to pass the Markets in Crypto-Assets (MiCA) regulation, the European Union’s main legislative proposal to oversee the crypto industry in its member countries. The MiCA regulation is a significant development for the crypto industry in the European Union. Prior to MiCA, crypto companies had

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Sweden Drives Final Nail Into Its Bitcoin Mining Industry With Tax Hike

Based on the average electricity prices last year, the tax hike could bring the all-in energy cost to $0.093/kWh, said Jaran Mellerud, senior analyst at mining services firm Luxor Technologies. A MicroBT Whatsminer M30s, a moderately efficient and commonly used machine, would be at break-even point given current market conditions,

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SEC Advisory Group Backs Gensler’s Crypto Efforts But Asks for Industry Guidance

However, the advisory group – led by Chair Christopher Mirabile of Launchpad Venture Group and Vice Chair Leslie Van Buskirk, the administrator of the Wisconsin Department of Financial Institutions’ securities division – backed him on almost everything else, including that “virtually all, if not all, crypto tokens are securities and

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SinVerse Secures Strategic Partnership and Investment from DWF Labs to Drive Web-3 Gaming Industry – Press release Bitcoin News

press release PRESS RELEASE. SinVerse Studios, a trailblazing web-3 game studio, has secured a substantial seven digit investment deal led by DWF Labs to propel its platform’s growth and solidify its position as an industry leader. The partnership marks a significant milestone for SinVerse Studios, with DWF Labs providing strategic

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Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry – Bitcoin News

Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the matter,” Binance US, the American subsidiary of the cryptocurrency exchange, is having difficulty finding a U.S.

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Dragonfly Capital invests $10M in Bitget amid industry recovery

Dragonfly Capital has invested $10 million in cryptocurrency derivatives exchange Bitget, the San Francisco-based venture capital firm announced on April 4. The funds will be used to support Bitget’s ongoing global market and service expansion and upcoming corporate social responsibility initiatives directed at crypto education and adoption.Bitget disclosed that since its

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