Cryptocurrency Analysis and News Portal
New legislation proposed in the parliament of Kazakhstan will allow only authorized miners to mint digital currency, if adopted. The draft has been designed to comprehensively regulate the industry and reduce what its sponsors label as uncontrolled consumption of electricity in the sector. Lawmakers in Kazakhstan Submit Crypto Mining Law, Seek
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Right now, most people think the blockchain industry is simply about cryptocurrencies without realizing the massive value the underlying technology has to offer. Blockchain technology adoption is growing significantly, as businesses and enterprises begin to acknowledge its disruptive and transformational potential. This growth shows no sign of stopping, with the
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In light of the recent discussions around depegging its native token from USD Coin (USDC) amid sanctioning of Tornado Cash, MakerDAO co-founder Rune Christensen reached out to the community explaining why free-floating DAI may be the only choice for the decentralized autonomous organization (DAO).In his blog post, “The Path of
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Kromatika is a DEX that makes executing trades easy and wraps up many of the variable costs and other hidden headaches with DEX trading into one simple fee – paid in its utility token, $KROM. Its smart contracts interact with Uniswap v3 to place limit orders – swaps that execute
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Scott Beck, chief executive officer of United Texas Bank, called on members of the state’s blockchain working group to recommend policy for leaving stablecoins to banks rather than crypto firms.Speaking before the Texas Work Group on Blockchain Matters in Austin on Friday, Beck suggested limiting the issuance of U.S. dollar-backed
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Canada-based crypto exchanges Bitbuy and Newton are enforcing a 30,000 Canadian dollars annual “buy limit” for “restricted coins” for their users based in Ontario in order to “protect consumers” amid tightened regulations.Newton, a Toronto-based crypto exchange announced the new changes come after working on getting registered with the Ontario Securities Commission and
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The crypto crash only hardened the Financial Conduct Authority’s determination to act, and it will now ban refer-a-friend bonuses. Source
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The firm is still working on a solution after recently beginning arbitration to recover $84 million from a "large customer." Original Source
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The “provisional” measure is hoped to be lifted if market conditions allow. Source
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Noting recent market turmoil, the committee said crypto assets did not yet pose a threat to the wider financial system. They might, however, in the future as they become more integrated into mainstream finance, according to meeting summary notes published Tuesday. The committee focuses on the central bank's role in
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