Cryptocurrency Analysis and News Portal
With more than a month left before the end of 2023, the United States crypto industry has already spent $20 million on lobbying efforts. In the last year, the total sum stood at $22.2 million.According to a CoinGecko report published on Nov. 14, the U.S. crypto lobby has spent $20.19 million
Read More
A newly formed organization will begin a dialogue among central banks to support adapting technical standards of different CBDC solutions. The Nobel Sustainability Trust (NST), a charity established by the members of the Nobel family, is set to push the adoption of central bank digital currencies (CBDCs) with a new initiative
Read More
When crypto mining is discussed in the U.S. Congress, it's often tied to claims that mining operations are environmental parasites, sapping finite energy resources. But representatives of that sector flooded offices on Capitol Hill this week to argue their businesses can help stabilize the power grid, tie into renewable resources
Read More
The United States crypto mining industry is getting a new lobbying group, with one of its biggest goals to dispel misconceptions about its sustainability from policymakers. Launched on Aug. 15, the Digital Energy Council said its aim is to advance policies that encourage the growth of digital asset mining and energy
Read More
A blockchain lobbying group backed by the likes of Goldman Sachs, Citi Group, Circle, and Fidelity has urged the United States Congress to pass a legal framework for digital assets or risk falling behind other nations.On May 19, the U.S. Chamber of Digital Commerce sent a call to action to
Read More
Around $100 billion a year or more could be saved if distributed ledger technology (DLT) was used in traditional markets, claims a new report from the Global Financial Markets Association (GFMA).In a May 16 report, the traditional finance sector lobby group, along with international consulting firm Boston Consulting Group (BCG)
Read More
“We are calling upon the government to find a path forward,” Su Carpenter, director of operations at CryptoUK, told Economic Secretary Andrew Griffith in a letter dated Tuesday. "Blanket bans and restrictions of transfers from U.K. banks to crypto asset platforms … will have the effect of fundamentally undermining the
Read More
The co-founder of Web3 metaverse game engine “Webaverse” has revealed they were victims of a $4 million crypto hack after meeting with scammers posing as investors in a hotel lobby in Rome. The bizarre aspect of the story, according to co-founder Ahad Shams, is that the crypto was stolen from
Read More
"The SEC should double down and use its tools to enforce the rules and where the SEC needs more cops on the beat, then Congress needs to step up with the resources and the new authorities that are needed to make sure the SEC can do its work at full
Read More
Companies developing software solutions for foreign customers are urging Russian authorities to allow them to accept crypto payments. The proposal is part of a package of measures aimed at supporting IT exports suggested by an industry organization to the executive power in Moscow. IT Businesses Call on Russian Government to Permit
Read More