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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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Aave’s proposal to launch on zkEVM passes ‘temperature check’ vote

A "temperature check" proposal to deploy the decentralized exchange (DEX) Aave on the zkSync Era Mainnet has passed with overwhelming support from the Aave community. When voting closed on April 16 more than 99% of Aave (AAVE) token holders voted in favor of launching the third version of the lending and

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Bill limiting incentives for crypto miners passes Texas Senate, moves to House

Texas lawmakers in the state’s Senate have approved a bill aimed at largely removing incentives for crypto miners operating under the seemingly friendly regulatory environment.In a 30-1 vote on the floor of the Texas State Senate on April 12, lawmakers in the 88th legislative session passed Senate Bill 1751, legislation

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Texas Senate Passes Bill to Limit Bitcoin Miners’ Participation in Demand Response Programs

The House vote is expected to be more contentious, in part because bitcoin miners have cranked up their advocacy against the bill. Three lobbying groups including the Texas Blockchain Council, the Chamber of Digital Commerce, and Satoshi Action Fund launched a campaign against the bill on Monday, which they say

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Texas Bill Limiting Benefits for Crypto Miners Unanimously Passes Committee Vote

Texas is one of the world's largest hubs for the energy-intensive bitcoin mining industry, largely due to low electricity prices and a favorable business environment. However, the tide started to turn for the industry around the summer 2022, as the Texas grid operator slowed down approvals for new facilities due

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