Thursday, May 26, 2022
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CZ Says Binance Supports Proposal to Compensate LUNA Retail Users First – Featured Bitcoin News

Binance’s Changpeng Zhao (CZ) has said the exchange supports the proposal to compensate retail LUNA users ahead of larger investors. He also said the LUNA tokens received by Binance in exchange for a $3 million investment in Terra have not been sold or moved. Binance’s LUNA Tokens Not Sold After his

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Wikimedia community supports proposal to stop foundation from accepting crypto donations

Requests for comments on a proposal urging the Wikimedia Foundation to stop accepting donations in cryptocurrency have closed, with the majority of users voting in favor.According to a Tuesday update on the proposal, roughly 71%, or 232 out of 326, Wikimedia contributors who responded requested that the Wikimedia Foundation —

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The SEC’s New Proposal to Redefine ‘Dealer’ Could Spell Bad News for DeFi

The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies

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Biden Budget Proposal Estimates Additional $11B in Revenues by 2032 by Updating Crypto Rules

U.S. President Joe Biden released his 2023 budget proposal on Monday, and in it, his administration is seeking to modernize rules around digital assets that it says would generate an additional $11 billion in revenues by 2032, as well as expand the Department of Justice’s ability to counter cyber threats

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European Union’s MiCA Proposal Progresses to Trilogue Stage Without Bitcoin Ban Provision – Regulation Bitcoin News

The Markets in Crypto Assets (MiCA) regulatory package passed another potential hurdle this week and is moving to the next stage of the EU’s legislative process. Proponents of a controversial text prohibiting proof-of-work (PoW) cryptocurrencies, which was recently dropped from the draft, did not take an opportunity to block the

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