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Proposed Bill Introduced Before Congress Seeks Classifying Stablecoins as Securities

Sylvia Garcia, a Democrat lawmaker from Texas, has recently introduced to Congress a draft bill that seeks to create more regulatory clarity on stablecoins.The draft bill was introduced to the House of Financial Services. Under the purview of the Securities Act of 1933, the House will be empowered to regulate

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Cryptocurrency Future Still Uncertain in India over the Proposed Anti-Crypto Bill

There has been a lot of pandemonium in India’s crypto community following the legislators’ attempt to pass an anti-crypto bill that strongly prevents anyone from having any part in cryptocurrency. This includes holding, selling, buying, transferring, and exchanging any type of digital asset.Like most countries, the Indian government is scared

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The Company Behind Zcash Announces Proposed Solution to Trusted Setup

Electric Coin Company (ECC), which launched and supports the development of privacy-coin Zcash recently published a paper called: Halo: Recursive Proof Composition without a Trusted Setup.On Sept. 10, ECC announced in a blog post that engineer and cryptographer Sean Bowe had discovered a way of “creating practical, scalable and

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BNY Mellon to Act as Transfer Agent for Bitwise’s Proposed Bitcoin ETF

Bank of New York Mellon has been appointed to serve as transfer agent and administrator of  Bitwise Asset Management’s proposed Bitcoin (BTC) exchange-traded fund (ETF). Bitwise amended the S-1 form that it submitted to the United States Securities and Exchange Commission (SEC) on Sept. 11. The amendment also lists major

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