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USDC Issuer Circle Releases Crypto Upgrades to Remove Cost, Frictions for Users, Web3 App Developers

"We’re reducing friction and making blockchain transactions more accessible to everyone,” Gagan Mac, head of product for Web3 services at Circle, said in a statement. "With the launch of Gas Station, we are abstracting away blockchain transaction fees for end users and Smart Contract Platform makes it easier for businesses

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OKX and ByBit remove sanctioned Russian banks from payments list

At least two major crypto exchanges followed Binance in excluding Russian banks under international financial sanctions from their payment options. Tinkoff Bank and Sberbank are no longer available on the list of P2P transactions on ByBit and OKX. According to Russian media, local users can no longer receive fiat money in

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Lawmakers introduce bill to remove SEC chair — but do they have the authority?

Members of the United States House of Representatives are pushing for ways to remove Securities and Exchange Commission (SEC) Chair Gary Gensler from his position, but the legality may be more complicated than a single piece of legislation.On June 12, Ohio Rep. Warren Davidson introduced the SEC Stabilization Act with

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US Lawmaker Introducing Legislation to Remove SEC Chairman Due to ‘Long Series of Abuses’ – Regulation Bitcoin News

A U.S. lawmaker has announced that he is introducing legislation to remove the Securities and Exchange Commission (SEC) chairman in order to “correct a long series of abuses.” The SEC, under Chair Gary Gensler, has been heavily criticized for its enforcement-centric approach to regulating the crypto industry. Lawmaker Seeks to Remove

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El Salvador to remove taxes on technological advancements

El Salvador President, Nayib Bukele, said he intends to eliminate all taxes on technological advances, including income, property, capital gains taxes, and import duties. He added that he would send legislation to Congress the following week. Aiding innovation undoubtedly offers up various avenues. Suppression from centralized entities, on the other hand, will

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US lawmakers reintroduce bill to remove roadblocks for crypto investments in retirement accounts

Alabama Senator Tommy Tuberville has reintroduced legislation aiming to allow United States 401(k) retirement plans to include exposure to cryptocurrencies.In a Feb. 15 announcement, Tuberville said the Financial Freedom Act — which he first introduced to the U.S. Senate in May 2022 — aimed to reverse policy from the Department

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