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After months of drafting and translation, and several delays, the deadline for proposing further changes to the MiCA text has now expired, and documents now published by the parliament imply the agreed changes are the only ones that will be put up for discussion. Previously strong support for the law
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“A crypto asset service provider, a CASP, will be a brand in the European Union… a kind of stamp of approval of the sector,” Rok Žvelc, a European Commission staffer who formed part of MiCA’s drafting team, told a Brussels event on March 30. “Investors will know that if they
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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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McCorry said there’s a “chicken and egg problem” in setting up decentralized governance structures. In the case of Arbitrum, “certain parameters need to be decided” ahead of time, including the structure of a “security council” that wields emergency powers, deciding voting mechanics, and of course, the funding. Source
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EU lawmakers have voted in favor of imposing a €1,000 limit on crypto transactions where the customer cannot be identified. “Entities, such as banks, assets and crypto assets managers, real and virtual estate agents, and high-level professional football clubs, will be required to verify their customers’ identity, what they own
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Crypto rules form part of a money-laundering overhaul supported by the European Parliament Committees Source
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Under the current proposal, traders would be forbidden from making or accepting anonymous crypto transfers over 1,000 euros ($1,080). If the customer's identity can be verified or if a regulated crypto provider is involved, the transaction would be allowed. The initial draft of the law was even harsher, but the
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Earlier Thursday, the on-chain voting period for ArenaDAO opened. Since then, a total of 9 addresses voted, providing unanimous support in favor of authorizing the DAO to sell its tokens to Paradigm. Data from blockchain analytics firm Nansen shows 142 unique addresses holding ARENA, a 10% increase since Monday. Source
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The independent, nonprofit Starknet Foundation will delegate 33% of its overall voting power in the first vote to the first-phase Builders Council (getting 23% of the voting power) and a group of delegates selected from a delegate pool, who get 10%. The foundation, which aims to help the network achieve
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DYDX token, the native token of the decentralized exchange of the same name, has surged by 26.88% on Monday after a governance vote had been passed to reduce trading rewards by 45%. Original Source
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