Introduction: Texas, a state known for its abundant energy resources, is asserting its support for the bitcoin mining industry through the passage of two bills during the latest legislative session. These bills aim to provide incentives and assistance to miners, establishing Texas as an attractive destination for mining operations. However, the industry faced a potential…
Introduction: U.S. Senator Elizabeth Warren has raised concerns about the use of cryptocurrencies in funding the illicit fentanyl trade, emphasizing the need for tighter regulation of the crypto industry. During a Senate Banking Committee hearing, Warren highlighted the significant quantities of precursor drugs being exchanged for cryptocurrencies, potentially resulting in the production of billions of…
In a major development in the crypto-regulation landscape, the International Organization of Securities Commissions (IOSCO) today publicized a report detailing policy recommendations for global cryptocurrency regulation, soliciting public input. These proposals come amid a growing chorus for a comprehensive regulatory framework for the highly volatile crypto market. As part of the public consultation process, the…
In the ever-evolving realm of cryptocurrency, where Bitcoin and Toncoin dominate, a new contender called Big Eyes Coin (BIG) is poised to make its mark. With unwavering determination, Big Eyes Coin aims to differentiate itself and become a standout cryptocurrency. As the countdown to its highly anticipated launch on June 15th, 2023, commences, the crypto…
Cryptocurrency magnate Do Kwon, facing charges in the U.S. for an extensive fraud case, has been awarded bail by a Montenegrin court. The court set the bail at 400,000 euros (equivalent to $440,320), as Kwon awaits his local trial. Kwon, a South Korean citizen and ex-CEO of Terraform Labs, the enterprise responsible for the now-defunct…