Hydropowered crypto mining gets nod from Kyrgyz president: Report
Kyrgyz President Sadyr Japarov promised to distribute money from crypto mining at the hydropower plant to “ordinary people.”
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Ripple ruling and crypto ETFs ‘drove a lot of urgency’ among lawmakers, reportedly says Coinbase CEO
Coinbase CEO Brian Armstrong reportedly said Representatives Maxine Waters and Patrick McHenry were both considering a legislative path forward on regulating digital assets.
XRP court ruling marks milestone, but new crypto law could take years
Ripple’s partial victory against the SEC is positive, but crypto firms still face uncertainty without a regulatory framework.
UK financial watchdog announces launch of permanent Digital Sandbox in August
According to the FCA, the sandbox will be open to businesses, start-ups and data providers, including those involved in banking, investment, lending and payments.
Kuwait bans crypto and virtual assets transactions
Kuwait’s Capital Markets Authority has officially confirmed the commitment to “absolute prohibition” of virtually all crypto operations in the country.
No impact from Ripple ruling? SEC chair cites risks from crypto in budget request
Gary Gensler cited the “Wild West of the crypto markets” that was “rife with noncompliance” in requesting more than $2.4 billion for the commission's 2024 fiscal budget.
US lawmakers propose SEC chair consider legislation, not enforcement approach to crypto
Representatives French Hill and Dusty Johnson suggested the SEC may have undertaken certain actions on crypto “seemingly timed to coincide with related Congressional activity".
US lawmaker calls on SEC chair to reassess stance on crypto following Ripple ruling
Rep. Ritchie Torres shares a surname with Judge Analisa Torres in the SEC v. Ripple case and referred to the XRP court ruling as the “Torres Doctrine."
Coinbase CEO will meet with US lawmakers to discuss crypto legislation: Report
The crypto exchange is currently involved in a legal battle with the U.S. Securities and Exchange Commission over allegedly offering unregistered securities.
Indonesia to launch crypto exchange in July: Report
Once launched, Indonesia’s national crypto exchange will be the only platform allowing crypto transactions, the local regulator said.
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