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ECB Calls for Urgent Regulation of Stablecoins and Defi, Won’t Rule Out Bitcoin Mining Ban

A new report by the European Central Bank (ECB), presented as a “deep dive into crypto financial risks,” calls for “appropriate” regulation and oversight of stablecoins and decentralized finance (defi).…

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Ethereum Devs Delay Difficulty Bomb — ETH 2.0 Contract Surpasses 13 Million Ether Deposits

On June 30, Ethereum developers delayed the network’s difficulty bomb via the Gray Glacier update, which means The Merge won’t happen at least until September 2022. Meanwhile, there’s now more…

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Biden Administration Expected to Publish Report on Bitcoin Mining and the Industry’s Impact on Climate

According to a new report, U.S. president Joe Biden and his administration are focused on proof-of-work (PoW) mining. The principal assistant director for energy for the White House Office of…

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