New York State Senate passes Bitcoin mining moratorium
The bill once, approved by Governor Kathy Hochul, would make New York the first state in the U.S to put a moratorium on crypto mining.
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Pride in the Metaverse: Blockchain tech creates new opportunities for LGBTQ+ people
The Metaverse and NFTs are allowing people across the world to celebrate Pride Month in various ways.
11% of US insurers invest — or are interested in investing — in crypto
Of the 328 CFOs and CIOs representing around half of the global insurance industry, 6% responded their firm was either already invested or considering an investment into cryptocurrencies.
Tech Experts Warns US Lawmakers About Growing Crypto Lobbying Efforts
In a first such attempt to counter lobby, the technologists wrote to the US lawmakers terming cryptocurrencies as “risky, flawed, and unproven digital financial instruments.” Counter-lobby Efforts As per the…
Former product manager at OpenSea charged with insider trading
The charges are related to digital collectibles bought and sold on the NFT marketplace in September 2021.
Fed paper looks at potential effects of CBDC on monetary policy
The working paper traces the effects of operations with CBDC through several scenarios and concludes the Fed will have it under control.
Rep. Madison Cawthorn Fails to Disclose Investment in Controversial Memecoin on Time
The once-rising star of the GOP Representative Madison Cawthorn is proven to violate the federal STOCK Act that requires lawmakers to report their investments within 45 days after making them.…
American Politicians Want to Limit China’s CBDC Usage in US App Stores
The Republican senators – Mike Braun, Tom Cotton, and Marco Rubio – introduced draft legislation focused on the Chinese digital yuan. The lawmakers are against the financial product and believe…
Draft bill to ban China’s digital yuan from US app stores
Three Republican senators introduced a bill to protect Americans from the "Authoritarian Digital Currencies Act."
Cathie Wood’s Ark and 21Shares refile for spot Bitcoin ETF
The U.S. SEC rejected the application for the ARK 21Shares Bitcoin ETF in early April and has not approved a spot Bitcoin ETF so far.
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