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Crypto-related shares soar in optimistic response to government order

The inventory costs of crypto-related firms have jumped because the broader market reacted positively to President Joe Biden’s long-awaited government order requiring US federal companies to create a regulatory framework for digital property, in addition …

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As the US faces increased regulation, crypto industry seeks education and influence to help educate lawmakers

The increasing popularity of crypto means that Capitol Hill and the cryptocurrency industry are increasingly interconnected. Crypto analytics startup Crypto Head gave concrete guidelines to the crypto industry’s surge in lobbying in February. The report …

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Fed by no means did it: US Senate Banking head lashes out at Tremendous Bowl crypto adverts

The Tremendous Bowl commercials by crypto firms, together with Coinbase, FTX and several other others, dominated social media and information headlines for his or her out-of-the-box method. Nevertheless, United States Senate Banking Committee Chief Sherrod Brown …

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SEC hits BlockFi with a $100 million penalty, provides 60 days to adjust to a 1940 legislation

On Feb. 14, the Securities and Change Fee, or SEC, introduced actions towards crypto lending firm BlockFi over its failure to register high-yield curiosity accounts that the company deems to be securities. New Jersey-based BlockFi …

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Regulation Decoded: States’ crypto rights and the inflow of digital cash into analog politics, Feb. 7–14.

A number of storylines that had been lengthy within the making dominated final week’s information cycle within the cryptocurrency coverage and enforcement division. The Russian authorities has made one other enormous step on the trail …

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Laundering by way of digital photos? A brand new twist within the regulatory dialogue round NFTs

On Feb. 6, the US Division of the Treasury launched a report below the headline “Examine of the facilitation of cash laundering and terror finance via the commerce in artistic endeavors.” The truth is, solely …

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U.S. Congressman calls for ‘Broad, bipartisan consensus’ on important issues of digital asset policy

In a letter to the leadership of the United States House Financial Services Committee, ranking member Patrick McHenry took a jab at “inconsistent treatment and jurisdictional uncertainty” inherent in U.S. crypto regulation and called for …

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Brian Brooks (an ex-pro-crypto CoC member) will give evidence before the House about the energy impacts of mining

U.S. Congress will examine cryptomining’s energy consumption. Thursday’s hearing list will feature more blockchain supporters than critics. The House Energy and Commerce Oversight Subcommittee announced a hearing on “Cleaning Up Cryptocurrency: The Energy Impacts of …

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