Bitcoiners pitch draft bill to preserve blockchain, decentralization in Argentina
Non-government organization Bitcoin Argentina presented a draft bill proposing to regulate the cryptocurrency market in a way that preserves decentralization and strengthens public trust.The proposed legal framework was pitched by Bitcoin Argentina's president Ricardo Mihura at LABITCONF 2 ...
Pennsylvania crypto mining permit halt cut from bill after union pressure
A Pennsylvania House Representative has cut a two-year crypto mining ban from their bill to regulate the sector’s energy consumption claiming trade labor unions pressured the change.On Oct. 16, the Pennsylvania House Environmental Resources and Energy Committee passed the Cryptocurrency En ...
Nigeria central bank missed opportunity for blockchain regulation in 2021 — Convexity CEO
A group of Nigerian digital asset professionals took to the stage at the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN)’s Digital Assets Summit 2023 in Abuja, to discuss the future of digital asset regulation in Nigeria.In the panel titled The Future of Digital Assets ...
China’s Crypto Buzz: CCTV Story Sparks Excitement and Anticipation
Changpeng Zhao, CEO of cryptocurrency exchange Binance, said that after China Central Television CCTV broadcast a story about cryptocurrency, "all of China is literally buzzing." "CCTV just aired a story on cryptocurrency.. It's meaningful.. Chinese-speaki ...
Multiple U.S. States Follow Florida in Banning Digital Dollar
After the governor of Florida signed the law banning the digital dollar, other American states Louisiana, Alabama and North Dakota decided to "follow in its footsteps. Last week, Florida Governor Ron DeSantis signed into law a bill banning the U.S. Federal Reserve's (Fed) d ...
Conifex Timber takes legal action to lift ban on crypto mining in British Columbia
Conifex Timber, a Canadian company, has taken legal action by applying to the highest court in British Columbia to lift the local ban on the mining of cryptoassets. The company is also demanding that the Hydroelectric Power Authority (BC Hydro) resume the supply of electricity in the required vol ...
North Carolina Officials Propose Temporary Ban on Cryptocurrency Mining
In a recent development, authorities from Buncombe County in North Carolina have proposed a temporary ban on cryptocurrency mining for a duration of one year. This proposal aims to categorize crypto mining as a distinct type of land use, differentiating it from other economic activities conducted ...