Coinbase CEO Warns U.S. Regulators: Negative Stance on Cryptocurrencies Benefits China
The CEO of major U.S. cryptocurrency exchange Coinbase Brian Armstrong believes that the negative stance of U.S. regulators on cryptocurrencies only plays into the hands of China and other countries. In an article for MarketWatch magazine, Brian Armstrong noted that the cry ...
Coinbase CEO Brian Armstrong Urges US to Embrace Cryptocurrency to Avoid Losing Global Currency Status
Brian Armstrong thinks the United States is in danger of missing its chance With that, the dollar will lose its status as a world currency He calls for developing the cryptocurrency segment, not limiting it On Tuesday, May 30, WarketWatch published an ...
U.S. Drops Energy Tax for Mining Digital Assets, Citing Concerns and Criticism
Energy tax for mining digital assets has been dropped The CEA had previously proposed a levy with a 30% rate on electricity costs On Sunday, May 28, U.S. President Joe Biden and House Speaker Kevin McCarthy struck a deal on the nation's debt ceiling. The 99-pa ...
Microsoft Urges Swift AI Regulation and Accountability for Deepfakes
Countries should adopt regulation as soon as possible And developers should take responsibility for fakes and security issues Microsoft president Brad Smith urged governments to speed up regulation of artificial intelligence. He considers fakes the biggest pro ...
Crypto Regulation in the Spotlight: CFTC and SEC Gear Up for Oversight
The Commissioner of the U.S. Commodity Futures Trading Commission (CFTC) said she is ready to regulate cryptoindustry with the U.S. Securities and Exchange Commission (SEC). Christy Goldsmith Romero said the regulator is now conducting several major investigations related ...
Coinbase Launches ‘Crypto: Moving America Forward’ Campaign to Promote Cryptocurrency’s Vital Role in Global Finance
Cryptocurrency exchange Coinbase announced the launch of the "Crypto: Moving America Forward" advertising and education campaign. Objective: to emphasize the importance of cryptocurrency as a technology. Coinbase intends to first f ...
Senator Cynthia Lummis Doubts Proposed 30% Tax on Miners’ Income Will Pass
American Senator Cynthia Lummis, known for her cryptocurrency-friendly attitude, believes that the Biden administration's proposed 30% tax on miners' income is unlikely to pass. During the Bitcoin Miami 2023 conference, Cinthia Lummis emphasized her support for miners and c ...
US Commodity Futures Trading Commission Calls for End to Anonymity of Crypto Assets
The US Commodity Futures Trading Commission has called for an end to the anonymity of crypto assets, citing concerns over cybercrime and national security. Speaking at a conference in London, CFTC Commissioner Christy Goldsmith Romero highlighted the risks posed by cybercriminals using anonymous ...
Canada to Tighten Supervision Over Pension Insurance and Crypto Investments
The Canadian federal government is taking measures to increase oversight on pension insurance through legislative changes. The draft 2023 budget has been modified to require federally regulated pension funds to report their cryptocurrency investments to the Office of the Governor of Financial Ins ...