Prudential Regulation Authority (PRA) of the Bank of England increased budget for the coming financial year. Additional funds will be used to combat the risks associated with digital assets. According to the plan, the total amount for the year will be £320.9m. Compared to the previous period, the budget increased by 8.2% (£24.3m). PRA is responsible for...
The head of the State Duma Committee on the financial market, Anatoly Aksakov, said that the restrictions imposed by cryptocurrency exchanges for users from the Russian Federation became an additional argument against the legalization of crypto assets. Writes about it Interfax. He noted that his own position in relation to the regulation of digital currencies has...
Bitcoin Exchange Binance published correspondence with Reuters journalists and denied allegations of cooperation with the FSB and Rosfinmonitoring. In April, Binance Communications Director Patrick Hillmann, in response to a request from the agency, clarified that the Russian authorities had never contacted the trading platform about opposition politician Alexei Navalny. In its reaction to the published article, the...
United States congressional group applied to the Environmental Protection Agency with a request to check the mining industry for environmental risks and compliance with relevant laws. The authors of the letter were particularly concerned about the Proof-of-Work consensus algorithm. According to the document, one bitcoin transaction can provide the average American household with energy for a...
US authorities take advantage seized 69,370 BTC (~$2.75 billion) to pay off the debt of Ross Ulbricht, the founder of the darknet marketplace Silk Road, to the state in the amount of $183 million. In April 2013, a hacker stole 69,370 BTC while hacking into an illegal platform. In November 2020, US law enforcement officers confiscated...
Bitcoin exchange Coinbase announced the release of a Visa debit card for US residents with the possibility of receiving cashback in cryptocurrencies up to 4% of each purchase. Residents of the state of Hawaii will not be able to order the card. 💳 🎉 Starting today, any US customer can sign up for Coinbase Card. ✔️ Earn...
Related to Ridley Scott Scott Free Productions making a movie based on the book The Infinite Machinededicated to the origins of the Ethereum blockchain. Writes about it dead line. The author of the book was a well-known journalist in the industry, Camille Russo. The edition came out in 2020 and narrates about how the 19-year-old Buterin...
Prescribed in Decree of the Ministry of Justice of Belarus on the recovery of cryptocurrencies in the framework of enforcement proceedings, the mechanisms for the confiscation and subsequent sale of digital assets are not transparent and require clarification. Denis Aleinikov, senior partner at Aleinikov & Partners law firm, told ForkLog about this. According to the document...
French President Emmanuel Macron "does not believe in a self-regulating financial sector", and therefore supports a bill to regulate cryptocurrencies MiCA. The politician stated this in an interview The Big Whale. “I don't believe in a self-regulating financial sector. It will not be sustainable or democratic. It is up to the public authorities to determine the...
A long-range wireless network from the Helium Network (LoRaWAN) project, in conjunction with an industrial Browan tracker, allowed San Francisco resident Jameson Buffmire to minimize the cost of crabbing in the open ocean. Writes about it CoinDesk. The hobby is costing an IT executive at Browan thousands of dollars in wasted $300 worth of devices. This...
