Tag: Cryptocurrency Regulation

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The Impact of US Government Regulation on Tether: Insights from Paolo Ardoino

As crypto giant Tether faces increased scrutiny, CEO Paolo Ardoino shared with CoinDesk that the company is committed to complying with international sanctions and working closely with law enforcement. However, he acknowledged that Tether...
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Bitcoin Hashrate Reaches Record High with Publicly-Listed Miners’ Dominance

The bitcoin network has seen a significant increase in hashrate, surpassing 700 EH/s for the first time. This marks a 6% growth in the past week, indicating a strong uptrend in mining activity. Hashrate...
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Gary Gensler Departure Sparks Mixed Reactions

SEC Chair Gary Gensler recently made some bold statements about cryptocurrencies during a speech at NYU School of Law. Known for his cautious approach, Gensler surprised many with his candid remarks. He expressed skepticism...
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Crypto Regulation: SEC Chair Gary Gensler’s Views on Cryptocurrency as Currency

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler recently shared his views on cryptocurrency during an event at NYU School of Law in Manhattan. Gensler expressed skepticism about the idea of bitcoin or...
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Navigating Short-term Bitcoin Investing: How to Avoid Panic Selling

Short-term Bitcoin investors are currently facing challenges as the average price for short-term holders stands at $64,860. This could lead to panic selling if there is another significant sell-off in the market. The latest...
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SEC Seeks to Deny Coinbase’s Subpoena Request in NY Court

The U.S. Securities and Exchange Commission has raised concerns about Coinbase's extensive subpoena requests targeting agency Chair Gary Gensler's records. The SEC accused Coinbase of overreaching in its attempts to gather information related to...
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Bitcoin Price Prediction: VanEck CEO Predicts $350k Target Amid Regulatory Quantitative Easing

VanEck CEO, Jan Van Eck, recently shared his optimistic prediction that Bitcoin could potentially reach $350,000 per coin as central banks engage in quantitative easing. This positive outlook stems from the belief that Bitcoin...
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Kamala Harris’ Crypto Stance Unlikely to Sway Voters, Says Bernstein

Vice President Kamala Harris has recently been making efforts to connect with the crypto industry, but analysts at Bernstein believe that her actions may not be enough to sway voters in the upcoming US...
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Biden’s Proposed Bitcoin Mining Tax Criticized by Lummis

Senator Cynthia Lummis of Wyoming has strongly criticized President Biden's proposed 30% tax on Bitcoin miners, calling it a "dangerous scheme" and an "attack on innovation." She believes that such a high tax rate...
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Germany Sells Majority of Bitcoin Holdings, Holding Less Than 5K Tokens

The German state of Saxony has been selling off its bitcoin holdings at a rapid pace, with another batch of confiscated assets being moved to various crypto exchanges and brokers on Thursday. According to...