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Regulation
EU Squashes Crypto Mining Ban
The European Parliament has just voted against a proposal to possibly ban the use of proof-of-work blockchain technology due to its energy-intensive nature. “The Hash” hosts discuss the significance of the EU’s Markets in Crypto-Assets (MiCA) framework and what this could mean for future crypto regulation efforts.
Why the SEC v. LBRY Crypto Lawsuit Could Be a Landmark Case for the Industry
The SEC sued LBRY last March for allegedly offering unregistered securities to raise a total of $6.2 million starting in 2016. LBRY allegedly offered and sold LBC to institutional investors, using the proceeds to pay bills for operating expenses. “The Hash” hosts discuss how this case could have massive implications for cryptocurrencies that might be deemed to be afoul of regulations in the future.
Paxos obtiene la aprobación regulatoria de la Autoridad Monetaria de Singapur
El proveedor de servicios de custodia y comercio es la primera empresa de Cripto en obtener aprobación regulatoria tanto en Nueva York como en Singapur.
Blockchain Association Executive on Biden’s Executive Order: ‘Political Power of the Crypto Community Is on the Rise’
Kristin Smith, executive director of the Blockchain Association, joins “First Mover” to weigh in on the impact of President Biden’s executive order on digital assets. Smith highlights optimism in the order as it suggests that “digital assets create an opportunity to reinstate American leadership.”
MetaMask and Infura Block Services Amid Regulatory Concerns
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De joins “First Mover” to share his insights on why MetaMask and Infura restricted access for some users in certain parts of the world like Venezuela. De touches on the increasingly prevalent influence of regulatory bodies on the crypto industry and the true nature of decentralized technology.
Chainalysis Exec: ‘Unlikely’ That Russia Is Evading Sanctions Through Crypto
As U.S. lawmakers push the Treasury Dept. to ensure Russia is not evading sanctions with crypto, Salman Banei, Chainalysis head of public policy for North America, responds to the concern, emphasizing the transparency of open blockchain networks. Banei explains how Chainalysis tackles mixers and other DeFi protocols in its cross-chain monitoring.
Is the IRS Exploring NFTs as a Tax Revenue Source?
Nik De, CoinDesk managing editor for Global Policy and Regulation, joins “First Mover” to provide the latest update in an ongoing lawsuit against the Internal Revenue Service regarding income taxes for staked cryptocurrency on the Tezos blockchain. Plus, a discussion on whether the IRS could be looking into NFTs for tax revenue, and why Ukraine’s minister for Digital Transformation canceled the proposed crypto airdrop.
Binance Assembles Sanction Task Force; India Seeks Bitcoin Clarity
Russian soldiers offered crypto for surrender. Binance working to comply with sanctions on Russia. India’s Supreme Court asks government for answer on crypto legality. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”