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Regulation
Washington Bitcoin Miners Brace for Higher Fees
Washington state bitcoin miners will be hit by a 29% rate hike for hydroelectric power in Chelan County. “The Hash” team discusses miner migration due to regulatory issues and how inflation can impact the industry.

Fidelity’s Abby Johnson on the Future of Crypto Regulation
Fidelity Chairman and CEO Abby Johnson discusses the need for regulatory clarity around digital assets and what’s ahead in the world of crypto regulation.

Bermuda's Crypto Companies Are Launching an Industry Association
Bermuda’s Premier David Burt announced the creation of the association during a panel at Consensus 2022 in Austin, Texas.

As Federal Agencies Organize, US States Continue to Lead in Regulating Digital Assets
The Biden administration’s “whole of government” approach to crypto may not be an improvement to the current patchwork of rules.

New York’s Crypto Regulator Publishes Formal Stablecoin Guidance
NYDFS laid out strict reserve and attestation requirements for stablecoin issuers in an effort to better protect consumers and financial institutions.

PayPal Converts Conditional Virtual Currency License to Full BitLicense
The payments giant announced it would let users withdraw their crypto holdings to their own wallets earlier today.

US Justice Department Urges More Coordination to Combat Crypto Crime
A new report from the Justice Department responds to this year’s executive order from President Joe Biden, marking some of the first recommendations produced by the order.

US Regulators Investigating Binance’s BNB Token: Report
The SEC is looking into whether the crypto exchange should have registered the initial coin offering of Binance coin as a security, according to Bloomberg.

Environmentalists Target Greenidge as They Turn Up Pressure on NY Governor to Sign Mining Moratorium Bill
A moratorium on new PoW mining projects that use behind-the-meter fossil fuel energy is now on the NY governor's desk.

US Labor Department Sued After Warning 401(k) Providers About Allowing Crypto Investments
The plaintiff, 401(k) provider ForUsAll, is concerned the guidance sets a “troubling precedent” that could lead to a slippery slope of future bans.
