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Regulation
Crypto Industry Under Scrutiny Amid Russian Sanctions
Amid growing concern that Russia could leverage crypto during its war with Ukraine, Rebecca Rettig, general counsel of the Aave Companies, discusses her take on whether cryptocurrencies could pose as a route for sanction evasion. Plus, insights into the state of DeFi, crypto adoption in Ukraine, and the EU’s new crypto regulatory framework.
Russian Crypto Miners Brace for Sanctions Fallout Amid Ukraine Conflict
The ruble’s fall has made mining more profitable in Russia for now, but parts and shipping costs are set to rise.
Ukraine's Zelenskyy Signs Virtual Assets Bill Into Law, Legalizing Crypto
Ukraine has received $100 million in crypto donations during its war with Russia.
UK’s FCA Opens Search for Head of Crypto Division
The FCA is looking to build a crypto team that can manage and regulate the industry.
Kazakhstan Crackdown Forces 106 More Crypto Mines to Close
Notable political and business figures were said to be behind some of the mines, including the brother of former President Nursultan Nazarbayev.
Market Wrap: Cryptos Decline After Rejection of EU Bitcoin Proposal
BTC trading volume is low as investors position themselves for a busy week.
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.
‘Shark Tank’s’ O’Leary Lobbies Congress for Sen. Lummis’ New Crypto Bill
The Responsible Finance Innovation Act, in the works since last year, will propose a new framework for crypto regulation in the U.S.
Proposal Limiting Proof-of-Work Is Rejected in EU Parliament Committee Vote
The provision could have required cryptocurrencies like bitcoin to shift to more environmentally friendly mechanisms.
Japan Sets Penalties on Crypto Exchanges for Violating Russia Sanctions: Report
Fines could reach as much as 1 million yen ($8,500), with executives facing up to three years in prison.
