EU Mulls AML Authority and New Rules for Crypto Transfers, Documents Suggest

The European Union is getting ready to set up an anti-cash laundering company to coordinate national supervisory authorities. In accordance to a media report based on EU files, the bloc also strategies... Read more »

Bitcoin Blocks Will Soon Be 27% Easier to Find — Miners Brace for the Largest Difficulty Drop in BTC’s Lifetime

Bitcoin, the primary crypto asset in phrases of marketplace capitalization, has witnessed the cryptocurrency’s network hashrate drop noticeably throughout the final two months. On Saturday, July 3, the network’s mining difficulty will... Read more »

Korean Banks Elevate Cybersecurity to Deal With Crypto-Related Risks

South Korean financial institutions are having methods to deliver cybersecurity to a new amount as they check out to retain up with fintechs and tackle new threats arising from their conversation with... Read more »

China Shuts Down Software Maker Over Suspected Crypto-Related Activity, Issues Industry-Wide Warning

The People’s Bank of China (PBOC), the country’s central financial institution, has shut down a software firm more than suspected involvement in cryptocurrency transactions. The central financial institution also warned companies not... Read more »

‘We Want You,’ Pro-Bitcoin Senator Cynthia Lummis Invites Crypto Miners to Wyoming

U.S. lawmaker and bitcoin advocate Cynthia Lummis has indicated that cryptocurrency miners are welcome in Wyoming. In a latest interview, the senator defended bitcoin’s carbon footprint and afterwards invited miners to her... Read more »

India’s Finance Minister Says Crypto Bill Ready for Cabinet

India’s finance minister has offered a standing update on the country’s cryptocurrency monthly bill that the authorities has been functioning on. “We have completed a large amount of function on it. We... Read more »

Bitcoin Mining Profitability to Rise 35% While Ousted Chinese Miners Face Delays Relocating

Analysts are predicting a rise in Bitcoin mining profitability of about 35% throughout the limited expression. This would be the impact of the bitcoin mining crackdown in China. Considering the fact that... Read more »

4,000 Institutional Funds in Germany Can Now Invest 20% of Portfolios in Crypto Assets

About 4,000 institutional cash with virtually 2 trillion euros in property less than management in Germany can now commit 20% of their portfolios in cryptocurrency, such as bitcoin. The extremely predicted Fund... Read more »

Bitcoin Mining Report Claims Miner Energy Consumption Mix 56% Sustainable in Q2

In the course of the past 3 months, there is been a substantial emphasis on the results bitcoin mining has on the worldwide setting. Although numerous have claimed bitcoin mining is negative... Read more »

US SEC Commissioner Says Bitcoin ETF Approval Long Overdue

SEC Commissioner Hester Peirce suggests that the regulator should really have approved a bitcoin exchange-traded fund (ETF) in the U.S. a lengthy time back. She emphasised that it is not the SEC’s... Read more »