Sam Bankman-Fried Faces Market Manipulation Inquiry by U.S. Prosecutors Sam Bankman-Fried, the founder of the beleaguered FTX, is reportedly...

Not long ago, an article emerged claiming Biden is using the crypto space to spy on people. Biden Is Using Crypto to See What People...

The proposal, while shot down, is an example of growing misdirection in regulatory stances.

Today, we won an important victory for the future of Web3 and for Europe’s continued ability to lead its development. An EU Parliament committee voted on an amendment to MiCA that would have banned Bitcoin, Ethereum and other popular digital assets. Fortunately for Europe and Web3 that amendment failed. This should be a wake up call […]

The EU seems ready to finally pass its regulatory framework on crypto with a vote expected on Monday. However, there are concerns that...

The proposed legislation aiming to regulate the European crypto space to prevent cryptocurrencies that rely on proof-of-work (PoW) mining has been scrapped by the European Union lawmakers. The move comes after the decision sparked objection from the crypto community.  Rumors of banning cryptocurrencies with PoW mining, such as Bitcoin are missing in the latest framework published by the EU’s Market in Crypto Assets (MiCA). The proposed bill sought to enforce oversight of the crypto industry, including the introduction of a licensing scheme for service providers and regulations for stablecoins.  The EU Parliament was expected to approve the proposed legislation on February 28 and had also decided to ban the network from January 2025, however, the vote had to be postponed to address concerns raised by the representatives of crypto space.  Stefan Burger has confirmed that the bill has been completely removed, although, the vote has been rescheduled. Additionally, climatic concerns have been weighing on Europe. In 2021, Sweden’s financial regulator had proposed a recommendation to ban Bitcoin mining and other PoW coins, arguing about the energy expenditure. 

The post EU Removes Proof-of-Work Ban on Crypto Regulation appeared first on Cryptoknowmics-Crypto News and Media Platform.

Bitcoin could be banned in the European Union from early 2025 if the European Parliament fails to scrap an amendment to the Markets in Crypto-Assets (MiCA) framework. MiCA is the increasingly anticipated crypto regulatory framework for the European Union. According to a report released by German cryptocurrency media outlet BTC-ECHO, there is a provision forbidding […]

The post EU on Track to Ban Bitcoin appeared first on Coin Bureau.

By your polluting powers combined, I am Captain Pollution!

Russian authorities are yet to reach full consensus on the future of cryptocurrencies but government institutions are on the same side of the fence in their intention to ban bitcoin payments. Other operations with digital assets are to be legalized and regulated, representatives of Russian business have revealed. Russian Central Bank, Finance Ministry Agree to…

The post Russian Regulators Find Common Ground — Bitcoin Can’t Be Used for Payments appeared first on Bitcoin News Miner.

Several nations have already outlawed cryptocurrencies like bitcoin, with China being the most high-profile example. The People’s Republic of China infamously declared all virtual currency-related activities illegal last year. Last month, Russia’s central bank called for an absolute ban on crypto mining and use within its borders. Now, the governor of the Hungarian National Bank, […]

MNB's Governor - György Matolcsy - urged the country and the EU to ban bitcoin mining and trading.

Inflation is a nasty topic that continues to dominate headlines as we venture further into 2022. Unfortunately, it is an ongoing concern that will not solve itself as world governments turn to increase interest rates and tapering to fight the inflation blaze as investors seek a life raft. As people are growing more and more […]

The post What’s the Better Inflation Hedge: Bitcoin or Gold? appeared first on Coin Bureau.