The announcement of the United States Securities and Exchange Commission (SEC) suit against Binance, Binance.US and Binance CEO Changpeng Zhao (CZ) may have surprised...

Share some Bitpinas love:Subscribe to our newsletter!In this paper, Atty. Rafael Padilla, Co-Founder and Trustee of BlockDevs Asia, Professor of Law at San Beda...

Ex-Binance US CEO Catherine Coley has hired an attorney to advise her in the Commodities Futures Trading Commission’s lawsuit against Binance, an anonymous source...

ARLINGTON, Va. — The U.S. Navy is close to declaring initial operational capability on its second and final Littoral Combat Ship mission package, the...

BitFury launches Bitcoin mining facility In Canada of the southern town of Sarnia as we can see more today in our latest Bitcoin news. The Amsterdam-based BTC mining company BitFury launches a Bitcoin mining facility in Canada which will launch with an operational capacity of 16MW while an additional 12MW will be beaded by the […]

Bitfury Group, a Bitcoin mining and crypto tech company, today announced the launch of a new 28MW digital asset mining data center in Sarnia, Ontario. The facility has commenced operations with an expected capacity of 16MW by the end of February and an additional 12MW of capacity to be completed by the end of May. […]

The post Bitfury opens new crypto mining facility in Ontario appeared first on CryptoNinjas.

Key Takeaways As crypto has grown, regulators have become more interested in monitoring the space. Several U.S. agencies, including the SEC, CFTC, and OCC,...

Jonathan Gould, a former OCC Senior Deputy Comptroller, has been named the company’s new Chief Legal Officer by Bitfury Group. Gould will be responsible for managing the firm’s basic legal functions, as well as providing strategic guidance to the management and board of directors. Gould will also engage with policymakers and regulators around the world on behalf of Bitfury and its portfolio firms. Brian Brooks, the CEO of Bitfury, will be his boss.  Gould has been one of the most influential voices on financial law and policy in the United States during the last decade. He most recently served as Senior Deputy Comptroller and Chief Counsel at the US Office of the Comptroller of the Currency (OCC). Prior to joining the OCC, Gould worked as a Chief Counsel for the US Senate Banking Committee. He also worked with BlackRock, the world’s largest asset management company, and Promontory Financial Group, worldwide financial services, and a fintech consultancy firm.  Brooks commented on the development, saying:  “Jonathan is an accomplished legal professional who brings two decades of experience in financial services, law and regulation to Bitfury. His time sitting at the table for some of the most important policy conversations impacting the crypto industry in the United States will be extremely valuable as Bitfury endeavors to play a larger role in these conversations around the world. We are thrilled to have Jonathan on board as we seek to leverage our best-in-class technology and team to bring blockchain into the mainstream.” While Gould commented about his new job: “I look forward to blending my legal, traditional finance, and crypto knowledge to help Bitfury and Web 3 continue to grow and flourish amidst an evolving policy and regulatory landscape.”

The post Jonathan Gould Would Join Bitfury as a Chief Legal Officer appeared first on Cryptoknowmics-Crypto News and Media Platform.

The Biden Administration's secret crypto strategy is becoming clear: it wants to force stablecoin issuers into the arms of big banking.

Erik Thedéen, the Vice-chair of the European Securities and Markets Authority, recently recommended a ban on proof-of-work mining in the EU. Citing its impact on Sweden, he stated, “It would be an irony if the wind power generated on Sweden’s long coastline would be devoted to Bitcoin mining.” Regulators analyze mining impact Previously, Norwegian authorities […]

Crypto insiders lauded Gary Gensler’s nomination to chair the Securities and Exchange Commission (SEC) last February. They thought the Massachusetts Institute of Technology professor who had taught blockchain classes would bring an enlightened approach to crypto compared with the scattershot, perplexed style of his predecessor, Jay Clayton. But a year in, the professor gets an…

The post Professor Gensler Gets an F on Crypto appeared first on Bitcoin News Miner.

Congress and crypto meet again, this time over Bitcoin mining's energy use, as new climate legislation is in the pipeline.

The post No fireworks at House’s Bitcoin mining hearing, but pending climate bills could home in on crypto appeared first on The Block.