Eric Adams, mayor of the city of New York, indicated his disagreement with the bill, sanctioned by the state Congress, that prohibits crypto mining based on Proof of Work (PoW) considering that the “measure is not the way to follow to reduce the environmental impact of the activity.”
The bill would…
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Bill for cryptocurrencies in the US was leaked
The cryptocurrency bill proposed by Senator Cynthia Lummis was recently leaked via social media.
This proposal addresses the regulation of digital assets in a comprehensive manner, as well as establishing the steps to be followed to…
They propose to suspend cryptocurrency mining in New York
New York lawmakers are preparing to amend the state's Environmental Conservation Law and are proposing to suspend cryptocurrency mining operations that use the proof-of-work (PoW) authentication protocol to validate business activities of…
Russia submits bill for cryptocurrency payments
The Russian Ministry of Finance presented a bill called "On Digital News", which aims to regulate the use of cryptocurrencies as an alternative means of payment to the monetary unit of the Russian Federation.
The document addresses issues…
US lawmakers propose ECASH bill
Lawmakers Stephen Lynch, Jesus Chuy Garcia, Ayanna Pressley and Rashida Tlaib introduced a bill called the Electronic Currency and Secure Hardware Act (ECASH Act) that seeks to instruct the Secretary of the Treasury to "develop and issue…
European Parliament rejects the ban on PoW mining
The European Parliament's Committee on Economic and Monetary Affairs has rejected the version of the draft Digital Assets Market Act (MiCA) that prevented cryptocurrencies based on Proof-of-Work (PoW) mechanisms.
The version of the law…
Russia introduced draft law on digital currencies
The Russian Ministry of Finance has sent a draft law for the regulation of digital currencies to the national government that aims to establish the legal bases for the cryptocurrency market and the rules for its circulation in the country.…
The price of cryptocurrencies plummets in India
Cryptocurrencies price plummets in India following the announcement of a bill that aims to ban all private crypto.
The greatest impact was received by the WazirX exchange, which channeled panic sales as a consequence of the debates about…
Germany plans to restore compulsory teleworking
The German Government plans to reintroduce the obligation to work from home in view of the sharp increase in infections with the coronavirus, according to a project of the Ministry of Labor to which dpa had access.
The document aims to…
Brazil prepares to assume Bitcoin as legal tender
The government of the Federative Republic of Brazil drafted a bill authorizing the use of Bitcoin as legal tender in the country, which will be presented to the Chamber of Deputies in coming days, following in the footsteps of El Salvador.…
Brazil approves sanctions for money laundering with digital assets
The Special Commission of the Chamber of Deputies of Brazil approved the latest regulatory changes that are part of bill 2303/15 that provides for a strengthening of criminal measures for those who commit financial crimes using…
Ukraine legalizes the purchase and sale of bitcoin
One day after the entry into force in El Salvador of the Bitcoin Law, which establishes the cryptocurrency as legal tender, the Parliament of Ukraine approved its Virtual Assets Law this Wednesday in a second discussion, with 276 votes in…