Cointelegraph By Turner Wright
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European Parliament postpones crypto bill vote over proof-of-work
Cointelegraph By Turner Wright - 0
The parliament of the European Union is delaying a vote on a framework aimed at regulating cryptocurrencies amid concerns over proof-of-work mining.In a Friday Twitter thread, European Parliament economics committee member Stefan Berger said the government body had canceled a vote on the Markets in Crypto Assets, or...
Gemini joins Coinbase and Block at the Crypto Council for Innovation
Cointelegraph By Turner Wright - 0
The Crypto Council for Innovation, or CCI, has announced that Gemini will be joining its list of crypto-friendly firms aimed at supporting lawmakers on related regulation.In a Thursday announcement, the CCI said that effective as of this week Gemini has joined Coinbase, Block, Fidelity Digital Assets, Paradigm, and...
Crypto could bypass President Biden’s ‘devastating’ sanctions on Russian banks and elites: Report
Cointelegraph By Turner Wright - 0
The sanctions announced by United States President Joe Biden in response to Russia’s attack on Ukraine did not include cutting the country off from payments on the SWIFT system or cryptocurrency transfers.In a Thursday announcement from the White House, Biden said the U.S. and its allies and partners...
Many ETHDenver attendees report positive COVID-19 tests and few masks
Cointelegraph By Turner Wright - 0
The transmissibility of the Omicron variant of COVID-19 seems to have affected many attendees at the ETHDenver developer conference, who reported symptoms and positive test results following the event.Many social media posts from ETHDenver attendees after the conclusion of the Feb. 11–20 conference claim they tested positive for...
EU members reportedly plan for AML watchdog to oversee crypto firms by 2024
Cointelegraph By Turner Wright - 0
The European Commission, in coordination with other authorities, reportedly plans to have its financial watchdog group potentially oversee illicit transactions at crypto firms.According to a Tuesday Bloomberg report, a group of European Union member nations led by Germany and including The Netherlands, Spain, Austria, Italy and Luxembourg plan...
Journalist alleges Mimo Capital co-founder was behind 2016 exploit of The Dao: Report
Cointelegraph By Turner Wright - 0
Laura Shin, a cryptocurrency journalist and host of the Unchained Podcast, claimed to have discovered the identity of the individual behind an exploit which drained more than 3.6 million Ether from Germany-based startup Slock.it’s The DAO in 2016.According to a Tuesday Bloomberg report, Shin claimed that she had...
Luna Foundation Guard raises $1B to form UST reserve denominated in Bitcoin
Cointelegraph By Turner Wright - 0
The nonprofit organization focused on the open-source stablecoin network behind Terra USD, Luna Foundation Guard, has closed on a $1 billion raise through the sale of LUNA tokens.In a Tuesday tweet, Terra said Jump Crypto and Three Arrows Capital led the $1 billion round with participation from DeFiance...
Can crypto be used to prove financial independence for travel visas?
Cointelegraph By Turner Wright - 0
For international travelers still able to cross borders amid an ongoing pandemic, using cryptocurrency to prove they have the means to sustain themselves abroad is a relatively new concept.Many countries around the world are closed to visitors in an effort to protect their residents from COVID-19, but some...
CA lawmaker introduces legislation to accept crypto as payment for govt services
Cointelegraph By Turner Wright - 0
California State Senator Sydney Kamlager, representing the 30th Senate District including parts of downtown Los Angeles, has introduced a bill which would amend the state’s code to allow for the acceptance of cryptocurrencies for certain payments.According to Senate Bill 1275 introduced in the California Legislature on Feb. 18,...
Wyoming lawmakers introduce legislation for state-issued stablecoin
Cointelegraph By Turner Wright - 0
Four members of the Wyoming Legislature have sponsored a bill that would allow the state treasurer to issue a stablecoin.On Thursday, Wyoming state Senators Chris Rothfuss and Tara Nethercott with House Representatives Jared Olsen and Mike Yin introduced Senate File SF0106, titled the “Wyoming Stable Token Act.” If...