Tag: Regulation

Iran Starts Licensing Crypto Miners Under New Regulatory Framework – Regulation Bitcoin News

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The government of Iran has reportedly started issuing licenses to crypto miners under the new “comprehensive and detailed” regulatory framework approved last week. The authorities previously issued licenses to a number of crypto mining operations but halted the process due to power consumption and illegal mining issues. Iran Resumes Issuing Licenses to Crypto Miners The Iranian government approved a set of “comprehensive and detailed” crypto regulations during a meeting last week that include provisions for crypto mining. Reza Fatemi Amin, Iran’s minister of Industry, Mine, and Trade, said his ministry…

Billionaire David Rubenstein Bullish on Crypto, Optimistic About Regulation – Markets and Prices Bitcoin News

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Billionaire David Rubenstein, Carlyle Group’s founder, believes that U.S. lawmakers will not push to regulate the crypto industry unduly. Noting that he is bullish on crypto, the billionaire investor said: “the greatest fortunes are made when people go against conventional wisdom.” David Rubenstein Bullish on Crypto Billionaire investor David Rubenstein, co-founder of the Carlyle Group, one of the largest investment firms, shared his cryptocurrency outlook in an interview with CNBC Thursday. Responding to a question about whether he is bullish on cryptocurrency, the billionaire explained: I’m bullish in the sense…

US Lawmaker Says ‘Too Much Money and Power’ Behind Crypto to Ban It – Regulation Bitcoin News

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U.S. Representative Brad Sherman says Congress has not banned crypto because “there’s too much money and power behind it.” He elaborated: “Money for lobbying and money for campaign contributions works, or people wouldn’t do it, and that’s why we haven’t banned crypto.” US Lawmaker on Regulation and Why Congress Won’t Ban Crypto Congressman Brad Sherman (D-CA) shared his views on cryptocurrency and its regulation in an interview with the Los Angeles Times, published Sunday. The U.S. lawmaker from California, who chairs a House subcommittee on investor protection, wants to outlaw…

Brazilian SEC seeks to change its role in cryptocurrency regulation

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The Brazilian Securities and Exchange Commission is reportedly pursuing changes in the country’s legal framework with regard to its regulation of cryptocurrencies.  According to local media, one major concern is that the bill in question does not appear to consider tokens as digital assets or securities — and they therefore wouldn’t fall under SEC regulation. The updated position of the nation’s SEC follows the appointment of a new board and the increased relevance of the crypto sector in the country’s financial services. Brazilian lawmakers have been working on regulations for…

Rockdale boom: Bitcoin mining companies move to rural Texas town I FOX 7 Austin

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Rockdale was once home to the largest aluminum plant in the world, run by Alcoa. #FOX7Austin brings you the important stuff like breaking news, weather, and local stories out of Central #Texas. But also plenty of fun stuff, like Pet of the Weekend, the best of our archives, and all those ‘only-in-#Austin’ stories. Subscribe to FOX 7 Austin: Download the FOX 7 Austin News app: Subscribe to the FOX 7 Austin newsletter: More from FOX 7 Austin: Got a news tip? Call…

Crypto Ads in Thailand Must Feature Clear Investment Warnings, New Regulations Require – Regulation Bitcoin News

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Thailand has introduced tighter rules that will oblige crypto companies to duly inform potential customers of the investment risks on their advertisements. The new regulations also prohibit businesses in the industry from making misleading or exaggerated claims. Securities Watchdog Adopts Stricter Advertising Rules for Crypto Platforms in Thailand Thailand’s Securities and Exchange Commission (SEC) has approved new requirements for crypto ads, Bloomberg and Reuters reported quoting the regulator. According to a statement released on Thursday, the changes come after the SEC found that some advertisements lacked any warnings about the…

President of Paraguay Mario Abdo Vetoes Cryptocurrency Bill – Regulation Bitcoin News

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The President of Paraguay, Mario Abdo has issued an executive veto on a recently approved cryptocurrency bill. Abdo’s veto decree states cryptocurrency mining is an “energy-intensive” and a low-value-added activity. The bill will now be returned to Congress to be approved again or to be rejected entirely. President of Paraguay Considers Cryptocurrency Mining an Energy Intensive Activity The President of Paraguay, Mario Abdo, has exerted an executive veto on the recently approved cryptocurrency bill, after more than a year of discussions in the Paraguayan Congress. The project, which…

Congress Questions Coinbase, FTX, Binance, Kraken in Crypto Fraud Crackdown – Regulation Bitcoin News

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A House committee has sent letters to four U.S. federal agencies and five cryptocurrency exchanges asking for information about what they are doing to combat cryptocurrency fraud and scams. Congress Questions Regulators and Crypto Exchanges The House Committee on Oversight and Reform sent letters to four U.S. federal agencies and five crypto exchanges on Tuesday in an effort to crack down on crypto-related fraud and scams. The four agencies are the Department of the Treasury, the Federal Trade Commission (FTC), the Commodity Futures Trading Commission (CFTC), and the Securities and…

Energy is the Key to Bitcoin Mining & That's a Good Thing | Bitcoin Miners Comment on Recent Events

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