A bill that aims to put a two-year moratorium on certain types of proof-of-work crypto mining in New York is facing a fresh wave of pushback from industry leaders, lobbyists and lawmakers. Author: Cheyenne Ligon Source link
Author: Cheyenne Ligon
El exdesarrollador de Ethereum Virgil Griffith fue sentenciado a más de 5 años de prisión por viaje a Corea del Norte
Brian Klein, el abogado principal de Griffith, instó al juez Castel a considerar factores que creía que no se habían tenido en cuenta en las pautas de sentencia de la fiscalía, incluidas las duras condiciones en el Centro de Detención Metropolitano (MDC) de Brooklyn, donde Griffith había estado detenido. Author: Cheyenne Ligon Source link
Newly Introduced Bill Aims to Bring Transparency to the Stablecoin Marketplace
The days of murky stablecoin reserves might soon be over. Author: Cheyenne Ligon Source link
White House Wants Public Comments on Crypto’s Energy Use and Environmental Impact
In his executive order on crypto issued earlier this month, President Joe Biden tasked the White House’s Office of Science and Technology Policy (OSTP) with preparing a report on the “potential for digital assets to impede or advance efforts to tackle climate change and the transition to a clean and reliable electricity grid,” according to a document published in the Federal Register on Friday. Author: Cheyenne Ligon Source link
DC Lobbying Group Expands to New York State Capital
Before his appointment by the Blockchain Association, Olsen served as senior vice president of state government affairs for the Internet Association, a since-dissolved lobbying group based in Washington, D.C. that advocated for Web 2 companies including Alphabet’s (GOOG) Google, Microsoft (MSFT) and Facebook (FB), now Meta. Author: Cheyenne Ligon Source link
Vitalik Buterin Asks Court for Leniency in Upcoming Sentencing of Virgil Griffith
In a letter to U.S. District Judge Kevin Castel of the Southern District of New York, Buterin detailed his seven-year friendship with Griffith, with whom he met in 2013 and began collaborating on research in 2016. In 2018, Griffith formally joined Ethereum as a developer after Buterin said he “convinced him to agree.” Author: Cheyenne Ligon Source link
China’s Digital Yuan Targeted in New Bill From 9 GOP Senators
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Biden’s Executive Order Calls for ‘Highest Urgency’ on CBDC Research and Development
There are several organizations already researching and piloting CBDCs in the United States, including the Boston Fed (which has partnered with Massachusetts Institute of Technology (MIT) on CBDC technology, and the Digital Dollar Project, a public-private partnership founded by consulting firm Accenture and Chris Giancarlo, the former chairman of the Commodity Futures Trading Commission (CFTC). Author: Cheyenne Ligon Source link
Putin Is Temporarily Banning Foreigners From Pulling Money Out of Russia
The move is aimed at halting capital flight from the country, which has been hit with increasingly harsh economic sanctions from the U.S. and Europe after it invaded Ukraine on Feb. 24. A growing list of Western companies, including BP and Shell, have announced plans to halt investments in Russia due to the invasion. Author: Cheyenne Ligon Source link
New Documents Detail Prosecutors’ Concerns That Bitfinex Hack Laundering Suspects Would Flee
Lichtenstein, a dual U.S.-Russian citizen, was found to have a document on his computer called “passport_ideas” that contained stolen biographical information purchased from a darknet marketplace, as well as links to darknet marketplace providers of false identity documents, prosecutors said. Prosecutors also noted during the arraignment that Morgan was learning Russian, which the couple’s lawyers dismissed as irrelevant. Author: Cheyenne Ligon Source link