Texas Leads the Charge in Cryptocurrency Regulations: The Proof-of-Reserves Bill
Texas is setting new precedents in cryptocurrency regulation with the recent passage of a bill enforcing 'proof-of-reserve' requirements on cryptocurrency exchanges. The bill forms part of the Texas Virtual Currency Act (TVCA), which recognizes the legal status of virtual currency and provides legal rights to cryptocurrency holders.
The Controversy Surrounding the Digital Asset Mining Energy Tax and Its Impact on the Future of Crypto Mining
The proposed Digital Asset Mining Energy (DAME) tax has stirred controversy in the cryptocurrency industry. Critics argue it could drive mining firms out of the U.S.
Biden’s Proposed Crypto Mining Tax: A Cause for Concern or a Step towards Sustainability?
The Biden administration's proposed tax on crypto mining is generating significant debate within the industry. Will it promote sustainability or drive mining firms out of the country?
EU Embraces Crypto Regulations with the Unanimous Approval of MiCA
EU member states have unanimously approved the Markets in Crypto Asset (MiCA) regulation, marking a significant milestone in the regulatory oversight of the cryptocurrency industry.
Russian Cybercriminal Accused in $200M Crypto Ransomware Attack on US Infrastructure
The US Department of Justice has indicted Russian national Mikhail Pavlovich Matveev for a crypto-ransomware attack on US infrastructure, amounting to a $200 million heist.
