Policy & regulation

FinCEN

Republican Senator Asks FinCEN to Reconsider Controversial Crypto Rule

The FinCEN rule, proposed under former President Donald Trump, needs to be revisited, Sen. Pat Toomey said Thursday.

Policy & regulation  ·  10 June 2021
Opinion

A Big Carbon Footprint Compared to What?

When blockchain systems reduce human involvement in transactions, the carbon benefits can be substantial, says our columnist.

Policy & regulation  ·  10 June 2021
Bitcoin

El Salvador’s Bitcoin Bill Raises ‘Issues’: IMF Spokesperson

Gerry Rice said El Salvador's plan to adopt bitcoin as legal tender raises "macroeconomic, financial and legal issues."

Policy & regulation  ·  10 June 2021
Opinion

The Node: Warren Versus the Volcano

Greening bitcoin would be a good thing in itself, and it would take away a tool of misdirection from those who oppose it for other reasons.

Policy & regulation  ·  10 June 2021
Bitcoin Mining

Volcano-Powered Bitcoin Mining Goes From Twitter Idea to State Policy in El Salvador

President Nayib Bukele is moving on multiple fronts to make El Salvador an unlikely bitcoin mecca.

Policy & regulation  ·  9 June 2021
CBDCs

Moving on From Good-Bad Crypto Dialogue

Central banks should welcome competition from crypto and the crypto industry should be less defensive, says our columnist.

Policy & regulation  ·  9 June 2021
Crypto Exchange

South Korea Looks to Ban Crypto Exchange Employees From Trading on Their Own Platforms

At present, there are no restrictions on exchange executives and other employees to trade cryptocurrency on their platforms.

Policy & regulation  ·  9 June 2021
Regulation

Iranian President Wants to Regulate Crypto ‘as Soon as Possible’

Hassan Rouhani talked about regulating cryptocurrencies during a meeting on consumer prices.

Policy & regulation  ·  9 June 2021
Proof-of-Work

New York State Senate Approves Watered-Down Bill Targeting Bitcoin Mining Emissions

The bill, which originally sought to freeze all “cryptocurrency mining centers” in New York for up to three years, heads to the Assembly with a more tailored focus.

Policy & regulation  ·  9 June 2021
Cryptocurrency

El Salvador Legislature Indicates Favor Toward President’s Bitcoin Bill

The government would also create a trust that would enable the “instantaneous convertibility of bitcoin to dollars,” the bill said.

Policy & regulation  ·  9 June 2021
Bitcoin

El Salvador Residents Are Split on Bitcoin Adoption Bill

Some El Salvadoran residents are excited by the thought of bitcoin being treated as legal tender, while others are concerned it may just be a tool for corrupt officials.

Policy & regulation  ·  8 June 2021
Opinion

Modern Monetary Theory and a Basic Income for All

Universal basic income paired with post-extractive technologies like AI and crypto can alleviate human drudgery, says one entrepreneur.

Policy & regulation  ·  8 June 2021
Opinion

El Salvador Adopts Bitcoin: Hype or History in the Making?

What does it mean for a country like El Salvador to adopt bitcoin as "legal tender"? It depends on whom you ask, says our columnist.

Policy & regulation  ·  8 June 2021
Newsletters

State of Crypto: Ransomware Is a Crypto Problem

The crypto industry needs to pay attention to – and help fight – the growing ransomware threat.

Policy & regulation  ·  8 June 2021