Category: Policy

Ethereum Foundation outlines $1 million in grants to crypto advocacy efforts

Ethereum Foundation outlines $1 million in grants to crypto advocacy efforts

The Ethereum Foundation, a non-profit organization supporting Ethereum and other blockchain technology, which is separate from Ethereum tech development, is setting aside $1 million USD for grants designed for Ethereum and blockchain tech education and advocacy.  According to a blog post published on Tuesday, the Ethereum Foundation will split the million-dollar grant pool into two […]

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Joint Congressional committee to hold ‘demystifying crypto’ hearing next week

Joint Congressional committee to hold ‘demystifying crypto’ hearing next week

The U.S. Congress Joint Economic Committee will hold a hearing on Nov. 17 focused on clarifying the role of government in the context of digital assets.  The hearing, entitled “Demystifying Crypto: Digital Assets and the Role of Government,” will take place in the Cannon House Office Building in Washington, D.C. at 2: 30 p.m. EST. […]

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Coinbase unveils lobbying push for a brand new US regulator focused on digital assets

Coinbase unveils lobbying push for a brand new US regulator focused on digital assets

Coinbase has put out a sweeping proposal for a new regulatory regime over digital assets in the United States.  Released on October 14, Coinbase’s plan at its core proposes a drastic reconfiguration of U.S. financial regulation. Most notably, that includes establishing a brand new regulator with control over marketplaces for digital assets, which the firm […]

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Sri Lanka Appoints Committee to Draft Digital Currency Policy, Seeks Crypto Investments

Sri Lanka Appoints Committee to Draft Digital Currency Policy, Seeks Crypto Investments

In preparation to regulate its fintech space, the government of Sri Lanka has established a special committee tasked to formulate the country’s policy on digital banking and crypto-related activities. The committee comprises professionals from the public and private sectors. New Committee to Propose Rules for Blockchain Industry in Sri Lanka Sri Lankan authorities have unveiled […]

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Crypto compromise dies in the Senate due to last-minute defense spending proposal

Crypto compromise dies in the Senate due to last-minute defense spending proposal

A late-game attempt to make changes to controversial cryptocurrency tax reporting requirements included in the Senate’s infrastructure bill died on Monday evening. Senator Pat Toomey presented an amendment to exempt certain network operators from Internal Revenue Service reporting requirements before the Senate, as it was working to pass the infrastructure package. Due to the timing […]

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Are looming regulations putting an end to bitcoin’s ‘Wild West’ days?

Are looming regulations putting an end to bitcoin’s ‘Wild West’ days?

  Signs point to the looming specter of regulation slowly bringing the days of bitcoin and crypto’s “Wild West” to an end. The only question, perhaps, is if not now, then when? “We’re getting to a boiling point,” The Block’s Aislinn Keely told The Scoop. On this policy report episode of The Scoop, host Frank […]

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Rep. Tom Emmer explains why a generational divide is setting the tone on crypto in Congress

Rep. Tom Emmer explains why a generational divide is setting the tone on crypto in Congress

Quick Take Representative Tom Emmer, a leading figure in blockchain policy on Capitol Hill, sat down with The Block to discuss recent congressional developments. Despite frost towards Bitcoin from the Biden administration and key allies due to ransomware attacks, Emmer is optimistic that education is ongoing and bipartisan. Emmer also gave his take on what […]

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Danske Bank Takes Position on Cryptocurrencies, Will Not Interfere With Crypto Trading

Danske Bank Takes Position on Cryptocurrencies, Will Not Interfere With Crypto Trading

Danske Bank will not block credit cards used in crypto trading, according to its newly announced position on cryptocurrencies. The Danish bank would also accept deposits related to crypto investments, although it follows a cautious approach towards decentralized digital assets. Denmark’s Largest Bank Clarifies Its Stance on Cryptocurrencies Responding to mounting inquiries from customers and […]

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White House Tech Advisor Tim Wu Keeps at Least $1 Million in Bitcoin

White House Tech Advisor Tim Wu Keeps at Least $1 Million in Bitcoin

Tim Wu, top advisor to the Biden administration on technology and competition policy, holds more than $1 million in cryptocurrency, shows a recently filed financial disclosure. The antitrust expert, who is known as a prominent big tech critic, has in the past questioned the value of bitcoin. Top Biden Advisor Tim Wu Is a Bitcoin […]

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A Washington DC insider lays out her vision for the bitcoin market’s first self-regulatory organization

Michelle Bond has been focused on financial regulation for decades, and a turn to crypto policy a few years ago led her to take the helm at the Association for Digital Assets Markets by the end of 2020. ADAM is a trade association for crypto markets, featuring a code of conduct that requires its members […]

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