crypto regulation
China’s Energy Crunch Cutting Manufacturing Capacity, Potentially Related to Crypto Ban
Chinese factories are struggling with an energy crisis brewing in the country. Some speculate this could provide a clue to China’s crackdowns on crypto mining operations this summer. “The Hash” team discusses the latest blow to the state of the world’s second-biggest economy and its possible role in the central government’s crypto ban.
Why Is Bitcoin Bouncing?
Bitcoin has gained 6.26% to trade near $44,000 one day after exhibiting bearish price action, but why is it bouncing? Senior Trader and President of Wave Financial, Justin Chuh, discusses his crypto markets analysis and outlook.
California Pro-Bitcoin Congressional Candidate Aarika Rhodes Running to Unseat Rep. Brad Sherman
A national call to ban cryptocurrencies is not limited to China. U.S. Congressman Brad Sherman (D-Calif.) wants to do the same, but his seat is being challenged by a pro-bitcoiner and congressional candidate for California’s 30th District, Aarika Rhodes. Rhodes discusses the politics of bitcoin, sharing insights into running to unseat Rep. Sherman.
Kraken to Pay $1.25M Fine After Settling Charges With CFTC
Crypto exchange Kraken will pay $1.25 million to settle charges with the Commodity Futures Trading Commission (CFTC). It offered illegal margined digital asset transaction services and did not register as a futures commodity merchant (FCM) with the regulatory agency.
CleanSpark CEO on Impact of China’s Crypto Ban on Mining, Global Markets
Following China’s move to make crypto mining explicitly illegal within its borders, Alibaba will stop selling mining equipment on its platforms, and Bitmain will halt all machine sales to mainland Chinese miners.
US Senators Propose Legislation to Track Crypto Mining and Use Cases Worldwide
"The Hash" hosts discuss their reactions and key takeaways from U.S. Senators Maggie Hassan (D-N.H.) and Joni Ernst (R-Iowa) proposing new legislation that would require the Treasury Department and other agencies to track crypto mining and use cases worldwide. The U.S. "must get a better handle" on how cryptocurrencies are used globally, Sen. Hassan said. Is this just another means to further control the money supply?
Crypto Regulation, Ransomware and OFAC’s Rise
The Treasury Department’s Office of Foreign Asset Control has quietly been very busy.
Crypto and Politics: Bitcoin in the Far-Right
A dozen far-right entities reportedly took in bitcoin worth more than $9 million in just over four years. This money is all but out of reach to banks, courts, and regulators, but this is not new. CoinDesk's Nikhilesh De discusses insights into far-right extremists using bitcoin and what it reveals about bitcoin's use case. Plus, the latest on the U.S. Senate's infrastructure bill.
IDX CIO on Selling Fully Out of Bitcoin Exposure
Quantitative asset manager IDX Digital Assets has sold all of its bitcoin holdings. IDX Chief Investment Officer Ben McMillan discusses why, citing news from China, global regulatory actions, and BTC’s speculative nature.
Women-Led Crypto Networking Group 'Crypto Connect' Coming to 12 US Cities
Hailey Lennon, a partner at Anderson Kill, discusses founding Crypto Connect, a professional networking group in the crypto industry launching in 12 cities across the U.S. with plans to go international. Plus, her take on the infrastructure bill as the U.S. House of Representatives will vote Thursday.
