UK Economic Secretary to the Treasury Bim Afolami said the country is working on legislation for crypto regulations permitting several activities. Speaking at the Innovate Finance Global Summit (IFGS) 2024 on April 15, Afolami emphasized the regulatory regime’s far-reaching nature and said the change would bring a “whole host” of …

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The new agreement builds upon the deal that ended an industry-wide strike, and the union’s chief negotiator says more AI rules are coming.

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After weeks of failed transactions, Solana might be turning a corner with the launch of a first update for mainnet validators.

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The provincial government of Buenos Aires has formally accused Worldcoin of violating consumer laws through “abusive clauses” in its user agreement. According to the notice, Worldcoin’s unfair agreement allegedly allows it to interrupt services without offering repair or reimbursement. The government also claims that Worldcoin …

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A new report from the investment firm highlights increasing competition between two sectors that demand energy and processing power.

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US Senators Elizabeth Warren and Charles Grassley have formally requested a detailed accounting of all interactions between Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam and disgraced crypto mogul Sam Bankman-Fried (SBF). The formal request was made in an April 12 letter and aims to shed light on potential regulatory failures …

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Fungible tokens see prices drop heading into a pivotal week for the top crypto network, with ORDI falling over 40% in seven days.

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Crypto commentator ZachXBT criticized an annual fee that X now requires from new accounts. ZachXBT wrote on April 15 that the new policy will not eliminate bot account-driven scams because “hundreds of business verified scam accounts” come online weekly. Scammers reportedly pay thousands of dollars for the fake accounts. He said that …

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Ethena Labs, the entity behind the USDe synthetic dollar, has released the asset’s first attestation report, which shows the stablecoin remained fully collateralized over the past week despite significant turbulence in the crypto market. The report follows a brief depegging incident during a market-wide downturn during the weekend. …

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Recent discussions between House leaders and Senate Majority Leader Chuck Schumer may lead to action on stablecoin legislation during this summer’s session or in the year-end lame-duck session, according to investment bank TD Cowen. House Financial Services Chair Patrick McHenry and ranking member Maxine Waters met with Schumer last week to …

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Norway’s energy minister thinks Bitcoin miners cause large greenhouse gas emissions, and wants to push them out–but experts disagree on the evidence.

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