Montana Governor Greg Gianforte has signed a pro-cryptocurrency mining bill, S.B. 178, into law. The bill largely prevents local governments in Montana from passing laws that prohibit cryptocurrency mining. It enshrines crypto miners’ rights in the state by revising existing laws to prohibit discriminatory electrical rates for mining firms and
In recent days, memecoins have gained significant popularity and continue to dominate the crypto market with the launch of new coins. CoinGecko, the world’s largest crypto data aggregator, has conducted research on the top 10 countries leading the memecoin craze in 2023 by analyzing the country’s page views share on
Russia has been actively discussing the expansion of the BRICS economic bloc with other member nations, according to a Russian official. Meanwhile, the group comprises Brazil, Russia, India, China, and South Africa. Discussions are ongoing, and a thorough analysis and delicate internal work by the five countries are required to
Before the US market could recover completely from the bank collapse, another major bank crisis occurred in the US. After the continuous collapse of Silicon Valley Bank and Signature Bank, the shares of First Republic Bank dropped to their lowest level after losing half of their value. The stock price
In a speech held on Thursday at CoinDesk’s Consensus 2023 conference, a top compliance employee stated that Binance has discovered a way to keep North Koreans away from its crypto exchange. The head of financial crime compliance at Binance, Tigran Gambaryan, emphasized the exchange’s efforts. He declared that his 700-member
Legal conflicts with the SEC over whether XRP is a security have caused market volatility for Ripple’s token. Despite this, John Deaton, founder of CryptoLaw, is certain that XRP will be adopted for international transactions. Good thing I don’t care what you think. But if you’re interested go back to
On Monday, Franklin Templeton, a global investment management organization gave an announcement. It says Franklin OnChain U.S. Government Money Fund (aka ‘The Fund’) recorded $270 million in Assets Under Management (AUM) till March end of 2021. It is mentioned that the Fund utilizes the Stellar blockchain network for all activities
As a part of the ‘Crypto435‘ campaign conducted by Coinbase, a live Twitter Space discussion happened in Washington, DC – concerning cryptocurrency policies and national securities with the CEO of Coinbase, Brian Armstrong. The other people who joined in the spaces include Anja Manuel, Tomicah Tillemann, and Faryar Shirzad, during
The United States Securities and Exchange Commission (U.S. SEC) has claimed that the major crypto exchange, Coinbase is violating federal laws. In March 2023, SEC sent a Wells Notice against Coinbase with a dispute of enforcement actions ahead. Meanwhile, the head of Coinbase, Vishal Gupta resigned post the Wells Notice.
The Montenegro authorities have charged Do Kwon, the founder of Terraform Labs, with indictment after his recent arrest in Montenegro. Last month, authorities in Montenegro arrested Do Kwon and Han Chang-Joon, the Chief Financial Officer (CFO) of collapsed Terraform Labs, on charges of forgery. Following their arrest, a request for
