CFTC commissioner asks Senate not to permit exchange self-certification

CFTC Commissioner Christy Goldsmith Romero has asked the U.S. Senate to tighten a piece of crypto regulation, according to a Jan. 18 report from the Wall Street Journal. Commissioner warns against self-certification... Read more »

Spanish central bank approves digital Euro token EURM

El Banco de España (Central Bank of Spain) has authorized testing of a digital Euro token EURM. The token will be issued by Spanish fintech Monei and was developed within the central... Read more »

Former SEC Official’s Crypto Warning: Regulatory Onslaught Is Just Beginning

The Securities and Exchange Commission (SEC)’s former head of internet enforcement has warned the crypto industry that a “regulatory onslaught is just beginning.” His warning followed several recent enforcement actions the securities... Read more »

Coinbase stops Japan operations amid trading slump

Despite Bitcoin (BTC) returning to pre-FTX collapse price levels, the contagion still affects the industry, forcing Coinbase cryptocurrency exchange to close operations in Japan. Coinbase officially announced on Jan. 18 that the... Read more »

Alameda’s $65B ‘backdoor’; Thailand’s digital wallet system

The biggest news in the cryptoverse for Jan. 17 saw court proceedings reveal that Alameda Research had a $65 billion artificial credit line at FTX. Meanwhile, Thailand has created a mandate that... Read more »

BIS Economists Recommend 3 Crypto Policies for Regulators Worldwide to Adopt

Economists at the Bank of International Settlements (BIS) have recommended three policies regulators worldwide could adopt in order to deal with the risks posed by cryptocurrencies. “Authorities can now consider a variety... Read more »

Crypto recruitment execs reveal the safest jobs amid layoff season

Despite a wave of heavy crypto layoffs to start the new year, employees in technical and engineering roles, as well as senior management, will likely continue to see “strong demand” for their... Read more »

Indian Central Bank Chief Insists Crypto Should Be Banned — Warns ‘It Will Undermine Authority of RBI’

India’s central bank has reiterated its stance on banning cryptocurrencies like bitcoin and ether. The governor of the Reserve Bank of India (RBI) likened cryptocurrency trading to gambling. He warned that crypto... Read more »

How to resurrect the ‘Metaverse dream’ in 2023 – Cointelegraph Magazine

2022 was the year the wheels fell off the metaverse bandwagon, which had been the most hyped narrative as the year began. By far the worst-performing sector in blockchain, the average drawdown... Read more »

Bitcoin mining emissions down 10% as Kazakhstan’s hash rate share decreases

Kazakhstan’s share in the global Bitcoin (BTC) hash rate decreased to 6.4% since the first quarter of 2022, which brought the carbon emissions of the whole network down 10%, according to ClimateTech... Read more »