cryptocurrencies

Cuban government says it plans to regulate cryptocurrencies

Cuban government says it plans to regulate cryptocurrencies

Cuba is planning to regulate cryptocurrencies, according to a resolution published in its official national gazette on August 26th that was covered by the Associated Press and several other outlets. According to the text, the resolution aims to establish rules for regulating the use of virtual assets, as well as granting licenses to service providers …

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‘Strong support across G7 on the need to regulate cryptocurrencies’

‘Strong support across G7 on the need to regulate cryptocurrencies’

During a recent G-7 meeting held on 7 December, US Treasury Secretary Steven T. Mnuchin hosted a discussion that included ongoing responses to “evolving landscape” of crypto assets and other digital assets. In addition to this, officials and G-7 members discussed national authorities’ work to prevent the use of cryptocurrencies for “malign purposes and illicit …

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Rep. Waters calls on Biden to reverse policies that let banks custody cryptocurrencies and stablecoin reserves

Rep. Waters calls on Biden to reverse policies that let banks custody cryptocurrencies and stablecoin reserves

Congresswoman Maxine Waters has released a wide array of recommended policy changes and approaches to president-elect Joe Biden — a list that includes the rescinding of guidance from the Office of the Comptroller of the Currency focused on banks, cryptocurrencies and stablecoins.  In September, the OCC said that federally chartered banks can hold reserve funds …

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Ukraine’s nuclear power plants may start mining cryptocurrencies

Ukraine’s nuclear power plants may start mining cryptocurrencies

Nuclear power plants in Ukraine may start mining bitcoin and other cryptocurrencies if a government proposal goes through. Ukraine’s acting energy minister Olha Buslavets has sent a letter to Energoatom, the country’s state-owned operator nuclear power plants, to consider using excess electricity for mining cryptocurrencies. “To work out, together with Energoatom and the Energoatom Trading …

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