Bitcoin hash rate rebounds as major miners are coming back online
Restrictions in China have forced homegrown Bitcoin miners to move out to crypto-friendly nations such as Canada, Kazakhstan and the United States.
Bitcoin Regulation
Bitcoin Strategy ProFund aims to tackle regulatory barriers for investors
Mutual funds provider ProFunds aims to enable crypto exposure for investors without actually buying Bitcoin.
China’s crackdown signals an oncoming crypto ban, Bobby Lee says
China has been increasing its regulatory pressure on crypto firms to help Chinese citizens stay clear of high-risk investments.
El Salvadorians take to the streets to protest Bitcoin law
Those who marched against Bitcoin this week claimed the cryptocurrency was too volatile and would allow businesses to “launder ill-gotten money.”
Currency.com becomes executive member of self-regulating trade group CryptoUK
The firm said it planned “to drive greater dialogue and collaboration with regulators and policy makers” as a member of the group.
Osprey Funds CEO says US will approve Bitcoin ETF in 2022 ‘at earliest’
Greg King, CEO of Bitcoin trust issuer Osprey Funds, thinks the U.S. SEC has too many things on its plate this year to get to the issue of crypto ETF approvals.
Italian finance regulator issues warning on Binance crypto exchange
Italian Companies and Exchange Commission has warned that Binance is not authorized to facilitate crypto investment services in the country.
Paraguayan lawmakers to present Bitcoin bill on July 14
El Salvador’s decision to accept Bitcoin as legal tender in June appears to be influencing lawmakers across the region to begin exploring their own cryptocurrency strategy. Paraguay is next in line to introduce new crypto-focused legislation.
Fed chair met with Coinbase CEO Brian Armstrong and former House speaker in May
Armstrong said he had spoken about China’s central bank digital currency with lawmakers and heads of federal agencies, believing it to be “a threat to U.S. reserve currency status long term.”
UK financial watchdog orders Binance to halt ‘regulated activity’ in the country
The cryptocurrency exchange has until Wednesday to comply with a new notice from the Financial Conduct Authority.
