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NY Supreme Court allows Greenidge to keep mining, but challenges remain
15.11.2024
The state Department of Environmental Conservation botched the permitting process, but it still gets a do-over
Bitcoin Miner Greenidge Files Legal Complaint Against New York Regulator, Reports Q2 Earnings
19.8.2024
Greenidge Generation Holdings Inc. has initiated legal action against the New York State Department of Environmental Conservation, challenging the denial of its air permit renewal. The company also reported its second-quarter financial results, highlighting cost reductions and ongoing business...
47 Companies Apply to Operate in Turkey Under New Crypto Regulations
12.8.2024
Turkey’s Capital Markets Board has issued an update on crypto asset service providers following new regulations. The provisional lists include 47 operational companies and three that are planning to liquidate. Current crypto service roviders are required to apply for permits or proceed with...
Morgan Stanley may permit 15K brokers to suggest spot bitcoin buying
25.4.2024
According to a statement released by AdvisorHub, Morgan Stanley could permit 15,000 brokers to suggest buying spot bitcoin exchange-traded funds. The company is supposedly laying the ground for the suggested buying and the need related to risk factors and bindings on distribution and trading...
Tinkoff Bank Wins ‘Digital Assets’ Operating Permit in Russia
1.4.2024
Tinkoff Bank, one of Russia’s biggest banking players, has won a license to issue and sell “digital financial assets” (DFAs) in the country.
The post Tinkoff Bank Wins ‘Digital Assets’ Operating Permit in Russia appeared first on Cryptonews
Portofino Technologies Obtains FCA’s Approval to Offer Crypto Services
28.2.2024
Portofino Technologies has announced that its UK entity received the regulatory permit to act as a registered crypto asset firm.
The post Portofino Technologies Obtains FCA’s Approval to Offer Crypto Services appeared first on Cryptonews
Grayscale Adopts Cash Model for Spot Bitcoin ETF but Warns of ‘Adverse Consequences’
28.12.2023
Grayscale Investments has adopted the cash creation model, instead of the in-kind model, for its proposed spot bitcoin exchange-traded fund (ETF). However, the crypto asset manager warned of adverse consequences. “A spot commodity exchange-traded product that only employs cash creations...
Pennsylvania crypto mining permit halt cut from bill after union pressure
17.10.2023
The bill’s sponsor Greg Vitali included a clause that instead subjects miners to ongoing reporting requirements to get the bill past a House Committee
Environmentalists Rally Against Crypto Mining Facility Renewal in New York, Citing Climate Concerns
11.9.2023
Environmental advocates are redoubling their efforts to persuade New York officials to decline an air permit renewal for a cryptocurrency mining facility in North Tonawanda. They assert that the operation imperils residents’ quality of life and undermines the state’s climate objectives...
Vitalik Buterin Granted Taiwan Employment Gold Card
22.8.2023
Ethereum founder Vitalik Buterin has received a permit that will allow him to legally reside and work in Taiwan. Speaking at a meeting with the country’s minister of digital affairs, Buterin said that the card will make it easier for him to visit the island nation and its Ethereum community....
US State of Minnesota Okays Crypto Donations to Political Campaign Committees
29.7.2023
Minnesota has become one of the few U.S. states to permit crypto donations to political campaign committees. However, according to the state’s new rules, crypto donations must be converted to U.S. dollars within five days. In the event of price changes within the five-day grace period, these...
Nigeria's SEC May Permit Asset-Backed Tokens, Crypto Trading Remains Off-Limits
2.5.2023
Despite banning crypto transactions in February 2021, Nigeria is now considering a new approach to digital asset trading by allowing asset-backed tokens.
According to a recent report by Bloomberg, the Nigerian SEC has opened up the application process for digital exchanges to test tokenized asset...
Tel Aviv Stock Exchange Takes Steps to Allow Crypto Trading
1.3.2023
Israel’s public stock exchange is suggesting regulatory amendments that would permit some clients to trade crypto assets. The proposals, which have been put forward for public consultation, come at the backdrop of a growing number of regulated institutions getting involved in the digital asset...
Bitzlato to Restore Operations and Withdrawals From Russia, Co-founder Vows
2.2.2023
Russia-linked cryptocurrency exchange Bitzlato, seized by Western law enforcement, plans to relaunch and permit partial withdrawals, a co-founder announced. Members of the trading platform’s team also intend to relocate the business to the Russian Federation. Co-Founder Says Exchange Will...
UAE Says No Virtual Asset Service Provider Has Been Granted an Operating Permit
21.1.2023
The United Arab Emirates virtual assets regulator has said no crypto entity has been granted the full market product (FMP) license. According to the country’s minister of state for artificial intelligence and the digital economy, Omar Sultan Al Olama, no crypto entity has been “able...
Russian IT Firms Lobby for Crypto Payments in Software Exports
11.11.2022
Companies developing software solutions for foreign customers are urging Russian authorities to allow them to accept crypto payments. The proposal is part of a package of measures aimed at supporting IT exports suggested by an industry organization to the executive power in Moscow. IT Businesses...
Russia Plans to Allow Mining of Any Cryptocurrency, Lawmaker Unveils
2.11.2022
Newly proposed legislation aims to permit the minting of any cryptocurrency in Russia, a prominent lawmaker has revealed. While the draft law states that the circulation of the minted coins should take place outside Russian jurisdiction, an upcoming bill provides for their use under “experimental...
FTX and Visa partner to permit crypto payments in 40 countries
7.10.2022
FTX token surged over 7% on the news that Sam Bankman-Friend's company, FTX would roll out a debit card in partnership with payments giant Visa
A Life Sim Where You Mix Potions For Townsfolk And Healthcare Doesn't Blow
1.10.2022
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Russian PM takes cue from Iran’s crypto payment permit for imports
30.8.2022
The adoption of digital assets provides a good opportunity to ensure uninterrupted payments for imports and exports, Russia's prime minister said