Arkansas bills reining in crypto miners head for governor approval
Arkansas Governor Sarah Huckabee Sanders is expected to sign the bills into law, which will regulate miners’ noise, water use and licensing.
Arkansas Governor Sarah Huckabee Sanders is expected to sign the bills into law, which will regulate miners’ noise, water use and licensing.
Crypto firms, wealth management companies, and retail and wholesale banking remain “particularly vulnerable” to financial crime, according to a U.K. Treasury report.
U.S. prosecutors are reportedly investigating the fintech firm after a whistleblower claimed it processed thousands of transactions for users from sanctioned countries and terrorist groups.
According to BlockBeats, Wall Street Journal reporter Nick Timiraos, often referred to as a 'Federal Reserve mouthpiece', suggested on social media on May 1st that the upcoming Federal Reserve meeting might be another 'wait-and-see' session. However, this time, the focus could shift towards the Federal Reserve's stance on inflation and the risk of wage increases, rather than on downward risks or benign inflation. Timiraos cautioned that if officials use the same phrasing when answering similar questions, it could inadvertently lead to repetition or overemphasis in their statements.
Oregon joins five other states that have delicensed Binance.US after former Binance CEO Changpeng Zhao pleaded guilty to felony charges.
If incorporated into U.S. tax law, the bill would require block rewards from proof-of-work and proof-of-stake networks to be taxed when sold rather than when they were acquired.
One former CEO went to trial and maintained his innocence, while one admitted fault and turned himself in.
The Interpol official did not confirm if the Binance executive is currently being held in Kenya but did say that he was last seen in the country.
Many members of the crypto community criticized the U.S. government for its indictment against Ver, with some calling it part of the broader anti-crypto stance of the Biden administration.
Nigerian fintech firms OPay, Kuda Bank, Moniepoint and PalmPay were directed to pause the creation of new accounts amid an ongoing audit of their KYC processes.