Key Takeaways Pakistan is setting up special electricity tariffs to attract crypto mining using its surplus energy without subsidies. The government is developing a regulatory framework to foster a transparent and future-ready financial ecosystem in the blockchain space. Share this article Pakistan is exploring Bitcoin mining as a way to utilize excess electricity and foster…
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Both cryptocurrency and traditional markets will be pressured by global trade war concerns until at least the beginning of April, but the potential resolution may bring the next big market catalyst. Bitcoin’s (BTC) price fell over 17% since US President Donald Trump first announced import tariffs on Chinese goods on Jan. 20, the first day…
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Key Takeaways Ripple argues that the SEC should focus on existing statutes and defer new crypto regulations to Congress. Ripple criticizes the previous SEC administration’s application of the Howey test as distorted and complex. Share this article Ripple has called on the SEC to stick to existing statutes and let Congress establish new legal frameworks…
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The US Treasury Department has dropped cryptocurrency mixer Tornado Cash from its sanctions list, the agency said on March 21. The removal follows a January ruling by a US appeals court, which said the Treasury’s Office of Foreign Assets Control (OFAC) cannot sanction Tornado’s smart contracts because they are not the property of any foreign…
Key Takeaways Bo Hines discussed the idea of using US gold reserves, stored in Fort Knox, to purchase Bitcoin. Senator Lummis has recently reintroduced the Bitcoin Act for a major US Bitcoin acquisition. Share this article Bo Hines, Trump’s Crypto Council Chief and head of the Presidential Council of Advisers for Digital Assets, also known…
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Ether (ETH) price dropped 6% between March 19 and March 21 after failing to break the $2,050 resistance level. More notably, ETH has fallen 28% since Feb. 21, underperforming the broader crypto market, which declined 14% over the same period. Despite ETH’s price struggles, Ether futures open interest hit a record high on March 21….
