Breaking: Kazakhstan Passes Stringent Crypto And Mining Bills
Kazakhstan lawmakers have passed the “On Digital Assets of the Republic of Kazakhstan” crypto assets bill and other bills regulating crypto mining in Kazakhstan. The new regulations require miners to purchase only surplus electricity from the public grid, introduce new tax rules governing crypto, and ban cryptocurrency transactions advertising.
Bank of Russia Wants To Ban Miners From Selling Crypto to Russians
The Russian central bank continues to maintain an extremely negative stance on cryptocurrencies, proposing to ban local miners from selling coins to local people.
Decentraland Launches Virtual Property Renting for LAND Owners
The metaverse platform Decentranland announced a new platform feature which allows its users who own virtual LAND to essentially become landlords. Owners can now officially rent out their property to other users on the platform for predefined periods of time.
Ledger Partners With iPhone Co-Creator Tony Fadell To Launch Its New ’Stax” Crypto Wallet
The new Ledger Stax is bigger, nicer, safer, more functional, and different from any other Ledger device.
B2Broker Releases New Functionality for Its Powerful B2Core System
B2Broker, a fintech giant with expertise in providing liquidity for cryptocurrency, Forex, and CFDs markets and cutting-edge technology solutions for brokerages and exchanges worldwide, has just released a significant update to its flagship product, B2Core, which has a host of new features and functionalities.
Blockstream’s Unicorn Status in Jeopardy As It Seeks Fresh Funding: Bloomberg
Crypto infrastructure firm Blockstream is looking for a fresh injection of capital at a significantly lower valuation than it raised at last year.
Gemini Announces Plan To Recover Earn Program Users Funds
Crypto exchange Gemini’s cofounder Cameron Winklevoss on Wednesday announced launching a page to help bring transparency process regarding finding a resolution for all Earn users to redeem their funds. Gemini has also formed a creditors’ committee to try and recover customers’ lost money and hired the law firm Kirkland & Ellis to resolve the issue at the earliest.
The UK Is Finalising Crypto Regulation in Line With Its Crypto Hub Ambitions
Lawmakers in the United Kingdom are reportedly in the final stages of drafting plans to regulate the crypto industry in the wake of FTX’s epic collapse.
3AC Subpoenas Issued as Dispute Grows Over Claims of Terraform Dump
A federal judge overseeing Three Arrows Capital’s (3AC’s) bankruptcy proceedings has signed an order approving subpoenas to be delivered to 3AC’s former leadership, including co-founders Su Zhu and Kyle Davies. The subpoenas require the founders to give up any “recorded information, including books, documents, records, and papers” in their custody that relates to the firm’s property or financial affairs. (Cointelegraph)
Elon Musk Fires Twitter Lawyer James Baker Over Suppression
Elon Musk has announced that he has fired Twitter’s general counsel for withholding sensitive information about a story on Hunter Biden’s laptop. Musk stated that James Baker was fired from Twitter due to a “possible role in information suppression.” Musk made no mention of any internal investigations into Baker’s “possible role” in limiting free speech on the platform. Musk responded to a tweet by Matt Taibbi, who was also the author of the Twitter files that were exposed last week. (coingape)
