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Consensus 2022: Web3, unpacking regulations, and optimism for crypto’s future

Despite the crypto winter, the conference drew in 17,000 people to discuss the crypto regulatory landscape, Web3 development and the future of digital assets.

NYC Mayor Eric Adams speaks out against PoW mining ban legislation

The Mayor has been a proponent of the crypto industry and has now pledged support for sustainable Bitcoin miners by asking Governor Hochul to veto a two-year moratorium on mining.

Binance Australia CEO: Regulations will establish higher standards in crypto

Leigh Travers feels that a change in Australia’s government could slow down work on crypto regulations that could prove that the industry is already operating at a higher level than traditional finance.

Ripple counsel slams SEC for trying to bulldoze and bankrupt crypto

“Like a hammer wanting everything to be a nail, the SEC is keeping everything murky so it can argue every crypto is a security,” claims Ripple general counsel Stu Alderoty.

Law Decoded, June 7–13: Lummis-Gillibrand bill is finally here

Senators confirmed that Bitcoin and Ether will be classified as commodities and regulated by the CFTC.

Binance.US faces class-action lawsuit over LUNA and UST sale

The lawsuit could be the first of many for U.S.-listed crypto exchanges that offered LUNA or UST to customers.

Hong Kong-listed Huobi Tech launches cryptocurrency OTC service

Formerly known as Pantronics Holdings, Huobi Technology has shifted its focus from electronic products to crypto.

This Singapore tech company says its recycling 90% of waste heat from Bitcoin mining

The green Bitcoin mining operator is also en-route to list on the NASDAQ exchange via a SPAC merger.

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