Category: Rule of Nodes
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British Columbia proposes permanent ban on new cryptocurrency mining sites
British Columbia’s proposed permanent ban on new crypto mining operations reflects growing regulatory scrutiny of energy-intensive blockchain activities amid environmental concerns.
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Federal Reserve Officials Signal Confidence in Continued Interest Rate Cuts
Bank of America reports Federal Reserve officials express confidence in ongoing interest rate reductions, indicating monetary policy easing to support economic stability and market liquidity.
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U.S. Government Shuts Down After Congress Fails to Pass Funding Bill
The shutdown halts non-essential federal operations and services, impacting government employees and public access to agencies until funding legislation is approved.
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Sam Bankman-Fried X post triggers questions about his prison status
The post raises concerns about his legal status and potential communication access, highlighting ongoing public scrutiny of the FTX case and its implications for accountability.
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SEC adopts 12 new cryptocurrency rules in 2024, ending litigation-focused enforcement strategy
The SEC shifts from litigation to rulemaking, increasing regulatory clarity for Bitcoin and Ethereum markets, with 12 new proposals in 2024.
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CalPERS trustees split on Bitcoin investment for $500 billion pension fund in 2023
CalPERS manages $500 billion in assets and faces internal division over potential Bitcoin investment, with some trustees advocating for exposure.
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Paxos applies for US national trust bank
Paxos applies to establish a national trust bank in the US, aiming to expand its financial services and regulatory compliance.
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Malaysia Bank Paper on XRP, BTC
Malaysia’s central bank paper highlights XRP and BTC as potential monetary alternatives, sparking industry debate.
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Kakao’s Korean Won Stablecoin on Kaia
Kakao plans to launch a Korean Won stablecoin on Kaia amid new regulatory considerations by lawmakers.
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Bithumb cuts crypto lending after regulations
Bithumb reduces crypto lending services following increased regulatory scrutiny and pressure from authorities.