Coalition of US Senators Press President Biden for a Fourth Round of Stimulus Checks

While Americans are still getting their third stimulus payments, discussions of tacking on a fourth round of direct payments to Joe Biden’s trillion-dollar infrastructure proposal have started trending.

Miami-Dade Residents Might Be Able To Pay Taxes With Crypto

A new proposal by Danielle Cohen Higgins, County Commissioner of District 8 from the Miami-Dade county in Florida, US, calls for the establishment of a task force to look into the possibility of enabling residents to pay their taxes in cryptocurrency.

Miami-Dade Residents Could Soon Pay Tax in Crypto

The Miami-Dade County government is considering a proposal that would allow residents to pay local taxes with cryptocurrency.

Maker (MKR) Token Hits a New High as MakerDAO's First Financing Proposal Gets Approved

The market value of altcoins broke through $1 trillion for the first time, and MAKER successfully attracted the attention of investors.

S Korean MPs Seek to Ban Crypto Felons from Returning to the Industry

Convicted South Korean crypto criminals should be barred from re-entering the domestic crypto market, lawmakers have stated – as politicians continue what they have vowed will be a “crackdown” on irregularities in the industry. Per the media outlet Weekly Today, the influential MP Lee Jung-mun, of the ruling Democratic Party, has already submitted a proposal with the

SEC's 'Crypto Mom' Updates Token Safe Harbor Proposal on GitHub

Hester Peirce. Source: a video screenshot, Youtube, Blockland Solutions Hester Peirce, Commissioner of the US Securities and Exchange Commission (SEC), updated her token safe harbor proposal which aims to enable crypto businesses to offer tokens under initial coin offerings (ICOs) in compliance with the regulator’s rules. The new version, which was made available on GitHub, a code hosting

SEC Commissioner Hester Peirce Proposes Revised Crypto Safe Harbor Policies

SEC Commissioner Hester Peirce has released an amended proposal floating the idea of a safe harbor rule for cryptocurrency projects.

SEC's Hester Peirce Floats Revised Crypto Safe Harbor Rules

SEC commissioner Hester Peirce has posted her Safe Harbor 2.0 proposal, which would give crypto projects time to decentralize.

SEC reviews WisdomTree's Bitcoin ETF Proposal

The SEC published a public notice on Friday announcing that it would begin assessing and evaluating, asset manager, WisdomTree’s Bitcoin ETF that was filed in March.  In addition to this, crypto The post SEC reviews WisdomTree's Bitcoin ETF Proposal appeared first on AMBCrypto.

Kryptoin Re-files for Bitcoin ETF as SEC Reviews WisdomTree Proposal

There are now 8 Bitcoin ETF applications on the SEC’s desk, as the regulator takes a closer look at WisdomTree’s.

Pension funds and insurance firms alive to Bitcoin investment proposal

Bitcoin’s appeal among institutional investors is spreading toward insurance firms and life and annuity companies. Life and annuity companies are increasingly dedicating part of their asset base to Bitcoin (BTC).

‘Educational Show of Force’ Fails as New EIP Quells Ethereum Miner Discontent

An “educational show of force” by a group of Ethereum (ETH) miners failed to happen yesterday, after a new Ethereum Improvement Proposal (EIP) appeared to quell discontent regarding plans to automatically set mining fees. Spearheaded by Red Panda Mining in early March, the action called for 51% of Ethereum’s hashpower to be moved to the Ethermine pool for 51 hours

The Ethereum Improvement Proposal 1559: Is the squeeze worth the juice?

What the planned EIP-1559 could mean for Ethereum, DeFi and miners. The Ethereum Improvement Proposal 1559, set to be bundled together with the “London” upgrade in July, has caused as much excitement as fear and panic.

Cosmos launches Inter-Blockchain Communication to enable cross-chain DeFi

Cosmos is now building a cross-chain DEX for IBC-enabled blockchains, dubbed Gravity The self-described “Internet of blockchains,” Cosmos, has launched its Inter-Blockchain Communication standard, or IBC, enabling crypto assets to be transferred easily between independent blockchains. Comos’ IBC went live on March 29, enabling token transfers between Cosmos and other IBC-compatible blockchains. The feature, which has been in development for five years, was voted in via community governance with 112 million votes supporting the activation and 75 million opposed. Over a two-week period, a Cosmos proposal needs to secure at least 512 ATOM tokens deposited in support of it for voting to proceed.

Texas Crypto Law Proposal Has One Major Flaw, Experts Say

Texas lawmakers propose to follow Wyoming’s example and provide more regulatory clarity for cryptocurrencies.

Texas chases after Wyoming with crypto law proposal, but challenges remain

Will Texas follow in Wyoming’s footsteps to become the next crypto-friendly US state? Everything is bigger in Texas, but when it comes to crypto-friendly legislation, this doesn’t seem to be the case… just yet.

US SEC Puts VanEck Bitcoin ETF Proposal up for Discussion

The United States Securities and Exchange Commission has put the VanEck Bitcoin ETF proposal for discussion.

Mayors Across US Exploring Bitcoin Payment Options for Residents and Employees, Says Francis Suarez

Miami Mayor Francis Suarez says he’s receiving positive feedback on his proposal to expand Bitcoin’s use-cases for residents and employees within his city.

Ethereum at a crossroads: Ether community turmoil over miner reward fees

Ether miners coming out in force against the Ethereum Improvement Proposal that can slash the reward ratio by over 50%. The EIP-1559 is a network upgrade that seeks to send a small fraction of the fee associated with all ETH transactions directly to the network.

New EIP hopes to quell tensions between Ethereum’s miners and developers

A new Ethereum Improvement Proposal could offer a path to compromise between Ethereum’s miners and developers, but few in the community appear to support the EIP. A new Ethereum Improvement Proposal, or EIP, has emerged amid opposition from miners to scheduled changes to the network’s fee market.

Badger DAO to acquire ‘Badger.com’ domain for $300,000

Badgers now have a new home: the DeFi protocol has purchased the "badger.com" domain for a tidy $300,000 The Badger DAO community is ‘sett’ to migrate to some new ‘diggs’: the decentralized finance project will shortly become the new owner of the “Badger.com” web domain.  In a Badger Improvement Proposal listed on governance forums today, BIP-43, BadgerDAO founder Chris Spadafora wrote that the new domain will “quickly increase the value [of the app] across all these categories (daily traffic, referring websites, search engine optimization etc.)” “As Badger expands to become the most trusted place for anyone to put their Bitcoin to work, it’s important that the first experience for non native crypto users is comfortable and that we help them quickly overcome the common stigma that surrounds the cryptocurrency industry today,” Spadafora told Cointelegraph of the buy.

Miner Backlash Over Fee Upgrade Provokes A Countermove by Ethereum Devs

Source: Adobe/bizoo_n Ethereum (ETH) developers have responded to a miner backlash against a fee-related Ethereum Improvement Proposal (EIP) by proposing to bring forward the blockchain’s planned move to a proof-of-stake (PoS) consensus mechanism which makes miners obsolete.

Ethereum Miners Revolt Over EIP 1559, How Will ETH Price React?

In a show of force against the implementation of Ethereum Improvement Proposal (EIP) 1559, on April 1, Ethereum miners plan to direct their hashing power to the Ethermine mining pool, which opposes the proposal.

Some Ethereum Miners Call for an 'Educational' 'Show of Force'

Source: Adobe/epic_images Some Ethereum (ETH) miners are preparing for "a show of force" on April 1, standing against the implementation of the much-discussed Ethereum Improvement Proposal (EIP) 1559 by aiming to put at least 51% of Ethereum's computing power into a single pool. A group of miners is once again on the move to try and block the proposal that is expected to bring automatic

Ethereum miners plot hash-power ‘show of force’ against EIP-1559

In protest of the upcoming implementation of EIP-1559, some Ethereum miners are organizing to redirect hash power to a 1559-opposed pool for 51 hours. Some Ethereum miners are trying to drum up support for a demonstration of force to show their opposition to the impending implementation of EIP-1559. Amid the backdrop of ever-escalating Ethereum fees, the Ethereum Improvement Proposal seeks to replace the network’s existing bidding-based fee market with a fixed price and burn mechanism.

Blockchain group INATBA reiterates concerns over proposed European regulations

The International Association for Trusted Blockchain Applications has faulted some aspects of the European Commission’s proposed crypto regulations. Six months after its first response to the European Commission’s crypto legislative proposal, the International Association for Trusted Blockchain Applications, or INATBA, has released a detailed report on key issues regarding the planned regulations. According to the recently published document, INATBA argued that the commission's Markets in Crypto Assets regulations do not favor emerging cryptocurrency and blockchain firms.

Bitcoin vs CBDC: India's growing need for both

After the first crypto-related ban in 2018 that affected many from the sector, the 2021 proposal to ban all private crypto assets is having a similar effect.

Polkadot Parachain Governance Proposal Advanced by Parity Technologies

Lower fees and better user experiences for Polkadot developers as Parity plans to release a generic assets parachain with enhanced functionality for deploying assets.

Ethereum EIP-1559 Targeting Gas Fee Challenges to be Implemented in July

Despite the fact that some of the leading Ethereum miners opposed the proposal, EIP-1559 is put forward as part of July's London Fork of the protocol.

Why Bitcoin mining firms based in Inner Mongolia are on the move

Crypto mining firms based in Inner Mongolia have decided to shut shop amid strict regulations. A draft proposal that seeks to “shut down" all crypto mining initiatives expects mining firms to cease The post Why Bitcoin mining firms based in Inner Mongolia are on the move appeared first on AMBCrypto.

Thai Financial Regulator Claims Controversial Crypto Rule Proposal Was Just to Gauge Public Opinion

The Thai financial watchdog has reportedly retreated from its initial controversial crypto rule proposal.

CBOE Seeks SEC Approval to List First Bitcoin Exchange-Traded Product in US

Equities market operator, CBOE global markets, has submitted a filing proposal to the SEC to list and trade shares of VanEck’s Bitcoin Exchange Traded Fund (ETF).

Cboe Applies to List First Bitcoin ETF in US

The equities market operator has filed a proposal with the SEC to list and trade shares in the proposed VanEck Bitcoin Trust.

Ripple-Backed Developer Launches Proposal To Bring Red-Hot NFTs to XRP Ledger

The Founder of Ripple-backed development studio XRPL Labs Wietse Wind is announcing plans to add non-fungible tokens (NFTs) to the XRP Ledger.

Polkadot could introduce ‘common good’ parachains with DOT-based smart contracts

Polkadot is likely to offload many of its core features to special-purpose public parachains. As Polkadot (DOT) gets ready to launch parachain auctions, a combined fundraising and market interest discovery mechanism, the team is realizing that some core features may be ill-suited for the auction mechanism. Polkadot parachains are somewhat analogous to the sharding proposal for Ethereum 2.0.

Synthetix might re-enable sKRW Synths on Curve to arbitrage Kimchi premium

Popular DeFi protocol Synthetix might soon re-enable its sKRW Synth that tracks the price of the Korean Won. According to a new proposal called SIP-113, Synthetix will reintroduce the previously de The post Synthetix might re-enable sKRW Synths on Curve to arbitrage Kimchi premium appeared first on AMBCrypto.

Sweden extends digital krona digital currency pilot until 2022

Sweden's exploration into CBDCs will continue until 2022, as the nation's central bank seeks to construct a digital version of the krona. Sweden’s central bank has extended an ongoing pilot aimed at creating a digital version of the Swedish krona until 2022, as was recently announced by the nation’s Riksbank. In combination with professional services firm Accenture, the “e-krona” pilot program was created to address what the Riksbank sees as “the marginalization of cash”: “The Riksbank sees potential problems with the marginalisation of cash and has therefore initiated a pilot project to develop a proposal for a technical solution for a central bank digital currency, an e-krona that can work as a complement to cash." The recent announcement states that no decision has been made on how, or even if, the e-krona will be issued.

Love & coordination at the frontier of governance: How Yearn minted $300 million

A core Yearn contributor gives the behind-the-scenes account of what may be the most consequential vote in decentralized governance history   On February 2nd, at 6:00pm UTC Yearn Improvement Proposal 57 passed mandating that Yearn Finance, the decentralized and permissionless neo-hedge fund where I work, mint 6,666 new YFI tokens. YFI holders themselves passed this vote, with 83% voting in favor, and the highest engagement since Yearns now-mythical fair launch.

Miami Officially Considers Putting Government Funds in Bitcoin

The City of Miami passed a proposal today that will involve analyzing whether to put some of the city's reserves into Bitcoin.

Argentina Is Starting to Think About a Digital Peso

Governor Raúl Jalil has submitted a formal proposal to President Alberto Fernandez to consider creating a digital peso for Argentina.

Synthetix votes to introduce asset providing on-chain exposure to Tesla Shares

Synthetix’s latest governance proposal has passed successfully, with the same approving the creation of sTSLA – a synthetic asset that will provide on-chain exposure to Tesla’s shares.

An Immodest Proposal to Voluntarily Abolish the Acronym ‘FOMO’

In 1895, a leading French polymath by the name of Gustave Le Bon published The Crowd: A Study of the Popular Mind, which is widely considered a seminal dissection of crowd psychology.

Indian Finance Minister Answers Questions on Cryptocurrency Plans and Ban Proposal

India’s Finance Minister Nirmala Sitharaman has answered some questions regarding cryptocurrency in Rajya Sabha, the upper house of India’s parliament.

Monero community wants Elon Musk to add XMR as Tesla payment option

The Monero community has raised $150,000 as part of a proposal to add XMR as a payment option on the Tesla website. The Monero community has posted a proposal to add XMR as a payment option on the Tesla website. Shortly after Elon Musk’s Tesla Motors hinted that they may start accepting Bitcoin (BTC) payments its electric cars, the Monero community suggested that XMR could also be a good payment option. After posting a CCS proposal on Feb.

Gas fee proposal could create ‘positive feedback loop’ for ETH price: Grayscale

Grayscale believes EIP-1559, a proposal to burn Ethereum gas fees, could be extremely bullish for Ether’s price. Institutional crypto fund manager Grayscale Investments believes the introduction of the proposed EIP-1559 fee and burn mechanism could create “a positive feedback loop for Ether’s price” should network activity continue to increase on Ethereum. That’s because the proposal could result in Ether being burned at a rate exceeding the creation of new supply, significantly shifting the supply-demand dynamic underpinning the ETH markets. In Grayscale’s Feb.

Biden rejects Bitcoin-sized COVID-19 rescue plan as money printers prime for action

The president's refusal to budge on a $1.9 trillion COVID-19 relief bill will have knock-on effects for Bitcoin, as the money printers look set for action once more. United States President Joe Biden has rejected a Republican proposal for a COVID-19 relief bill that would have seen $618 billion allocated to struggling American households and businesses.

MGM, Winklevoss Twins to Make Movie About Reddit’s GameStop Investors Taking on Wall Street

MGM has acquired the movie rights to a book proposal known as "The Antisocial Network" by New York Times best-selling author Ben Mezrich.

FinCEN Extends Crypto Rulemaking Review Period as Senate Confirms Janet Yellen

The Financial Crimes Enforcement Network (FinCEN) has issued a notice extending the comment period for its crypto wallet proposal.

With Yellen confirmed, Treasury moves forward with stalled crypto monitoring rule

The Treasury has opened up the comment period for its self-hosted wallet requirements for another 60 days. The United States Treasury Department's now-infamous proposal to require information on crypto transfers from exchanges to self-hosted wallets is back in motion. Per a Tuesday announcement from the Financial Crimes Enforcement Network, or FinCEN, stakeholders will have another 60 days to respond to the proposal.

Joe Biden Freezes FinCEN’s Crypto Wallet Rulemaking — US Crypto Regulations Under Review

New US President Joe Biden has frozen all agency rulemaking, including the proposal by the Financial Crimes Enforcement Network (FinCEN) relating to cryptocurrency wallets.

Ethereum's Upgrade Runs Into an Obstacle as Some Miners Try To Stop It

The long-awaited Ethereum (ETH) improvement proposal (EIP) 1559 has run into its adversaries as a number of Ethereum miners banded together to prevent its implementation.

President Biden Freezes Mnuchin's Controversial Proposed Regulation on Unhosted Crypto Wallet

FinCEN’s controversial regulation proposal on “unhosted” crypto wallet has been effectively frozen by President Joe Biden as his administration takes office today.

Yearn.finance team proposes $225 million YFI token mint

Community members and contributors are moving forward with a plan to build a treasury and better incentivize developers. After a week of at times rancorous debate, an 11-author team of Yearn.finance core contributors and community members have submitted today a proposal to increase the supply of YFI by 6666 tokens — a quantity worth roughly $225 million at today’s prices. The proposal is the culmination of a wider discussion about developer incentives for decentralized finance’s (DeFi) original yield vault project.

Blockchain Bites: ‘Crowded’ Crypto Traders, Ether All-Time High, the Bitcoin Battery Proposal

Bitcoin's environmental impact has become top focus for some critics as traders go "long BTC" and Dunamu reveals a “fear and greed” index.

Core contributors, investors debate Yearn token mint

After a stormy weekend for DeFi's original yield vault, dust is settling and a path forward is being paved What started as a simple governance proposal to build a war chest for the the Yearn.finance development team has now spilled over into a wider conversation about incentivization, sustainability, and fair project launches in the decentralized finance (DeFi) space.  On Wednesday, Jan.

Mt Gox Creditors Asked to Approve a Settlement Proposal Drafted by Coinlab

On January 15, the public was made aware of a deal between the firm Coinlab Inc., the Mt Gox bankruptcy trustee, Nobuaki Kobayashi, alongside MGIFLP, a subsidiary of Fortress Investment Group.