CBDC Ban Proposed by Florida Governor Ron DeSantis in New Bill

Florida Governor Ron DeSantis announced a new law to protect the rights of Florida citizens from a central bank digital currency. The post CBDC Ban Proposed by Florida Governor Ron DeSantis in New Bill appeared first on BeInCrypto.

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Bank of England has no tech skills to issue CBDC yet: Deputy governor

BoE deputy governor Jon Cunliffe compared a potential digital pound with Apple’s iPhone app store as it could “open a new frontier for people to improve payments.”

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Italy Setting Up Crypto Environment That Meets EU's New Laws, Central Bank Governor Says

Local regulators have begun setting up "authorization and supervision" activities mandated by the bloc's forthcoming MiCA rules.

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Bitcoin Mining Energy Initiative Garners Support From New Hampshire Governor

The office of New Hampshire Governor Chris Sununu published a report on crypto and blockchain tech. Among other things, he recommends that the Department of Energy examine Bitcoin mining for its potential benefits.

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New Crypto Regulations Might Not Be Needed According to Fed Governor

A Federal Reserve governor has said that new crypto regulations for the industry may not be needed as the FTX collapse didn't affect banks. The post New Crypto Regulations Might Not Be Needed According to Fed Governor appeared first on BeInCrypto.

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How Banning Crypto Mining Could Backfire for New York

New York Governor Kathy Hochul has signed into law a bill that will ban Bitcoin mining using unsustainable energy sources across the state. The post How Banning Crypto Mining Could Backfire for New York appeared first on BeInCrypto.

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Governor Hochul Signs Law Banning New Proof-of-Work Crypto Mining In New York

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California 'BitLicense' Bill Vetoed by Governor Gavin Newsom

California Governor Gavin Newsom vetoed Assembly Bill 2269, saying it would be "premature" to create a licensing regime specific to crypto without considering feedback from stakeholders and the cost of a new licensing structure.

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Nigeria aims for millions of new eNaira users as it increases features, targets unbanked

Nigerian Central Bank governor Godwin Emefiele told attendees at the eNaira Hackathon that technical upgrades will add to the attractiveness and accessibility of the CBDC.

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New York State May Ban Any Crypto Mining Powered by Fossil Fuels

Tick Tick Boom For weeks now, a bill that would ban all crypto mining that uses fossil fuels has languished on the desk of New York's governor, which begs the question — what now? This dramatic story, as reported by The Daily Beast, has gone mostly underreported this week as both the stock market and the […]

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NYC Mayor Adams Opposes Mining Legislation, Calls for ‘Goals Not Bans’

As New York's crypto mining bill aims to limit environmental impact by capping proof-of-work mining, New York City Mayor Eric Adams is set to reportedly ask Governor Kathy Hochul to veto the bill passed by the State Senate earlier.

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NYC Mayor plans to ask Governor Hochul to veto crypto mining bill

Eric Adams, the incumbent Mayor of New York City, plans to ask  Governor Kathy Hochul to veto a bill looking to impose a two-year ban on Proof-of-Work (PoW), Adams told Crain’s New York Business. The post NYC Mayor plans to ask Governor Hochul to veto crypto mining bill appeared first on CryptoSlate.

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New York governor yet to commit to signing Bitcoin mining ban into law

“We’ll be looking at all the bills very, very closely. We have a lot of work to do over the next six months,” said Governor Hochul.

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New York's push to ban crypto mining triggers response from community

In a tweet, lawyer Jake Chervinsky expressed his hopes that the governor will veto the bill “for the sake of New York.”

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You Can’t Program Confidence In Crypto, FED Governor Warns

The crypto space has been gaining more and more attention recently. As per usual, government officials are highlighting the possible ways the new ascent class is harmful to retail investors and why the sector needs regulation.

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Environmentalists Target Greenidge as They Turn Up Pressure on NY Governor to Sign Mining Moratorium Bill

A moratorium on new PoW mining projects that use behind-the-meter fossil fuel energy is now on the NY governor's desk.

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Proof-of-Stake (PoS) tokens to get after potential ban of PoW

The New York Senate approved a bill that would ban crypto mining in the state following an early vote. The bill is now headed to Governor Kathy Hochul, who can veto the bill and sign it into law.

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New York State Senate passes Bitcoin mining moratorium

The bill, once approved by Governor Kathy Hochul, would make New York the first state in the U.S to put a moratorium on crypto mining.

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California Governor Signs Executive Order on Blockchain

California’s governor has signed a new executive order promoting blockchain development within that state. Newsom Signs Executive Order Gavin Newsom, governor of California, has signed an executive order to promote...

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New York State Assembly passes ban on new BTC mines that don’t use green power

The bill will now be carried with support to the State Senate for passing before a final sign-off into law by Governor Hochul.

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Bank of England Head Says Crypto Is "New Front Line" for Criminal Scams

Bank of England Governor Andrew Bailey has sounded alarm over the growing popularity of cryptocurrencies among scam actors

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Lawmakers Raise Alarm on Crypto for Sanctions Evasion as Experts Cast Doubt

U. S. Senators Elizabeth Warren (D-Mass. ), Sherrod Brown (D-Ohio), Mark Warner (D-Va. ) and Jack Reed (D-R. I. ) and New York Governor Kathy Hochul addressed this concern in separate public statements Wednesday.

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New Hampshire Governor issues executive order establishing commission to study crypto

The commission will have until Aug. 8 to submit a report "regarding the current status of the cryptocurrency and digital asset industry.”

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Florida Governor Proposes Crypto Payment Pilot for Businesses

Florida’s Governor Ron DeSantis has revealed a new proposal that would allow for businesses pay for state fees in crypto. The post Florida Governor Proposes Crypto Payment Pilot for Businesses appeared first on BeInCrypto.

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As Bitcoin mining activity strengthens in the U.S., is it fading out from Kazakhstan

It is no news that crypto mining is energy-intensive. Recently, New York State residents addressed a letter to the governor to reassess mining permits to crypto businesses. It includes names like GreeThe post As Bitcoin mining activity strengthens in the U.

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New York businesses ask governor to deny permits for crypto mining

Crypto mining’s environmental impact continues to raise concerns with regulators and businesses alike.

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New NY governor taps former Obama official to head state's financial regulator

Adrienne Harris said she aims "to ensure we have a robust and fair financial system, and an equitable economy" in her role at the NYDFS.

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Israel’s New President Sworn in with an NFT, Ministry of Defense Orders Seizure of Crypto Wallets

The Bank of Israel Deputy Governor is also more concerned about financial stability, citing the rush to cryptos than inflation as such “enough reasons to be patient” with monetary policy and to allow it to be accommodative enough to continue to support the economy.

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New Zealand: Central Bank to Explore CBDC, Stablecoin Policies via Public Consultation

The Reserve Bank of New Zealand is set to conduct public consultations with regard to CBDCs, stablecoins, and other emerging mediums of payment. NZ Catches the CBDC Fever According to an official statement issued on July 7, the Assistant Governor of The Reserve Bank of New Zealand, Christian Hawkesby detailed as to how New ZealandRead More

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New Forms Of Digital Money Should Be “Trusted As A Store Of Value & An Accepted Means Of Payment” Says BoE Governor

Amidst the growing digitization, Eurozone citizens have stocked up on banknotes as a safety buffer. Meanwhile, over half of German households are skeptical about a digital euro as “not convinced that it would deliver sufficient added value.

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BoE Governor Believes CBDCs Will Usher in ‘New Era’ of Banking

Speaking at the launch of the Bank for International Settlements’ London location, Andrew Bailey expressed his optimism concerning CBDCs. The post BoE Governor Believes CBDCs Will Usher in ‘New Era’ of Banking appeared first on BeInCrypto.

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U.S. state of Colorado considers tax payments via crypto

The adoption of crypto in the US got a new push as Colorado Governor Jared Polis is eager to accommodate legislation for state tax payments via cryptocurrencies, as per a report on news outlet The Independent.

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Big tech, not cryptocurrency, is the real threat to central banks’ autonomy, Danish central bank governor says

Though Danmarks Nationalbank's governor seems tempted to ignore cryptocurrencies, other banks in the country continue to launch new services based on crypto.

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China's Central Bank Working on New Regulatory Policies for Cryptocurrencies

Li Bo, a newly appointed deputy governor of China's Central Bank, says that cryptocurrencies should play a major role in the future

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NY Governor rolls out blockchain-based vaccination pass for residents

New York Governor Andrew Cuomo has announced that a blockchain-powered vaccination password has been launched by the State government. The e-passport, termed Excelsior Pass” is distributed via a voluntary platform that checks for COVID-19 negative results of vaccinations using a QR scanning code.

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New York State Releases IBM Blockchain COVID-19 Passport Application

New York Governor Andrew Cuomo has approved a new application that uses IBM blockchain technology. According to an official announcement made on March 26, the ‘Excelsior Pass’ will help fast-track the reopening of businesses and entertainment venues in the state.

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NY Governor Cuomo launches blockchain-powered vaccination passports

New York Governor Andrew Cuomo has launched of a blockchain-powered vaccination passport built on top of IBM's Digital Health Pass.

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Kentucky Governor Signs Two Bills to Provide Tax Breaks to Crypto Mining into Law

Two bills relating to the taxation of the commercial mining of cryptocurrency have been signed into law this week by the Kentucky governor. As per the bill, a new section of KRS 139 has been created, which defines various terms relating to commercial mining of cryptocurrency using blockchain technology and provide sales and use tax […] The post Kentucky Governor Signs Two Bills to Provide Tax Breaks to Crypto Mining into Law first appeared on BitcoinExchangeGuide.

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Kentucky Governor Signs Bitcoin Mining Incentive Bill Into Law

A new law in Kentucky will provide tax exemptions to cryptocurrency mining operations and attract them to the state.

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New York governor Cuomo reveals COVID-19 pilot built on IBM blockchain

Blockchain could play a crucial role in COVID-19 vaccination management as the globe starts to emerge from the crisis.

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Bitcoin Investment Makes Sense in Current Economic Climate: Former Fed Governor

"I guess if you are under 40, bitcoin is your new gold," Warsh said.

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New Zealand’s Central Bank Is Actively Researching CBDC’s, But Has No Plans to Launch Soon

The Central Bank of New Zealand has hinted through its deputy governor that it is actively researching Central Bank Digital Currencies (CBDC). However, there are no plans to launch one anytime soon.

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Now, Reserve Bank of New Zealand researching CBDC

Reserve Bank of New Zealand's Assistant Governor, Christian Hawkesby today elaborated on the Bank’s take on its own CBDC. In a speech, he told The Royal Numismatic Society of New Zealand, that New ZThe post Now, Reserve Bank of New Zealand researching CBDC appeared first on AMBCrypto.

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California Governor Signs Law Bringing State ‘New Tools’ to Regulate Crypto

The now-renamed California department responsible for the regulation of financial services will soon have more powers to supervise the cryptocurrency industry.

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Philippines’ Central Bank Is latest to Explore a Central Bank Digital Currency

The Central Bank of the Philippines is the latest on the list of countries to exclusively express their interest in developing a central bank digital currency. Benjamin Diokno, the Governor of Philippines’ central bank announced the news today, during the launch of NGC (New Generation Currency) banknotes in a virtual conference. He said that the […]

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Bank of Japan Announced New Team to Continue Research on CBDC but Has No Plans to Launch It Now

Coinspeaker Bank of Japan Announced New Team to Continue Research on CBDC but Has No Plans to Launch It NowMasayoshi Amamiya, the Bank of Japan executive governor, said that a CBDC may play a central role in interoperability between many emerging digital assets in the country.

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Governor Cuomo Claims Coronavirus Stimulus Package Is Drop in the Ocean for New York

Coinspeaker Governor Cuomo Claims Coronavirus Stimulus Package Is Drop in the Ocean for New YorkNew York Governor Andrew Cuomo has dismissed what the stimulus package means for New York, calling it a drop in the ocean.

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New York Governor warns lockdowns could last through 2020; how will Bitcoin fare?

The COVID-19 pandemic is growing at an alarming pace, impacting virtually every major country and having devastating impacts on the global economy. Much to the chagrin of Bitcoin investors, the benchmark crypto has been struggling (from a price-perspective) despite long being thought of as a “digital gold” or a safe haven asset.

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Bitcoin (BTC) Investors Should Be Prepared to Lose All Their Money, Says New Bank of England Governor

Andrew Bailey, the next governor of the Bank of England, warns investors about the pitfalls of Bitcoin (BTC)

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