Deniz Saat

The Markets in Crypto-Assets (MiCA) proposal was first introduced in 2020 to set clear regulations for Bitcoin and cryptocurrencies within the EU. On March 14th, 2022 the ECON committee voted 32 against and 24 in favor for a proof-of-work (PoW) mining ban. This latest development for the proposal has brought

Paris Member of Parliament Pierre Person announced on March 11th, 2022 that the updated MiCa proposal prohibiting the exchange of crypto-assets that require Proof-of-Work to execute transactions would be signed. The proposal would include banning networks like Bitcoin, Ethereum, and any other crypto-asset the parliament deems too “energy intensive”. The

The Financial Conduct Authority (FCA) in the United Kingdom issued a warning on March 11th, 2022 to Bitcoin and cryptocurrency ATM (CATM) owners that all of their kiosks must be registered with FCA and comply with UK Money Laundering Regulations (MLR).  In a statement, the FCA claims that none of

On March 9th, 2022, U.S. Senators Bill Cassidy, M.D. (R-LA) and Marsha Blackburn (R-TN) introduced regulations for the Say No To Silk Road Act.  The Senators are anticipating the possibility that Russia will use the Chinese Communist Party’s (CCP) Digital Yuan in order to bypass payment systems

President Biden signed an executive order on March 9th, 2022 that outlines the first steps for Bitcoin and cryptocurrency regulations. With the rise in adoption and market size, the White House recognizes that Bitcoin, cryptocurrencies, and digital assets are becoming a major industry that may benefit U.S citizens.  The

As developments within Ukraine continue to evolve, the Come Back Alive (CBA) foundation claims to be supporting the Ukrainian military by accepting donations on their behalf. Founded in 2014 and based in Kyiv, CBA linked a Patreon account to their contributions page but was recently removed from the platform.  Facing

Equity markets were spooked by the announcement of a Russian invasion of Ukraine which led to lower prices on the morning of February 24th, 2022. Upon market open, the Dow Jones Industrial Average traded -1.3%, the Nasdaq traded -2.6%, Germany’s DAX traded -5%, and the U.K.

Nuevo León Senator Indira Kempis visited El Salvador earlier this month to observe the developments the country has undergone. President Nayib Bukele stated that El Salvador grew its GDP by 10.3% in 2021 and had never reached double digits beforehand. Tourism in the country also grew by 30% after