Deniz Saat

Malaysian Government officials are currently discussing the next steps for adopting Bitcoin as legal tender for the country. Deputy Minister of Communications and Multimedia, Zahidi Zainul Abidin, hopes that the government can allow Bitcoin and cryptocurrencies to be adopted as legal tender could provide stronger commerce connections between citizens and

On March 17th, 2022 Senator Elizabeth Warren (D-MA) and a number of her other colleagues introduced the Digital Asset Sanctions Compliance Enhancement Act of 2022. This bill is meant to prevent Russian persons (wealthy oligarchs and banks) from maneuvering around established sanctions with Bitcoin and other cryptocurrencies.  While presenting the

On March 16th, 2022, Congressman Tom Emmer (R-MN) and seven other Congress Members sent a formal letter to the Securities and Exchange Commission and Gary Gensler (SEC chair) regarding their investigations on Bitcoin and cryptocurrency companies.  Emmer tweeted a thread stating that his office received word from a number of

Samson Mow is a Bitcoin expert who previously worked for BTCC (China’s first Bitcoin exchange) and was the Chief Strategy Officer for Blockstream. Mow is currently the Chief Executive Officer for Pixelmatic, a game development studio he founded, and he now focuses the majority of his time on nation-state

On March 15th, 2022 the Financial Monitoring Agency (FMA) of the Republic of Kazakhstan released a report that shows their progress on enforcing a ban for unregistered Bitcoin and cryptocurrency miners. Kazakhstan has been experiencing rolling blackouts since the beginning of the year and government agencies have taken steps to

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