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UK government to introduce legislation on stablecoins, staking: report

Advertisements British officials are reportedly working on a plan to regulate stablecoins and exempt staking services, aiming to strengthen the country’s appeal amid U.S. regulatory shifts. The British government plans to roll out crypto regulations by December, aiming to retain firms tempted by a pro-crypto stance in Trump’s U.S. The Treasury is particularly expected to introduce two pieces of legislation, …

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BTC mining profitability in free fall, noise complaints rise

Advertisements Homepage > News > Tech > BTC mining profitability in free fall, noise complaints rise BTC mining profitability continues to tumble despite the token’s price increasing, while communities living near mining sites are losing sleep and losing patience. JPMorgan (NASDAQ: JPM) analysts issued a report this week noting that block reward miners’ daily revenue and gross profit both fell 6% in September, …

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18 GOP AGs sue SEC as Gensler hints resignation

Advertisements Donald Trump’s promise of a U.S. SEC without Gary Gensler may be realized ahead of schedule amid state lawsuits and resignation chatter. Wall Street’s top cop-on-the-beat has been accused of “unconstitutional overreach” and “unfair persecution” of the $3 trillion cryptocurrency industry, according to a lawsuit signed by 18 Republican Attorneys Generals. The lawsuit alleges that the United States Securities …

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