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Pakistan Crypto Council proposes using excess energy for BTC mining

Bilal Bin Saqib, the CEO of Pakistan’s Crypto Council, has proposed using the country’s runoff energy to fuel Bitcoin (BTC) mining at the Crypto Council’s inaugural meeting on March 21. According to an article from The Nation, the council is exploring comprehensive regulatory frameworks for cryptocurrencies to attract foreign direct investment and establish Pakistan as […]

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Crypto VC giant targets $1B for new funds, expects oversubscription — Report

Venture capital firm Haun Ventures is reportedly looking to raise $1 billion for two new crypto-related investment funds within the next three months. If successful, $500 million will be allocated to early-stage crypto investments, while the remaining $500 million will go toward late-stage crypto investments, people familiar with the matter told Fortune Crypto on March […]

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John Reed Stark opposes regulatory reform at SEC crypto roundtable

John Reed Stark, the former director of the Office of Internet Enforcement at the United States Securities and Exchange Commission (SEC), pushed back against the idea of regulatory reform at the first SEC crypto roundtable. The former regulator said the Securities Act of 1933 and 1934 should not be changed to accommodate digital assets and […]

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Crypto super PAC network to back GOP House candidates in Florida

A Super PAC network funded by the crypto industry is poised to back two Republican candidates for the United States House of Representatives in Florida’s April 1 special elections, according to a March 21 report by Politico. The network includes Fairshake, Defend American Jobs and Protect Progress. Defend American Jobs will start the spending by […]

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Crypto Biz: As crypto booms, recession looms

America’s pro-crypto policy shift has become a bipartisan commitment as Democrats and Republicans look to secure the US dollar’s influence as a global reserve currency. According to US Representative and California Democrat Ro Khanna, at least 70 of his fellow party members now understand the importance of stablecoin regulation.  According to Khanna, Americans can expect […]