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UK drafting stablecoin regulations and researching a CBDC

The United Kingdom has announced forthcoming regulatory proposals for stablecoins and ongoing research into CBDC. Source: https://cointelegraph.com/rss

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Big mining move: Bitcoin’s hash power increases 42% in two days

It appears many Chinese miners have completed their annual migration from Sichuan, with Bitcoin’s hash rate spiking more than 40% in two days. Source: https://cointelegraph.com/rss

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Microsoft employee sentenced to 9 years in first U.S. Bitcoin case involving tax fraud

A Ukrainian national has been sentenced to nine years in prison in what the IRS is describing as the United States’ “first Bitcoin case [with] a tax component.” Source: https://cointelegraph.com/rss

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$18K Bitcoin price, eh? BTC market cap may pass Canada’s monetary base

Bitcoin’s market cap is rapidly surpassing the monetary base of multiple national currencies and it looks like the Canadian dollar is next. Source: https://cointelegraph.com/rss

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Ripple's Garlinghouse disses Bitcoin's energy use in advance of Biden administration

With Joe Biden being declared the next President of the United States, Ripple CEO Brad Garlinghouse is making sure his company’s messaging aligns with the new administration. Source: https://cointelegraph.com/rss