Through the unveiling of its “Regulating digital asset platforms” consultation paper, the Australian Treasury has indicated its intent to regulate service providers and exchanges. In particular, regulating service providers and exchanges as opposed to individual coins or cryptocurrencies themselves is, in the Treasury’s view, said to (1) address consumer harms and (2) support innovation in … Continue reading The Aussie Attempt At Regulating Crypto Service Providers and Exchanges
Category: ETH
Recents . . . in crypto!
US: Visa is under scrutiny by the DOJ given its methods of charging merchants for technology it uses to protect cardholder information. Specifically, Visa, as it currently stands, charges cardholders more if they fail to use Visa’s exclusive technology; this, in turn, raises serious regulatory concerns as the DOJ seeks to address. ARGENTINA: Pro Bitcoin … Continue reading Recents . . . in crypto!
Starting Something New: Shanghai Upgrade & “Shapella”
In a proof-of-stake system, users “stake” cryptocurrency as a form of guarantee to help secure and confirm new data blocks. With Shanghai, users can “unstake” Ethereum (ETH) in the form of partial withdrawals or full withdrawals. But, interestingly, a mass withdrawal is unlikely to occur. First, to withdraw ETH as a validator, users are required … Continue reading Starting Something New: Shanghai Upgrade & “Shapella”
