Proof-of-work Hearing, Robinhood on Crypto Investments, 55 ‘Rug-Potentials’ + More News

Source: Adobe/New Africa Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Regulation news The United States House Committee on Energy and Commerce announced a hearing on the crypto industry’s energy consumption, which will take place on Thursday, January 20, 2022. … Read more

Bukele’s Bitcoin trade raises El Salvador’s sovereign credit risk: Moody’s

El Salvador’s historic embrace of Bitcoin (BTC) could have negative consequences on the country’s sovereign credit outlook, according to Moody’s Investors Service.  Moody’s analyst Jaime Reusche told Bloomberg this week that El Salvador’s Bitcoin gambit “certainly adds to the risk portfolio” of a country that has struggled with liquidity issues in the past. Under the … Read more

What should the crypto industry expect from regulators in 2022? Experts answer, Part 2

Michelle is the CEO of the Association for Digital Asset Markets, which works in partnership with financial firms and regulatory experts to devise a code of conduct for digital asset markets. “2021 was the year Washington woke up to the digital assets industry. The year started with the rushed FinCEN “Unhosted Wallets” proposal, which the … Read more