The Bank for International Settlements says major crypto exchanges are no longer just trading venues — they’re acting more like shadow banks, and that should set off alarm bells for anyone chasing yield on a centralized platform. BIS warning: exchanges are taking on bank-like roles without bank-like protections Yield products: often work like unsecured loans, […]
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Uzbekistan is giving crypto miners a very real sweetener: a state-backed zone in Karakalpakstan with a tax holiday, lighter energy rules, and a direct line into the country’s banking system. Besqala Mining Valley launched in Karakalpakstan by presidential decree No taxes until January 1, 2035 for resident companies 1% monthly fee replaces standard tax payments […]
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The U.S. military is testing Bitcoin as a cybersecurity and cryptography tool, and yes, that means a Bitcoin node is now part of the conversation inside the Pentagon’s orbit. US military and Bitcoin — running a Bitcoin node for monitoring and operational tests Not mining — the focus is Bitcoin security, cryptography, and protocol study […]
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US House Passes CLARITY Act to Split Crypto Oversight Between SEC and CFTC The U.S. House has passed the CLARITY Act, a long-awaited push to give crypto regulation some actual structure by splitting oversight between the SEC and CFTC based on how centralized or decentralized a token really is. SEC for tokens tied to a […]
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Thailand’s Securities and Exchange Commission is moving to make crypto derivatives licensing less of a bureaucratic maze, and that could open the door wider for regulated futures trading in the country. Thailand SEC proposes direct derivatives licensing for crypto firms Separate legal entity requirement could be removed Public comment runs until May 20 Goal: wider […]
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Bernstein says quantum computing is not shaking Bitcoin security right now — and that’s the sane take. The quantum panic cycle keeps coming back like bad code, but BTC’s cryptography is still standing, and there’s a big gap between scary theoretical math and a machine that can actually break Bitcoin. Bernstein’s view: quantum computing is […]
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Core Scientific Seeks $3.3B As It Shifts From Bitcoin Mining To AI Data Centers Core Scientific is raising $3.3 billion through senior secured notes as it pushes harder into AI data centers and away from Bitcoin mining. The move is a loud signal that the company now sees more value in selling compute power to […]
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The U.S. military is testing a Bitcoin node as part of a cybersecurity experiment, and no, it is not trying to mine free sats in a classified basement. U.S. military Bitcoin node: being used for cybersecurity and network-defense testing Not mining Bitcoin: the goal is analysis, not block rewards Bitcoin infrastructure: cryptography, blockchain design, reusable […]
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A broad coalition of crypto firms and advocacy groups is pressing the U.S. Senate to move the Clarity Act forward, warning that Washington’s usual delay tactics could send jobs, capital, and real innovation overseas. Crypto industry wants Senate action on the Clarity Act Stablecoin rewards, SEC vs. CFTC oversight, and developer protections are still unresolved […]
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More than 30 crypto and DeFi groups are pressing the SEC to draw a hard line between real brokers and the software, validators, and network infrastructure that keep decentralized finance running. 30+ groups signed a joint letter to the SEC on April 21 Main ask: formal, durable DeFi broker definitions Big concern: infrastructure providers getting […]
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