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The average cost of Bitcoin during Q3 last year was $61,000, in contrast to $114,500, according to BitFuFu, which led more miners to buy up machines and use cloud mining to get some for themselves.

Japan’s main exchange operator may tighten rules on listed firms with big crypto holdings after losses from the hoarding boom raised investor concerns.
The post Japan Exchange Operator Eyes Rules to Rein In Crypto Holdings by Listed Companies: Report appeared first on Cryptonews.

In recent statements made by Chair Paul Atkins, the US Securities and Exchange Commission (SEC) announced a strategic plan targeted at giving much-needed clarity on the classification of crypto assets.  Howey Test And Token Taxonomy In Crypto  Atkins highlighted the forthcoming consideration of establishing a “token taxonomy” within the Commission, a structured framework rooted in legal rationale to discern between securities and commodities.  He emphasized the importance of adhering to “limiting principles” in laws and regulations to ensure a cohesive approach towards crypto asset classification.  Related Reading: Bitcoin To Bottom Out In 300 Days: Top Expert Forecasts $38,000 To $50,000 Price Point Atkins commended the efforts of Commissioner Hester Peirce, particu...

A new study found that 16 current blockchains possess protocol-level freezing capabilities that allow foundations or governance groups to block specific addresses, with an additional 19 potentially able to support freezing in the future. Three Methods of Freezing Funds Identified A recent study by Bybit reveals that 16 blockchains currently have protocol‑level freezing capabilities, allowing […]