The Cointelegraph Press Review

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• Australian Senate committee backs new crypto platform licensing bill
  Australia is moving closer to a new licensing regime that would bring crypto exchanges and tokenization platforms into the Australian Financial Services Licence regime.Australia’s Senate Economics Legislation Committee has backed a bill that would require crypto exchanges and tokenization platforms to comply with the country’s existing financial services regime, recommending that the Corporations Amendment (Digital […]
• AI data center gold rush sparks debate over impact on Bitcoin mining
  Crypto trader Ran Neuner said Bitcoin could be at risk if AI continues to pull miners away from the network, but others disagree.A new debate has emerged over whether a continued shift by Bitcoin miners toward artificial intelligence could impact the network’s security and its role as a store of value.While some argue that miners […]
• SEC drops case against BitClout founder with prejudice
  The regulator filed for dismissal of its case against BitClout founder Nader Al-Naji, after “reassessment of the evidentiary record."The US Securities and Exchange Commission (SEC) has dropped a two-year-long case against the founder of the blockchain-based social media platform BitClout, Nader Al-Naji. In the joint dismissal stipulation filed in the US District Court for the Southern […]
• Balaji calls for more ‘crypto tools’ for refugees amid Middle East tensions
  The former Coinbase CTO says the crypto industry should build more financial tools for refugees and stateless people as conflicts and migration increase worldwide.Tech investor and former Coinbase chief technology officer Balaji Srinivasan has called on the crypto industry to develop more financial tools for refugees and stateless people.In a Saturday post on X, Srinivasan […]
• Australia warns of AI, ‘finfluencers’ as Gen Z crypto ownership reaches 23%
  Australia’s securities regulator said two-thirds of Gen Z are using social media to make decisions about their financial future, leading to “riskier” financial decisions. Australia’s financial regulator has urged young investors not to rely on social media influencers and artificial intelligence chatbots to make financial decisions, according to a study that also found that one in […]
• WLFI investors nod 6-month token lock-up rule in governance tweak
  WLFI token holders must stake their tokens for at least 180 days to retain voting privileges under the recently passed proposal.World Liberty Financial (WLFI) holders who want a chance to steer the protocol’s future will now need to lock up their tokens for nearly six months under a newly passed proposal. The proposal from the Trump […]
• US ban on stablecoin yield could see others fill the void: Ledger exec
  Ledger’s Asia-Pacific lead, Takatoshi Shibayama, has added his take as crypto and banks continue to debate whether to allow third-party platforms to offer stablecoin yields.A block on stablecoin yield payments in the US will likely prompt other countries to step up and offer the option, according to Takatoshi Shibayama, Asia-Pacific lead at crypto wallet company […]