In an open letter to President Kassym-Jomart Tokayev, Kazakhstan-based digital asset miners, including eight major entities, urgently request a decrease in energy prices. They warn of industry-wide dessertion caused by untenable fees and increasing operational challenges, threatening an extinction of the country’s thriving mining ecosystem.
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Stablecoin Regulation: Balancing Innovation and Consumer Protection in the US Market
California Rep. Maxine Waters has introduced a draft bill to regulate stablecoins in the United States, focusing on payment stablecoin issuers’ requirements, digital dollar research, and related subjects. Supporters say a clear regulatory framework would ensure oversight and consumer protection, while critics argue it could hinder innovation and limit the broader adoption of cryptocurrencies.