Today, the European Union (EU) parliamentarians, will vote on proposed legislation that could effectively ban the mining of bitcoin and other cryptocurrencies using proof-of-work consensus mechanisms across the EU due to environmental concerns. The economic and monetary affairs committee will be voting on a draft of the Markets in Crypto Assets (MiCA) package today, legislation aiming to ban cryptocurrencies using environmentally unsustainable consensus mechanisms by 2025. The package would require the EU to switch over to more environmentally friendly cryptocurrencies, like Algorand, a green ..read more

This week will go down as a historic one as many parts of the world are beginning to make moves towards mass adoption of cryptocurrency. On Wednesday, the White House released a fact sheet highlighting President Joe Biden’s “whole-of-government strategy” executive order on the responsible development of digital assets here in the United States. At almost the same time as the press release from the White House - Sheikh Mohammed bin Rashid Al Maktoum, the Ruler of the Emirate of Dubai, tweeted; "The future belongs to whoever designs it.. Today, through the virtual assets law, we seek to particip ..read more

On Wednesday, March 9, the White House briefing room released a fact sheet outlining President Biden’s new “whole-of-government strategy” executive order ensuring the responsible development of digital assets in the United States. Find out the details! Also, Is it better to have had $100 million dollars and go to prison for the rest of your life, or to never have had $100 million dollars at all? That’s the question brother and sister pair, John and JonAtina Barksdale (41 and 45), are asking themselves after John was arrested on criminal charges and both had civil charges brought against them f ..read more

The U.S. Treasury Leaks Secretary Janet Yellen's Press Release On Biden's Cryptocurrency Executive Order. Yellen’s statement was supposed to be released Wednesday morning but was posted on accident before being quickly deleted. The overall sentiment of the press release seemed to be bullish for the future of cryptocurrency in the United States. Secretary Yellen used positive language such as the executive order could “result in substantial benefits for the nation, consumers, and businesses,” and seems determined to work with interagency and international partners “on the future of money and pa ..read more

Coinbase, the largest cryptocurrency exchange in the United States, announced it has blocked 25,000 Russian crypto addresses of individuals and entities it believes to have engaged in illicit activity. This week, President Biden will take the first step towards regulating how cryptocurrency is traded in the United States when he signs an executive order requiring federal agencies to report on what actions they’ve taken regarding cryptocurrencies so far, and what they need to do to develop policies and regulations moving forward. The order is even expected to address the possibility of a U.S. C ..read more

Multiple U.S. states are making moves towards a crypto-friendly future. Last week Virginia made history by passing an unprecedented cryptocurrency bill that will allow banks in the state to provide virtual currency custodian services to its members. Arizona, California, and Colorado are all having crypto talks. No more Mr. Neutral: Switzerland breaks 200 years of neutrality and froze Russian cryptocurrencies and assets held within its borders. Justin Bieber's manager, Scooter Braun, sold his Texas mansion for $18.5 million in bitcoin.  Find these stories and more in article form at themor ..read more

Shake Shack offering 15% back in Bitcoin on all purchases. Citadel billionaire, Ken Griffin, admits he was wrong about Bitcoin, adding services. Lugano, Switzerland makes Bitcoin, Tether, and LVGA city’s legal tender. This episode is also available as a blog post: https://themorningbag.wordpress.com/2022/03/04/shake-shack-offers-bitcoin-rewards-billionaire-was-wrong-swiss-city-makes-crypto-legal-tender ..read more

The first episode of The Morning Bag. Welcome! Could Russia use crypto to circumvent the sanctions placed on them by the U.S. and other major players? Ukraine has received over $52 million in cryptocurrency donations since Sat, Feb 26th. Get the details. Also, Algorand drops a major thread, find out more! This episode is also available as a blog post: https://themorningbag.wordpress.com/2022/03/03/the-first-good-morning ..read more

Today, the European Union (EU) parliamentarians, will vote on proposed legislation that could effectively ban the mining of bitcoin and other cryptocurrencies using proof-of-work consensus mechanisms across the EU due to environmental concerns. The economic and monetary affairs committee will be voting on a draft of the Markets in Crypto Assets (MiCA) package today, legislation aiming to ban cryptocurrencies using environmentally unsustainable consensus mechanisms by 2025. The package would require the EU to switch over to more environmentally friendly cryptocurrencies, like Algorand, a green ..read more

This week will go down as a historic one as many parts of the world are beginning to make moves towards mass adoption of cryptocurrency. On Wednesday, the White House released a fact sheet highlighting President Joe Biden’s “whole-of-government strategy” executive order on the responsible development of digital assets here in the United States. At almost the same time as the press release from the White House - Sheikh Mohammed bin Rashid Al Maktoum, the Ruler of the Emirate of Dubai, tweeted; "The future belongs to whoever designs it.. Today, through the virtual assets law, we seek to particip ..read more