The Singapore High Court has granted bankrupt crypto exchange Vauld until March 24, 2023, to develop a new plan to reimburse creditors after its acquisition deal with Nexo fell through. The ruling com...
Tag: moratorium
Some Want the Crypto Moratorium in New York to Last Longer
Not long ago, the state of New York imposed a moratorium on crypto mining, thus barring any firms that did not fully rely on clean energy from entering its borders and setting up shop. Initially, the ...
Can Canada stay a crypto mining hub after Manitoba’s moratorium?
Canada has remained a peculiar regulatory alternative to the neighboring United States in regard to cryptocurrency. While its licensing process has become more stringent than in some countries, Canada...
New York Signs Crypto Moratorium into Law
It’s happened, folks. We’ve always known New York wasn’t crazy about cryptocurrency, but this new law its governor has recently passed clearly takes its dislike of the industry to a whole new level. T...
Canada’s Manitoba Province Enacts 18-Month Moratorium on New Crypto Mining
“We can’t simply say, ‘Well, anyone can take whatever [energy] they want to take and we’ll simply build dams’,” Finance Minister Cameron Friesen, the minister respo...
New York’s mayor seeks balance with regulators after PoW mining moratorium
New York City mayor Eric Adams is still focused on making New York a crypto hub, but he believes that goal can be combined with statewide efforts to curb environmental costs related to crypto mining, ...
US Extended Student Loan Moratorium, Analysts Reduced Estimates, Price Targets On SoFi Technologies
Mizuho analyst Dan Dolev maintained SoFi Technologies, Inc (NASDAQ: SOFI) with a Buy and lowered the price target from $7 to $6 despite remaining upbeat on the stock. The seemingly never-ending studen...
New York Signs Moratorium on Cryptocurrency Mining
New York has become the first state in the United States to impose a temporary moratorium on any new fossil fuel-powered cryptocurrency mining activities. New York Governor Kathy Hochul signed a law o...
New York governor signs PoW mining moratorium into law
New York governor Kathy Hochul signed the proof-of-work (PoW) mining moratorium into law on Nov. 22, making it the first state in America to ban any PoW crypto mining activity for two years. The PoW m...
New York Signs Two-Year Crypto Mining Moratorium Into Law
New York Governor Kathy Hochul signed a two-year moratorium on new permits for proof-of-work (PoW) cryptocurrency mining operators that rely on carbon-based fuel to power their activities. “The law wi...
New York governor passes moratorium on Proof-of-Work mining
The state of New York now has stricter laws on crypto mining thanks to Kathy Hochul, the governor of the state. The measure places a two-year freeze on the issuance of new permits for mining operation...
New York Governor Hochul signs moratorium on proof-of-work mining
New York Governor Kathy Hochul has signed a bill cracking down on crypto mining in the state. The bill imposes a two-year moratorium on new permits for proof-of-work mining operations that rely ...
Struggling Crypto Exchange, Zipmex Granted 3-month Moratorium Extension by Singapore High Court – crypto.news
The South Asian crypto exchange is in a rough patch after its exposure to Babel Finance and Celsius Network, which are currently bankrupt. The Singapore high court last week granted the exchange prote...
Zipmex gets over three-month moratorium extension to resolve its liquidity crisis
Troubled South Asian crypto exchange Zipmex, which abruptly halted client withdrawals last month and sought protection from creditors, has received just over three months to sort out its liquidity iss...
Zipmex gradually resuming Z Wallet withdrawals, says debt moratorium is not bankruptcy
Crypto exchange Zipmex, which operates in Thailand, Indonesia, Singapore and Australia, released a statement this week denying reports that it has filed for bankruptcy and announcing its progress in r...
Singapore High Court Grants Vauld 3-Month Moratorium
Troubled crypto lender Vauld has been granted three-month protection from creditors by the High Court of Singapore. The moratorium granted to Vauld-parent company Defi Payments Ltd. by Justice Aedit A...
Vauld Gets Three Month Moratorium From Singapore Court
Advertisement     Troubled Vauld obtained a three-month moratorium for the courts in Singapore as it hoped to put its house in order. The exchange’s 147,000 creditors ...
Vauld gets three-month moratorium from Singapore High Court for protection against creditors
Crypto platform Vauld, which halted customer withdrawals last month, has secured protection against creditors for three months from the Singapore High Court, Bloomberg News reported Aug. 1. Vauld’s pa...
The Governor of New York, Hochul, is Facing Real Pressure to Sign Crypto Moratorium
Kathy Hochul is facing real pressure in signing the crypto moratorium The bill is passed by the state’s Assembly of New York The governor of New York, Kathy Hochul, is handling real pressure to sign t...
Just In: Vauld Moratorium Approved, Here’s What Users Plan For Recovery
In a fresh development, the Vauld moratorium request was approved by a Singapore court on Monday. After Vauld publicly announced it had financial difficulties, it sought a relief period to let it sort...
New York Governor Hochul Facing Real Pressure to Sign Crypto Moratorium
Kathy Hochul – the current governor of New York – is facing real pressure to hurry up and sign the crypto moratorium that her state’s Assembly passed. Environmentalists Want Hochul to Move It is inter...
Zipmex files for protection against creditors in Singapore
Troubled South Asian crypto exchange Zipmex has filed for protection against creditors in Singapore as it faces a liquidity crunch. Announcing the news on Wednesday, Zipmex said its solicitors Morgan ...
The New York Crypto Moratorium Is Still Causing a Big Fight
Not long ago, the state of New York issued a new bill through its senate that placed a two-year moratorium on the crypto mining sector. The bill sought to ensure that no other mining operations could ...
Vauld Discloses $70 Million Asset Deficit; Seeks Repayment Moratorium
Vauld has disclosed a shortfall of $70 million to its creditors, days after the crypto platform suspended withdrawals, deposits, and trading activities for its users. Media reports confirmed the asset...
Fred Thiel: New York’s Crypto Moratorium Is a Mistake
The state of New York recently passed a law banning cryptocurrency mining for two years. This bill has gotten a lot of crypto enthusiasts angry, including Vitalik Buterin of Ethereum fame. The latest ...
Vitalik Buterin Bashes New York’s Crypto Moratorium
Vitalik Buterin – the co-founder of Ethereum, the second largest cryptocurrency by market cap and the primary competitor to bitcoin – has stated that he is not too happy with New York’s recent decisio...
New York Senate Passes Crypto Mining Moratorium
Just two days ago, Live Bitcoin News published an article saying that a proposed crypto mining moratorium in the state of New York had stalled in the Senate, and that the bill likely wasn’t being push...
New York Crypto Moratorium Comes to a Standstill
New York is seeing a halt come to its proposed moratorium on cryptocurrency mining. New York Crypto Mining Can Continue The Empire State has been worried for a long time – just like many environmental...
New York governor weighs whether to sign Bitcoin mining moratorium
Last week, New York Senates passed a bill proposing a two-year moratorium on crypto and Bitcoin mining activities based on carbon-energy sources. This particular bill already passed the State Assembly...
Why are there eyes on NY Governor Kathy Hochul following the PoW crypto mining moratorium passed by lawmakers?
The bill has recently passed in the senate now looking to get signed and approved by governor Kathy Hochul. The New York State Senate has approved a bill concentrating on creating a moratorium o...
New York State Assemblymember Denies Moratorium Bill Is a ‘Ban’
Crypto companies club together to oppose a bill that the responsible lawmaker says only affects a small proportion of the crypto mining community in New York. A new bill sitting on the desk of New Yor...