NY Says "NO" to PoW + Japan Regulates Stablecoins + Crypto Staying Power
New York state has passed a moratorium on PoW mining for at least two years, Japan regulates stablecoins to only be issued by banking institutions, and many crypto industry representatives say that crypto is in its “early dot com days” in terms of projects that will stick around.
New York State Senate Passes Bitcoin Mining Moratorium
Japan passes bill to limit stablecoin issuance to banks and trust companies
Crypto firms say thousands of digital currencies will collapse, compare market to early dotcom days
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