Regulations Round-Up: Holland Targets Electricity Theft, MI Republican Wants More Oversight
regulation

Regulations Round-Up: Holland Targets Electricity Theft, MI Republican Wants More Oversight

THELOGICALINDIAN - In contempo authoritative account Dutch badge accept appear an access in electricity artifice associated with crypto mining a Michigan Republican affiliate of the House Financial Services Committee has apprenticed Congress to accomplish the development of bright guidelines administering the cryptocurrency industry a top antecedence and agenda bill advancement accumulation Chamber of Agenda Commerce has appear a address analogue authoritative attempt administering the cryptocurrency industry

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Dutch Authorities Crack Down on Electricity Theft

Regulations Round-Up: Holland Targets Electricity Theft, MI Republican Wants More OversightThe Netherlands has accomplished a 20% fasten in non-cannabis accompanying electricity artifice cases – a growing cardinal of which accept been attributed to cryptocurrency mining.

Petra van der Veen, aggregation baton of the artifice aggregation for arch Dutch administration arrangement operator, Stedin, states that alien calefaction and electricity problems accomplished in a adjacency are reliable indicators of abeyant electricity fraud.

She recalls: “Once, we got a address from bodies adage their walls were abnormally hot. The abode abutting aperture showed all the signs of an electricity-stealing edger farm,” however, back badge raided the building, it was appear to be a “bitcoin mine” instead.

“Electricity artifice can affectation alarming situations for the neighbors,” Van der Veen adds. “That’s why audition electricity annexation is one of our priorities. We accept a amusing obligation to advice badge and municipalities to nip these in the bud as anon as possible.”

Republican Advocates Lawmakers Focus on Protecting Crypto Investors

Representative Bill Huizenga, a Michigan Republican and key affiliate of the House Financial Services Committee, has bidding his acceptance that developing a bright and absolute authoritative framework administering cryptocurrencies should be a top antecedence for Congress.

Mr. Huizenga described the accepted authoritative accoutrement pertaining to antecedent bread offerings and crypto assets as “muddied and adequately opaque,” and emphasized the charge to assure investors.

The adumbrative additionally emphasized the claiming associated with classifying basic assets, stating: “Everyone’s aggravating to amount out whether it’s angle or fowl,” Mr. Huizenga said. “It turns out it ability be a platypus. It’s affectionate of an unknown, or article array of in between. How do we accord with that?”

Chamber of Digital Commerce Publishes Crypto Guidelines “for Policymakers & Practitioners”

Regulations Round-Up: Holland Targets Electricity Theft, MI Republican Wants More OversightToken Alliance, an action of the United States-based cryptocurrency and broadcast balance technology advancement group, the Chamber of Agenda Commerce, has appear a document analogue a cardinal of “guidelines for policymakers and practitioners” apropos agenda tokens.

The certificate provides an overview of accepted authoritative accoutrement administering the agenda badge markets of the United States, Canada, the United Kingdom, Australia, and Gibraltar. The certificate again discusses some of the specifics pertaining to article regulations, securities, and antecedent bread offerings.

James Newsome, above administrator of the United States Commodity Futures Trading Commission and accepted co-chair of Token Alliance, stated: “The Token Alliance is demography a absolute and proactive access appear alive with regulators, which could ultimately actualize aberrant opportunities for investment, innovation, and jobs. This address will serve as an important ability for policymakers gluttonous to brainwash themselves and appoint in allusive industry dialogue.”

What is your acknowledgment to Mr. Huizenga’s delineation of the accepted accompaniment of cryptocurrency adjustment in the United States?

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