[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Top Bitcoin mining country Kazakhstan turns off internet amid protests Kazakhstan, which accounts for the second-largest Bitcoin mining hash rate in the world, suffered a nationwide internet blackout earlier this week after soaring fuel prices triggered a wave of violent protests in the city…
Read MoreTag: proposes
Vitalik proposes new ‘multidimensional’ Ethereum fee structure
[ad_1] Ethereum co-founder Vitalik Buterin has put his thinking cap on again in an attempt to improve the current fee structure for the network. The proposal titled “Multidimensional EIP-1559” was laid out in a blog post on Wednesday in which Buterin noted that different resources in the Ethereum Virtual Machine (EVM) have different demands in terms of gas usage. He added that there are different limits for short-term “burst” capacity as opposed to “sustained” capacity within the EVM, citing examples of block data storage, witness data storage and block state size…
Read MoreZimbabwe Proposes Inclusion of VASPs in Its Securities Law — Move Applauded as ‘Step in Right Direction’ – Regulation Bitcoin News
[ad_1] The Zimbabwean government recently revealed its intention to widen the definition of securities to include virtual asset service providers (VASPs). According to a document released by the cabinet, the proposed inclusion of VASPs into the category of defined securities will be made possible via the amendment of the Securities and Exchange Act. The Money Laundering and Terrorist Financing Factor According to one local report, it is this amended law that will “enable Zimbabwe’s Securities and Exchange Commission (SECZ) to come up with regulations to supervise the VASPs on a…
Read MoreBitcoin hits $35K after Biden reveals infrastructure deal, Paraguay proposes BTC bill
[ad_1] Bitcoin (BTC) price received a boost as news that lawmakers in Paraguay plan to present a bill to make BTC legal tender spread across Twitter. Shortly after the unconfirmed news surfaced on Twitter, Bitcoin price rallied to $35,289 before slightly pulling back below the key short-term resistance level. Congratulations Paraguay • a bill has been submitted to make #BITCOIN legal tender • reading likely to occur on July 14th • they wish to be a crypto hub • promotion of green energy mining • some interest from Argentina & Brazil…
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