• Coinbase appeals SEC rulemaking petition denial as promised

    [ad_1] Coinbase is continuing its efforts to ensure adequate legislation on cryptocurrency used as securities. After the United States Securities and Exchange Commission (SEC) denied Coinbase’s petition for rulemaking on cryptocurrency on Dec. 15, the crypto exchange appealed the decision on the same day. Coinbase chief legal officer Paul Grewal promised immediate action as soon as the SEC’s denial became…

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  • Why is Ethereum (ETH) price down today?

    [ad_1] Ether (ETH) price is down on Dec. 15 after failing to break above the $2,320 resistance level. The recent price correction can be attributed to negative remarks from regulators, a hack that affected nearly the entire Web3 ecosystem, reduced activity in the Ethereum network, and criticism from a former Ethereum Foundation developer. Ether price index, USD. Source: TradingView A…

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  • ECB assesses environmental footprint of cash, sees room for improvement

    [ad_1] The European Central Bank (ECB) has taken a look at the environmental impact of using banknotes. It discovered 16 environmental impact categories. As with cryptocurrency, energy efficiency was a major issue. Banknotes continue to be the most common form of payment at points of sale in the eurozone. The use of cash requires an elaborate physical infrastructure for its…

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