Rumors
Paxos refutes bank charter rejection rumors
Stablecoin issuer Paxos said that it has not been denied a national bank charter from the Office of the Comptroller of the Currency (OCC).
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Mining
Mississippi Senate passes bill to legalize crypto mining
The Mississippi digital asset mining bill makes it illegal to impose discriminatory energy rates on mining businesses
Mining
Bitfarms pay off $21M debt with one-time cash payment of $7.75M
The loan repayment freed up over 6000 Bitcoin mining machines Bitfarm had used as collateral.
Regulation
US authorities allegedly using banks to crack down on crypto – Nic Carter
CoinMetrics co-founder Nic Carter said crypto firms are finding it increasingly difficult to obtain access to onshore banking systems due to unfriendly government regulations.
Bankruptcy
Celsius creditors, US gov oppose bankrupt’s lender extension request due to high cash burn rate
Celsius creditors said the case must proceed toward a resolution as it has been around eight months since the firm paused withdrawals.
Lending
SALT Lending converts $64M debt – plans to restart in Q1 2023
SALT Lending is focusing on growth and will seek to raise additional funds in a second funding round later this year.
Staking
Coinbase CEO says SEC wants to ban retail staking
Brian Armstrong said that his crypto company has heard rumors to that effect.
