Blockonomi: US Senator Unveils Bill to Protect Crypto Exchanges From SEC Overreach

A Republican Senator recently proposed a new bill to safeguard crypto exchanges from regulatory overreach, the latest attempt by the US Senator as concerns grow that the U.S. Securities and Exchange Commission (SEC) appears to overstep the border. The bill, called the Digital Clarity Act of 2022, and introduced by Bill Hagerty of Tennessee, would […] The post US Senator Unveils Bill to Protect Crypto Exchanges From SEC Overreach appeared first on Blockonomi.

Bitcoinist: A Boon For Crypto – Binance Expands In Brazil With 2 New Offices

Registered crypto users in Brazil are increasing at a consistently steady pace, despite the bear market rearing its ugly head. Based on latest data, the South American country has tallied more than 1 million registered crypto accounts for the month of July alone, adding to its nearly 35 million users, Brazilian tax authority Receita Federal Kenyan Central Bank Rejects Deputy President Rigathi Gachagua’s Claims Country Lacks Forex to Import Oil

The Central Bank of Kenya appeared to rebuke the country’s new deputy president Rigathi Gachagua, after it rejected the latter’s claims the East African nation lacks enough foreign exchange to import oil. According to the bank, all the foreign exchange used in private transactions and for oil imports is sourced from commercial banks. Central Bank Taking Yield Farming to the Next Level With Animal Farm

As a result of DeFi protocols, access to finance has been democratized, allowing anyone with an Internet connection to gain access to opportunities and services. However, they only gained popularity after the ‘DeFi summer of 2020’ and the yield farming craze that followed. The concept of yield farming has changed the way people view savings

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