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EU Commission to ensure ‘healthy competition’ in the metaverse

Considering the regulatory struggle to keep up with ever-evolving innovations, Margrethe Vestager, the European commissioner for competition since 2014, recommended a headstart into brainstorming implications of technologies such as the metaverse and ChatGPT.Vestager highlighted how digital transit…

US legislators renew call for EPA investigation of crypto mining emissions data

United States Senator Edward Markey and Representative Jared Huffman announced on March 3 that they would reintroduce the Crypto-Asset Environmental Transparency Act in Congress. The move comes ahead of a Senate hearing on the environmental impact of crypto mining, which Markey will chair on March…

CFTC’s Johnson urges Congress to expand commission’s crypto oversight powers

Commodity Futures Trading Commission (CFTC) Commissioner Kristin Johnson has urged Congress to adopt legislation that "closes the current gap in the oversight of crypto spot markets."During a speech at a digital assets conference at Duke University on Jan. 21, Johnson proposed a number of amendment…

CFTC commissioner calls for global industry standards in crypto regulation

Caroline Pham, the Commodity Futures Trading Commission (CFTC) commissioner, has recently called on regulators to provide clearer guidance on crypto assets in 2023. In an interview with Bloomberg, Pham mentioned that discussions with global players over crypto regulations are ongoing. The governmen…

Why does blockchain need commission? How to calculate the transaction fees of Bitcoin and Ethereum?

The commission has existed since the establishment of the blockchain, and can even be regarded as the main part of the blockchain system. When different customers push, deposit or withdraw digital currency, they will also need to pay a certain transaction fee. It may be strange to know why blockchain advocates decentralization, but like traditional financial enterprises, it also needs to deduct service fees?

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The year 2022 is coming to an end. Looking back on the ups and downs of the industry this year has become a historical footnote to the development of the industry, whether it is technological breakthrough, application innovation or ecological rise and fall. After two years of technology iteration and application innovation in 2020 and 2021, the development of the blockchain industry in 2022 also presents a different picture. This article will answer for you.