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The post Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with a recent controversy surrounding a bold OpenVPP partnership claim. This week, OpenVPP (OVPP) announced what it presented as a significant collaboration with the U.S. government in the innovative field of energy tokenization. However, this claim quickly drew the sharp eye of on-chain analyst ZachXBT, who highlighted a swift and official rebuttal that has sent ripples through the digital asset community. What Sparked the OpenVPP Partnership Claim Controversy? The core of the issue revolves around OpenVPP’s assertion of a U.S. government partnership. This kind of collaboration would typically be a monumental endorsement for any private cryptocurrency project, especially given the current regulatory climate. Such a partnership could signify a new era of mainstream adoption and legitimacy for energy tokenization initiatives. OpenVPP initially claimed cooperation with the U.S. government. This alleged partnership was said to be in the domain of energy tokenization. The announcement generated considerable interest and discussion online. ZachXBT, known for his diligent on-chain investigations, was quick to flag the development. He brought attention to the fact that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce had directly addressed the OpenVPP partnership claim. Her response, delivered within hours, was unequivocal and starkly contradicted OpenVPP’s narrative. How Did Regulatory Authorities Respond to the OpenVPP Partnership Claim? Commissioner Hester Peirce’s statement was a crucial turning point in this unfolding story. She clearly stated that the SEC, as an agency, does not engage in partnerships with private cryptocurrency projects. This response effectively dismantled the credibility of OpenVPP’s initial announcement regarding their supposed government collaboration. Peirce’s swift clarification underscores a fundamental principle of regulatory bodies: maintaining impartiality and avoiding endorsements of private entities. Her statement serves as a vital reminder to the crypto community about the official stance of government agencies concerning private ventures. Moreover, ZachXBT’s analysis…

The post Ethereum Sets December Date for Fusaka Upgrade appeared on BitcoinEthereumNews.com. Ethereum is poised to further its continuous development with the introduction of the Fusaka upgrade, earmarked for early December. The timeline was disclosed during a recent All Core Developers Consensus call, revealing plans to elevate the blockchain’s capacity and efficiency. Continue Reading:Ethereum Sets December Date for Fusaka Upgrade Source: https://en.bitcoinhaber.net/ethereum-sets-december-date-for-fusaka-upgrade

New York Senator proposes excise tax on crypto mining energy use, aiming to curb emissions, support households, and reshape the mining industry. New York has reignited debate on crypto mining after State Senator Liz Krueger introduced a bill to impose excise taxes on energy used by mining companies. The proposal, announced Wednesday, reflects increasing state-level […] The post New York Senator Proposes Excise Tax on Crypto Mining Energy Use appeared first on Live Bitcoin News.