Recent research by VanEck reveals that Bitcoin mining executives are earning significantly more than their counterparts in the IT and energy sectors, primarily due to lucrative stock compensation packages. However, shareholders are expressing concerns, with only 64% approving executive pay compared to around 90% for S&P 500 companies. The study analyzed compensation across eight US-listed Bitcoin miners, highlighting a disconnect between pay and long-term value creation. Meanwhile, US lawmakers are preparing to discuss crypto tax policies in a hearing scheduled for July 16, as part of a Republican initiative to advance various digital asset bills. This follows recent testimonies from industry leaders at a Senate Banking Committee hearing. Additionally, the European Securities and Markets Authority (ESMA) has scrutinized Malta’s cryptocurrency licensing process, indicating that while the Maltese Financial Services Authority (MFSA) meets some supervisory expectations, it only partially fulfills requirements for authorizing crypto asset service providers. The ESMA has recommended that the MFSA enhance its monitoring and supervisory practices. Read more AI-generated news on: https://app.chaingpt.org/news

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