BitMine to Hold Shareholder Vote on Share Issuance

ChainCatcher reports that the crypto market is about to witness two major key events: First, the U.S. Senate Banking Committee will vote on the CLARITY Act. This bill aims to combat wash trading, deceptive trading, and fake trading volumes, and will mandate proof of reserves, which is expected to finally address the long-standing regulatory issues in the cryptocurrency sector. In addition, it will be BitMine Shareholders' Day, during which shareholders will vote on a stock issuance proposal. If the vote passes, BitMine will obtain more funds to purchase ETH, thereby boosting expectations for the ETH price.