Key Takeaways The bill, which was managed to pass by the State Assembly last month, would put a two-year moratorium on any new carbon-based fuel-powered PoW mining projects in the Empire State. Although existing mining companies or those in the…
Key Takeaways Stablecoins are now considered legal digital currency in Japan. Nonetheless, they must be backed by the Japanese yen or another authorized tender that allows holders to use them at face value. Stablecoins can only be issued by licensed…
Key Takeaways: Billy Markus, the co-founder of meme cryptocurrency Dogecoin (DOGE), has expanded his scrutiny of many digital currency initiatives, the latest of which is Binance Smart Chain (BSC). Shibetoshi also noticed that accounts promoting BSC Gem are either scam…
Key Takeaways Bitzero’s North American Operations will be headquartered in North Dakota. Bitzero is a bitcoin mining company that is completely green. The company plans to build 200 megawatts of data centres in the state within the next two to…
Key Takeaways: Robert Whaley, the founder of the VIX, is supporting Grayscale’s effort to convert the world’s largest Bitcoin fund into an ETF. Futures-based ETFs must account for the cost of periodically rolling forward contracts as they mature, making a…
Key Takeaways On Tuesday, President Joe Biden met with Federal Reserve Chairman Jerome Powell to discuss the administration’s strategy for combating high inflation, which Biden identified as his top domestic concern. Biden focused on the politically sensitive issue of high…
Key Takeaways Brazil launched its own blockchain network on Thursday after the Uniam Court of Accounts (TCU) and the Brazilian Development Bank (BNDES) committed to collaborate. The Brazilian Blockchain Network (RBB) is still in progress, but it will be used…
Key Takeaways The Russian government is open to the idea of enabling cryptocurrencies to be used for foreign payments. By moving forward with this plan, the country may be able to lessen the impact of Western sanctions against Moscow. Banks…
Key Takeaways Elon Musk is being called a “grifter” by the Australian co-inventor of Dogecoin, who is trying to trick people about his expertise of crypto investing. Mr. Palmer stated in an interview about his new podcast Griftonomics that his…
Key Takeaways The world of cryptocurrency and fiat, according to MoneyGram CEO Alex Holmes, are now incompatible. MoneyGram is striving to bridge this gap by providing interoperability between the worlds of cryptocurrencies and fiat currency. With the new MoneyGram service,…
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