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Adan Kohnhorst

Adan Kohnhorst is a globally-based writer and producer with a focus on alternative culture and emerging ideas.

Number of Articles 26
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Adan Kohnhorst's Work 26 Articles
News   -   Feb 14, 2023 Circle Reports Paxos to NYDFS Claiming Binance’s Stablecoin Reserves Are Not Fully Backed
Circle Reports Paxos to NYDFS Claiming Binance’s Stablecoin Reserves Are Not Fully Backed

The top financial regulator in New York is currently investigating stablecoin issuer Paxos while competitor Circle was the one to raise the alarm. In autumn of 2022, Circle alerted the New York Department of Financial Services, or NYDFS, that Binance's reserves were insufficient to support its tokens, potentially

by Adan Kohnhorst
News   -   Feb 04, 2023 Australia Unveils New Plan To Regulate Bitcoin and Crypto
Australia Unveils New Plan To Regulate Bitcoin and Crypto

Just days after the UK announced the next stages of its plan to regulate Bitcoin and cryptocurrencies, Australia seems to have followed suit. In a new announcement, Australia’s government has unveiled the first step of what is being called a “multi-stage plan” to regulate Bitcoin and crypto. “The multi‑

by Adan Kohnhorst
News   -   Feb 01, 2023 UK Releases Details on Bitcoin and Cryptocurrency Regulation
UK Releases Details on Bitcoin and Cryptocurrency Regulation

The United Kingdom has announced its plans to regulate Bitcoin and other cryptocurrencies within the country. “We remain steadfast in our commitment to grow the economy and enable technological change and innovation – and this includes cryptoasset technology," said Economic Secretary to the Treasury, Andrew Griffith. “But we must also

by Adan Kohnhorst
News   -   Aug 25, 2022 Sullivan Bank in Missouri Now Offers Bitcoin Services
Sullivan Bank in Missouri Now Offers Bitcoin Services

Sullivan Bank, a Missouri-based bank that was established in 1895, is stepping into the digital age. In a partnership with digital asset service provider Bakkt Holdings Inc., the bank will allow customers to buy, sell, and hold Bitcoin. Customers will be able to engage with Bitcoin and other cryptocurrencies within

by Adan Kohnhorst
News   -   Aug 19, 2022 Australian Retailers Now Let Customers Pay for Gas, Snacks, and More With Bitcoin
Australian Retailers Now Let Customers Pay for Gas, Snacks, and More With Bitcoin

OTR, an acronym for “On the Run,” is South Australia’s leading convenience retailer. And in the spirit of convenience, the chain just announced a partnership to bring Bitcoin and cryptocurrency integration to hundreds of locations. The partnership is a major step for Australia in bringing Bitcoin and cryptocurrency connectivity

by Adan Kohnhorst
News   -   Jun 30, 2022 21Shares Announces a Low Fee Bitcoin ETP
21Shares Announces a Low Fee Bitcoin ETP

21Shares is the world's largest issuer of cryptocurrency exchange traded products (ETPs), and its newest offering, the Crypto Winter Suite, is a robust toolkit for navigating the bear market. The Crypto Winter Suite is actually a line of products, all of which aim to help investors “buy the

by Adan Kohnhorst
News   -   Jun 24, 2022 U.S. Senators Ask White House to Ban Carbon-based Proof-of-Work Mining
U.S. Senators Ask White House to Ban Carbon-based Proof-of-Work Mining

Five US Senators have penned a letter to the White House Office of Science and Technology Policy (OSTP), asking for greater restrictions on Bitcoin and cryptocurrency mining. The letter, addressed to the White House OSTP, was signed by Sheldon Whitehouse, Elizabeth Warren, Tina Smith, Jeff Merkley, and Ed Markey. Within

by Adan Kohnhorst
News   -   Jun 22, 2022 Swiss Watchmaker Hublot Now Accepts Bitcoin
Swiss Watchmaker Hublot Now Accepts Bitcoin

Hublot is the newest luxury brand to embrace the Bitcoin ecosystem. The Swiss watchmaker has partnered with BitPay in order to accept Bitcoin and other cryptocurrency payments. The new development comes as part of the promotional campaign for Hublot's limited edition Big Bang Unico release. “Introducing the new

by Adan Kohnhorst
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