The Verkhovna Rada (Supreme Council of Ukraine) passed a virtual assets law on February 17th, 2022 that allows the country’s citizens to trade Bitcoin and other cryptocurrencies. Out of the 450 deputies, 272 voted to pass the law. In a prior bill from October of 2021, President Volodymyr Zelensky
News - Bitcoin - Feb 18, 2022U.S. Senators Jim Risch (R-Idaho) and Bob Menendez (D-N.J.), and Bill Cassidy (R-La.) introduced a bill on February 16th that will require the Secretary of State to gather all Bitcoin related activity from El Salvador’s government and citizens. The description of the bill reads “To require reports
News - Bitcoin - Feb 18, 2022Colorado Governor Jared Polis announced on February 15th, 2022 that Colorado residents will soon be able to pay their taxes in Bitcoin and other cryptocurrencies as early as this summer. Polis and other government officials in Colorado have been at the forefront of making their state more Bitcoin and cryptocurrency
News - Bitcoin - Feb 17, 2022Prior to the spring of 2021, the majority of the hashrate to secure the Bitcoin network was located in China. Miners were consistently adding more ASIC machines to their mining farms in order to earn rewards for providing energy to the network. During the spring of that year, the China
News - Bitcoin - Feb 16, 2022Governor Chris Sununu established a Governor’s Commission where members will be able to help determine Bitcoin and cryptocurrency regulations for the state. Governor Sununu signed Executive Order 2022-1 on February 9th in order to create a Governor’s Commission that will analyze and review all regulations related to Bitcoin,
News - Bitcoin - Feb 15, 2022In January, the first mention of Intel’s application-specific integrated circuit (ASIC) was revealed in an agenda for the International Solid State Circuit Conference. Less than a month later, Senior Vice President General Manager Raja M. Koduri Announced on Intel’s Newsroom page that the company is developing a more
News - Bitcoin - Feb 14, 2022After a job posting for BlackRock’s Aladdin risk and trading platform in June of 2021, plans for the company’s bitcoin and cryptocurrency investment strategy began to reveal itself. A source familiar with the situation confirmed that BlackRock is currently preparing for a bitcoin and cryptocurrency trading integration with
News - Bitcoin - Feb 12, 2022Rep. Jason Powell (D-Nashville) proposed the Tennessee House Bill 2644 on February 2nd, 2022 where a county, municipality, or the state is permitted to invest in cryptocurrency, blockchains, and non-fungible tokens. The progress for allowing the use and recognition of bitcoin and other cryptocurrencies has been gaining more momentum recently
News - Bitcoin - Feb 12, 2022