On February 15th, Tom Emmer received a response from SEC Chair Gary Gensler, hinting that proposals for Bitcoin spot ETFs have thus far come up short of meeting standards set in the Exchange Act.
Gensler notes that the regulatory body must be capable of preventing “fraudulent and manipulative acts and
In 2016, a law was passed by the Portuguese tax authorities which ruled that cryptocurrencies are not to be considered as currencies as they aren’t legal tender in Portugal. Therefore, the virtual assets cannot be subject to capital gains taxes.
Since the law has been ruled, many Bitcoiners have
On February 8th, 2022 - Compute North announced a $385MM raise to help fund the development of new U.S based data centers with a focus on sustainability and efficiency.
The round was co-led by Mercuria and Generate Capital with additional investors including National Grid Partners.
Compute North aims to
On January 25th, 2022, Five Star Bank, a subsidiary of Financial Institutions, Inc, announced a partnership with NYDIG. Five Star Bank is a $5 billion community bank with 560 employees and operates a network of more than 45 locations in the US.
This partnership will enable the Bank's
According to participants, partnerships between NYDIG and 300 US banks have been finalized, with regulatory and security concerns that lingered now resolved.
Local banks believe that offering Bitcoin trading will keep them afloat as customers have expressed demand for it. Harold Reynolds, CEO of the $1.3 billion-asset BankSouth in
EU regulators have recently raised the question of whether or not bitcoin mining should be banned in Europe. Bitcoin’s proof of work protocol was one of the primary drivers behind the discussion as some believe it may pose a threat to the continent’s goals of supporting climate change.
This innovative launch will allow customers to use their bitcoin to fund their US real estate purchases via a low-interest, 30-year bitcoin mortgage.. Milo joins bitcoin savings and loans company Ledn in being amongst the first companies to offer bitcoin backed mortgages.
The company made the announcement via a press
The Bitcoin mining hardware business appears to have a brand new competitor. Intel is scheduled to present their new "ultra-low-voltage energy-efficient Bitcoin mining ASIC", called the “Bonanza Mine” chip, at the ISSCC conference. According to the ISSCC, those who are interested can attend the virtual conference and learn
