Canadian firm KPMG LLP announced the addition of bitcoin and ethereum to its corporate treasury. This represents the first time KPMG has purchased cryptocurrency and added it to its asset portfolio.
Benjie Thomas, one of the Canadian Managing Partners at KPMG stated,
"Investors such as hedge funds and family
U.S. states Georgia and Illinois recently proposed bills that would provide tax incentives for Bitcoin miners. On Thursday, state lawmakers in Georgia introduced a bill that would provide tax exemptions for the sale or use of electricity in mining activities. In late January, the Illinois state senate introduced a
Elon Musk’s electric vehicle company Tesla finished 2021 with $1.99 billion worth of bitcoin, according to their recent annual filing with the U.S. Securities and Exchange Commision (SEC). In a filing early last year, the company announced that they had purchased $1.5 billion worth of bitcoin
Elon Musk’s electric vehicle company Tesla finished 2021 with $1.99 billion worth of bitcoin, according to their recent annual filing with the U.S. Securities and Exchange Commision (SEC). In a filing early last year, the company announced that they had purchased $1.5 billion worth of bitcoin
Canadian firm KPMG LLP announced the addition of bitcoin and ethereum to its corporate treasury. This represents the first time KPMG has purchased cryptocurrency and added it to its asset portfolio.
Benjie Thomas, one of the Canadian Managing Partners at KPMG stated,
"Investors such as hedge funds and family
U.S. states Georgia and Illinois recently proposed bills that would provide tax incentives for Bitcoin miners. On Thursday, state lawmakers in Georgia introduced a bill that would provide tax exemptions for the sale or use of electricity in mining activities. In late January, the Illinois state senate introduced a
Deputy Prime Minister Chrystia Freeland said in an announcement that names of both individuals and entities have been shared by the RCMP with financial institutions and accounts have been frozen and as well as investigation of crypto wallets.
Both journalists and politicians are assisting in identifying anyone who has donated
Fidelity International has recently announced the launch of a Bitcoin exchange traded product (ETP) to be listed on the SIX Swiss Exchange and Germany’s Xetra digital stock exchange.
ETPs are similar to stocks but carry a much smaller financial price point than other options such as mutual funds. The
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
Hive Blockchain Technologies LTD
* 1.87 EH/s Bitcoin mining capacity
* 264 BTC mined
* 2,043 total BTC on hand as of 1/31
Hive Blockchain Technologies LTD released their January production numbers showing an increase in Bitcoins mined despite the growing network difficulty. The company mined a total of
Governor 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,
