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The North Carolina House of Representatives has approved House Bill 721 to research the benefits and acquisition of Bitcoin and virtual currencies. The bill, now referred to the Senate, aims to investigate state-level virtual currency management. The proposed law acknowledges the increasing significance of Bitcoin and virtual currencies, as stated
Bitcoin policy proponents rejoiced over numerous triumphs during the latest quarter, which encompassed the passage of Texas SB 1929—a bill supportive of mining—and the rejection of Texas SB 1751, an adverse mining bill. These legislative results will play a crucial role in fostering the expansion and stability of
On Thursday morning, the Federal Reserve announced the official launch of its real-time payment system, FedNow® Service. This service is designed to enable banks and credit unions of all sizes to conduct instant fund transfers for their customers, with round-the-clock availability, throughout the year. In its initial phase, the service
News • Politics • Jul 20, 2023On Thursday morning, the Federal Reserve announced the official launch of its real-time payment system, FedNow® Service. This service is designed to enable banks and credit unions of all sizes to conduct instant fund transfers for their customers, with round-the-clock availability, throughout the year. In its initial phase, the service
News • Politics • Jul 20, 2023The North Carolina House of Representatives has approved House Bill 721 to research the benefits and acquisition of Bitcoin and virtual currencies. The bill, now referred to the Senate, aims to investigate state-level virtual currency management. The proposed law acknowledges the increasing significance of Bitcoin and virtual currencies, as stated
News • Bitcoin • Jun 28, 2023Bitcoin policy proponents rejoiced over numerous triumphs during the latest quarter, which encompassed the passage of Texas SB 1929—a bill supportive of mining—and the rejection of Texas SB 1751, an adverse mining bill. These legislative results will play a crucial role in fostering the expansion and stability of
News • Bitcoin • May 31, 2023Tether, the company behind tether.to, is allocating significant resources towards energy production and the establishment of sustainable Bitcoin mining operations in Uruguay, working hand in hand with a licensed local company. Tether has broadened its scope beyond finance and communications by venturing into the energy sector. The company aims
News • Bitcoin • May 30, 2023Governor Ridwan Kamil of West Java Province in Indonesia and Samson Mow, the CEO of JAN3 and a prominent global advocate for Bitcoin, shared insights during a fireside chat titled "The Indonesia Bitcoin Mining Campaign." They revealed that the Indonesian government is actively exploring the potential benefits of
News • Bitcoin • May 20, 2023The Human Rights Foundation (HRF) has awarded $455,000 in grants to twelve projects worldwide through its Bitcoin Development Fund. These grants specifically target enhancements in Bitcoin scaling, privacy, decentralization, global education, censorship-resistant communication, and community-building endeavors. Africa and Asia are among the areas of focus for funding Bitcoin development.
News • Bitcoin • May 12, 2023As per the statement of Prime Minister Daniel Risch to German newspaper Handelsblatt, Liechtenstein's government intends to allow Bitcoin to be used as payment for state services. Under the proposal outlined by Risch, Bitcoin or cryptocurrency received by the government would be immediately converted to Swiss francs to
News • Bitcoin • May 09, 2023In the Fiscal Year 2024 budget proposal, the President has included the Digital Asset Mining Energy (DAME) excise tax, which would require mining companies to pay a 30% tax on the electricity used for mining Bitcoin or other digital assets. The White House aims to tackle claimed economic and environmental
News • Bitcoin • May 03, 2023