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The “Digital Asset Anti-Money Laundering Act of 2022” was just introduced by Senators Elizabeth Warren (D-Mass) and Roger Marshall (R-Kan) and would significantly affect the privacy of Bitcoin and cryptocurrency users. https://twitter.com/SenWarren/status/1603033907968049154 If passed, the measure will mandate the implementation of know-your-customer (KYC) systems for
The Tokyo Electric Power Company (TEPCO) Power Grid is collaborating with a local semiconductor designer and developer, TRIPLE-1, in order to mine Bitcoin using excess energy around the country. The Fukushima nuclear plant, which was operated by TEPCO, was damaged in 2011 by an enormous tsunami and earthquake that destroyed
The Bank for International Settlements’ (BIS) Basel Committee on Banking Supervision recently released a proposed policy that would set a 2% limit on the amount of banks’ Tier 1 capital held in Bitcoin and cryptocurrencies. The policy has the support of the Basel Committee’s supervisory body, the Group of
News • Bitcoin • Dec 16, 2022
The Bank for International Settlements’ (BIS) Basel Committee on Banking Supervision recently released a proposed policy that would set a 2% limit on the amount of banks’ Tier 1 capital held in Bitcoin and cryptocurrencies. The policy has the support of the Basel Committee’s supervisory body, the Group of
News • Bitcoin • Dec 16, 2022
The “Digital Asset Anti-Money Laundering Act of 2022” was just introduced by Senators Elizabeth Warren (D-Mass) and Roger Marshall (R-Kan) and would significantly affect the privacy of Bitcoin and cryptocurrency users. https://twitter.com/SenWarren/status/1603033907968049154 If passed, the measure will mandate the implementation of know-your-customer (KYC) systems for
News • Bitcoin • Dec 14, 2022
The Tokyo Electric Power Company (TEPCO) Power Grid is collaborating with a local semiconductor designer and developer, TRIPLE-1, in order to mine Bitcoin using excess energy around the country. The Fukushima nuclear plant, which was operated by TEPCO, was damaged in 2011 by an enormous tsunami and earthquake that destroyed
News • Bitcoin • Dec 14, 2022
An oversubscribed investment round headed by ego death capital and Entrée Capital helped Breez, a Lightning Network solution service provider, raise $4.5 million. Hivemind Ventures, Fulgur Ventures, Hawk Digital Innovation, and Bitcoiner Ventures are a few additional industry funds involved with raising capital for this round. Breez CEO Roy
News • Bitcoin • Dec 13, 2022
According to sources, Sam Bankman-Fried’s cryptocurrency trading firm, Alameda Research, has been secretly funding The Block for more than a year. The media outlet claims to cover cryptocurrency news independently. According to those knowledgeable of the situation, one $16 million payment was made by Alameda to be used in
News • Business • Dec 09, 2022
A little over one year after the President of El Salvador, Nayib Bukele, made the historic move to adopt Bitcoin as legal tender, thousands flocked to the country for the second annual Adopting Bitcoin conference. With over 1,000 conference attendees, Adopting Bitcoin was an opportunity for many westerners who
News • Bitcoin • Dec 08, 2022
Gridless is a Bitcoin mining company that focuses on rural areas in East Africa and has recently raised $2 million in a seed round led by Stillmark and Block, Inc. Factor[e] also recently led an angel round for Gridless. The funds will be used for supporting the expansion of
News • Bitcoin • Dec 06, 2022