On March 22nd, 2022 the Environmental Conservation Committee of the New York State Assembly voted to pass bill A7389C. This would enforce a 2 year period where no Bitcoin or cryptocurrency mining may be conducted in the state by electric generating facilities (power plants).
The provided reasons for the ban
El Salvador has postponed the issuance of the world's first Bitcoin backed bond because the government decided to wait for favorable conditions in the market, as originally clarified by Finance Minister Alejandro Zelaya on Tuesday.
The Central American government had originally scheduled the launch of the $1 billion
Florida Governor Ron DeSantis announced that the state is working on a plan to allow businesses to pay corporate taxes in Bitcoin and cryptocurrencies. Florida and DeSantis have gained a reputation for embracing the adoption of Bitcoin and blockchain technology and have welcomed innovation. DeSantis along with the city of
Florida Governor Ron DeSantis announced that the state is working on a plan to allow businesses to pay corporate taxes in Bitcoin and cryptocurrencies. Florida and DeSantis have gained a reputation for embracing the adoption of Bitcoin and blockchain technology and have welcomed innovation. DeSantis along with the city of
On March 22nd, 2022 the Environmental Conservation Committee of the New York State Assembly voted to pass bill A7389C. This would enforce a 2 year period where no Bitcoin or cryptocurrency mining may be conducted in the state by electric generating facilities (power plants).
The provided reasons for the ban
El Salvador has postponed the issuance of the world's first Bitcoin backed bond because the government decided to wait for favorable conditions in the market, as originally clarified by Finance Minister Alejandro Zelaya on Tuesday.
The Central American government had originally scheduled the launch of the $1 billion
The Japanese Virtual Currency Exchange Association (JVCEA), a self-regulatory body for the Japanese crypto sector, is working to release a “green list” of 18 widely accepted cryptocurrencies and digital assets by the end of the month, according to a local Japanese news agency, Nikkei Asia.
Efforts to Simplify Processes and
The new laws ban crypto as a payment method in Thailand. However, the ban doesn’t apply to crypto used for investing; on the contrary, investing with crypto allows access to relaxed tax rules, including an exemption from a 7% value-added tax.
In a statement, Thailand’s Security and Exchange
The Lightning Network is a layer 2 solution which provides instant peer-to-peer payments for almost no cost on top of the Bitcoin network. When comparing the Bitcoin network to the current banking network, one may think of Bitcoin as SWIFT or Western Union while Lightning is more akin to Visa
Senator Andrew Bragg will be working closely with the Treasurer to implement changes around cryptocurrency and digital assets. Bragg, who chaired the Senate Select Committee on Australia as a Technology and Finance Center, addressed Blockchain Week 2022, quoting the Treasurer in calling these changes “the most significant reforms to [Australia’
On March 17th, the U.S. Senate Banking Committee held a hearing titled “Understanding the Role of Digital Assets in Illicit Finance,” which covered a broad range of topics. Issues such as how Russia could use digital assets to avoid sanctions and whether or not they should be allowed to,
