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Congress Members Write Benefits of Bitcoin Letter to the EPA
Congress Members Write Benefits of Bitcoin Letter to the EPA
News  •  Bitcoin  •  Jun 17, 2022 by Philipe F

A group of U.S. Congress members sent a letter to the country’s Environmental Protection Agency (EPA) explaining that Bitcoin’s Proof-of-Work (PoW) mining mechanism benefits the environment despite opposing beliefs. Concerns over the environmental effects caused by PoW mining have been a main priority for critics of the

Political Fundraising Platform Will Accept Bitcoin Donations
Political Fundraising Platform Will Accept Bitcoin Donations
News  •  Bitcoin  •  Jun 16, 2022 by Adan Kohnhorst

A new startup called Engage Raise will provide politicians the option to receive Bitcoin and cryptocurrencies for political campaign donations. The company is owned and operated by Engage Labs and will be launching the service in July across the U.S. Campaign donations are a tool for citizens and corporations

Louisiana Bill Allows Institutions to Custody Bitcoin on Behalf of Customers
Louisiana Bill Allows Institutions to Custody Bitcoin on Behalf of Customers

The governor of Louisiana recently signed a bill allowing financial institutions in Louisiana to have custody of Bitcoin and digital assets on behalf of their customers. Dennis Porter tweeted the finalized bill on June 21st, 2022. Louisiana's new law now allows banks and financial institutions within the state

News  •  Bitcoin  •  Jun 22, 2022
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Louisiana Bill Allows Institutions to Custody Bitcoin on Behalf of Customers
Louisiana Bill Allows Institutions to Custody Bitcoin on Behalf of Customers

The governor of Louisiana recently signed a bill allowing financial institutions in Louisiana to have custody of Bitcoin and digital assets on behalf of their customers. Dennis Porter tweeted the finalized bill on June 21st, 2022. Louisiana's new law now allows banks and financial institutions within the state

News  •  Bitcoin  •  Jun 22, 2022
Congress Members Write Benefits of Bitcoin Letter to the EPA
Congress Members Write Benefits of Bitcoin Letter to the EPA

A group of U.S. Congress members sent a letter to the country’s Environmental Protection Agency (EPA) explaining that Bitcoin’s Proof-of-Work (PoW) mining mechanism benefits the environment despite opposing beliefs. Concerns over the environmental effects caused by PoW mining have been a main priority for critics of the

News  •  Bitcoin  •  Jun 17, 2022
Political Fundraising Platform Will Accept Bitcoin Donations
Political Fundraising Platform Will Accept Bitcoin Donations

A new startup called Engage Raise will provide politicians the option to receive Bitcoin and cryptocurrencies for political campaign donations. The company is owned and operated by Engage Labs and will be launching the service in July across the U.S. Campaign donations are a tool for citizens and corporations

News  •  Bitcoin  •  Jun 16, 2022
The Central African Republic’s Path To Bitcoin Adoption
The Central African Republic’s Path To Bitcoin Adoption

The report from the Bitcoin Delegation in the Central African Republic (CAR) highlighted the country’s current access to electricity, internet, and digital money as key features for successful Bitcoin adoption.  Limitations The report states that the lack of energy in many of the country’s villages must be addressed

News  •  Bitcoin  •  Jun 14, 2022
Stacy Herbert and Max Keiser Help Distribute Funds in El Salvador Raised by Bitfinex and Tether
Stacy Herbert and Max Keiser Help Distribute Funds in El Salvador Raised by Bitfinex and Tether

In April of this year, Bitcoin and cryptocurrency exchange Bitfinex and the company of Tether raised 36 Bitcoin (roughly $1.5 million) to support families who were affected by gang violence occurring in El Salvador.  A tweet from Christian Guevara on June 9th, 2022 showed Max Keiser, Stacy Herbert, and

News  •  Bitcoin  •  Jun 10, 2022
Bitcoin Bank Sues the Federal Reserve
Bitcoin Bank Sues the Federal Reserve

Leading Bitcoin bank, Custodia, has sued the Federal Reserve Board of Governors and the Federal Reserve Bank of Kansas City, in order to force a decision on Custodia's application for a master account. Custodia charges that their application has been “unlawfully” detained for 19 months; in contrast, the

News  •  Bitcoin  •  Jun 08, 2022
Everything You Need To Know About the New Bipartisan Bitcoin Bill
Everything You Need To Know About the New Bipartisan Bitcoin Bill

The bipartisan Bitcoin and digital assets bill has finally been introduced by U.S. Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY). The bill is called the Responsible Financial Innovation Act, also known as Lummis-Gillibrand. The bill is intended to encourage “responsible innovation" by integrating digital assets into existing

News  •  Bitcoin  •  Jun 07, 2022
Middle Eastern Country Invests in Bitcoin Mining
Middle Eastern Country Invests in Bitcoin Mining

Oman’s sovereign wealth fund took an equity stake in Crusoe Energy Inc. who helps fossil-fuel producers use stranded natural gas to power Bitcoin mining. Rather than burn excess natural gas from oil extraction, the gas is converted into electricity through power generators and then used by Bitcoin mining machines.

News  •  Bitcoin  •  Jun 04, 2022
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