GAO released a study on the benefits of blockchain technology to provide Congress with an overview of what, how, where, and why blockchains are needed within today’s economy. The report discusses the non-financial, financial, and policy options that enhance solutions as well as mitigate certain challenges that blockchain technology

After some turbulent back-and-forth, the EU is moving forward with its Markets in Crypto Assets (MiCA) bill. The landmark legislation will go ahead without the inclusion of a controversial provision that would have restricted proof-of-work cryptocurrencies. Proof-of-work (PoW) is a decentralized consensus mechanism used by cryptocurrencies like Bitcoin and Ethereum,

This last week, El Salvador has hosted a handful of well-known, influential Bitcoiners. Their presence was made publicly known through a series of tweets including pictures and videos regarding El Salvador's bonds, volcano Bitcoin mining site, and more. CZ from Binance even met with President Bukele over the

On Wednesday, the bill titled “El Salvador Cryptocurrency Accountability Act,” was passed through committee and will soon move on to the U.S. Senate for a vote. Also referred to as “ACES,” the bill was originally introduced back in February, and it attempts to address potential risks associated with El

Each day, cryptocurrencies encroach a little further into terrain traditionally ruled by fiat. Residents of Portsmouth, New Hampshire are seeing this in no uncertain terms, now that the city has started accepting bill payments in Bitcoin and other cryptocurrencies. It was the city’s Mayor Deaglan McEachern who proposed the

Head of the State Duma Committee on Energy Pavel Zavalny said in a press conference on March 24th, 2022 that the country is open to accepting Bitcoin in exchange for oil and gas. He goes on to explain that because of sanctions imposed by the E.U. and U.S.

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