Texas Blockchain Council director announces run for State House
The director of Bitcoin mining analytics at the TBC said he was opposed to the Fed’s exploration of a central bank digital currency and planned to push for “digital freedom.”This post was originally published on this site
What the ‘anti-mining bill’ means for the crypto industry in Texas
The Lone Star State has become one of the hottest points on the U.S. map in terms of crypto regulation. This post was originally published on this site
Binance off the hook from $8M Tinder ‘pig butchering’ lawsuit
The plaintiff, a Texan woman, initially blamed Binance for losing $8 million in a pig butchering scam that began on Tinder.This post was originally published on this site
G7 discusses crypto, supports CBDC: Law Decoded, May 15–22
The European Council has approved updated rules that extend tax reporting requirements to include transfers of crypto assets.This post was originally published on this site
Texas proof-of-reserve bill passes through the Senate
The legislation would oblige exchanges to maintain reserves “in an amount sufficient to fulfill all obligations to customers.”This post was originally published on this site
BTC miner Rhodium faces lawsuit over an alleged $26M in unpaid fees: Report
Crypto mining firm Riot Platforms seeks to terminate “certain hosting agreements” with Rhodium and requests exemption from any owed power credits to the counterparty.This post was originally published on this site
Texas votes to add crypto to state’s Bill of Rights
Texas lawmakers vote to add digital currency to the state’s Bill of Rights, granting individuals the right to use digital currencies like Bitcoin for trading. This post was originally published on this site
Texas House Advances Gold-Backed Digital Currency Bill
Texas has taken its first steps in order to approve a bill that would issue a 100% gold-backed digital currency. If enacted as law, the bill, which is being discussed by a Texas House committee, would create an electronic system for users to transact and pay with this digital currency and would also allow them […]
Mineflation: Cost to mine one Bitcoin in the US rises from $5K to $17K in a year
New Mexico is the cheapest U.S. state to mine Bitcoin in terms of average electricity cost, while Hawaii is the most expensive.This post was originally published on this site
‘Proof of reserves’ bill passes Texas House of Representatives
Digital asset providers would be restricted from comingling customer funds with any other type of operational capital.This post was originally published on this site