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The company said it will be seeking reimbursement for the lost revenue from mining crypto, with operations at Niagara Falls “hoped to resume within a few weeks.” Go to Source Powered by WPeMatico
Crypto exchanges Coinbase and BitGo have previously received trust charters from New York’s financial regulator, allowing the firms to offer crypto custody services. Go to Source Powered by WPeMatico
New York State moratorium on PoW mining reinvigorates the conversation around crypto industry’s sustainability. Go to Source Powered by WPeMatico
“We have to continue to be competitive” the mayor said in a keynote interview at a London crypto conference where he suggested scrapping the states’ BitLicensing requirement. Go to Source Powered by WPeMatico
The bill will now be carried with support to the Senate for passing before a final sign-off into law by Governor Hochul. Go to Source Powered by WPeMatico
Senator Kevin Thomas seeks to provide prosecutors with a clear legal framework against crypto crimes that align with the spirit of the blockchain while combatting fraud. Go to Source Powered by WPeMatico
The fees will bring virtual currency companies on par with those paid by banking and insurance institutions as a way for the state to recoup operating expense costs and “best support” the industry. Go to Source Powered by WPeMatico
The judge ruled that the petition lacked merit as he didn’t find proof of the environmental harm. Go to Source Powered by WPeMatico
The City of Austin gears up to become America’s next crypto hot spot by passing two resolutions focused on cryptocurrency and blockchain innovation. Go to Source Powered by WPeMatico
A new lobbying group will seek to educate legislators and create pilot programs to convince them of the utility of Web3. Go to Source Powered by WPeMatico
