Digital Energy Council (DEC): Advocating for Cryptocurrency Miners’ Interests in Washington, D.C.
A new lobbying group, the Digital Energy Council (DEC), has been created in Washington, D.C., that will work with regulators and lawmakers to advance the interests of cryptocurrency miners. DEC founder and president Thomas Mapes said the organization's main goal is to dis ...
Bitcoin Market Value Declines as Mining Companies Sell Off Assets
Analysts at the CryptoQuant platform report that bitcoin sales by mining companies have led to a decline in the market value of the first cryptocurrency. Over the past 24 hours, miners sold about 1,750 BTC from their wallets at one time for about $47 million, which, accor ...
Marathon Digital Partners with Brink to Support Bitcoin Core Developers
Bitcoin mining company Marathon Digital and Brink announced the start of a donation drive to support Bitcoin Core developers. Marathon will double the donations made by Brink on a two-to-one basis throughout the Bitcoin 2023 conference, which ends May 20. The company w ...
Financial Audits in the Cryptocurrency Industry: Bloomberg’s Findings and Challenges
Only 31 out of 60 leading cryptocurrency companies successfully passed external financial audit or confirmed the existence of reserves, according to the Bloomberg research. The study involved representatives from different areas of the crypto industry: cryptocurrency exchange ...
Montana Passes Bill Defining Digital Assets as Personal Property to Prohibit Cryptocurrency Taxation
The Montana House of Representatives has recently passed a bill that defines digital assets, such as cryptocurrency, stablecoins, and NFTs, as personal property. This means that these assets are subject to the same property rights and protections as other forms of personal property. Moreover, ...
Five mining companies with great potential for foreign investment
Earnings on the extraction of cryptocurrency - a thing quite popular. But if there is no money for a normal farm, then you can use an alternative option - invest in mining companies. They are now often interested in foreign investors. ...
US Senate Committee Approves Bill Limiting Benefits for Crypto Miners in Texas
A committee of the US Senate has recently passed a bill aimed at limiting benefits for cryptocurrency miners in Texas and expanding supervisory authorities' rights. Bill 1752 seeks to remove incentives that aim to attract miners to the region, which the initiators of the bill consider outdated, g ...
Missouri House of Representatives Approves Bill to Protect Digital Asset Mining
The Missouri House of Representatives committee recently gave approval to a bill aimed at safeguarding the mining of digital assets. This move follows similar legislation that was also passed by the Mississippi State Senate. The Missouri Digital Asset Mining Protection Bill aims to prohibit state ...