In brief FinCEN today announced the appointment of Michele Korver. Korver will be the agency’s first Chief Digital Currency Advisor. She previously worked for the Department of Justice. The United States Treasury’s Financial Crimes Enforcement […]
On Friday, the bitcoin mining operation Greenidge Generation Holdings announced the company is expanding to South Carolina in order to develop the firm’s next bitcoin mining facility. Greenidge details that the carbon-neutral Spartanburg facility will […]
Bitcoin miners have recently flocked into Kazakhstan after China began a major crackdown on crypto mining and trading. Bitcoin mining machines use electricity to create new coins Kazakhstan will tax cryptocurrency mining activities beginning 2022, […]
While the U.S. ramps up discussions of a digital dollar and China’s central bank digital currency (CBDC) draws near, Japan’s CBDC, otherwise known as the digital yen, is getting closer to its realization as well. […]
Auditing firm Ernst & Young (EY) has released a zero-knowledge proof Layer 2 protocol in order to help with addressing rising transaction fees on Ethereum. The zero-knowledge proof (ZKP) protocol has been designed to enable […]
Hedge fund billionaire Alan Howard’s crypto market business Elwood is selling $1 billion in blockchain-based fund assets to CoinShares. According to CoinShares, the deal is a part of CoinShares’s agreement to buy Elwood’s indexing business […]
As crypto continues to gain significant traction, with spending portals appearing worldwide, central banks are searching for alternatives. Increasingly, retail banking clients and institutional investors are expressing interest in the use of crypto payments. This […]
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