Canaan Inc. announced Wednesday that subsidiaries have signed agreements to expand self-mining operations at facilities in Pennsylvania and Texas, adding approximately 4.7 …
Advances
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Markets
U.S. Senate Banking Committee Advances Stablecoin Bill with Bipartisan Support; Full Senate Vote Next
by shayaanby shayaanUnder President Trump’s encouragement for the crypto sector, the U.S. Senate Banking Committee has successfully pushed forward a bill regulating stablecoins. This …
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The Arizona Senate took a significant step toward modernizing state finance by advancing two crypto reserve bills that could lead to state-managed …
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Adoption
US financial giants Bank of America look to enter stablecoin market as PayPal advances PYUSD
by shayaanby shayaanTraditional financial giants Bank of America and PayPal are making bold moves in the stablecoin sector, signaling the rising institutional interest in …
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Oklahoma’s effort to establish a state Bitcoin reserve took a step forward on Feb. 25 after the House Government Oversight Committee approved …
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The U.S. House of Representatives has taken the first significant move to erase the work of the Internal Revenue Service to impose …
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Adoption
Nigeria reportedly advances crypto tax plan while grappling with Binance dispute
by shayaanby shayaanNigeria’s Securities and Exchange Commission (SEC) is working on a plan to tax crypto transactions as part of a broader effort to …
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Finance
Cambodia advances blockchain framework; Guangzhou boosts CBDC adoption
by shayaanby shayaanCambodia may not grab the headlines as a blockchain hub, but the Southeast Asian nation has been quietly growing its blockchain-based payments …
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Adoption
Brazil advances CBDC technology with new cross-chain pilot using Chainlink’s CCIP
by shayaanby shayaanThe Central Bank of Brazil (BCB) is advancing its central bank digital currency (CBDC) framework initiative by collaborating with Banco Inter, Microsoft …