Texas

Texas Bill Limiting Benefits for Crypto Miners Passes Committee Vote
Texas Bill Limiting Benefits for Crypto Miners Passes Committee Vote
A proposed new law that could restrict key benefits for bitcoin miners in Texas passed a state Senate committee on Tuesday and is now headed to the full chamber. CoinDesk Regu...
Texas Bill Limiting Benefits for Crypto Miners Passes Committee Vote

(eddie sanderson/Getty Images).
Texas Bill Limiting Benefits for Crypto Miners Unanimously Passes Committee Vote
Texas is a major hub for bitcoin miners, many of whom have taken advantage of demand response programs the legislation looks to curb.
(eddie sanderson/Getty Images).

CBDC Outlook as Sen. Ted Cruz Proposes Ban
CBDC Outlook as Sen. Ted Cruz Proposes Ban
Sen. Ted Cruz introduced a bill on Tuesday aimed at blocking the Federal Reserve from creating a consumer-based central bank digital currency, or CBDC. The effort by the Texas...
CBDC Outlook as Sen. Ted Cruz Proposes Ban

Bitcoin Teeters Around $28K as Fed Raises Rates by 0.25%; Sen. Ted Cruz Proposes Ban on a CBDC
Bitcoin Teeters Around $28K as Fed Raises Rates by 0.25%; Sen. Ted Cruz Proposes Ban on a CBDC
Bitcoin (BTC) is teetering around $28,000, following the Federal Reserve raising rates by a quarter percentage point. Separately, Sen. Ted Cruz (R-Texas) introduced a bill aim...
Bitcoin Teeters Around $28K as Fed Raises Rates by 0.25%; Sen. Ted Cruz Proposes Ban on a CBDC

Texas Regulators Say $1B Voyager-Binance Deal Benefits Halved if Alameda Loan Claim Succeeds
Texas Regulators Say $1B Voyager-Binance Deal Benefits Halved if Alameda Loan Claim Succeeds
The benefits to creditors from Binance US' $1.02 billion offer to buy up bankrupt crypto lender Voyager hinge on a $445 million loan claim by Alameda Research, making the deal...
Texas Regulators Say $1B Voyager-Binance Deal Benefits Halved if Alameda Loan Claim Succeeds

A Sabre56 bitcoin mining facility. (Sabre56)
Bitcoin Mining Consulting Firm Sabre56 Raises $35M to Build 150MW of Hosting Sites
The company is moving into the hosting business and says it already has a "waiting list" of clients.
A Sabre56 bitcoin mining facility. (Sabre56)

Asobitcoin President on El Salvador’s Bitcoin Experiment
Asobitcoin President on El Salvador’s Bitcoin Experiment
El Salvador’s bitcoin experiment continues as President Nayib Bukele paid off the country's $800 million maturing bond issue in late January. Will Hernandez, president of the...
Asobitcoin President on El Salvador’s Bitcoin Experiment

El Salvador Considers Opening 'Bitcoin Embassy' in Texas
El Salvador Considers Opening 'Bitcoin Embassy' in Texas
El Salvador is in discussions to open a "bitcoin embassy" in Texas, El Salvador's Ambassador to the U.S., Milena Mayorga, said on Tuesday. "The Hash" panel discusses the lates...
El Salvador Considers Opening 'Bitcoin Embassy' in Texas

Austin, Texas (Shutterstock)
El Salvador Plans to Open 'Bitcoin Embassy' in Texas
The Central American country wishes to open a bitcoin embassy in "new ally" Texas, Mayorga said on Twitter, to aid "expansion of commercial and economic exchange projects."
Austin, Texas (Shutterstock)