The state of Texas is looking to be one of the first in the American union to regulate cryptocurrency. Texas Looks to Create New Crypto Regulation Not long ago, House Bill 1666 made its way onto the desk of Greg Abbott, the state’s governor. The bill is a nod to the FTX debacle of last year and will seek to ensure proper and safe trading environments for all residents of Texas that hold or trade digital currencies. The goal is to make sure everybody’s money steers...
Read More »The Crypto Mining Scene in Texas Keeps Growing
Texas is quickly becoming one of the biggest crypto mining hubs in the world to the point that current governor Greg Abbott is making bringing more crypto jobs and companies to the Lone Star State part of his reelection campaign. Texas and Crypto Mining… A Great Match? The migration of crypto miners to Texas began in the summer of last year. China – which at one point housed more than 65 percent of the world’s digital mining projects – decided the practice should be...
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