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Tag Archives: Texas

Texas Passes New Proof of Reserves Bill for Crypto Exchanges

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The Texas House of Representatives has passed a bill saying that all crypto exchanges and related platforms must provide proof of reserves. This means that all trading companies must give regular proof that they have enough assets and currency in play to keep themselves afloat and to ensure all customers get...

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Texas Startup My E Listing Lets You Buy Real Estate with BTC or ETH

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Texas startup My E Listing is launching a website that will allow users to purchase real estate in the Lone Star State with digital currency. Right now, properties can only be purchased with either bitcoin or Ethereum, but the company says it plans to extend its digital currency capabilities in the coming...

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Report: Texas Is Suffering from too Much BTC Mining

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Is bitcoin mining running the state of Texas into the ground? Texas Could Wind Up on the Wrong Side Texas declared itself open for bitcoin mining about two years ago. During that time, the nation of China said the practice would be declared illegal, meaning those taking part in crypto mining within its borders...

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Texas Paid Crypto Mining Firm a Lot of Money to Shut Its Machines Off

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up In early 2021, the state of Texas paid a bitcoin mining company called Bit Deer approximately $175,000 per hour. Texas Doled Out Cash for No Work For what purpose, you ask? Well, it wasn’t because the Lone Star State wanted to gain access to mined BTC units. It wasn’t to create jobs, and it wasn’t to help build...

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Governor Ron DeSantis Bans Digital Dollar in Florida, Other States Prepare to Emulate Decision

The decision of Governor DeSantis to ban CBDCs in Florida has drawn criticism from some legal experts. Ron DeSantis, Governor of Florida recently signed a bill prohibiting the use of central bank-issued digital currencies (CBDCs) in the state. And now, his move may have set a precedent for other states to follow. For DeSantis and many more like him, a CBDC defeats the aim of decentralization being that it is controlled by a centralized entity – the government. They also argue that through...

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Texas Is Still a Crypto Mining King

Texas became a serious crypto mining hub about two years ago, and it looks like things are set to stay this way for some time. Despite a wide array of headwinds and problems the industry has been facing, Texas crypto mining has remained quite steady, and the Lone Star State is still being sought out by new companies and facilities. Texas Is Still the High-Ranking Crypto Mining Official Texas became a serious region for crypto mining beginning in the summer of 2021. The...

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El Salvador and Texas Are Creating a Bitcoin Embassy

The bitcoin-loving nation of El Salvador has announced a new partnership with the state of Texas. Together, the two regions are planning to open what they’re calling a “bitcoin embassy” as a means of promoting use and increasing adoption. El Salvador Forms BTC Partnership with Texas El Salvador shocked the world in late 2021 when it announced plans to make BTC legal tender. It was the first country to do so. This meant people could go into any shop or business and...

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Texas: Eröffnung von Bitcoin Embassy

The skyline and Lady Bird Lake in Austin, Texas Foto CC 4.0 by Michael Barera Zur Förderung wirtschaftlicher Austauschprojekten, plant El Salvador die Eröffnung einer Bitcoin-Botschaft im US-Bundesstaat Texas. Dies teilte Milena Mayorga, die US-Botschafterin des Landes, via Twitter mit. Konkret ließ sie verlauten, dass es zu einem Treffen mit Joe Exparza, dem stellvertretenden Sekretär der texanischen Regierung gekommen sei. In den Gesprächen sei...

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Upbring Uses Crypto to Aid Underserved Children in Texas

Upbring – a nonprofit organization based in Austin, Texas – has stated it’s going to be using crypto and blockchain technology to help more than 11,000 kids in the Lone Star State. Upbring Is Looking to Help Texas Kids Upbring provides three main services: education, resettlement, and foster care. The group seeks to provide aid and assistance for underprivileged children in the region and prevent them from being exposed to danger and unhealthy scenarios. In other words, it wants to make...

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