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Texas legislature passes new bitcoin mining laws

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The 88th session of the Texas Legislature has passed a series of bills set to influence the state’s bitcoin mining industry. In the recent 88th legislative session, Texas lawmakers have made strides in legislation impacting local bitcoin miners. Several bills have […]
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BitDAO passes key proposal, to merge with Ethereum layer-2 protocol, Mantle

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A proposal to combine the world’s largest decentralized autonomous organization, BitDAO, with the Ethereum-based layer-2 scaling protocol, Mantle, has been approved. The approval on May 19 sets the stage for BitDAO’s existing products, ecosystem, and native token, BIT, to change its […]
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Montana passes ‘right to mine’ proposal

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied S.B. 178, a pro-cryptocurrency mining measure, has been signed into law by Montana Governor Greg Gianforte. The action effectively preempts municipalities in Montana from banning bitcoin mining.  Satoshi Action Fund, a cryptocurrency advocacy organization, has backed pro-mining laws in a few […]
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Utah State Legislature passes the Utah DAO Act 

The Utah State Legislature, recently passed the Utah Decentralized Autonomous Organizations (DAO) act, otherwise known as under Act HB 357, Reported at the beginning of March by the National Law Review, the Act resulted from combined efforts between the Digital Innovation Taskforce and the Utah Blockchain Legislature.  Utah DAO act  The Utah DAO act was […]
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Nigeria passes amendment bill to regulate crypto

The Central Bank of Nigeria (CBN) banned the use of crypto assets with the rise of the #ENDSARS movement in the country. Babangida Ibrahim, chairman of the House of Representatives Committee on Capital Markets and Institutions, finally, stated that the government “will soon” decide on legalizing cryptocurrencies. According to the Nigerian magazine Punch, the country’s […]
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