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According to Lancium Inc., a crypto mining infrastructure firm, the company has signed a deal with the Texas battery-storage provider Broad Reach Power LLC. Broad Reach Power plans to supply battery power to Lancium’s Fort Stockton-based 25-megawatt facility and when the grid is swamped by excessive energy demand, Lancium can continue mining without reducing its … Read more
A new legal advisory notice from the US Office of Government Ethics prohibits any employee who owns cryptocurrency from working on Federal crypto regulation. Go to Source Powered by WPeMatico
Inflation in the U.S. continues to remain red hot as consumer prices last month increased sharply to 8.5% in March compared to the same month last year. Metrics show the Bureau of Labor Statistics’ (BLS) Consumer Price Index (CPI) spiked last month at the fastest pace since December 1981. Inflation Continues to Hammer the US … Read more
The agency’s $365 million proposed FY2023 budget includes significant allocation for CPAs and whistleblowers. Go to Source Powered by WPeMatico
The budget from the Biden administration said modernizing tax rules to include digital assets will bring the government $4.9 billion in revenue in 2023. Go to Source Powered by WPeMatico
Following up on a recent executive order signed by President Joe Biden, the OSTP reached out to the general public to identify the energy and climate implications related to digital assets. Go to Source Powered by WPeMatico
A flurry of research and reporting is the first step toward a coherent crypto policy, while action remains months or years in the future. Go to Source Powered by WPeMatico
The long-anticipated presidential directive drops, EU votes on PoW ban, South Korea gets a pro-crypto president. Go to Source Powered by WPeMatico
Crypto and blockchain-related companies have enjoyed a surge in prices after the market received Joe Biden’s executive order with open arms. Go to Source Powered by WPeMatico
The document does not announce any restrictive measures, but it will undoubtedly lay the groundwork for a more focused federal oversight. Go to Source Powered by WPeMatico