News

From Texas to the wild reaches of Inner Mongolia, there are dozens of territories around the globe where Bitcoin mining is especially prevalent. Yet, there remains little understanding about why these destinations are so popular for miners, and why they’re such important contributors to network resilience. 

The Federal Reserve is approaching a watershed decision on CBDCs and digital assets. Will it press on with a digital dollar to compete with China’s digital yuan? Or will it double down on the existing economic system and try to maintain the status quo? 

A decentralised autonomous organisation could be in the running to buy an NFL team.

US President Joe Biden is expected to issue an executive order on cryptocurrency this week

Several US senators have introduced the Accountability for Cryptocurrency in El Salvador Act, also known as the ACES Act, as “a plan to mitigate potential risks to the U.S. financial system” 

Colorado to accept crypto for tax payments, China’s digital currency wins big during the Winter Olympics, and the United Arab Emirates prepares itself for crypto. Here are our top picks of the headlines.

Manchester City FC, in partnership with Sony, have stated their intentions to launch virtual football stadiums to allow fans from all over the world to attend matches remotely.

The United Arab Emirates is set to issue federal licenses for virtual asset service providers.

China’s digital currency, the e-CNY, is making over $300k or more of payments a day at the Beijing Winter Olympics, spokesman claims.

In an interview with CNBC earlier this week, Jared Polis, Governor of Colorado, said the state aims to accept crypto for all state tax-related purposes by mid-2022

With the question of CBDCs trending among financial institutions, we ask: is there enough room in the system for both cryptocurrencies and CBDCs?

Despite relatively quiet markets, Bitcoin’s hashrate reaches an all-time high