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Texas Bitcoin Mining Operations Undergo Intensive Due Diligence
cryptocurrency

Texas Bitcoin Mining Operations Undergo Intensive Due Diligence

CoinShares' research team evaluates major Bitcoin mining facilities in Texas, highlighting innovations and industry growth.

Samsung Secures $6.4 Billion in US Government Grants for Chip Manufacturing Expansion in Texas
cryptocurrency

Samsung Secures $6.4 Billion in US Government Grants for Chip Manufacturing Expansion in Texas

Samsung Electronics has secured $6.4 billion in US government grants to expand its Texas chip manufacturing operations, aiming to boost production for automotive, aerospace, and defense industries, including two production facilities and a research center.

Core Scientific and Celsius Mining Settle Litigation with Texas Data Center Purchase Agreement
cryptocurrency

Core Scientific and Celsius Mining Settle Litigation with Texas Data Center Purchase Agreement

Core Scientific has agreed to sell its Cedarvale Bitcoin mining site in Texas to Celsius Mining LLC for $14 million. The deal will settle ongoing litigation and allow Celsius to expand its Texas data centers. The Cedarvale site, valued at $45 million, will be overseen by US Bitcoin Corp. The transaction is not impacting Core Scientific's mining fleet.

Texas Securities Board Issues Emergency Cease and Desist Order to Abra and CEO, William Barhydt
cryptocurrency

Texas Securities Board Issues Emergency Cease and Desist Order to Abra and CEO, William Barhydt

The Texas State Securities Board has taken decisive action against Abra by issuing an Emergency Cease and Desist Order. The order, also directed at Abra's CEO, William (Bill) Barhydt, alleges securities fraud and misleading statements in connection with Abra's digital asset depository accounts.

Texas Passes Bipartisan House Bill 1666 Regulating Digital Asset Service Providers
cryptocurrency

Texas Passes Bipartisan House Bill 1666 Regulating Digital Asset Service Providers

Aiming to reinforce regulation in the digital asset industry, the Texas legislature has enacted bipartisan House Bill 1666. Set to take effect on September 1, 2023, the legislation imposes rigorous requirements on digital asset service providers in terms of handling customer funds.

Texas lawmakers propose gold-backed state digital currency
cryptocurrency

Texas lawmakers propose gold-backed state digital currency

Two Texas lawmakers have introduced bills proposing a state-based digital currency backed by gold, with each unit of the currency representing a fraction of a troy ounce of gold held in trust. The bills are set to take effect in September 2023, but have yet to be passed or presented for a vote. This move comes despite objections from several U.S. lawmakers who are against the introduction of a central bank digital currency (CBDC).

Texas Objects to Binance.US and Voyager Digital Deal
cryptocurrency

Texas Objects to Binance.US and Voyager Digital Deal

Texas’ State Securities Board and Department of Banking object to Binance.US's proposed $1.022 billion deal to buy Voyager Digital's assets, citing "inadequate" disclosures.

El Salvador is Opening a Bitcoin Embassy in the United States
cryptocurrency

El Salvador is Opening a Bitcoin Embassy in the United States

El Salvador, the first nation to legalize Bitcoin, is opening a Texas Bitcoin Embassy to promote BTC.

Riot Blockchain's Texas Mining Operations Disrupted by Winter Storms
cryptocurrency

Riot Blockchain's Texas Mining Operations Disrupted by Winter Storms

Riot Platforms' 2023 hash rate ambitions were slowed by Texas winter weather.

FTX.US, Founder Sam Bankman-Fried Are Under Probe by Texas Regulators
cryptocurrency

FTX.US, Founder Sam Bankman-Fried Are Under Probe by Texas Regulators

Texas Regulators are investigating FTX.US over its high-yield, interest-bearing accounts.

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