Arkansas Senate approves seven potential bills to regulate cryptocurrency mines • Arkansas Advocate
The Arkansas Senate cleared the way Thursday for lawmakers to take up several potential amendments to a 2023 law that limited the state’s ability to regulate cryptocurrency mining operations. Act 851 of 2023, or the Arkansas Data Centers Act, was introduced just over a week before the 2023 legislative session ended and passed both chambers […]
Read MoreNYC mayor Eric Adams did not report crypto holdings in disclosure form
New York City Mayor Eric Adams arrives for a press conference on gun violence at the Office of Chief Medical Examiner on June 26, 2023 in New York City. Michael M. Santiago | Getty Images New York City mayor Eric Adams has reportedly pledged to correct his annual financial disclosure form filed with the Conflicts […]
Read MoreMiami’s ‘Bitcoin’ Mayor Suarez Doubles Wealth, Buys Boat as Side Jobs Multiply
- Google-News-Wire
- July 11, 2023
- Bitcoin
- Cities
- citylab
- Cryptocurrency
- debt
- jobs
- Miami
- Private Equity
- Real estate
- regulation
- wealth
Miami Mayor Francis Suarez makes $126,000 working for the city, converting it into crypto. Despite last year’s market rout, the 45-year-old Republican’s net worth more than doubled to $3.5 million. Suarez was able to pay off almost $1.7 million in debt from the end of 2021, according to regulatory filings. He also acquired new real […]
Read MoreTuberville calls for additional crypto regulations after FTX collapse | #republicans | #Alabama | #GOP
- Google-News-Wire
- December 2, 2022
- Bitcoin
- Cryptocurrency
- tommy tuberville
According to U.S. Sen. Tommy Tuberville (R-Auburn), Congress should pass regulations on cryptocurrencies after the recent collapse of the large cryptocurrency exchange FTX sent shockwaves through the industry. The United States Senate Committee on Agriculture, Nutrition and Forestry will hear about the FTX collapse at 11 a.m. Thursday from Rostin Behnam, chairman of the Commodity […]
Read MoreBankman-Fried Gave $1M to Senate Republicans 15 Days Before FTX Collapsed | #republicans | #Alabama | #GOP
- Google-News-Wire
- November 27, 2022
- Bankruptcy
- Bitcoin
- Cryptocurrency
- Ethereum
- INVESTING
- Law
- midterm election
- politics
- technology
The overnight collapse of cryptocurrency exchange FTX has caused untold bewilderment in the crypto space and in the business community, which is still trying to figure out how a company, valued at $32 billion in February, crumbled in a matter of days. U.S. Regulators — the Department of Justice, the U.S. Securities and Exchange Commission […]
Read MoreCryptocurrency magnate, new GOP megadonor, sunk millions into primaries | #republicans | #Alabama | #GOP
Budding Republican megadonor Ryan Salame quietly shelled out $13.4 million of his personal fortune to boost 15 GOP congressional candidates in the just-concluded 2022 primaries. Salame, a 29-year-old cryptocurrency mogul, lives in the Bahamas, which is the headquarters of FTX Digital Markets, the firm he oversees as chief executive officer. But he’s a native of […]
Read MoreArkansas offers remote tech workers $10,000 in bitcoin to live there
The Northwest Arkansas Council, a nonprofit organization, is offering remote tech professionals and entrepreneurs $10,000 in bitcoin to move to the region. Bitcoin, the largest cryptocurrency by market value, is currently trading at around $42,893, according to Coin Metrics. Why bitcoin? “Northwest Arkansas is experiencing explosive growth in the tech sector, specifically within blockchain-enabled technologies, and […]
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