Cryptocurrency

Arkansas

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 […]

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Arkansas

Arkansas senator seeks answers from governor’s office as outcry over unwanted crypto mines grows

LITTLE ROCK (KATV) — Small towns across Arkansas are becoming the unwilling hosts of cryptocurrency mining facilities, hooking up to their power grids and evoking increasing outcry among locals. An Arkansas lawmaker is seeking answers to questions many concerned Arkansans have about cryptomines setting up shop near them. Ever since a Chinese government-affiliated company attempted […]

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Mayor

NYC 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 […]

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Mayor

Miami’s ‘Bitcoin’ Mayor Suarez Doubles Wealth, Buys Boat as Side Jobs Multiply

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 […]

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Alabama

Tuberville calls for additional crypto regulations after FTX collapse | #republicans | #Alabama | #GOP

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 […]

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Alabama

Bankman-Fried Gave $1M to Senate Republicans 15 Days Before FTX Collapsed | #republicans | #Alabama | #GOP

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 […]

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Alabama

Cryptocurrency 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 […]

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Arkansas

Arkansas 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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