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Texas wants to use bitcoin miners for grid stability as power demand soars

The Electricity Reliability Council of Texas (ERCOT) is considering integrating Bitcoin miners as Controllable Load Resources (CLRs) to enhance grid stability. During a Texas Senate Business & Commerce Committee hearing, ERCOT CEO Pablo Vegas emphasized that classifying more Bitcoin miners as CLRs would improve the reliability of the state’s power grid. дальше »

2024-6-13 13:49


BlackRock’s Chief Executive Officer Sees Cryptocurrency as the Modern Equivalent of Gold, with Bitcoin as a Global Asset

BlackRock’s CEO Describes Cryptocurrency as the Modern Equivalent of Precious Metal, Designates Bitcoin (BTC) as a Digitalized Asset In a recent FOX Business interview, Larry Fink, the CEO of BlackRock, characterizes cryptocurrencies as “digital gold” while specifically classifying Bitcoin as a digital asset. дальше »

2023-7-6 01:36


Australian Executives Warn Against Classifying Crypto As Financial Products

Australian crypto executives have issued warnings regarding classifying all cryptocurrencies as financial products under the law. This stance was taken after Stephen Jones, Assistant Treasurer and Minister of Financial Services, made a specific comment about the country’s regulatory framework on digital assets in an interview with the Sydney Morning Herald on January 22. According to […] дальше »

2023-1-24 17:00


CryptoSlate Wrapped Daily: IRS classifies NFTs as digital assets; retail investors group seeks to track down Do Kwon

The biggest news in the cryptoverse for October 19 includes the IRS classifying NFTs as digital assets for tax purposes, Cardano NFTs becoming the next gold rush,  Blockchain advocacy groups filing a motion to support Grayscale in the lawsuit against SEC, and top 10 metaverse tokens crashing as interest wanes. дальше »

2022-10-20 01:40


India Reverses Crypto Stance, Considers Classifying Bitcoin As An Asset Class: Report

After years of India's hostile stance towards cryptocurrencies, the country is reportedly looking to classify Bitcoin as an asset class. India's Financial Regulator SEBI To Oversee Crypto Sector According to reports by The New Indian Press, the government has decided to skip its plans to ban cryptocurrencies and consider Bitcoin's classification as an asset class. дальше »

2021-6-11 20:30


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SEC Head Unsure of Classifying Libra Cryptocurrency as a Security

The Chariman of U. S. the Security and Exchange during his latest address to congress shed ambiguous light the regulatory concerns surrounding Facebook’s Libra. As described in a post from Reuters, Jay Clayton, head of the SEC, didn’t provide any detailed statements about whether Facebook’s Libra will be regulated as securities or not. дальше »

2019-9-26 01:00


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Cryptocurrency and Cannabis: Risky Investments with a Twist

While classifying investments based on growth potential and risks, investors tend to cluster cryptocurrency, cannabis, and biotech together. While cryptocurrency has several more dimensions of risk, Rob Wertheimer of Melius Research gave a strong point of difference between cannabis and cryptocurrency in an interview with Yahoo Finance, June 11, 2019. дальше »

2019-6-12 17:00


Japan places cryptocurrencies into new category called “crypto-assets” to prevent confusion with legal tender

The Japanese Financial Services Agency (FSA) has placed cryptocurrencies into a new legal category called “crypto-assets,” according to English-language local media The Japan News. By classifying cryptocurrencies this way, the government reportedly “hopes that traders will no longer purchase them believing that they are legal tender recognized by the government.” The FSA advisory panel compiled […] дальше »

2018-12-18 20:51


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Google AI Briefly Describes Bitcoin as ‘Collapsed Economic Bubble’

Reports have documented the recent description of Bitcoin as comprising a “collapsed economic bubble” on the part of Google’s artificial intelligence (AI). The bizarre depiction of the world’s first cryptocurrency came as a result of an edit made to Wikipedia classifying Bitcoin in said terms, with its author justifying such as representing “the majority view. дальше »

2018-12-18 17:55


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Campaign To Find The “Real” Satoshi Garners $70,000 USD In Crowdfunding

The true identity of Satoshi Nakamoto, the creator of Bitcoin, has been a heavily contested topic in the cryptocurrency community for the better part of a decade. Even though Satoshi has since faded into the shadows, with some classifying him as somewhat of a legend, many still seek to find out who he, she, or […] The post Campaign To Find The “Real” Satoshi Garners $70,000 USD In Crowdfunding appeared first on Ethereum World News. дальше »

2018-8-13 22:30