The Blockchain Basics Act has been introduced in Mississippi, South Carolina, and Ohio.

The Blockchain Basics Act has been introduced in Mississippi, South Carolina, and Ohio.

Three additional U.S. states have sponsored the Blockchain Basics Act, a set of rules designed to protect people’s cryptocurrency rights at the state level: Mississippi, South Carolina, and Ohio. This action has led to the introduction of comparable cryptocurrency regulations in seven states, including Missouri, and their passage. The Blockchain Basics Act Regulation Now Applies … Read more

US EIA Begins Demanding Energy Consumption Information from Miners of Cryptocurrencies

US EIA Begins Demanding Energy Consumption Information from Miners of Cryptocurrencies

Cryptocurrency miners have received letters from the U.S. Energy Department’s statistics arm, the U.S. Energy Information Administration (EIA), requesting information about their mining sites’ layout and energy usage. One of the letters shared on social media states that miners have until February 23 to disclose any information on the activities that took place in January. … Read more