A cold climate and cheap energy have made Russia a destination for bitcoin mining. But new factors confront its cryptocurrency efforts.
The co-founder of one financial services company is bullish on digital currencies even as uncertainty roils the market.
New York's denial of a power plant permit highlights what's at stake for the crypto industry and communities fighting to meet climate goals.
The 2-year moratorium prevents the repurposing of fossil-fuel burning power plants into crypto mining operations.
A bill awaiting Gov. Kathy Hochul's signature would enact a two-year moratorium on the industry's use of fossil-fuel power plants to mine cryptocurrency. A Finger Lakes community is wrestling with the environmental impacts.
The term describes the downturn in the value of bitcoin as well as the fortunes of companies that support the cryptocurrency ecosystem.
"Celebrities are rich for reasons having nothing to do with their crypto investments," says Vox's Emily Stewart.
The terraUSD meltdown destroyed the nest eggs of people who had no idea what it was nor that they'd invested in it.
A bill would put the Commodity Futures Trading Commission in charge. Some consumer advocates back the Securities and Exchange Commission.
“It's hard to find a clear reason to have [a CBDC], and, in fact, there are a lot of reasons not to,” says the Roosevelt Institute’s Chris Hughes.